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The value of underwriting will increase, says Swiss Re’s Haegeli & Lot

Reinsurance News

During the launch of Swiss Re’s latest sigma report on the first day of RVS 2025 Monte Carlo, Jérôme Haegeli, Group Chief Economist & Head Swiss Re Institute, emphasised that the value of underwriting is increasing, with the role of an underwr...

Posted: Sep 07, 2025

Munich Re continues to expect attractive business opportunities at January renewals

Reinsurance News

Munich Re, one of Europe’s big four reinsurance companies, is still expecting attractive opportunities at the key January 1st, 2026, reinsurance renewals, emphasising that traditional capital remains the backbone for risk transfer in a world...

Posted: Sep 07, 2025

Deutsche Rück maintains cautious strategy, does not see general market softening: CEO

Reinsurance News

In an interview with Reinsurance News around RVS 2025 in Monte Carlo, Achim Bosch, CEO of Deutsche Rück, said the company is maintaining its selective and disciplined approach ahead of the January 2026 renewals, while noting that he does not expec...

Posted: Sep 07, 2025

If now is not a positive reinsurance market, when is? AM Best’s Carter

Reinsurance News

AM Best is the only rating agency that has maintained its positive outlook on the global reinsurance sector, and Greg Carter, Managing Director, Analytics, at the company’s briefing at RVS 2025 today, stressed that if now is not a positive m...

Posted: Sep 07, 2025

Inside the Hidden Rulebook: Tracking Sub-Regulatory Changes in Workers’ Comp

Risk & Insurance

Tracking legislative changes that impact workers’ compensation is a full-time job — and then some. The post Inside the Hidden...

Posted: Sep 07, 2025

Surprise if there’s no ‘lowering of attachment points on property cat,’ says Fitch’s Arrivé

Reinsurance News

Property catastrophe rates are expected to decline at year-end, but a number of factors will keep underwriting discipline, Brian Schneider, Senior Director at Fitch Ratings noted at RVS 2025 in Monaco, with Manuel Arrivé, CFA, Director, suggesting...

Posted: Sep 07, 2025

RenRe expands Adria Richards’ role to manage Property Cat Assumed Retro portfolio

Reinsurance News

Bermuda-based reinsurer RenaissanceRe (RenRe) has announced the expansion of Adria Da Breo Richards’ role to include management of Property Cat Assumed Retro portfolio, alongside her current role overseeing Property Cat portfolios for RenRe’s Glob...

Posted: Sep 07, 2025

Reinsurance has never been more relevant: AXA XL Re’s Renaud Guidée

Reinsurance News

Amid a spike in uncertainty globally, Renaud Guidée, Chief Executive Officer of AXA XL Re, believes that reinsurance has never been more relevant as a means to “bridge the gap between uncertainty and certainty.” Reinsurance News spoke with Guidée...

Posted: Sep 07, 2025

Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025

Reinsurance News

Our ranking of the world’s largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of...

Posted: Sep 07, 2025

Zurich hikes occupational accident benefits for independent truckers

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Zurich has offered Occupational Accident coverage for independent truckers since 1997.

Posted: Sep 06, 2025

Farmers to add 100 jobs across four cities

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These positions are in direct sales.

Posted: Sep 06, 2025

Robust reinsurance & alternative solutions key as global P&C growth persists: Swiss Re

Reinsurance News

As the global property and casualty (P&C) insurance market continues to expand, industry giant Swiss Re has highlighted that robust reinsurance and alternative risk solutions are further broadening capacity and helping to keep coverage both af...

Posted: Sep 06, 2025

QBE CFO resigns

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Singh will remain during the search for his successor.

Posted: Sep 05, 2025

Protective taps Jeff Wasco to lead Employee Benefits business

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Wasco joined Protective in 2024.

Posted: Sep 05, 2025

Ryan Specialty launches $400M reinsurance sidecar

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The deal was structured with support from AXIS Capital through its Lloyd’s syndicate 1686.

Posted: Sep 05, 2025

Lincoln names Jason Crane RPS President

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He succeeds Ralph Ferraro, who is retiring at the end of September.

Posted: Sep 05, 2025

Heritage Insurance launches text-based claims program

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Heritage is a super-regional property and casualty insurer offering personal and commercial residential products.

Posted: Sep 05, 2025

August Innovation Report

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Dispatch’s platform automates data reconciliation across systems.

Posted: Sep 05, 2025

U.S. Sues Southern California Edison, Blames It for Eaton, Fairview Wildfires

Carrier Management

U.S. Sues Southern California Edison, Blames It for Eaton, Fairview Wildfires The U.S....

Posted: Sep 05, 2025

You violated our privacy!

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS You violated our privacy! Mullins Food Products, Inc., an Illinois-based company that manufactured food ingredients, was sued under a state act regarding informat...

Posted: Sep 05, 2025

Separate endorsements for separate vehicles

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Separate endorsements for separate vehicles Kepali Group owned multiple vehicles. The company used Brown & Brown to handle its automobile insurance needs, whi...

Posted: Sep 05, 2025

There may be fraud, but there are no damages

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS There may be fraud, but there are no damages This is a dispute that centers upon whether possible fraud on one party’s part results in a legitimate claim for dama...

Posted: Sep 05, 2025

CONTRACTORS E&O

Rough Notes

While E&O doesn’t address every concern for a contractor, it does speak to many common ones At some point, an honest mistake could prove to be too large for an out-of-pocket fix. By Marc McNulty, CIC, CRM Like many others in the independent insur...

Posted: Sep 05, 2025

M&A CAN DRIVE INCREASED SHAREHOLDER VALUE

Rough Notes

  For outsized growth in this industry, M&As are critical The talent and relationships gained through quality acquisitions could take decades to develop organically. By James Graham, CVA The increasing volume of insurance broker transactions is a...

Posted: Sep 05, 2025

CONFRONTING LONG-TERM CARE

Rough Notes

Retirement security may depend on it “[T]he public is becoming aware that Medicaid benefits are going to be cut.” —Jesse Slome Executive Director The American Association of Long-Term Care Insurance By Thomas A. McCoy, CLU In retirement planning disc...

Posted: Sep 05, 2025

NOAA’s Flood Inundation Mapping Tool Now Covers 60% of U.S.

Carrier Management

NOAA’s Flood Inundation Mapping Tool Now Covers 60% of U.S. The National Weather Service (NWS) rec...

Posted: Sep 05, 2025

WHY MANY RISK ADVISORS FAIL TO SEE THE BIG PICTURE (AND HOW YOU CAN FIX THAT)

Rough Notes

It’s 2025, not 2015 [O]ne day you’re reviewing a routine renewal … and the next, you’re scrambling to explain a risk no one saw coming. By Carolyn Smith, APR, TRA As we head into the final stretch of 2025—the last quarter of the first quarter of a br...

Posted: Sep 05, 2025

HOW THE BEST AGENCIES DO IT

Rough Notes

Eight key elements to create the ultimate independent agency [We] have discovered [that] eight key business practices … will enable any agency to create and sustain an extraordinary organization. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AFIS, and Mary B...

Posted: Sep 05, 2025

REGULATING THE ROBOTS

Rough Notes

Federal proposal to ban state actions to regulate AI defeated The states hold limited and contingent authority over insurance. The arrangement could end tomorrow.   By Kevin P. Hennosy If artificial intelligence (AI) triggers feelings of menace and u...

Posted: Sep 05, 2025

YOU VIOLATED OUR PRIVACY!

Rough Notes

Companies should be certain of their rationale for using private data Considering the legal risks that accompany the use of private data, it is important to create, vet and publish privacy statements that are clear, accurate and in compliance with ap...

Posted: Sep 05, 2025

Insurance Europe warns Solvency II reform falls short of EU competitiveness goals

Reinsurance News

Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU law...

Posted: Sep 05, 2025

Jeremy Goodman Appointed Chief Client & Growth Officer at Guy Carpenter

Risk & Insurance

The latest people news in the industry today. The post Jeremy Goodman Appointed Chief Client & Growth Officer at Guy Carpente...

Posted: Sep 05, 2025

Bruce Denson Jr. Appointed Chief Strategy Officer at CAC Group

Risk & Insurance

The latest people news in the industry today. The post Bruce Denson Jr. Appointed Chief Strategy Officer at CAC Group appeared first o...

Posted: Sep 05, 2025

Allianz Commercial Names Mary Ann Stewart Regional Head of Liability, North America

Risk & Insurance

The latest people news in the industry today. The post Allianz Commercial Names Mary Ann Stewart Regional Head of Lia...

Posted: Sep 05, 2025

Lightning Sparked Wildfire Devastates Historic California Gold Mining Town, Homes

Carrier Management

Lightning Sparked Wildfire Devastates Historic California Gold Mining Town, Homes One of nearly two doz...

Posted: Sep 05, 2025

US Sues Southern California Edison, Blames it for Eaton, Fairview Wildfires

Carrier Management

US Sues Southern California Edison, Blames it for Eaton, Fairview Wildfires The U.S. g...

Posted: Sep 05, 2025

Nick Martin Joins Alliant Insurance Services to Lead National Alternative Risk Transfer Platform

Risk & Insurance

The latest people news in the industry today. The post Nick Martin Joins Alliant Insurance Services to...

Posted: Sep 05, 2025

Optalitix expands quote platform to power reinsurance pricing

Reinsurance News

Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultat...

Posted: Sep 05, 2025

Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting

Insurance Journal

International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will deliver additional capacity to Ryan Specialty Underwriting Managers&#8217...

Posted: Sep 05, 2025

Smith to Replace Retiring Gunn as Deputy Commissioner at ALDOI

Insurance Journal

The Alabama Department of Insurance has promoted Dusty Smith to the role of deputy commissioner, replacing Jimmy Gunn, who is retiring after 36 years at the department. Smith, a former insurance agent, joined the department in 2011 and has served &#8...

Posted: Sep 05, 2025

IQUW Re Bermuda enhances product suite with Mortgage, Credit, and Cyber Risk

Reinsurance News

IQUW Re Bermuda has expanded its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. IQUW Re Bermuda stated that, supported by its strong balance sheet and capital fo...

Posted: Sep 05, 2025