Reinsurance News

DUAL Europe appoints new Managing Directors for Transactional Liability Business

DUAL Europe, part of Howden, today announces the immediate appointments of Amaury Berhault and Jaume Benajiba as Managing Directors of its Transactional Liability business in Europe. Berhault and Benajiba each bring over 17 years of expertise in t...

Posted: Dec 12, 2025

Direct Commercial names Steve Knights as London Market New Business Underwriter

Direct Commercial Limited (DCL), a specialist insurance provider, has appointed Steve Knights as London Market New Business Underwriter, effective 9 December 2025. Based at the company’s Lime Street office in London, he will join the New Business...

Posted: Dec 12, 2025

Pen Underwriting and Zurich expand multi-year fleet capacity deal

Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has announced the extension of its decades-long strategic collaboration with Zurich in the UK, with a newly expanded multi-year specialist fleet capacity deal. Building...

Posted: Dec 12, 2025

NFP promotes Noel to EVP and CFO

NFP, an Aon company and provider of property and casualty (P&C) brokerage and benefits consulting, has promoted and expanded Caleb Noel’s role to Executive Vice President (EVP) and Chief Financial Officer (CFO). Noel is based in Austin a...

Posted: Dec 12, 2025

Marine insurance sector faces rising geopolitical and climate-related risks: Kennedys

Rising geopolitical tensions, ongoing trade disputes, climate-related hazards, and post-Brexit regulatory challenges are creating a complex and volatile risk environment that is testing the resilience of the global marine insurance industry, accor...

Posted: Dec 12, 2025

Munich Re’s HSB Managing Director Terry Dyson to retire in March

HSB (UK & Ireland), a provider of engineering insurance and inspection services, has announced that Terry Dyson, the Managing Director, has decided to retire at the end of March 2026. Dyson has an insurance industry career spanning four decade...

Posted: Dec 12, 2025

Oaktree and Lane42-backed Avocet Partners launches, to acquire EMC Life

Avocet Partners, a new insurance-focused investment and operating platform, has launched backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management, L.P. and Lane42 Investment Partners, LLC. Led by an exper...

Posted: Dec 12, 2025

Geopolitical alignment essential in new era of tariff deals: Willis

Geopolitical alignment has now become essential for internationally exposed firms’ risk management strategies amid a new trade paradigm, Willis, a WTW business, argues in its latest Political Risk Index. The global trade landscape has been fundame...

Posted: Dec 11, 2025

IQUW Bermuda appoints Tristram Prior to lead latest product expansion

Specialty insurer and reinsurer IQUW Bermuda has announced the appointment of Tristram Prior as Head of Professional Lines & Cyber Insurance, where he will lead the launch of its Directors’ & Officers’ (D&O), Financial Institutions (FI...

Posted: Dec 11, 2025

Aon provides enhanced access to Latin America catastrophe models via Oasis LMF

Aon plc, a professional services firm, has announced that its Impact Forecasting team is now providing ERN’s Latin America catastrophe models to clients through the Oasis Loss Modelling Framework (Oasis LMF). Latin America is emerging as a key reg...

Posted: Dec 11, 2025

Younes to lead Tysers Marine team in Dubai as Divisional Director

Tysers, an independent Lloyd’s insurance broker, part of the Australian AUB Group, has announced the appointment of Younes Younes as a Divisional Director within its Marine team in Dubai. In his new role, Younes will help to drive the development...

Posted: Dec 11, 2025

Younes to lead Tysers Non-Marine team in Dubai as Divisional Director

Tysers, an independent Lloyd’s insurance broker, part of the Australian AUB Group, has announced the appointment of Younes Younes as a Divisional Director within its Non-Marine team in Dubai. In his new role, Younes will help to drive the developm...

Posted: Dec 11, 2025

Younes to join Tysers Non-Marine team in Dubai as Divisional Director

Tysers, an independent Lloyd’s insurance broker, part of the Australian AUB Group, has announced the appointment of Younes Younes as a Divisional Director within its Non-Marine team in Dubai. In his new role, Younes will help to drive the developm...

Posted: Dec 11, 2025

Serenova Re appoints Stelian Dragan as Chief Business Development Officer

Serenova Re, a Bermuda-based reinsurance company backed by Bain Capital and part of the Federal Life Group, has announced the appointment of Stelian Dragan as Chief Business Development Officer. In his new role, Dragan will lead business developme...

Posted: Dec 11, 2025

ACCC opposes IAG’s acquisition of RAC WA’s insurance arm

The Australian Competition and Consumer Commission (ACCC) has announced its opposition to Insurance Australia Group Limited’s (IAG) proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia Inc, c...

Posted: Dec 11, 2025

Citizens proposes rate reductions for many policyholders

Citizens Property Insurance Corporation, Florida’s state-backed insurer created to provide coverage when private options are unavailable, announced Wednesday that its Board of Governors has approved proposed 2026 rates that would lower average pre...

Posted: Dec 11, 2025

RGA welcomes Ryan Krueger as Senior VP, Investor Relations

Reinsurance Group of America (RGA), Incorporated, a global life and health reinsurer, has announced the appointment of Ryan Krueger as Senior Vice President, Investor Relations, effective January 5, 2026. Reporting to Executive Vice President and...

Posted: Dec 11, 2025

LGRA estimates $9bn total premium for US PRT market in Q3’25

Legal & General Retirement America (LGRA), a business unit of Legal & General America, has estimated that total premium of the US Pension Risk Transfer (PRT) market for the third quarter of 2025 will be around $9 billion, a decrease compar...

Posted: Dec 11, 2025

Chris Aries to serve as General Counsel, Howden US

Howden, the global insurance and reinsurance broking group, has appointed Chris Aries as General Counsel of its US retail broking and advisory business. In his new role, Aries will serve as the primary legal advisor to Howden’s US business, coveri...

Posted: Dec 11, 2025

Lower reinsurance costs drive reduced insurance rates in Louisiana

Louisiana Insurance Commissioner Tim Temple has approved requests from SureChoice Underwriters Reciprocal Exchange (SURE) and Elevate Reciprocal Exchange for an average 7.5% rate reduction, benefiting the companies’ more than 73,000 homeowners pol...

Posted: Dec 11, 2025

The Fidelis Partnership relocates European headquarters to Dublin

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has transferred its primary European entity from Brussels to Dublin, effective 1st December 2025. TFP has established Dublin as the hub to access the European mar...

Posted: Dec 11, 2025

Aviva to adopt hx’s full suite of AI-powered capabilities

hyperexponential (hx), a pricing and underwriting platform for re/insurers, has expanded its strategic partnership with Aviva to accelerate the British insurers’ AI-powered underwriting and pricing transformation. This builds on the announcement i...

Posted: Dec 11, 2025

Moody’s RMS launches new North America severe convective storm models

Moody’s RMS has launched its new North America Severe Convective Storm HD Models at a time when recent industry events have highlighted the pressing need for more robust and reliable risk modelling. According to the firm, in the last three years,...

Posted: Dec 11, 2025

Radian receives all regulatory approvals required for Inigo acquisition

Radian Group Inc., a US-based company primarily known for mortgage insurance, has received all regulatory approvals required for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London. The tran...

Posted: Dec 11, 2025

Westfield Specialty International to launch into company market

Westfield Specialty International, a specialty insurance provider, has announced plans to expand its business from a Lloyd’s-only vehicle into the company market. Westfield Specialty intends to launch a Luxembourg subsidiary and use this platform...

Posted: Dec 11, 2025