Reinsurance News
Insurance news
Insurance news of relevance to the reinsurance market.
Our focus is on insurance and reinsurance news for large account, commercial and specialty lines, as well as pure reinsurance and retrocession news, analysis, insight and interviews.
DARAG Group expands UK claims services through new partnership with Unipol Assicurazioni
23rd July 2025
DARAG Group, a legacy acquirer with a focus on the European market, has signed a service agreement with Italian insurer Unipol Assicurazioni S.p.A. (Unipol). Unipol Assicurazioni is the parent company of the Unipol Group, one of the larger insurance providers in Europe and the dominant player in Italy’s non-life insurance sector, ... Read the full article
KBRA upgrades American Coastal Insurance Corporation to investment grade
22nd July 2025
American Coastal Insurance Corporation, the parent company of American Coastal Insurance Company (AmCoastal), has announced that Kroll Bond Rating Agency (KBRA) has raised the Company’s Issuer and Debt ratings from BB+ to BBB-, achieving investment grade status. Additionally, KBRA has reaffirmed the A- Insurance Financial Strength Rating for AmCoastal. The outlook ... Read the full article
S&P revises MAPFRE’s outlook to positive, citing strong capital and earnings
22nd July 2025
S&P Global Ratings, a credit rating agency, has revised its outlook on the Spanish insurance group Mapfre to positive from stable, reflecting growing confidence in the group’s financial strength and earnings trajectory. The change in outlook follows S&P’s assessment that Mapfre’s capital adequacy is expected to remain strong and may consistently ... Read the full article
Davies names Mike Heard President of Operations for North America amid strategic growth initiatives
22nd July 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has appointed Mike Heard as President of Operations for its North American business. Heard will report to Dhara Patel, CEO of Davies North America, and will be responsible for overseeing the company’s operations in the region. He joined Davies ... Read the full article
Only 3 in 10 aviation executives confident their strategies can manage future risks, finds WTW
21st July 2025
According to a recent report from Willis Towers Watson (WTW), just three out of ten aviation executives believe their current strategies will be sufficient to handle the emerging risks facing the industry over the next decade. The study, which surveyed 130 senior aviation leaders, found that only half feel confident that ... Read the full article
European insurers positioned for strong year-end, according to S&P
18th July 2025
European insurers are expected to close the year in a solid position, supported by resilient underwriting results, robust capital buffers, and effective strategic adjustments across the sector, according to a midyear report by S&P Global Ratings, a provider of independent credit ratings, research, and analytics. In its latest publication, European Insurance ... Read the full article
Price Forbes adds construction coverage to expanding Lectio facility
18th July 2025
Specialty insurance broker Price Forbes has announced the latest extension of its exclusive underwriting facility, Lectio, which now includes construction and builders risk coverage. This move broadens the scope of the facility, further enhancing its ability to support complex risks across multiple industries. The newly added coverage applies to short-term construction projects ... Read the full article
Gallagher expands Evolve smart-follow facility with new power risks
17th July 2025
Insurance and reinsurance brokering group Gallagher has introduced a new product line within its Evolve placement strategy, which offers automatic, immediate and bespoke coverage for Conventional Power clients around the world. Evolve, powered by InsurX’s smart follow technology, is multi-line portfolio tracker solution launched in February last year which unlocks seamless ... Read the full article
mea Platform and ASG partner to automate insurance underwriting
17th July 2025
mea Platform, a provider of intelligent insurance processing technologies and ACORD Solutions Group (ASG), an industry-owned provider of next-generation digital solutions, have entered a strategic partnership to accelerate the adoption of automated underwriting processes and digital data exchange for the global insurance industry. Through this collaboration, mea Platform will integrate with ... Read the full article
Insurance rates continue to climb in Q2’25, according to Novatae Risk Group
17th July 2025
Insurance rates across the US continued their upward trend in the second quarter of 2025, according to new data released by MarketScout, a national insurance distribution and underwriting company, in collaboration with Novatae Risk Group, a specialty insurance brokerage and risk advisory firm. For commercial insurance, average rates rose by 2.8% ... Read the full article
Reask introduces global tropical cyclone alert service for insurers
16th July 2025
Reask, a provider of tropical cyclone risk intelligence, has launched a new global alert service aimed at helping insurers and catastrophe modellers track storms before they make landfall. The service uses high-resolution windfield forecasting to give early regional insights into developing tropical systems. Unlike standard agency forecasts, which typically focus on public ... Read the full article
Allianz Commercial restructures its Benelux and Nordics units with four senior hires
16th July 2025
Allianz Commercial, part of global insurer Allianz, has made four new senior appointments to establish a new structure to drive growth in the Benelux and Nordics regions. The firm is establishing its Nordics region effective August 1st, 2025, led by Margaretha Mo as Regional Managing Director. This aims to separate Benelux and ... Read the full article
Markel Insurance appoints Christian Stobbs Chief Strategy and Corporate Development Officer
16th July 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Christian Stobbs as Chief Strategy and Corporate Development Officer. In this newly created position, Stobbs will lead efforts to identify and pursue strategic initiatives that support growth across Markel’s insurance operations. Stobbs will be based in the US ... Read the full article
Insurance fronting model shifts from scale to operational excellence: Conning
15th July 2025
The insurance fronting model is rapidly maturing, moving beyond a race for scale to a focus on operational excellence, according to a recent report by Conning. This shift comes amid significant growth, increasing challenges, and a market shakeout within one of the property-casualty insurance industry’s fastest growing sectors. The report, Fronting Model ... Read the full article
Turkish non-life insurance sector gradually stabilising amid stronger pricing: Fitch
14th July 2025
Fitch Ratings, a credit rating agency known for its comprehensive financial analysis and market insights, has provided an updated outlook on the Turkish non-life insurance sector. Their latest report highlights a cautious yet optimistic path toward market stabilisation, driven by improved pricing strategies and high interest rates that are expected to ... Read the full article
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