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Reinsurance News

  • U.S. MGA premiums grow 16% in ‘24 driven by migrating talent, AI adoption & other factors: Conning
    The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty market, with direct premiums written rising 16% year-over-year to an estimated $114.1 billion, a recent Conning study has revealed. Conning’s latest strategic study, “Managing General Agents: Built for What’s Next,” highlights several market dynamics that have benefited the MGA sector. These include […]
    Kassandra Jimenez-Sanchez
  • Castle Harbour Insurance launches transactional risk insurance brokerage
    Castle Harbour Insurance, a provider of specialty insurance services, has launched a transactional risk insurance brokerage focused on addressing complex deal-related risks. The new offering is designed to assist clients with structured solutions in areas such as tax insurance, representations and warranties insurance, litigation insurance, and contingent risk insurance. The New York City-headquartered firm is […]
    Saumya Jain
  • SageSure and Auros close $100m cat bond with strong investor support
    SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, along with its carrier partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange, has closed the Gateway Re Series 2025-3 catastrophe bond at $100 million. Including this latest issuance, the SageSure-supported Gateway Re series now exceeds $2.1 billion in cumulative notional limit, securing SageSure’s position […]
    Beth Musselwhite
  • Flexible insurance key to navigating geopolitical and transport risks in Middle East: Aon
    Businesses operating in the Middle East face a critical time, as rapidly evolving geopolitical and economic dynamics in the region demand an urgent evaluation of their risk strategies, Aon analysts have stated in a recent report. Businesses must therefore be prepared for rapid and extreme scenarios, which they can achieve through flexible insurance operational oversight […]
    Kassandra Jimenez-Sanchez