The Cayman Islands Monetary Authority (CIMA) approved 21 new international insurer licenses in the first half of 2025, reflecting continued growth in the commercial insurance, reinsurance
Global credit insurer Atradius announces that Lloyd’s has granted ‘in principle’ approval for the new Atradius Syndicate 1864, targeting 1st January 2026
North American life reinsurance grew significantly in 2024, driven by expanding partnerships between insurers and alternative investment managers
Reinsurer Munich Re reported a preliminary net profit of €2.1 bn for Q2 2025 and a net result of approximately €3.2 bn for H1 2025
California Democrat Sen. Adam Schiff introduced legislation to establish a federal catastrophic reinsurance program intended to stabilize state property insurance markets and reduce premiums
Ethena Labs, an established Ethereum-based synthetic dollar protocol, announced an exclusive collaboration with Re, a blockchain-based reinsurer that allows consumers to stake tokens
Trade credit insurer Coface SA announced it received in-principle approval from Lloyd’s to establish a new short-term trade credit syndicate, which will be managed by Apollo Syndicate
The London market re/insurer MS Amlin calls for an overhaul of pricing and resilience measures as climate risks increase
Atrium Underwriting Group announced it has entered into an agreement to be acquired by independent brokerage and underwriting specialty insurance distributor CRC Insurance Group
Aon reported that conditions in the U.S. property catastrophe reinsurance market continued to favor buyers at the mid-year renewals.
Gallagher Re’s 1st View mid-year renewal report highlighted that recent legislative reforms in Florida encouraged reinsurers to write more broadly at mid-year renewals
Fortitude Re completed a reinsurance transaction through its subsidiary, Fortitude Reinsurance Company (FRL), with Unum Life Insurance Company of America
Global reinsurer Ariel Re sponsored its 5th catastrophe bond, Titania Re 2025-1, securing $150 mn of multi-peril retrocessional reinsurance protection over four years
MetLife and General Atlantic announced in December the creation of Chariot Re, a Bermuda-based reinsurer that initially reinsures approximately $10 bn of annuities
Lloyd’s Chair, Sir Charles Roxburgh, issued a statement welcoming the removal of Section 899 from the reconciliation bill by the U.S. Treasury and Congress
Coalition, the first Active Insurance provider focused on digital risk prevention, has launched the Helios platform through its reinsurance arm, Coalition Re
Florida Citizens Property Insurance Corporation has finalized its 2025 risk transfer programme, securing $4.49bn in total coverage, with insurance-linked securities
Morningstar DBRS has warned that insurers with strong reinsurance protection, conservative investment portfolios, and active enterprise risk management (ERM) frameworks
Kin Insurance has completed its reinsurance placements for the term covering June 1, 2025, through May 31, 2026, for the reciprocal exchanges
Marsh has introduced a €1bn insurance facility named Nimbus to support clients involved in large-scale data center construction projects in the UK and Europe
Tokenization of real-world assets, particularly reinsurance contracts, offers an opportunity to expand capital sources in the insurance sector
Samsung Fire & Marine Insurance (SFMI) has agreed to invest an additional $570 mn in London-based Lloyd’s underwriter Canopius, acquiring a further 21% equity stake
The NAIC Life Actuarial Task Force has endorsed disclosure-only asset adequacy testing guidelines for reinsurance
Start Network, a coalition of over 50 humanitarian organisations, and Aon, a global re/insurance broker, have launched a new reinsurance mechanism
Patrick Tiernan, newly appointed CEO of Lloyd’s, outlined his vision for the marketplace by stating that the organisation must prioritise sustainable profitability
Peak Reinsurance has established Peak Reinsurance North America, a new subsidiary based in Bermuda. The company will focus on casualty reinsurance
Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses
With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector
Lloyd’s announced that Rebekah Clement will leave her role as corporate affairs director to take on a new opportunity outside the organization
Hannover Re reported a group net income of €480 mn for Q1 2025, down 13.9%, driven by large losses in its property and casualty reinsurance segment
Munich Re reported a net result of €1.1 bn for the first quarter of 2025, maintaining its full-year profit guidance of €6 bn despite incurring around €1.1 bn in losses
Monument Re Ltd. has transferred a €1.4 bn legacy reinsurance portfolio to RGA Americas Reinsurance, following regulatory and board approvals
Institutional investor IHC announced the launch of a new artificial intelligence-based reinsurance platform, headquartered in the Abu Dhabi Global Market
The Council of Lloyd’s has appointed Patrick Tiernan as the next chief executive officer, effective June 1, pending regulatory approval
Aon, a global professional services firm, named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions
The Texas Windstorm Insurance Association (TWIA) board approved a $500 mn line of credit at its final meeting before the start of the 2025 hurricane season
Swiss Re warned that insured losses could exceed $300bn in a peak year, underscoring the essential role of the reinsurance sector, which holds $500bn in capital
Industry groups are opposing House Bill 672 in the Louisiana House of Representatives, which proposes a state-run catastrophe reinsurance fund backed by state-issued bonds
Aegis, a Lloyd’s underwriter, announced it has increased the capacity of its Shield terrorism risk program to $500 mn from $250 mn
Swiss Re announced that Bernhard Kaufmann will succeed Patrick Raaflaub as Group Chief Risk Officer as of 1 October 2025
In 2024, Lloyd’s delivered strong returns to investors, with overall market profits just below the previous year’s record high
Swiss Re’s shareholders approved all motions put forward by the Board of Directors at today’s Annual General Meeting
Pool Re, the UK terrorism reinsurance provider, completed its third catastrophe bond placement—Baltic PCC Limited (Series 2025-1)
The European Commission approved a €1.5 bn reinsurance scheme to cover war-related transport risks in Ukraine. Poland backs the scheme, which supports insurance
Swiss Re will begin co-managing GAM Investments’ $3bn insurance-linked securities (ILS) funds, including the GAM Star Cat Bond UCITS Fund
U.S. life insurers have recently transferred long-term care (LTC) insurance reserves to reinsurers to lower risk and reduce exposure
Hannover Re reported a strong financial performance in 2024, increasing its Group net income and proposing a 25% higher total dividend
Kin Interinsurance Network, managed by digital home insurtech Kin, has closed a $300mn catastrophe bond deal through Hestia Re
Hannover Re, an Europe’s top reinsurers, has secured $20 mn of retrocessional protection for losses from sustained cloud outages
The next phase of Blueprint Two, an electronic platform developed by Lloyd’s and Velonetic, will be delayed beyond 2025
Lloyd’s underwriter Chaucer Group announced an international direct and facultative property “Smart” consortium using InsurX’s exchange technology
NAIC Life Actuarial Task Force is developing new rules to assess the accuracy of offshore reinsurance agreements
Lloyd’s Syndicate 1699 reported a larger loss in 2024 after exiting directors and officers (D&O) and transactional liability business due to market softening
Lloyd’s of London announces its full year 2024 financial result. 2024 saw the continuation of positive returns, with profit before tax of £9.6bn
Swiss Re published its Annual Report 2024, Sustainability Report 2024 and the invitation for the upcoming Annual General Meeting of shareholders
EU insurance markets could gain from a proposed public-private reinsurance scheme for climate-related losses
After a mixed pricing environment at the January 1, 2025, reinsurance renewals, Moody’s analysts expect property catastrophe reinsurance pricing to stabilize
Flood Re has secured £140 mn in retrocession reinsurance coverage with its first catastrophe bond, Vision 2039 – Series 2025-1
Re/insurance executives remain cautiously optimistic about 2025, though expectations vary between property catastrophe and casualty lines
Lloyd’s provides a trading update for its 2024 Full Year (FY24) financial performance. The full results will be released on 20 March 2025
