Reinsurance News

Everest names Carter as Head of NA Re Claims as Parker takes over as Head of Intl. Re Claims

Global insurance and reinsurance company, Everest Group, has named Tim Carter as Head of North America Reinsurance Claims, and James Parker as Head of International Reinsurance Claims. Carter has been with Everest Reinsurance Company since March 2...

Posted: Dec 19, 2025

Gallagher Re appoints Harrison Pepper Executive Director for Marine and Energy

Global reinsurance brokerage Gallagher Re has announced that Harrison Pepper will be joining its UK-Business as an Executive Director for Marine and Energy. Pepper is joining the company from rival broker Guy Carpenter, where he served as Senior V...

Posted: Dec 19, 2025

Marco completes acquisition of Dublin-based Benteler Re

European P&C insurance run-off group Marco Capital Holdings has completed its previously announced acquisition of Dublin-based Benteler Re from Benteler Group. Incorporated in January 2003, Benteler Re is a non-life insurance Captive in run-of...

Posted: Dec 19, 2025

Marsh McLennan appoints Mathews as Global Digital Infrastructure Leader

Marsh McLennan has named Mike Mathews as its Global Digital Infrastructure Leader, where he will leverage the firm’s combined expertise in risk, capital, and advisory solutions to serve clients in the rapidly growing sector. Mathews joined M...

Posted: Dec 19, 2025

S&P cites strengthened competitive position as Lancashire ratings upgraded to ‘A’

Bermuda-based global insurer and reinsurer, Lancashire Holdings Limited, has reported that rating agency S&P Global Ratings has lifted its long-term issuer credit and financial strength ratings on the firm’s core re/insurance operating s...

Posted: Dec 19, 2025

London Market faces pivotal moment for industry’s future: Guidewire’s McDonnell

As the global insurance industry enters 2026, the London Market is standing at a critical crossroads, with Lloyd’s of London under mounting pressure to redefine its strategic direction following significant leadership transitions – including...

Posted: Dec 19, 2025

Pazmino named EVP, Head of Marine, Chubb Overseas General Insurance

Xavier Pazmino has been appointed as Executive Vice President, Head of Marine, for Chubb Overseas General Insurance (COG), Chubb’s international general insurance operations, effective February 2026. Pazmino, who succeeds Andrew Williamson i...

Posted: Dec 19, 2025

AM Best upgrades Arch on diversification and outperformance

AM Best has upgraded Arch Capital Group and its subsidiaries’ ratings, citing the firm’s strong operating performance and a proven track record of delivering superior underwriting results and investment returns, even during softer market condition...

Posted: Dec 19, 2025

Pinkerton joins Previsico as Chief Technical Officer

Previsico, a flood forecasting and real-time flood risk intelligence platform provider, has appointed Mark Pinkerton as Chief Technical Officer (CTO). In his new role, Pinkerton will oversee the company’s global technology strategy, product develo...

Posted: Dec 19, 2025

Primary casualty rates rise but reinsurance pricing remains flat: TD Cowen

TD Cowen, an investment bank and financial services firm, has shared key observations on the casualty market from recent meetings in Bermuda with reinsurance participants. According to analysts, primary casualty appears to still be successfully in...

Posted: Dec 19, 2025

Farmers secures $400m indemnity-based coverage through new cat bond

Farmers Insurance Exchange and its subsidiaries and affiliates, collectively known as the Farmers Insurance Group, have closed a $400 million catastrophe bond, providing indemnity-based coverage that complements their traditional catastrophe reins...

Posted: Dec 19, 2025

Gallagher Re hires Martin Hughes to lead new Captives Risk Transfer team

Global reinsurance broker Gallagher Re has announced the launch of a new dedicated Captive Risk Transfer team within its Global Facultative practice, which will be led by Martin Hughes as Executive Vice President, Captives, effective January 1, 20...

Posted: Dec 19, 2025

Reinsurers must monitor for any T&Cs slippage amid late Jan 1 renewal: Brit’s Sullivan

Amid a “very late” January 1 renewal this year, reinsurers need to remain vigilant and monitor for any terms and conditions (T&Cs) slippage, according to Jon Sullivan, Group CUO at Brit Insurance. As the market approaches the January 1 deadlin...

Posted: Dec 19, 2025

AIG partners with Amwins and Blackstone to launch new Lloyd’s syndicate

AIG, in partnership with Amwins and funds managed by Blackstone, is launching a new Lloyd’s syndicate, Syndicate 2479, featuring a novel structure that brings together a specialty distributor, an insurer and a Lloyd’s platform backed by third-part...

Posted: Dec 19, 2025

The Clear Group’s co-founder Howard Lickens to retire

Insurance broker The Clear Group has announced the retirement of Howard Lickens, the founder of the business with Gary O’Donnell, at the end of this year. Lickens has been instrumental in shaping Clear since its formation in 2001. Over the last tw...

Posted: Dec 19, 2025

Hong Kong’s non-life insurance segment profitable amid market challenges: AM Best

Hong Kong’s non-life insurance industry has consistently achieved profitable underwriting over the past five-year, driven by the performance in the general liability and property damage lines of business, according to a new AM Best report. Acciden...

Posted: Dec 19, 2025

Eugene Lim joins Howden as Head of Tax Insurance, Asia

Howden, a global insurance and reinsurance broking group, has announced the appointment of Eugene Lim as Head of Tax Insurance, Asia. In his new role, Lim will lead Howden’s tax advisory and insurance capabilities across the region, working with c...

Posted: Dec 19, 2025

SCOR announces renewal of €300m natural catastrophe / mortality contingent capital facility

Global reinsurance company SCOR has renewed its contingent capital program for another three years, which may provide the carrier with up to €300 million of additional capital after the occurrence of extreme events, natural catastrophes or events...

Posted: Dec 18, 2025

Falkenhagen appointed DEVK RE CUO, Jöbkes to retire

Cliff Falkenhagen is to succeed Wolfgang Jöbkes, who is retiring after more than 46 years with the DEVK Group, as Chief Underwriter Officer (CUO) of DEVK RE, the reinsurance subsidiary of the German insurer. Since 1987, Jöbkes has successfully hea...

Posted: Dec 18, 2025

Howard Hughes’ $2.1bn Vantage acquisition mirrors Buffett’s insurance blueprint: Ackman

Bill Ackman, founder and CEO of Pershing Square Capital Management, says Howard Hughes’ $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group echoes Warren Buffett’s early moves at Berkshire Hathaway, as the company he backs lo...

Posted: Dec 18, 2025

FSRA proposes comprehensive updates to ADGM insurance regulatory framework

The Financial Services Regulatory Authority (FSRA), the regulatory body overseeing financial services within the Abu Dhabi Global Market (ADGM), has released a Discussion Paper outlining a series of strategic enhancements to its insurance regulato...

Posted: Dec 18, 2025

Sri Lankan insurers’ cyclone losses limited, reinsurers to absorb most non-motor losses: Fitch

Fitch Ratings expects most Sri Lankan insurers’ losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country’s sole local reinsur...

Posted: Dec 18, 2025

James Howell joins Markel as Senior War and Terrorism Underwriter

Markel Insurance, the insurance operation within Markel Group Inc., has appointed James Howell as Senior War and Terrorism Underwriter, effective immediately. Howell holds nearly a decade of specialised experience in terrorism underwriting, having...

Posted: Dec 18, 2025

Howden Re & Howden Iberia to provide cat modelling services for Spain’s national insurance pool

Global reinsurance broker Howden Re, in partnership with Howden Iberia, has been chosen to provide natural catastrophe modelling services for Spain’s national insurance pool for extraordinary risks, the Consorcio de Compensación de Seguros (...

Posted: Dec 18, 2025

Miller hires Lambertin and Beltzer to expand its Surety offering in Europe

Specialist re/insurance broker Miller has hired Elisabeth Chalon Lambertin and Toni Beltzer to further expand its Surety offering in Europe. Both Lambertin and Beltzer join Miller from Transitions, a surety broker specialising in surety, construct...

Posted: Dec 18, 2025