Reinsurance News

Florida Re

Stonybrook launches new Excess Hired and Non-Owned Auto insurance program

23rd February 2026

Stonybrook Capital and Stonybrook Risk Management, a specialist strategic advisory and reinsurance intermediary, have successfully placed and launched a new Excess Hired and Non-Owned Auto (HNOA) insurance program. With PT Edwards as the managing general agent (MGA), the program is underpinned by robust reinsurance support from Florida Insurance and Reinsurance Co ... Read the full article

MNK’s Florida Re gets A- rating from AM Best

9th December 2025

Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent). Simultaneously, MNK Group, London, has received a Long-Term ICR ... Read the full article

Florida Re names Jeremy Baczkiewicz as CUO

27th December 2024

Florida Insurance and Reinsurance Company (Florida Re), a property and casualty re/insurer serving commercial clients across Florida, has appointed Jeremy Baczkiewicz as its new Chief Underwriting Officer (CUO). Baczkiewicz brings over 21 years of experience in underwriting management and strategic operations within the insurance and reinsurance sectors to Florida Re. In his ... Read the full article