MassMutual Reinsures $16 Billion Universal Life Block With Nationwide
MassMutual and Nationwide announced a $16 billion fixed universal life reinsurance agreement covering 30,000+ policyholders, with Q2 2026 closing expected and Barings retained as…
Player Type
Insurers
MNRB Berhad’s RM400M Labuan Re Acquisition Anchors Its Top-5 Asia Reinsurance Push
MNRB Berhad's RM400.49M proposal to fully acquire Labuan Re targets a top-five Asia reinsurer ranking, leveraging Labuan IBFC's offshore platform for international specialty and…
Brazil’s New Insurance Law Forces Operational Overhaul for Carriers and Brokers
Law 15,040/2024 took effect December 11, 2025, reshaping claims deadlines, distribution rules, and reinsurance governance across Brazil's US$132 billion insurance market.
Fitch Flags Mexico as LATAM’s Only ‘Deteriorating’ Insurance Market in 2026
Fitch's 2026 LATAM outlook singles out Mexico as the region's only "deteriorating" insurance market: the January 2026 VAT credit elimination pushes combined ratios above…
Convex Gets Lloyd’s Approval for Syndicate 1987, Targeting Long-Tail Lines
Convex Group's Lloyd's in-principle approval for Syndicate 1987 on May 28 targets casualty, political risk, and trade credit for a July 1 launch —…
South Korea’s Life Insurance Profit Surges 40% as Non-Life Falls 12% in Q1 2026
South Korea Q1 2026 FSS data: life insurance net profit surged 40.6% to ₩2.37 trillion on IFRS 17 CSM mechanics, while non-life fell 12.3%…
TSR Revises 2026 Hurricane Forecast Down 50%, Triggering Mid-Year Cat Rate Cuts
TSR's May 28 revision to 11 named storms and ACE index 55 — 40% below climatology — is compressing mid-year 2026 cat reinsurance pricing…
Zurich Scales Cytora AI to 5 Countries in 90 Days, Eyes 20-Market Rollout
Zurich Cytora AI underwriting achieves 95% STP rate and 15-minute triage across 5 countries in 90 days — closing the speed gap with digital…
State Farm’s $1.5B Merna Re Cat Bond Benchmarks Aggregate ILS Protection
State Farm cat bond aggregate protection: $1.5B Merna Re 2026-1 raises total ILS capital to $4.5B — Class A at 6.25%, Class B at…
Galapagos Capital’s R$126M LRS Sets New Benchmark for Brazil’s ILS Regime
Brazil ILS Galapagos Capital R$126M milestone: the fourth LRS issuance under Brazil's domestic ILS regime and the first with institutional syndication marks the maturation…