Atradius wins approval to launch Lloyd’s credit Syndicate 1864 in 2026
Atradius secures final regulatory approval for Lloyd’s Syndicate 1864, set to underwrite trade credit risks from January 2026
Reinsurance News
Allianz teams up with Oaktree to launch Lloyd’s reinsurance Syndicate 1890
Allianz partners with Oaktree to launch Lloyd’s Syndicate 1890, securing multi-year AA-rated capacity and tapping capital markets for reinsurance risk
Fintech Acrisure to buy tech-first MGA Vave from Canopius
Acrisure agreed to acquire underwriting MGA Vave from Canopius, adding a high-volume, API-driven platform focused on catastrophe-exposed E&S risks
Swiss Re, RIQ team up on AI-driven reinsurance platform in UAE
Swiss Re and Abu Dhabi-based RIQ sign an MoU to develop AI-native reinsurance capacity and risk solutions across the UAE market
Swiss Re sets $4.5 bn 2026 profit target and sharpens AI-driven strategy
Swiss Re outlines a $4.5bn 2026 target, lifts L&H Re goals, deepens AI use, and plans a $500mn annual buyback alongside steady dividend growth
AM Best warn rising protectionism reshapes global reinsurance
AM Best’s Angela Yeo and Mahesh Mistry say local reinsurance rules spread into developed markets, straining risk distribution and raising costs
Lloyd’s clears Ariel Re to launch and run new Syndicate 2006
Lloyd’s approves Ariel Re’s Syndicate 2006, expanding its specialty and property reinsurance platform ahead of the 2026 account year
K2 Rubicon launched $50 mn Sentinel facility for Ukraine marine war-on-land cover
K2 Rubicon unveils Sentinel, a $50 mn Lloyd’s-backed war-on-land facility for Ukraine, expanding cargo capacity and supporting reconstruction efforts
Africa Specialty Risks launches Lloyd’s Syndicate 2454 to expand underwriting in South Africa
Africa Specialty Risks opens Lloyd’s Syndicate 2454 to write local South African risks, deepen specialty capacity and expand on-the-ground underwriting
Pine Walk launches Carnovis MGA to expand structured reinsurance reach
Carnovis Specialty debuts next month offering structured reinsurance, XOL and quota-share solutions with a global focus spanning the US, UK and beyond
Decentralised reinsurance protocol Re unlocks $134 mn in on-chain reinsurance
Re authorises $134 mn in fully collateralised reinsurance across new and renewed programs, signalling deeper traction for its blockchain-backed model
Munich Re warns climate losses strain major economies as risks escalate
Munich Re finds rising weather-driven losses across major economies, with the US, Germany and India showing sharp jumps in climate-linked financial strain.
Radian secures $373 mn XOL reinsurance deal to scale capital protection
Radian Guaranty agrees to $373 mn excess of loss reinsurance on legacy books, extending its capital management and risk-mitigation strategy
MAPFRE RE issues €125 mn cat bond to boost European windstorm cover
MAPFRE RE prices a €125 mn catastrophe bond for European wind risk, expanding its capital markets strategy as climate-driven exposures rise
European reinsurers pivot toward steadier earnings – J.P. Morgan
J.P. Morgan sees European reinsurers using mild catastrophe losses to build reserves, temper upside, and push the sector toward more stable results
Lloyd’s Europe to introduce Reinsurance Collateral Deposit from 2026
Lloyd’s Europe plans to roll out a Reinsurance Collateral Deposit starting Jan. 1, 2026 for the 2026 Year of Account and beyond
Atrium expands teams with motor, aviation, and credit risk leadership hires
Atrium promotes Gabrielle Griffith, adds aviation underwriter Mark Connellan, and launches a new credit and political risk team led by Richard Lamb
Atrium wins Lloyd’s nod to launch property cat and climate Syndicate 2026
Atrium secures backing from trade and institutional capital as Lloyd’s clears new property cat and climate focused Syndicate 2026 for a 2026 launch
Lloyd’s probes claims of historic policy breaches as new details surface
Lloyd’s launches a formal investigation into alleged historic policy breaches after new information emerges during a governance review
SageSure earns Lloyd’s coverholder status and launches new CAT program
SageSure becomes a Lloyd’s coverholder and DCA, expanding CAT-focused homeowners capacity through Trium Syndicate 1322 across five U.S. states
L&G announces new senior appointments further strengthening its leadership team
L&G names Donna Cowell head of reinsurance for UK protection, adding seasoned actuarial expertise and strengthening its protection strategy
Australia’s Cyclone Reinsurance Pool lowers premiums but risk mitigation still lags
Australia’s cyclone pool eases premiums in high risk regions, yet insurers push for stronger resilience, data alignment and mitigation investment
RenaissanceRe lifts third party capital to $8.5 bn as investor flows surge
RenaissanceRe pushes third party capital to record $8.54 bn, driving JV growth, stronger ILS demand, and fresh balance sheet expansion across its major platforms
Private credit reshapes reinsurance as casualty risks and MGA bets surge
Private credit floods into reinsurance, driving riskier casualty moves and rapid MGA expansion as executives warn of underwriting discipline slipping
Dale and K2 secure Lloyd’s approval for new SPA Syndicate 1954 launch
Dale and K2 win Lloyd’s approval for SPA 1954, aiming for £80mn GWP in 2026 with a portfolio across Property, Specialty and Casualty
Marine war risk insurance market shifts as global tensions spike and reinsurers tighten
Willis Re says modern marine war risk is being reshaped by gray zone attacks, cyber disruption, treaty limits and volatility across global shipping lanes
RIQ and Masdar partner to build AI driven reinsurance for clean energy
RIQ and Masdar sign a three year MoU to co develop AI powered reinsurance capacity for global clean energy risks and capital efficient project growth
Volt Underwriting enters ports and terminals market with $15 mn capacity
Volt Underwriting launches a $15mn ports and terminals line backed by Tokio Marine Kiln, expanding its global energy focused MGA platform
Swiss Re reports a net income of $4 bn for the 9M 2025
Swiss Re lifts Q3 net income to $1.43bn, accelerates L/H fixes, and stays bullish on 2025 despite noisy portfolios and tougher pricing
Insurtech Policybazaar launches reinsurance across Sri Lanka, Qatar, Oman, UAE
Policybazaar expands into Sri Lanka, Qatar, Oman, and UAE with a tech-led reinsurance model built to speed placements and modernize emerging markets
Lloyd’s announces 2025 Council election ballot for working members
Lloyd’s launches a ballot for two working member seats on its Council after receiving three valid nominations for the 2025–2028 term starting February 1
Munich Re posts strong Q3 results, confirms €6 bn 2025 full-year target
Munich Re reports €1.997 bn Q3 profit and €5.176 bn nine-month result, reaffirming €6 bn 2025 target as P&C delivers record margins and low loss ratios
Berkshire Hathaway Q3 underwriting profit triples to $3.16 bn
Berkshire Hathaway’s Q3 pretax underwriting earnings tripled to $3.16 bn, led by reinsurance and primary gains despite weaker Geico results
Willis appointed of three senior hires to its Direct and Facultative team in the UK
Willis, a WTW business, announced the appointment of three senior hires to its Direct and Facultative team in Great Britain
Fidelis Partnership launches Lloyd’s Syndicate 2126 with $300 mn capacity
Fidelis Partnership and Blackstone launch Lloyd’s Syndicate 2126 with $300 mn capacity, boosting TFP’s underwriting growth and London market presence
Pacific Life Re enters Japan with first asset-intensive reinsurance deals
Pacific Life Re completes its first asset-intensive flow reinsurance transactions in Japan, expanding its footprint and deepening ties with local life insurers
Munich Re to close venture arm, shift investments under MEAG unit
Munich Re will close its venture capital arm and move startup investments to asset manager MEAG as it centralizes innovation within core business units
Starr to acquire IQUW Group to expand underwriting reach at Lloyd’s
Starr agrees to acquire IQUW Group, boosting its position at Lloyd’s and expanding underwriting capacity across specialty, property, and motor markets
Fitch sees top global reinsurers sustaining strong P&C results in 2025
Fitch sees top global reinsurers sustaining strong P&C results, but pricing pressure looms as 2026 renewals approach and profitability questions mount
European reinsurers over-capitalised ahead of 1/1 renewals, pressure builds
European reinsurers walk into the 1/1 reinsurance renewal season with capital levels stacked way above their own targets
Lloyd’s kicked off 2025 reinsurance capacity auctions with a bang
Lloyd’s of London kicked off its 2025 reinsurance capacity auctions with a bang. Trading in the first of three auctions hit £86 mn
Fitch revises 2026 global reinsurance outlook to deteriorating amid competition
Fitch cuts global reinsurance outlook to deteriorating for 2026, citing weaker pricing, higher catastrophe losses, and persistent social inflation pressures
Munich Re outlines Europe’s Nat Cat and cyber exposures, rising reinsurance demand
Munich Re outlines Europe’s Nat Cat and cyber exposures, rising reinsurance demand, and the need for differentiated approaches in complex global programs
OneAdvent expands financial lines MGA with new Lloyd’s capacity deal
OneAdvent secures Lloyd’s capacity for its financial lines MGA, plans EU and emerging market expansion; Alta Signa appoints France country manager
Beat Capital launches 1889 Specialty MGA for U.S. financial institutions
Beat Capital Partners unveils 1889 Specialty Insurance, a new MGA offering management liability and professional lines for U.S. financial institutions
Reinsurance market holds steady with $650 bn capital as rates soften
Marsh McLennan reports reinsurance resilience despite losses and volatility, with $650bn capital projected for 2025 and rate declines across global markets
Symetra Life Insurance closes Dearborn life & disability reinsurance deal, $1.1 bn portfolio
Symetra Life acquires Dearborn’s life and disability business via reinsurance, adding 2.5mn lives and a $1.1bn premium portfolio
J.P. Morgan warns of deeper reinsurance price cuts for Jan 2026 renewals
J.P. Morgan expects sharp reinsurance price drops at Jan 2026 renewals despite strong Q3 2025 results, citing structural weakness in the sector
Munich Re Specialty wins German approval, expands European and UK specialty push
Munich Re Specialty gains approval for German specialty market entry, adds surety to product lines, expands from UK, Ireland, and Spain operations
Reinsurance market faces medium-term softening despite climate change risks
Morningstar says climate change fuels long-term demand, but overcapacity and softening cycles dominate the medium-term reinsurance outlook
Munich Re backs Maldives’ first epidemic and pandemic insurance policy
Munich Re, with local and regional partners, launches a $5m epidemic and pandemic cover for the Maldives’ tourism industry to boost resilience
Lloyd’s faces pricing pressure, higher entry standards, and $500m scale needs
TD Cowen’s London field trip highlights Lloyd’s pricing strain, stricter syndicate entry, MGA caution, and rising capital thresholds for scale.
Oka Syndicate expands carbon insurance operations into Singapore’s climate market
Carbon insurer Oka opens in Singapore with Lloyd’s approval, aiming to back carbon trading, green finance, and transition projects across Southeast Asia
Bank of England tightens stance on funded reinsurance amid booming UK annuity market
The BoE signals tougher oversight of funded reinsurance and offshore financing, citing systemic risk and capital arbitrage in life insurers’ annuity deals
Acrisure London Wholesale forms broking partnership with Israel’s Madanes
Acrisure London Wholesale partners with Madanes, Israel’s largest broker, to provide Lloyd’s and London market access for complex placements
Atlantic hurricane season reliably drags reinsurer and London Market insurer stocks lower
Autonomous finds hurricanes rarely dent reinsurer stocks long term—pricing cycles, diversification, and discipline matter far more than storm counts
Re/Insurance brokers push reinsurers to ease terms, but strong capital keep profitability
Berenberg says brokers push reinsurers to ease terms, but strong capital and volume growth keep profitability above cost of capital despite margin squeeze
JP Morgan: quiet hurricane season could lift reinsurer earnings by 13%
JP Morgan says a benign Atlantic hurricane season may boost reinsurer profits up to 13% in 2025, despite softening property catastrophe rates
Canopius entered into a strategic partnership with insurtech Kalepa
Canopius has entered into a strategic partnership with Kalepa, an underwriting technology company, to supercharge its U.S. operations
Third Point completes Malibu Life Re acquisition, targets $5 bn premiums by 2027
Third Point Investors finalizes Malibu Life Re deal, issues new shares, and sets sights on $5bn annual premiums with strong U.S. annuity market tailwinds
Discover how a secondary reinsurance market could improve capital efficiency, lower WACC, boost underwriting flexibility and support more efficient pricing
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
Global reinsurance pricing fell more than expected at Jan. 1, 2026 renewals, with abundant capital, weak catastrophe support, and easing terms
Reinsurance rates in several lines softened quicker than anyone expected this year, especially in casualty and cyber, yet trading conditions across the Lloyd’s market still look reasonably favorable