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.

Corebridge closes largest portion of variable annuity reinsurance deal with Venerable

4th August 2025

Corebridge Financial, Inc. has announced the successful closure of the largest portion of its previously announced reinsurance agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. The transaction, which reinsures all Individual Retirement variable annuities issued by American General Life Insurance Company (AGL), marks a significant ... Read the full article

PartnerRe appoints Matthew Doherty as Head of Underwriting Insurance Programs

4th August 2025

PartnerRe, a reinsurer providing capital and risk solutions, has appointed Matthew Doherty as Head of Underwriting Insurance Programs, effective August 1, 2025. In this role, Doherty will oversee underwriting activities related to insurance programs, supporting the company’s ongoing work in this segment of the market. His appointment aligns with PartnerRe’s ongoing efforts ... Read the full article

Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio

1st August 2025

In recent years, Bermuda-based re/insurer AXIS Capital Holdings has repositioned its reinsurance strategy to better fit with the company's view of risk, and Chief Executive Officer (CEO), Vincent Tizzio, has said that the firm's approach to reinsurance will remain both agile and flexible. During the carrier's Q2 2025 earnings call, ... Read the full article

London Market Group reports stronger confidence in UK financial regulators

1st August 2025

The London Market Group (LMG), a collective body representing the specialist commercial re/insurance market in London, has published the results of its second Regulatory Sentiment Indices. The data shows a clear improvement in how firms view the performance of the UK’s two key financial regulators: the Financial Conduct Authority (FCA) and ... Read the full article

Allstate reports significant rise in net income to $2.1bn for Q2’25

31st July 2025

The Allstate Corporation, a provider of personal property and casualty insurance in the United States, has announced robust financial results for the second quarter of 2025, highlighted by substantial underwriting income improvement across the business and improved profitability. Across the group, net income increased to $2.1 billion from $301 million in ... Read the full article

Resolution Life signs reinsurance agreement with Taiju Life in Japan

30th July 2025

Resolution Life, a life insurance group focused on reinsurance and managing life insurance portfolios, has entered into a reinsurance agreement with Taiju Life Insurance Company Limited, a domestic insurer and part of the Nippon Life group. The agreement aims to increase the crediting rate of Taiju Life’s Australian dollar-denominated endowment product, ... Read the full article

Aon reports expanding insurance capacity amid rising global risks

30th July 2025

Aon, a global insurance and reinsurance broker, has released its Q2 2025 Global Insurance Market Insights, highlighting a notable phase in the insurance market where increased capacity and softening rates are coinciding with intensifying systemic threats. According to Aon, market conditions in the second quarter were broadly favourable for buyers, with ... Read the full article

Swiss Re highlights growing health and mortality protection gaps across Asia

30th July 2025

Swiss Re, a reinsurer known for its expertise in risk management and insurance solutions, has released a detailed report exposing the widening gaps in health and mortality protection across Asia. The report includes findings from a survey involving more than 12,000 consumers in 12 different markets, offering valuable insights into the ... Read the full article

SageSure & Anchor Re secure $50m with debut reinsurance sidecar Seawall Re

29th July 2025

SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidecar transaction with Seawall Re. This inagural sidecar transaction with Seawall Re, a newly formed Bermuda-based special purpose insurer ... Read the full article

Reinsurance pricing softens, but market discipline holds firm, says Autonomous

28th July 2025

Autonomous, an independent research firm known for in-depth financial analysis across re/insurance sectors, has provided a detailed update on the state of the European reinsurance market following the completion of the key 1 July renewal period. Their latest assessment points to a softening in pricing after several years of steep rate ... Read the full article

UK captive & ILS reform plans seen as credit-neutral by Fitch, though longer-term risks may emerge

24th July 2025

Fitch Ratings, a credit rating agency, says the UK government's proposed overhaul of rules governing insurance-linked securities (ILS) and captive insurance will not immediately affect the credit quality of London market insurers. While the current regulatory framework remains in place until at least 2027, Fitch warns that over time, these changes ... Read the full article

Santam receives approval to launch UK-based Lloyd’s syndicate

23rd July 2025

Santam Limited, one of South Africa’s general insurers, has received in-principle approval from Lloyd’s of London—a re/insurance marketplace—to establish a Lloyd’s syndicate in the United Kingdom. This approval is subject to Santam meeting Lloyd’s operational start-up requirements. The necessary regulatory approvals have also been obtained in South Africa, and final permission ... Read the full article

S&P: Toa Re’s operating performance shows clear signs of recovery

23rd July 2025

S&P Global Ratings, a credit rating agency, has affirmed its A/Stable ratings on Toa Reinsurance Group’s core subsidiaries, reflecting a firm view that the group’s operating performance is improving, with signs of profitability returning after several challenging years. Toa Reinsurance Co., along with its overseas subsidiaries Toa Reinsurance Co. of America ... Read the full article

Demex reopens aggregate loss reinsurance market for frequent storm losses with new solution

22nd July 2025

Demex, a climate risk MGA and data analytics firm based in Washington, D.C., is driving a shift in how the reinsurance industry handles the financial burden of severe convective storms (SCS). With a new aggregate, working-layer reinsurance structure, Demex has become the first to successfully provide scalable coverage for high-frequency storm ... Read the full article

Fleming aims to revolutionise retrospective reinsurance with new REvolve™ platform

22nd July 2025

Fleming Insurance Holdings, a provider of capital solutions to P&C re/insurers globally, has launched REvolve™, a new comprehensive platform designed to transform retrospective reinsurance. REvolve™ integrates advanced risk evaluation, AI-enhanced insights, and seamless, recurring transfer of liabilities, aiming to drive continued value for counterparties. The platform combines the strengths of Fleming’s proprietary ... Read the full article