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Reinsurance News

  • US P&C industry set for lowest net combined ratio in over a decade: Triple-I/Milliman
    The US property & casualty (P&C) insurance industry is forecast to have its lowest net combined ratio (NCR) in over a decade for the full year 2025, despite the devastating California wildfires in Q1’25, supported by an Atlantic hurricane season that did not make landfall in the US. The findings are based on Insurance Economics […]
    Beth Musselwhite
  • RLI trims cat reinsurance by $150m at Jan renewal in ‘buyer’s market’
    RLI Insurance Company reduced its catastrophe reinsurance limit by $150 million for 2026 at the January renewals, citing lower exposure and continued soft conditions, which it described as a “buyer’s market” for property. Jen Klobnak, Chief Operating Officer of RLI Corp., said the firm renewed roughly two-thirds of its annual reinsurance spend at January 1, […]
    Kane Wells
  • Michelle Li takes on CFO role at Hamilton Global Specialty
    Hamilton Insurance Group, Ltd., an international specialty insurance and reinsurance group, has announced the appointment of Michelle Li as Chief Financial Officer (CFO) of Hamilton Global Specialty, its underwriting platform headquartered in London. In her new role, Li will be located in London and will work in close partnership with Alex Baker, Chief Executive Officer […]
    Taylor Mixides
  • Skyward expands Specialty Life Sciences unit powered by Apollo
    Skyward Group has expanded Skyward Specialty’s Life Sciences insurance solution by leveraging Apollo’s Lloyd’s Syndicate 1969, to offer enhanced multinational placements for US-domiciled life sciences companies with international operations. Skyward Group is the unified specialty insurance organisation whose operating businesses include Skyward Specialty Insurance Group, Inc., a property and casualty specialist insurer, and Lloyd’s specialist […]
    Saumya Jain