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.

MSIG and IFC launch $6bn credit insurance facility to boost financing in developing nations

25th February 2026

MSIG USA and Mitsui Sumitomo Insurance Company, Limited (MSI Japan) - collectively referred to as MSIG - have partnered with the International Finance Corporation (IFC), a member of the World Bank Group, for a new insurance-backed credit facility designed to expand access to finance in emerging markets. Under the facility, MSIG ... Read the full article

Broker Hub says Anthropic’s Claude AI delivers 85% productivity gains

25th February 2026

A broad enterprise rollout of Claude, the AI platform developed by Anthropic, is now underway at Hub International Limited, an insurance brokerage and financial services firm. Anthropic, an artificial intelligence research and development company, is partnering with HUB to implement the platform across its workforce of more than 20,000 employees. The initiative ... Read the full article

Delos Insurance Solutions strengthens leadership team amid expansion plans

25th February 2026

Delos Insurance Solutions, a property insurance managing general agent, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company specialises in home insurance solutions, particularly in markets where many traditional carriers have reduced or withdrawn coverage. By combining proprietary wildfire science with ... Read the full article

WTW names Krista Cinotti as Head of Placement Strategies

25th February 2026

WTW, a global advisory, broking and solutions provider, has named Krista Cinotti as Head of Placement Strategies. The position has been created to enhance integration, representation and strategic delivery across the company’s Placement and Broking Solutions functions. In her expanded role, Krista Cinotti will lead programmes focused on strengthening operating standards, encouraging ... Read the full article

US P&C industry sees decade-high performance in 2025, AM Best reports

24th February 2026

The United States property and casualty (P&C) insurance sector recorded its strongest performance in ten years in 2025, driven by disciplined underwriting, robust pricing and investment gains, despite ongoing pressures from claim costs and liability exposure, according to credit rating agency AM Best. In its annual Review & Preview Best’s Market ... Read the full article

Solomon Islands records first climate risk insurance payouts following January heavy rainfall

24th February 2026

The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first payouts under Solomon Islands’ climate risk parametric insurance programme. The payments were triggered by the heavy rainfall event in January 2026 and were processed through ... Read the full article

Economic environment remains leading emerging risk in Q4’25, reports Gartner

23rd February 2026

Gartner, Inc., a research and advisory firm, reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025. The findings come from the company’s Quarterly Emerging Risk Report, which gathers perspectives from enterprise risk management leaders, risk and assurance professionals, auditors and senior executives on ... Read the full article

Angelo De Benedetto appointed Chief Commercial Officer of Guy Carpenter Italy

23rd February 2026

Guy Carpenter, a reinsurance broker, risk advisory firm and part of Marsh, has appointed Angelo De Benedetto as Chief Commercial Officer for its Italian operations. In his new role, De Benedetto will oversee and coordinate the firm’s commercial strategy in the country. His responsibilities include enhancing executive-level engagement with key partners and ... Read the full article

Nordic P&C insurers achieve strong underwriting results in 2025, growth set to moderate: Moody’s

23rd February 2026

Moody’s Investors Service, the international credit rating agency and provider of financial research, highlights that the eight leading Nordic property and casualty (P&C) insurers reported outstanding underwriting results in 2025. The sector’s average combined ratio, which represents claims and operating costs as a proportion of insurance revenue, declined to 84.8% from ... Read the full article

EMEA re/insurer ratings show improvement in 2025, AM Best report finds

20th February 2026

Ratings of insurers and reinsurers across Europe, the Middle East, and Africa (EMEA) showed improvement in 2025, according to a new report from AM Best, a credit rating agency specialising in the insurance sector. The findings are presented in the report “Benchmarking EMEA Ratings – Improving Credit Quality, but Common Themes ... Read the full article

Willis Re welcomes Rikki Hornett to its leadership team

20th February 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of Rikki Hornett to its team, bringing more than 40 years of industry experience, including over 25 years working in the Bermuda market. During his time on the island, Hornett played a key ... Read the full article

Allstate estimates $175m January 2026 winter storm losses

19th February 2026

The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm Fern. This compares with substantially higher catastrophe losses in January 2025, when the company reported $1.08 billion, or ... Read the full article

Markel expands cybersecurity support for policyholders through Upfort partnership

19th February 2026

Markel, the insurance division of Markel Group Inc., has announced a new partnership with Upfort aimed at strengthening cybersecurity resources for eligible US cyber insurance policyholders. Through this collaboration, policyholders can now access Upfort Shield, a multi-layer cyber defence platform that delivers AI-driven, automated protection against common cyber threats. In addition, eligible ... Read the full article

AXA XL promotes two leaders within Specialty Team Americas

19th February 2026

AXA XL, the property, casualty and specialty risk division of AXA, has confirmed the advancement of Mikki Williams and Doug Schmude to senior positions within its Specialty Team Americas. The moves are part of the company’s ongoing efforts to reinforce leadership across key specialty businesses in the region. Mikki Williams has been ... Read the full article

Nick Lamparelli appointed Chief Programme Officer at Algorithmic Insurance Services

19th February 2026

Algorithmic Insurance Services, Inc., trading as LIRG, a specialist re/insurance platform focused on building, incubating and scaling managing general underwriters (MGUs) and managing general agents (MGAs) has appointed Nick Lamparelli as its new Chief Programme Officer. In this capacity, Lamparelli will lead the development and expansion of both LIRG-sponsored and third-party ... Read the full article