Reinsurance News
Your search for “homeowners”
Lower reinsurance costs drive reduced insurance rates in Louisiana
11th December 2025
Louisiana Insurance Commissioner Tim Temple has approved requests from SureChoice Underwriters Reciprocal Exchange (SURE) and Elevate Reciprocal Exchange for an average 7.5% rate reduction, benefiting the companies’ more than 73,000 homeowners policyholders and over 17,000 dwelling policyholders. The changes, which take effect on February 16, 2026, reflect statewide averages, meaning each ... Read the full article
Acrisure to acquire underwriting MGA Vave from Canopius
10th December 2025
Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re/insurer Canopius Group. Vave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on U.S. catastrophe-exposed E&S property risks, with real-time binding and servicing via API, will continue operating under its own brand. Its ... Read the full article
Two-thirds of modelled US flood losses go uninsured: Moody’s
9th December 2025
Two-thirds of modelled U.S. residential flood losses go uninsured, leaving millions of homeowners and the broader economy financially exposed, according to Moody’s RMS modelling. Moody’s highlighted that flooding remains the most underinsured physical risk in the U.S., with only a small share of residential properties carrying flood insurance despite the growing ... Read the full article
White Mountains completes sale of insurance distribution platform Bamboo
9th December 2025
White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners. The transaction, originally announced in October, assigns Bamboo a valuation of $1.75 billion. At the time, White Mountains said it would continue to ... Read the full article
German insurers propose Elementar Re safeguard system for nat cats
9th December 2025
The German Insurance Association (GDV) has unveiled a framework to ensure that protection against natural catastrophes remains widely available, affordable, and sustainable over the long term, centred on a new reinsurance vehicle called Elementar Re. With the Elementar Re model, the GDV said insurers are presenting a "concrete proposal" for how ... Read the full article
Wildfire strategist Jessica Morse joins Delos as government affairs consultant
26th November 2025
Jessica Morse, a government wildfire management expert, has joined MGA Delos Insurance Solutions as a government affairs consultant to property insurance. Her appointment signals a strategic move by Delos to enhance its support for California homeowners struggling to secure property insurance in locations facing high wildfire risk. Delos is a surplus lines ... Read the full article
Tech-enabled litigation instigation, a new practice destabilising US insurance markets: Demotech
19th November 2025
Systemic, tech-driven lawsuit practices are destabilising insurance markets in the United States, recent research by rating agency and financial analyst Demotech has revealed. Vulnerable property owners hit by natural disasters are facing a "second wave" of distress, not just from the storms, but from a “predatory, covert business model” known as ... Read the full article
AM Best adjusts US excess and surplus lines segment outlook to stable
18th November 2025
Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening. The agency reported that rate increases are easing in certain classes and that uncertainties in loss costs, including ... Read the full article
SageSure to underwrite policies issued by Trium Syndicate 1322 after receipt of Lloyd’s Coverholder and DCA status
18th November 2025
Large, US catastrophe-exposed focused managing general underwriter (MGU), SageSure, is now an official Coverholder and Delegated Claims Administrator (DCA) at Lloyd’s after approval from the marketplace, enabling the firm to underwrite policies issued by Trium Syndicate 1322. The partnership with Trium Syndicate 1322 at Lloyd’s, rated “A+” (Superior) by global ratings ... Read the full article
American Integrity continues policy assumption from Florida’s Citizens
17th November 2025
As part of the strategic participation in the Citizens take-out program, Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, has assumed 7,087 policies from Florida’s insurer of last resort. This adds approximately $25.8 million of annualised written premium at an average premium of $3,640 to the firm’s overall ... Read the full article
FutureProof Technologies to enhance wildfire coverage with Terrafuse AI acquisition
11th November 2025
FutureProof Technologies, a venture-backed insurtech startup, has entered into a definitive agreement to acquire Terrafuse AI, a provider of wildfire risk analytics. The acquisition combines FutureProof’s AI-powered underwriting and pricing platform with Terrafuse’s patented wildfire prediction technology, creating a comprehensive platform to deliver next-generation insurance coverage in wildfire-affected states. Following the devastating ... Read the full article
WWF urges global leaders at COP30 to integrate climate and nature into financial resilience strategies
10th November 2025
The World Wide Fund for Nature (WWF), an independent conservation organisation, is calling on policymakers and financial regulators gathering at COP30 to place climate and nature action at the centre of financial resilience strategies. In a new policy brief focused on advanced economies, WWF warns that escalating climate impacts and the ... Read the full article
Slide reports record numbers in Q3’25 with 48.5% CoR and $111m net income
6th November 2025
Slide Insurance Holdings, Inc, has announced its financial results for the third quarter of 2025, reporting a significant net income increase, to $111 million, gross premiums written growth of 33.8%, and record low combined ratio of 48.5%. This year’s Q3 net income more than sextupled from the $17.6 million reported in ... Read the full article
Allstate’s total revenues reach $17.3bn in Q3’25 amid lower cat losses
6th November 2025
Allstate Corporation reported total revenues of $17.3 billion in Q3 2025, up $628 million, or 3.8%, from the same quarter in 2024. Net income applicable to common shareholders reached $3.7 billion in Q3 2025, compared with $1.2 billion in Q3 2024, reflecting strong operating performance across the enterprise. Catastrophe losses also declined ... Read the full article
Selective adds Julie Parsons as Independent Director
4th November 2025
Selective Insurance Group, Inc. has appointed Julie Parsons to its Board of Directors as an Independent Director, effective November 3rd, 2025. With this addition, Selective’s Board is now composed of 12 directors, 11 of whom are independent. Parsons is an industry veteran with extensive experience in product development, digital transformation, and customer ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
