Reinsurance News

investments

ABIR and Insurance Ireland call for regulatory changes to strengthen EU securitisation market

9th March 2026

The Association of Bermuda Insurers and Reinsurers (ABIR), an industry association representing Bermuda’s international insurers and reinsurers, and Insurance Ireland, the representative body for the Irish insurance sector, are urging European Union policymakers to make regulatory adjustments to the EU securitisation framework. According to the organisations, such changes would allow proven ... Read the full article

Aberdeen Group to sponsor Stagecoach Pension Scheme, opening new opportunities for asset managers

4th December 2025

Aberdeen Group plc, an investment manager overseeing more than £200 billion in assets for pension, insurance, and other institutional clients, has agreed to become the sponsoring employer for the Stagecoach Group Pension Scheme (SGPS). This strategic move will benefit the scheme’s 22,000 members while marking a significant step in Aberdeen’s growing ... Read the full article

BPL launches Funded Solutions team to expand credit insurance services

5th November 2025

BPL, an independent broker specialising in credit and political risk insurance (CPRI), has established a new Funded Solutions team to provide insurance-linked capital and credit management strategies, including repackagings, for a broad range of financial institutions. The team will serve both established credit insurance clients and new entrants from the banking, ... Read the full article

Cowbell secures $60m Series C from Zurich for SMEs cybersecurity boost

26th July 2024

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced the closure of a $60 million Series C equity round, funded by Zurich Insurance Group (Zurich), a global multi-line insurer. With this $60 million investment, Cowbell plans to enhance its operations to accommodate growing demand, increase its ... Read the full article

Centerbridge & Gallatin sell up to 21.5% of Phoenix to Affinity and other investors

17th July 2024

International and Israeli investors have agreed to acquire up to 21.5% of Phoenix Group Holdings, an Israeli financial group, from investment firms Centerbridge Partners and Gallatin Point. The investment involves the sale of 4.95% of Phoenix shares to Affinity Partners, a global investment company headquartered in Miami. Additionally, approximately 6.5% of the ... Read the full article

Japan’s life insurance sector revives while China faces yield challenges: Swiss Re

15th July 2024

Japan's life insurance industry is seeing a resurgence as the economy overcomes its "lost decades," according to a recent report by global reinsurer Swiss Re. In contrast, China's life insurers are now dealing with the same "negative spread" problem. Since 2020, investment yields in China's life insurance sector have fallen by ... Read the full article

Assured Guaranty to merge US financial guaranty insurers

10th July 2024

Assured Guaranty Municipal Corp. (AGM), an Assured Guaranty Ltd. subsidiary that provides financial guarantees for municipal bonds, will merge with Assured Guaranty Inc. (AG), a company that offers financial guarantees and credit enhancement products, anticipated to take effect on August 1, 2024. The merger of AGM and AG into a single ... Read the full article

NEAM forms strategic partnership with Nassau Financial Group for private placements

10th July 2024

New England Asset Management, Inc. (NEAM), a provider of insurance investment solutions, announced a strategic partnership with Nassau Financial Group (Nassau), a diversified financial services firm. Through this collaboration NEAM will manage Nassau’s existing private placements portfolio, a move that will enhance the company's investment offerings by adding new private placements ... Read the full article

Davies secures £1.5 billion refinancing to support growth initiatives

5th July 2024

Davies, a provider of specialised professional services and technology solutions for insurance and highly regulated markets, has announced a successful £1.5 billion refinancing of its senior debt facilities. This move significantly lowers its interest expenses, extends debt maturity dates, and secures additional credit lines to support its future growth initiatives. The agreement ... Read the full article

AutoRek partners with J.P. Morgan Payments to enhance insurance premium processing

5th July 2024

AutoRek, an insurtech company, has announced a collaboration with J.P. Morgan Payments, a division of J.P. Morgan, a global financial institution, to assist insurance firms in navigating data complexities and exploring new market opportunities. AutoRek's solution enhances financial data flows from banking sources, aiding in cash allocation, matching, and credit control. This ... Read the full article

Wind energy producers and insurers need to monitor changing climate: Swiss Re

4th July 2024

According to a report from Swiss Re, a global reinsurance company, climate change is expected to alter global wind patterns, posing significant challenges for wind energy producers and insurers alike. Shilpa Gahlot, Insurance Research Specialist, Swiss Re, states: "The intensity of storms is anticipated to increase, with stronger gusts and more ... Read the full article

French insurers’ ratings remain stable amid ongoing political uncertainty: Fitch

2nd July 2024

Fitch Ratings, a financial analysis and credit rating agency, reports that the political uncertainty in France, stemming from President Emmanuel Macron's call for an early parliamentary election, has not impacted the ratings of French insurers. Although a potential increase in sovereign-related risks might challenge certain factors influencing insurers' ratings, most insurers ... Read the full article

DWF boosts Australian presence with Proclaim acquisition

28th June 2024

DWF, a provider of integrated legal and business services, has announced its acquisition agreement with Proclaim, a claims management business in Australia, aiming to enhance its presence in the country. Group CEO, Sir Nigel Knowles, commented: "This acquisition will mark a significant step forward in our growth strategy, reinforcing our commitment ... Read the full article

AM Best downgrades Sun Re Ltd’s financial strength amid balance sheet challenges

19th June 2024

Credit rating agency AM Best has downgraded the financial strength rating of reinsurer Sun Re L from B+ (Good) to B (Fair) and lowered its Long-Term Issuer Credit Rating from “bbb-” (Good) to “bb” (Fair). These Credit Ratings are now under review with negative implications following Sun Re's request to withdraw ... Read the full article

Insurers continue to face capital challenges: Aon

18th June 2024

Aon, a global insurance and reinsurance broking group, has released its latest capital poll, highlighting the capital challenges and growth prospects for insurers. The challenges faced in 2023 significantly reduced the financial buffers that many insurers previously benefitted, leading to a heightened focus on capital management and diverse funding sources. Despite robust ... Read the full article