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AM Best, the credit rating agency and provider of insurance industry data and analysis, has reported that a group of leading US and Bermuda reinsurers remained underwriting profitable for a fifth consecutive year in 2025, despite a significant slowdown in premium growth. The findings are contained in AM Best’s latest Best’s Market Segment Report, US…
Zurich-domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, has appointed Julien Mollinier as Chief Underwriting Officer (CUO), Global Speciality Lines. Simultaneously, the firm has promoted Joscelin Burrer as Head of Financial Risks, and appointed Pius Leupi as Lead Underwriter, Financial Risks. Mollinier’s appointment is effective early 2027, and will be based…
Peak Re, a global reinsurance company providing risk solutions and services to insurance and financial services clients, has appointed Sanjiv Agarwal as Head of Operations as the company continues to implement its growth and transformation strategy, which took effect on 1 September 2026. Agarwal joins Peak Re with nearly 30 years of experience across operations,…
Zurich-domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, has appointed Julien Mollinier as Chief Underwriting Officer (CUO), Global Speciality Lines. Simultaneously, the firm has promoted Joscelin Burrer as Head of Financial Risks, and appointed Pius Leupi as Lead Underwriter, Financial Risks. Mollinier’s appointment is effective early 2027, and will be based…
Reinsurance terms and conditions (T&Cs) are likely to hold heading to January 1, 2027, renewals, Moody’s analysts commented following the release of their Sector In-Depth and Outlook reports. Underwriting discipline has remained stable in 2026, even as reinsurers continue to grow their exposure to natural catastrophe risk. Since tightening policy terms and raising treaty attachment…
Chariot Re, the Bermuda-based Class E life and annuity reinsurer co-sponsored by MetLife and General Atlantic, has closed an oversubscribed third capital raise of approximately $700 million in equity and debt financing, with backing from Chubb and other institutional investors. Both MetLife and General Atlantic, who serve as Chariot Re’s exclusive asset managers, participated in…
Despite expectations that reinsurance pricing will soften further in 2027 amid ample capacity from both traditional reinsurers and alternative capital providers, S&P maintains a stable outlook for the global reinsurance sector, with “strong fundamentals” expected to offset increasingly challenging near-term market conditions. According to S&P’s latest report, rating trends support its stable sector view. The…
Bermuda’s global reinsurance market recorded its highest level of gross premiums and revenues in 2025, according to new figures from the Association of Bermuda Insurers and Reinsurers (ABIR), the industry association representing Bermuda’s leading insurance and reinsurance companies. ABIR’s 2025 Global Underwriting Report found that participating members generated $197.5 billion in gross premiums and revenues…
Global insurer American International Group (AIG) has confirmed that Peter Zaffino will step down as Executive Chair and a member of the Board of Directors on September 15th, 2026, with John Rice taking over as Chair of the AIG Board on the same date. Zaffino transitioned from President and CEO to Executive Chair of AIG…
Reinsurers are becoming increasingly selective about the MGA programmes they support, with underwriting profitability, data quality, governance, and the strength of the carrier relationship emerging as key differentiators, according to Accredited’s Head of Reinsurance UK and Europe, Jon Wood, and Head of Business Development, Marco Hensemberger. As the program market has matured, the pair said…