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.
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
McGill and Partners introduces cyber insurance specifically designed for Battery Energy Storage Systems
17th June 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems become more interconnected and ... Read the full article
Howden Re and UCL School of Management receive £200k for AI project targeting reinsurance processes
16th June 2025
Howden Re, the reinsurance and advisory division of Howden, and the UCL School of Management have been awarded £200,000 in government funding through a Knowledge Transfer Partnership (KTP), and the project is co-funded by Innovate UK and Howden Re. The partnership will focus on developing AI tools intended to update how ... Read the full article
Gallagher Re reveals leaked data as a strong predictor of cyber insurance claims
16th June 2025
Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriting in commercial cyber insurance. Their research focuses on the development and application of the Technographic Insight ... Read the full article
Bermuda’s long-term insurance sector maintains stability amid systemic risk concerns: BILTIR
13th June 2025
A recent independent report commissioned by Bermuda International Long Term Insurers and Reinsurers (BILTIR)—an association representing Bermuda-based long-term re/insurance companies—and conducted by Oliver Wyman, a global management consulting firm, has affirmed that Bermuda’s long-term re/insurance industry acts as a source of stability rather than risk within the global financial system. The ... Read the full article
Swiss Re flags extreme heat as deadliest natural hazard in latest SONAR report
12th June 2025
Swiss Re, a reinsurance company, has issued a warning in its newly published 2025 SONAR report: extreme heat now poses a greater threat to human life than floods, earthquakes, and hurricanes combined. The annual report, which monitors emerging risks affecting insurers and global systems, positions extreme heat as a primary concern ... Read the full article
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