All Posts

DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements

Carrier Management

DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements President Donald Trump's administration abandon...

Posted: Sep 10, 2025

Swiss Re, Munich Re and Hannover Re Top List of 40 Largest Reinsurers in 2025: S&P

Carrier Management

Swiss Re, Munich Re and Hannover Re Top List of 40 Largest Reinsurers in 2025: S&P Swiss Re tops the...

Posted: Sep 10, 2025

Bankruptcy Judge Rules Church Insurers Lack Standing to Contest Abuse Claims

Insurance Journal

Insurers that have not indicated they will pay claims from sexual abuse survivors currently have no standing to contest certain claims as they are being considered, a federal bankruptcy judge recently ruled in a case involving the Roman Catholic Dioc...

Posted: Sep 10, 2025

Kettle adds Kaarre as SVP of Underwriting, strengthening wildfire insurance solutions

Reinsurance News

Kettle, an AI-enabled re/insurer for commercial property owners in areas affected by catastrophic climate events, has appointed Chris Kaarre as Senior Vice President (SVP) of Underwriting. Kaarre has extensive experience in the insurance industry,...

Posted: Sep 10, 2025

Amazon’s Zoox to Launch Robotaxi Rides to Public in Las Vegas

Insurance Journal

Amazon.com Inc.’s autonomous driving unit Zoox has started offering rides to the public in Las Vegas, marking a first in the U.S. for a purpose-built robotaxi with no driver controls. Starting Wednesday, Zoox will offer trips in and around the...

Posted: Sep 10, 2025

WSIA Preview: Liberty Mutual’s Erin Strub Halchak

Risk & Insurance

Cyber attacks continue with no sign of letting up in sight. Insureds, their brokers and carriers, need to collaborate to avoid heavy losses. The post WS...

Posted: Sep 10, 2025

Competition to Drive ‘Deteriorating’ Reinsurance Market, More M&A in 2026

Insurance Journal

Pricing and returns in the reinsurance market are expected to gradually come off recent highs, with the market facing moderately weaker, but still sound, operational and business conditions in 2026. Abundant capacity and rising competition across mos...

Posted: Sep 10, 2025

Viewpoint: Competition to Drive ‘Deteriorating’ Reinsurance Market, More M&A in 2026

Insurance Journal

Pricing and returns in the reinsurance market are expected to gradually come off recent highs, with the market facing moderately weaker, but still sound, operational and business conditions in 2026. Abundant capacity and rising competition across mos...

Posted: Sep 10, 2025

MAPFRE RE’s Bueso signals stability for Jan renewals, reinforces long-term approach

Reinsurance News

Speaking at the Monte Carlo Rendez-Vous de Septembre, Carmen Bueso, CUO Non-Life at MAPFRE RE, said the firm does not anticipate major changes at the 1/1 2026 renewals, maintaining its client-focused approach underpinned by strong technical discip...

Posted: Sep 10, 2025

Report: Ransomware Attackers ‘More Systematic,’ Claims Become Costlier

Insurance Journal

A portfolio claims analysis shared by Resilience, a cyber risk solutions company, showed the year-over-year average cost of individual ransomware attacks rose by 17% in the first half of 2025. The new report found that successful attacks are becoming...

Posted: Sep 10, 2025

Tokio Marine Kiln strengthens APAC Special Risks with appointment of Phoebe Liew

Reinsurance News

Tokio Marine Kiln (TMK), a specialist insurer, has named Phoebe Liew as Special Risks Underwriter with a focus on Credit and Political Risk. Based in Singapore, she steps into the role immediately and will report to Cindy Gunawan, Head of Special...

Posted: Sep 10, 2025

Apollo expands third-party platform with strategic partnerships and captive syndicates: RVS 2025

Reinsurance News

London headquartered insurance platform Apollo is expanding its presence in the re/insurance sector, with Director of Strategic Partner Syndicates Andy Gray and Chief Engagement Officer and Head of New Business Development, Matt Newman, sharing in...

Posted: Sep 10, 2025

SageSure enters agreement to acquire Gemini Financial and subsidiaries

Reinsurance News

SageSure has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company. The transaction is expected to close in the first quarter of 2026,...

Posted: Sep 10, 2025

Cyber insurance prices decline as competition grows and demand softens, says Munich Re

Reinsurance News

Munich Re, the reinsurance company, reports that growth in cyber insurance premiums is slowing, as heightened competition and a moderate decline in demand put downward pressure on prices. Global cyber insurance premiums reached nearly $15 billion...

Posted: Sep 10, 2025

AM Best reports strong underwriting results for US-Bermuda reinsurers amid market shifts

Reinsurance News

According to AM Best, a composite of seven reinsurance groups domiciled in the US and Bermuda—where reinsurance constitutes the majority of their underwriting portfolios—continued to demonstrate favourable performance in 2024. The seven companies...

Posted: Sep 10, 2025

Chedid Re appoints Claude Kassab as Head of Asia-Pacific

Reinsurance News

Chedid Re, an independent reinsurance broker and part of Chedid Capital, has announced the appointment of Claude Kassab as Head of Asia-Pacific (APAC). In this role, he will be responsible for managing both facultative and treaty operations across...

Posted: Sep 10, 2025

How Underwriting and Claims Are Reshaped by AI in Insurance — and How They Stay the Same 

Risk & Insurance

The use of artificial intelligence in insurance continues to grow. Here’s how the industry is using AI to optimize and augment its processes while keeping people at the center of the equation.   The post

Posted: Sep 10, 2025

Willis Launches Global Risk Engineering Team to Enhance Specialized Capabilities

Insurance Journal

Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis said it is enh...

Posted: Sep 10, 2025

McGill and Partners reports record results, secures new credit facilities of $300m

Reinsurance News

McGill and Partners has reported organic revenue growth of more than 20% in H1 2025 and a significant increase of 79% in adjusted EBITDA, against H1 2024. Alongside the announcement of these record results, McGill and Partners revealed it has also...

Posted: Sep 10, 2025

Markets/Coverages: IQUW Re Bermuda Adds Mortgage, Credit, Cyber to Product Suite

Insurance Journal

IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its portfolio. This continued product expansion comes at a time of significant develo...

Posted: Sep 10, 2025

Marco Capital acquires captive reinsurer Benteler Re

Reinsurance News

European property and casualty (P&C) insurance run-off group Marco Capital has acquired Benteler Reinsurance Company DAC in an undisclosed transaction. Incorporated in January 2003, Benteler Re is a captive reinsurance company wholly owned by...

Posted: Sep 10, 2025

Reserve buffers from 2023–24 pricing still driving reinsurer profits: Berenberg

Reinsurance News

While higher volumes, stronger investment income and diversification are helping offset the impact of softening prices, analysts at Berenberg believe another key driver of rising reported profits is reinsurers’ allocation of part of their strong u...

Posted: Sep 10, 2025

Insurance Firm Definity Financial Readies C$1 Billion Debt Sale

Insurance Journal

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in …

Posted: Sep 10, 2025

Mark Pepper: Ascot will prioritise client selection and cat retentions in 2026 renewals

Reinsurance News

In a recent Reinsurance News interview at the Monte Carlo Rendez-Vous conference, Mark Pepper, Group Chief Underwriting Officer at Ascot, the specialty re/insurance group, shared his perspective on the upcoming January 1 renewals. As Pepper explai...

Posted: Sep 10, 2025

Aviation insurance market adjusts to rising losses: Guy Carpenter

Reinsurance News

Guy Carpenter, a risk and reinsurance advisory firm, reports in its Global Specialties Market Update that aviation insurance is shifting due to major airline losses and rising smaller-scale claims. In the United States, the general aviation sector...

Posted: Sep 10, 2025

Innovations and evolution main topics for PwC at RVS ‘25

Reinsurance News

At this year’s RVS in Monte Carlo, the conversations have gone beyond the topic of rates and pricing, shifting to the broader evolution of the industry itself, Jim Bichard, Global Insurance Leader at PwC, stated in an interview with Reinsura...

Posted: Sep 10, 2025

JBA Risk Management launches new India crop catastrophe model

Reinsurance News

UK-domiciled flood science specialist JBA Risk Management has launched an updated version of its probabilistic India crop catastrophe model for insurers and reinsurers, incorporating enhanced market data, crops, seasons, and districts to provide b...

Posted: Sep 10, 2025

Santam names Rob Vetch as CEO & CFO of Syndicate 1918

Reinsurance News

South African general insurer Santam has appointed Rob Vetch as Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of Santam Syndicate 1918. The insurer has appointed a senior executive team to help lead Santam Syndicate 1918, followi...

Posted: Sep 10, 2025

Frequent Smaller Events Drive $152 Billion in Annual Catastrophe Losses Globally

Risk & Insurance

Severe thunderstorms and other recurring perils now account for two-thirds of global insured property losses, Verisk reports. The post

Posted: Sep 10, 2025

RAA meets FEMA Review Council to propose reforms for national flood insurance programme

Reinsurance News

In early 2025, President Trump established the FEMA Review Council to propose reforms aimed at improving the nation’s emergency management and disaster response systems. The Reinsurance Association of America (RAA), a trade association representin...

Posted: Sep 10, 2025

Chinese Hackers Impersonated Republican Lawmaker, Panel Says

Insurance Journal

Suspected cyber attackers linked to the Chinese Communist Party impersonated the Republican chair of the House Select Committee on China in a series of attempts to steal sensitive data on trade negotiations, the panel said. Hackers masquerading as Re...

Posted: Sep 10, 2025

Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera

Insurance Journal

Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigato...

Posted: Sep 10, 2025

Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

Insurance Journal

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples ar...

Posted: Sep 10, 2025

Insurance Agent Next After Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme?

Insurance Journal

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples ar...

Posted: Sep 10, 2025

Alex Jones Takes $1 Billion Sandy Hook Judgment to Supreme Court

Insurance Journal

Right-wing conspiracy theorist Alex Jones is asking the US Supreme Court to review a Connecticut court’s nearly $1.4 billion judgment against him and Infowars stemming from his false claims that the Sandy Hook Elementary School massacre was a h...

Posted: Sep 10, 2025

Ben Webster named Associate Director at The Centre for Disaster Protection

Reinsurance News

The Centre for Disaster Protection, an organisation dedicated to helping countries better prepare for and finance responses to disasters, has announced the appointment of Ben Webster as Associate Director, effective 8 September 2025. Webster joins...

Posted: Sep 10, 2025

Employers Have Used E-Verify for Years. ICE’s Arrest of Maine Officer Raises New Questions

Insurance Journal

The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can...

Posted: Sep 10, 2025

E-Verify Has Been Used for Years but ICE Arrest of Maine Officer Raises Questions

Insurance Journal

The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can...

Posted: Sep 10, 2025

EU Opens Talks on Carbon Credits to Win Deal on Key Climate Goal

Insurance Journal

European Union nations will discuss potential changes to the role of imported carbon credits in the next decade in a drive for a rapid deal on the bloc’s landmark 2040 climate goal. Denmark, which holds the EU’s rotating presidency, signa...

Posted: Sep 09, 2025

Mexico Seeks to Impose Tariffs on Auto, Manufacturing Imports

Insurance Journal

Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion...

Posted: Sep 09, 2025

CLARA Analytics Launches Intelligence-as-a-Service for Insurers

IIR

CLARA Analytics has introduced a configurable analytics solution that provides claims executives with benchmarking tools powered by the industry’s largest bodily injury dataset.

Posted: Sep 09, 2025