Reinsurance News
North America
NA P&C re/insurers maintain favourable operating returns in FY’25: Fitch
18th March 2026
Fitch Ratings’ review of 2025 GAAP financial results for 41 North American property and casualty re/insurers found that operating returns remained at favourable levels, supported by strong underwriting results and investment income growth. The group’s overall operating return on common equity was 10.9% in 2025, down from 11.1% in 2024, with ... Read the full article
DUAL North America and AXIS increase surety programme capacity
13th March 2026
Insurers DUAL North America and AXIS Capital Holdings Limited have expanded the capacity of their surety programme partnership after its first year of operations in the market. DUAL North America, the specialist underwriting arm of the global Howden Group, said it is increasing its surety programme capacity in response to rising ... Read the full article
Chubb makes changes to North America Field Operations leadership team
13th February 2026
Chubb has announced a number of North America Field Operations leadership changes, which include the appointment of Chad Yarlagadda as Regional Executive Officer, Midwest Region; Ben Mortimer as Regional Executive Officer, Southeast Region; and Kelley Kinsella’s retirement. Yarlagadda, who currently serves as Regional Executive Officer in the Southeast Region, will succeed ... Read the full article
SiriusPoint names Sakakeeny as CUO, North America P&C Insurance
29th January 2026
SiriusPoint, a specialty insurer and reinsurer, has appointed John Sakakeeny as Chief Underwriting Officer (CUO) of North America P&C Insurance, effective February 2nd, 2026. In his new role, Sakakeeny will provide strategic leadership to the underwriting and program management teams across SiriusPoint’s North America Insurance business, drive profitable growth, and strengthen ... Read the full article
North America life insurance sector outlook remains neutral for 2026: Fitch
4th December 2025
Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic volatility, and geopolitical uncertainty. The agency expects life insurers to maintain strong capitalisation, prudent asset-liability management, ... Read the full article
Mosaic Insurance launches enhanced blended IMI and cyber coverage for NA and Bermuda
17th September 2025
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has expanded its investment management insurance (IMI) offering with a new modular format that provides up to $20 million capacity per risk. The move targets investment managers, funds, fund of funds, superannuation and pension fund managers, and alternative investment ... Read the full article
NA property a “market of opportunity” despite softening: Howden Re’s Gulbransen
15th September 2025
In a recent interview with Reinsurance News during RVS 2025, Howden Re's Wade Gulbransen, CEO North America, offered an optimistic perspective on the current reinsurance market in the region, describing it as a “market of opportunity” despite recent shifts. Gulbransen highlighted the significant changes over the past three or four years, ... Read the full article
NA P&C re/insurers post strong operating results despite catastrophes: Fitch
29th August 2025
Fitch Ratings’ review of GAAP financial results for 41 North American (NA) re/insurers showed strong operating returns, strong underwriting results, and higher investment income in the first half of 2025, despite elevated catastrophe activity. Fitch reported that the overall operating return on common equity declined modestly year over year to 8.9% ... Read the full article
Fitch highlights strong growth in North American life reinsurance in 2024
21st July 2025
According to Fitch Ratings, a credit rating agency, North American life reinsurance experienced significant growth in 2024, driven by expanding partnerships between insurers and alternative investment managers, increased reliance on offshore reinsurance platforms, and a record-setting year for annuity sales. In its analysis, Fitch notes that reserves ceded by insurers—measured through ... Read the full article
ACORD Solutions Group launches ADEPT North America Regional Hub
17th July 2025
ACORD Solutions Group (ASG), a provider of digital solutions for the global insurance industry, has launched the ADEPT North America Regional Hub to drive industry-wide modernisation through standardised digital data exchange for large commercial and reinsurance transactions. ADEPT enables seamless, standardised data exchange for placing, accounting, and claims processes across the ... Read the full article
North American insurers poised to withstand current market volatility: S&P
11th April 2025
North American insurers’ robust capital and liquidity buffers will allow them to withstand the current market volatility, including tariff-related downturns, without an immediate impact to ratings or outlooks, S&P Global Ratings highlighted in a recent report. Global markets were significantly impacted by the US administration's announcement of sweeping tariffs and the ... Read the full article
Dhara Patel promoted to CEO of Davies North America
13th March 2025
Davies, a professional services and technology specialist, has announced the promotion of Dhara Patel to CEO of its North American business, succeeding Matt Button. Button, who has been with Davies for nearly a decade, served as CEO of Davies North America since July 2023. Earlier this year, he was promoted to ... Read the full article
Davies to acquire Premier Claims Management to expand North American claims services
9th December 2024
Davies, a professional services and technology specialist, has announced its acquisition of Premier Claims Management, LLC (PCM), a claims service provider specialising in professional and general liability claims. Based in Santa Ana, California, PCM’s addition strengthens Davies’ North American (NA) services by expanding its professional and general liability claims capabilities and ... Read the full article
Chubb strengthens its global team with several executive appointments
10th July 2024
Property and casualty (P&C) insurer Chubb has announced a number of new appointments, including Paul McNamee’s as Executive Vice President, Chubb Group and President of Overseas General Insurance. With nearly three decades of insurance industry experience, McNamee, who is currently Senior Vice President, Chubb Group and Regional President of Asia Pacific, ... Read the full article
DWF strengthens insurance claims management & adjusting team with senior hires
5th July 2024
DWF, a provider of combined legal and business services, has enhanced its global Claims Management & Adjusting (CMA) division by appointing Darren Goldman as Head of North America and Antonio Herrera Sancho as Claims Director in Spain. Goldman said: "I am excited to lead the talented CMA team as the regional ... Read the full article
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