INSURASALES

Tag: Reinsurance

AM Best: Rising Individual Annuity Surrenders Impact Profitability

AM Best report reveals a 27% drop in individual annuity profitability driven by rising surrenders and increased offshore reinsurance by private equity-owned insurers, influencing transparency and risk in 2024.

Sixth Street Completes $5.1B Acquisition of Enstar Group

Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.

Bermuda Leads as Primary Offshore Reinsurance Hub for US Life/Annuity

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.

Aon Reports Record Global Reinsurance Capacity and Buyer-Friendly Midyear 2025 Market Conditions

Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.

mea Platform and ACORD Integrate to Automate Insurance Underwriting and Data Exchange

mea Platform and ACORD Solutions Group partner to integrate AI-driven data extraction with ADEPT, automating insurance underwriting, policy administration, and claims processing.

MillerLaunches MillerBoost: Advanced Algorithmic Placement Facility for Property Re/Insurance

Miller introduces MillerBoost, a data-driven smart-follow facility leveraging algorithmic capacity and InsurX technology to accelerate placement in property re/insurance, enhancing Lloyd's market access and service speed.

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Kingstone Boosts Catastrophe Reinsurance Limit by 57% for 2025/2026

Kingstone Companies increases 2025/2026 catastrophe reinsurance limit by 57%, incorporating a $125 million cat bond under Rule 144A, optimizing coverage cost and supporting growth.

Kingstone Boosts Catastrophe Reinsurance Coverage by 57% for 2025-2026

Kingstone Companies increases catastrophe reinsurance limit by 57% to $440M for 2025-2026, enhancing risk management and expected EPS.

Kingstone Increases Catastrophe Reinsurance Limit by 57% for 2025-2026

Kingstone Companies finalizes 2025-2026 catastrophe reinsurance program, raising limits by 57% and lowering costs, enhancing risk coverage and financial performance.