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.

Continued profitable growth for Hannover Re amid evolving risk landscape: CEO Jungsthöfel

14th July 2025

Clemens Jungsthöfel, who took over as CEO of Hannover Re from Jean-Jacques Henchoz in early April, has outlined his vision for the company’s future in a recent interview with Börsen-Zeitung, emphasizing continued profitable growth by leveraging its focused reinsurance model a lean structure. Jungsthöfel described Hannover Re’s current position as Read the full article

Reinsurance pricing remains near historic highs as 2025 market holds firm: AM Best

11th July 2025

In a recent briefing hosted by AM Best, titled “Reinsurance: What Lies Ahead?”, industry leaders gathered to examine the state of the reinsurance market at mid-year 2025 and offer insights into how the rest of the year might unfold. The panel included Jim Williamson, President & CEO of Everest Group; Greg ... Read the full article

Supercede introduces free Lloyd’s SRS return automation following Cohort 14

10th July 2025

Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns. The feature was developed following Supercede’s involvement in Cohort 14 of the Lloyd’s Lab Accelerator, which included a focus on enhancing reinsurance workflows for the Lloyd’s market. Addressing a commonly cited ... Read the full article

AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats

9th July 2025

AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate softening in the market since 2023, demand for cyber insurance remains resilient and ... Read the full article

Reinsurance must embrace forward-looking risk strategies, says Mandarin Re’s Arthur Underwood

8th July 2025

Mandarin Re’s Chief Underwriting Officer, Arthur Underwood, is urging the reinsurance industry to adopt a more forward-looking approach to risk evaluation and mitigation, as traditional models struggle to keep pace with fast-emerging threats. “The pace of change is accelerating,” Underwood said. “There is growing uncertainty, less confidence in historical trends, and ... Read the full article

It’s time to automate the ceded reinsurance process, says DXC Technology’s James Mahon

3rd July 2025

In a recent interview with Reinsurance News, James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, highlighted a persistent issue facing the re/insurance industry: the continued reliance on manual processes for managing ceded reinsurance. DXC Technology provides IT services and solutions to insurers around the world, with a focus on helping organisations ... Read the full article

Howden to launch reinsurance operation in Saudi Arabia

25th June 2025

Howden, a global insurance and reinsurance broking group, has secured regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia, Howden Re KSA, to be led by Motaz Bukhari as Chief Executive Officer (CEO). Howden Re KSA is to offer Treaty and Facultative placements, in addition to offering ... Read the full article

Orion180 lifts reinsurance coverage 31% for 2025 hurricane season to $845m

24th June 2025

Insurance solutions provider Orion180 has completed its excess-of-loss (XOL) and net quota share reinsurance agreements for the 2025 hurricane season totalling $845 million, which represents a 31% increase from the 2024 programme. The renewed reinsurance programme is backed by a robust panel of 35 leading global reinsurers, and covers both Orion180 ... Read the full article

Coalition Re launches Helios platform to improve cyber risk monitoring

24th June 2025

Coalition, known as the first Active Insurance provider focused on digital risk prevention, has introduced Coalition Re’s Helios platform. This new tool allows cedants of Coalition Re to track their cyber risk exposures in real time and manage their portfolios with updated data. Existing cedants can use the platform now at no ... Read the full article

Protecdiv names Sandra Thompson, former FHFA Director, as Independent Board Director

24th June 2025

Protecdiv, an insurance and reinsurance brokerage firm, has announced the immediate appointment of Sandra Thompson, former Director of the Federal Housing Finance Agency, as an Independent Director on its Board. With many years of experience in financial services, regulatory oversight, and corporate governance, Thompson joins Protecdiv as the company continues its ... Read the full article

Kingstone lifts catastrophe reinsurance limit 57% to $440m for 2025

23rd June 2025

Kingstone Companies, Inc., a US property and casualty insurance holding company, has finalised its 2025/2026 catastrophe reinsurance placement, increasing the amount of reinsurance limit secured by 57%, or $160 million year-on-year to $440 million. The limit includes $125 million in multi-year protection through the carrier's first catastrophe bond, 1886 ... Read the full article

Acrisure Re launches West Coast Office, led by SVP Souza

23rd June 2025

Acrisure Re, the re/insurance division of global fintech company Acrisure, has expanded its US footprint with the launch of its West Coast Office, based in San Francisco, to be established and led by Danny Souza, Senior Vice President. Souza will continue to report to Marc Piccione, Partner and Managing Director of ... Read the full article

S&P Global raises Sava Re group’s ratings to ‘A+’ following Slovenia’s sovereign upgrade

23rd June 2025

S&P Global Ratings, a credit rating agency known for assessing credit risk and financial strength across markets, upgraded Sava Re Group and its core subsidiary Zavarovalnica Sava from 'A' to 'A+' on both their long-term issuer credit and financial strength ratings. The move follows S&P Global’s earlier decision on June 6, ... Read the full article

Fitch upgrades QBE ratings, citing strong financial performance

20th June 2025

Credit rating agency Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of QBE Insurance Group Limited to ‘A’ from ‘A-’ and raised the Insurer Financial Strength (IFS) Ratings of its core subsidiaries to ‘AA-’ from ‘A+’. The outlook for all ratings is stable. Fitch pointed to QBE’s improved financial ... Read the full article

SiriusPoint extends DUPI Nordics partnership into continental Europe

19th June 2025

SiriusPoint Ltd., a re/insurer focused on specialty lines, has announced the expansion of its ongoing relationship with Copenhagen-based Managing General Agent (MGA), DUPI Nordics, into Continental Europe. Since March 2023, SiriusPoint has supported DUPI Nordics by providing capacity for its niche insurance offerings. Initially centred on Brown Water Hull coverage in the ... Read the full article