Reinsurance News

Zurich North America appoints Tom Morelli as US Head of Energy

Zurich North America, the commercial property and casualty insurer, has announced the appointment of Tom Morelli to the newly created role of U.S. Head of Energy, where he will lead a new strategic business unit within Specialties. Based in New Yo...

Posted: Dec 03, 2025

Ransomware spreads into emerging markets, re/insurers prioritise efficiency & margin stability: Cybe...

Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report. The research highlights a significant shift in...

Posted: Dec 03, 2025

AI’s shift from hype to practical adoption gathers momentum, says hx CEO

Amrit Santhirasenan, CEO of hyperexponential, says AI is moving beyond hype into practical adoption, and in 2026, the winners will be insurers who invest intelligently in technology and modernise their infrastructure to unlock value. Santhirasenan...

Posted: Dec 03, 2025

QBE names Sebastian Tjornelund as Asia Head of Marine Underwriting

QBE, an international insurer and reinsurer, has announced the appointment of Sebastian Tjornelund as Asia Head, Underwriting, Marine, effective 1st December 2025. In his new role, Tjornelund will shape and implement QBE Asia’s strategy for its ma...

Posted: Dec 03, 2025

AM Best maintains stable outlook on U.S. commercial lines segment

AM Best is maintaining its stable outlook for the U.S. commercial lines market, citing the segment’s strong underwriting and overall operating performance, despite variability across individual lines of business. Additional factors supporting AM B...

Posted: Dec 03, 2025

Ryan Specialty Underwriting Managers launches public entity MGU

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the launch of Ryan Specialty Public Entity, a managing general underwriter (MGU) focused on the public sector. Led by Chris Connache...

Posted: Dec 03, 2025

2025 hurricane season sees record share of Category 5 storms: MS Amlin

Although the 2025 North Atlantic hurricane season appeared relatively benign, it saw a record share of storms reach Category 5 status, serving as a warning of the supercharged storms the industry will likely face more often in a warming world. Com...

Posted: Dec 03, 2025

Parametrix provides rapid claims payments following AWS outage

Parametrix, a provider of digital business interruption solutions, has revealed that it has already paid claims to clients affected by the Amazon Web Services (AWS) outage on 20th October 2025, allowing affected businesses to recover quickly. On M...

Posted: Dec 03, 2025

Economic downturn fears top G20 business leaders’ risk concerns: WEF

Fears relating to an economic downturn continue to dominate concerns cited by G20 business leaders, according to the Executive Opinion Survey 2025, conducted by the World Economic Forum and released by its strategic partners Marsh McLennan and Zur...

Posted: Dec 03, 2025

Duck Creek names Rajesh Raheja as CTO

Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as Chief Technology Officer (CTO). In the new role, Raheja will lead the firm’s global technolog...

Posted: Dec 03, 2025

Swiss Re addresses rising mental health claims with AI-powered Wysa app: Paul Murray

Paul Murray, CEO Life & Health Reinsurance at Swiss Re, highlighted that mental health claims have increased significantly this year, noting that the reinsurer is managing the trend through its AI-powered Wysa app, which has already shown meas...

Posted: Dec 03, 2025

Bridgehaven completes acquisition of SureStone

UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the...

Posted: Dec 03, 2025

Pacific Life Re names Soichiro Makimoto as Head of Japan Representative Office

Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as Head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will enhance Pacific L...

Posted: Dec 03, 2025

McGill and Partners and AEGIS London announce new digital partnership

McGill and Partners, the independent global specialty insurance and reinsurance broker, and AEGIS London, a Lloyd’s syndicate, have formed a strategic partnership to deliver smarter, digitally-enabled solutions for clients. The partnership aligns...

Posted: Dec 03, 2025

Arrowhead Intermediaries appoints Steven Beard as CEO, International

Arrowhead Intermediaries has announced the appointment of Steven Beard as Chief Executive Officer, International, who will join the firm in February 2026 and be based in London. Beard joins from Charles Taylor, where he served as Group President....

Posted: Dec 03, 2025

Marsh McLennan Agency acquires three Hawai‘i-based insurance brokerages

Marsh McLennan Agency (MMA), part of global insurance and reinsurance brokerage Marsh McLennan, has acquired three privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. The bro...

Posted: Dec 03, 2025

Venerable expands Findleton’s role to Head of Flow Reinsurance

Venerable, a privately held company that owns and manages legacy variable annuity business, has expanded Alexandra Findleton’s role at the firm to include serving as Head of Flow Reinsurance. The move aims to position the firm to accelerate...

Posted: Dec 03, 2025

The Baldwin Group and CAC to merge for $1.03bn

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total...

Posted: Dec 03, 2025

Swiss Re’s Schoch appointed Strategic Consultant of Marine for Gallagher Re LAC

Gallagher Re, the reinsurance arm of the global broking group, has announced the appointment of Erika Schoch Strategic Consultant of Marine for Gallagher Re Latin America and Caribbean (LAC). In her new consulting role, Schoch will leverage her di...

Posted: Dec 03, 2025

LMG’s Data Council launches consultation for Claims Core Data Record

The London Market Group’s (LMG) Data Council has launched a consultation on the structure and fields of the Core Data Record (CDR) to cover claims. According to the announcement, the consultation will run for 12 weeks from November 26th. Market me...

Posted: Dec 03, 2025

PRA’s LIST 2025 reinforces Fitch’s view that the UK life sector is well capitalised

Fitch Ratings said the UK Prudential Regulation Authority’s (PRA) 2025 Life Insurance Stress Test (LIST 2025) reinforces its view that the sector is well capitalised, but warns that real-world stress scenarios could lead to a different outcome due...

Posted: Dec 03, 2025

Geoeconomic fragmentation reshaping the global risk landscape

A new report from Brokerslink and the Swiss Re Institute warns that rising geoeconomic fragmentation, marked by widening divisions between economic blocs and potential restrictions on the free flow of capital, could have profound and lasting conse...

Posted: Dec 02, 2025

BlueFive launches new platform to drive GCC insurance consolidation

BlueFive Capital, a global investment platform, has launched BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance industry across the Gulf Cooperation Council (GCC) and beyond. Altho...

Posted: Dec 02, 2025

Frank Fumarola joins Coalition as Chief Product Officer

Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Frank Fumarola as its new Chief Product Officer. Fumarola, who is joining the company from Nubak, will serve as a member of Coalition’s execut...

Posted: Dec 02, 2025

Ben Watson to lead Westfield Specialty International’s new cyber offering

Westfield Specialty International, a specialty insurance provider, has announced the appointment of Ben Watson as Class Underwriter to lead its newly launched cyber team. The cyber team will begin writing business from 1st January 2026, with addit...

Posted: Dec 02, 2025