Tag: Reinsurance

Oneglobal Acquires Bermuda-Based Life and Annuity Services to Expand Offerings

Oneglobal Broking acquires Bermuda-based Life and Annuity Services to enhance its life insurance and annuity planning capabilities, expanding offerings for corporate and individual clients.

SiriusPoint Sells Bermuda-Based MGA Arcadian to Lee Equity Partners for $139M

SiriusPoint sells its stake in Bermuda-based MGA Arcadian to Lee Equity Partners for $139 million, signaling strategic asset optimization in reinsurance and property/casualty sectors.

Global Indemnity's Penn-America Launches New Reinsurance MGA

Global Indemnity Group expands reinsurance capabilities with new MGA led by seasoned executive George Dragonetti, enhancing underwriting and growth.

Resolution Life Names Jeff Davies CFO to Drive Strategic Financial Growth

Resolution Life appoints Jeff Davies as CFO to lead financial strategy and support growth amid integration with Nippon Life Group. Jonathan Moss shifts to CTO role overseeing underwriting.

Florida Tort Reform Revitalizes Property Insurance Market, Reports Gallagher Re

Gallagher Re's report details how 2022-23 Florida tort reforms have improved property insurance market stability by reducing litigation costs and enhancing insurer profitability.

Heritage Insurance Shares Surge on Strong Underwriting, Reinsurance Strategy

Heritage Insurance stock rises 11.7% on strong underwriting discipline and enhanced reinsurance program, positioning for growth in property and casualty insurance market.

AM Best Affirms 'A' Financial Strength Ratings for Ally Insurance Group

AM Best affirms stable 'A' ratings for Ally Insurance Group, highlighting strong capitalization and adequate operating results amid auto-sector challenges.

Marco Capital Acquires Benteler Reinsurance to Expand P&C Run-Off Portfolio

Marco Capital expands its European P&C run-off insurance portfolio with the acquisition of Benteler Reinsurance Company DAC, enhancing its strategy to rationalize non-core insurance entities.

Swiss Re Highlights Nuclear Energy Growth and Rising Civil Unrest Risks at RVS 2025

Swiss Re spotlights nuclear energy expansion and escalating civil unrest risks at RVS 2025, underscoring reinsurance's role in managing geopolitical volatility and emerging underwriting challenges.

NAIC Summer 2025 Meeting Advances Reinsurance, Investment, AI Oversight

Summary of NAIC Summer 2025 Meeting covering life reinsurance asset adequacy testing, offshore reinsurance risks, funding-agreement-backed programs, AI regulatory frameworks, and updates on insurance investment monitoring and accounting.