QBE Insurance Group has successfully completed a US$400 million catastrophe bond issuance, reinforcing its global risk management and capital strategies. The bond has been issued under the Group’s “Bridge Street Re” programme, offering fully collateralised reinsurance protection. By diversifying sources of risk transfer, this latest transaction enhances QBE’s ability to absorb losses from major natural […]

Ahead of the January 1, 2026 renewals, London’s reinsurance market is exhibiting a notable softening across multiple business lines, with premium rates declining significantly. According to a recent report by Guy Carpenter, this trend is being driven by expanded capital, historically low catastrophe losses, and sustained high returns for reinsurers. The report characterises the current […]

The Insurance Development and Regulatory Authority (Idra) has introduced significant amendments to the regulations governing the appointment of Chief Executive Officers (CEOs) in the country’s insurance sector, aiming to address a long-standing leadership crisis. According to Idra, many insurance companies currently face vacancies at the CEO level due to a shortage of qualified candidates. While […]