Reinsurance News
Reinsurance News
Reinsurance industry news, analysis, insight and interviews.
Reinsurance market news coverage provided everyday, on the top reinsurers and insurers, covering news topics of relevance to the reinsurance sector, as well as commercial and specialty insurance.
AM Best upgrades outlook on WAICA Re to positive, ratings affirmed
13th August 2025
AM Best has revised the outlook for WAICA Reinsurance Corporation PLC (WAICA Re) to positive from stable, while affirming the company’s Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair). According to AM Best, the revised outlook reflects growing confidence in WAICA Re’s ability ... Read the full article
TransRe collaborates with Cytora to enhance facultative risk processing efficiency
12th August 2025
TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide facultative operations. The integration is expected to help TransRe manage higher volumes of facultative submissions more effectively, lower operational ... Read the full article
Howden completes $4.1bn debt repricing at tight levels
11th August 2025
Howden Group, a UK-headquartered insurance broker and reinsurance intermediary, has completed a repricing of its US$3.1bn Term Loan B due 2031 and its £765m Revolving Credit Facility (RCF). The changes, finalised on 8 August, cut the Term Loan B margin by 25 basis points to 275bps over SOFR (Secured Overnight Financing ... Read the full article
Uzbekistan launches national reinsurer in strategic move to strengthen insurance market: S&P
11th August 2025
Uzbekistan is preparing to launch its first national reinsurance company, the Reinsurance Company of Uzbekistan (RCU), in a move that international credit rating agency S&P Global Ratings describes as strategically important but highly dependent on strong capitalisation and effective execution. The initiative, intended to increase local risk retention and improve the ... Read the full article
Moody’s raises KlaptonRe’s financial strength rating to Caa1, outlook remains stable
11th August 2025
Moody’s Ratings has upgraded Klapton Reinsurance Limited’s (KlaptonRe) Insurance Financial Strength Rating (IFSR) to Caa1 from Caa2, while maintaining a stable outlook. According to Moody’s, the upgrade reflects KlaptonRe’s significant growth in business and assets outside of Zambia, which has lessened its exposure to the local operating environment and to risks ... Read the full article
Aon’s cat risk management survey reveals industry shortfalls and strategic priorities
11th August 2025
Aon, a global insurance and reinsurance broking group, has released its 2025 Catastrophe Risk Management Survey, gathering responses from senior insurance executives on how catastrophe modelling tools are used across key processes such as portfolio management, pricing, and response to natural disasters. The publication of the survey follows Aon’s 1H 2025 ... Read the full article
Chedid Capital launches Momentum Risk Solutions UK as part of European growth strategy
11th August 2025
Chedid Capital, an investment and advisory group in the re/insurance industry, has announced the launch of Momentum Risk Solutions UK, a new Managing General Agent (MGA) headquartered in London. Known for its broad presence in the GCC, Asia, the Middle East, Africa, and Europe, Chedid Capital delivers a wide range of ... Read the full article
HCI Group posts strong Q2’25 results with 15% premium growth
8th August 2025
HCI Group, Inc., a Tampa-based holding company primarily engaged in property and casualty insurance through its subsidiaries, reported strong financial results for the second quarter of 2025, driven by disciplined underwriting and improved loss ratios. The company posted net income after non controlling interests of $66.2 million, up from $54.1 million ... Read the full article
US homeowners insurance market faces setback in early 2025 amid catastrophic events: AM Best
8th August 2025
According to a newly released analysis by AM Best, a credit rating agency and data provider specialising in the insurance industry, the US homeowners insurance segment experienced significant financial pressure in the first quarter of 2025. Following a year of marked improvement in 2024, the segment encountered its most challenging first ... Read the full article
Gallagher Re appoints Dave Brune as EVP, Program Solutions
8th August 2025
Gallagher Re, a reinsurance broker and advisor, has recently announced the appointment of Dave Brune as Executive Vice President (EVP) within its Program Solutions division. In this role, Brune will be responsible for shaping and executing the firm's North American programs strategy. He will focus on delivering efficient solutions to insurance carriers ... Read the full article
AIG’s conservative approach to US property aided by clear understanding of reinsurance cost: CEO
7th August 2025
Peter Zaffino, Chief Executive Officer (CEO) of global insurer AIG, has discussed the importance of the firm's reinsurance purchasing strategy for its US property portfolio, revealing that so far in 2025, risk-adjusted rate decreases for reinsurance are at or greater than the pricing decreases on AIG's primary business. Following the ... Read the full article
Berenberg highlights potential for increased M&A activity among reinsurers amid slowing growth
5th August 2025
Berenberg, a European investment bank and asset manager, has noted that mergers and acquisitions (M&A) could become increasingly appealing to large reinsurers. This comes amid expectations that organic growth may slow due to rising competition in the sector. The suggestion is notable, given that M&A activity in the reinsurance industry has ... Read the full article
Moody’s upgrades outlook on ASR Re to positive, affirms Baa1 rating
5th August 2025
Credit rating agency Moody’s Ratings has upgraded the outlook on ASR Re Limited’s Baa1 insurance financial strength rating from stable to positive; ASR Re, a Bermuda-based reinsurer, operates as part of Africa Specialty Risks (ASR), a group providing tailored corporate and specialty insurance solutions across Africa and the Middle East. The ... Read the full article
hx unveils Portfolio Intelligence, as it aims to become the key pricing & underwriting platform for C&S: Jamie Wilson
5th August 2025
Off the brink of hyperexponential (hx) announcing the launch of a new core product offering, Platform Intelligence, Reinsurance News spoke with Jamie Wilson, Vice President of Growth at hx, about the company’s new product and what key benefits it's set to bring towards the insurance and reinsurance sector. Portfolio Intelligence, which ... Read the full article
Progressive fortifies cat reinsurance program in Q2’25
5th August 2025
US insurer Progressive has announced the successful renewal of its catastrophe reinsurance arrangements in the second quarter of 2025, reinforcing its protection against significant weather events. The renewed programs, which address the company’s risk tolerance, include new reinsurance contracts under the company’s per occurrence excess of loss program for its personal ... Read the full article
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