Reinsurance News
European insurers are expected to close the year in a solid position, supported by resilient underwriting results, robust capital buffers, and effective strategic adjustments across the sector, according to a midyear report by S&P Global Ratin...
Posted: Jul 18, 2025
Willis, a WTW business, has appointed Cecelia Lockner as Senior Director, Strategic Client Advisor within the North American Alternative Asset Insurance Solutions (AAIS) division. The appointment aligns with Willis’ strategy to provide insurance s...
Posted: Jul 18, 2025
Pen Underwriting, a specialist underwriting agency in the UK, has expanded its partnership with global re/insurer SiriusPoint through a new capacity deal in support of international professional indemnity (PI) risks. As per the terms of the agreem...
Posted: Jul 18, 2025
The insurance industry is bracing for a multi-million dollar impact, with casualty insurers facing significant liabilities from various potential triggers following the devastating wildfires that impacted Los Angeles in January 2025 – which...
Posted: Jul 18, 2025
French reinsurance broker, LSN Ré Walbaum, has announced the appointment of Lynda Heroui as Director of P&C Reinsurance, who will be reporting to Benoît Butel, the company’s President. LSN Ré Walbaum, a subsidiary of the LSN Assurances group,...
Posted: Jul 18, 2025
The Kingdom of Tonga has strengthened its disaster risk financing by renewing its parametric reinsurance policies with the Pacific Catastrophe Risk Insurance Company (PCRIC), which includes a significant increase in the government’s premium contri...
Posted: Jul 18, 2025
Mosaic Insurance, a specialty insurer focused on complex and emerging risks, has strengthened its Advisory Board with the addition of senior industry leaders Peter Breitstone, George Hanna, and Tom Kim for strategic growth. The trio will focus on...
Posted: Jul 18, 2025
Addressing the widening natural catastrophe insurance protection gap requires a multi-stakeholder approach, including public-private partnerships, investments in risk reduction and resilience, and innovative insurance solutions, according to keyno...
Posted: Jul 18, 2025
Nicola Fannin has been appointed General Manager, Head of Corporate Actuarial and Chief Risk Officer for Hannover Re UK Life Branch. Fannin is succeeding Rael Davis, who was appointed Chief Financial Officer for the Hannover Re UK Life Branch on 1...
Posted: Jul 18, 2025
Specialty insurance broker Price Forbes has announced the latest extension of its exclusive underwriting facility, Lectio, which now includes construction and builders risk coverage. This move broadens the scope of the facility, further enhancing...
Posted: Jul 18, 2025
Samsung Reinsurance (Samsung Re), a subsidiary of Samsung Fire & Marine Insurance (SFMI), has appointed Sie Liang Lau as Head of Cyber and Casualty, effective June 23rd, 2025. Based in Singapore, Lau will lead the development of Samsung Re’s C...
Posted: Jul 18, 2025
Squalify, a cyber risk quantification platform supported by reinsurer Munich Re, has entered the US market, securing its first significant customer and releasing updates to its platform aimed at expressing cyber risk in financial terms. The Munich...
Posted: Jul 18, 2025
Global insurance and reinsurance broking group Aon has appointed three senior leaders within its Europe, the Middle East, and Africa (EMEA) Commercial Risk team, as the firm looks to drive growth across the region as part of its 3×3 Plan. The...
Posted: Jul 18, 2025
Global reinsurer Swiss Re supports a research-backed paper from the UN Sustainable Development Solutions Network (SDSN) which highlights the critical role insurance can play in advancing sustainable development, calling for stronger public-private...
Posted: Jul 18, 2025
Bermuda domiciled insurer and reinsurer Aspen Insurance Holdings has appointed John Welch as Group Chief Underwriting Officer (CUO), effective August 1st, 2025. In his new role, Welch will report to Christian Dunleavy, Group President and Chief Ex...
Posted: Jul 18, 2025
Bermuda-domiciled insurer and reinsurer AXIS Capital Holdings has appointed Moustafa Abdelrahman as Senior Underwriter and Assistant Vice President (VP), Renewable Energy. He becomes AXIS’ first Renewables property underwriter to be based in Toron...
Posted: Jul 18, 2025
Intersys, a cyber security and IT services provider, has launched operations in India, based in Mumbai, to help brokers and insurers grow cyber portfolios by strengthening policyholder resilience. Under the leadership of Tanmay Gore, Director of I...
Posted: Jul 18, 2025
AM Best, the credit rating agency, has upgraded the credit ratings of Kuwait Reinsurance Company K.S.C.P. (Kuwait Re), citing its improved financial performance and strong capital position. The company’s Financial Strength Rating has been elevated...
Posted: Jul 18, 2025
The Hartford, a provider of insurance and financial services, has promoted Prateek Chhabra to Chief Risk Officer, effective September 1st, 2025. He will report directly to Christopher Swift, The Hartford’s Chairman and Chief Executive Officer. Chh...
Posted: Jul 18, 2025
Reinsurance broker Gallagher Re, on behalf of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF Insurance Company), has structured and placed a re/insurance programme for the government of Lao PDR. The two-year policy expands the origin...
Posted: Jul 18, 2025
Ivans, a division of Applied Systems, has released its Q2 2025 results for the Ivans Index, showing that the average premium renewal rate change across nearly all major commercial lines, except General Liability, decreased compared to Q1 2025. How...
Posted: Jul 17, 2025
Bermuda-based insurance and reinsurance company, Hamilton Insurance Group, has appointed Raymond Karrenbauer as Group Chief Information Officer (CIO), effective September 15th, 2025. He will join the firm’s executive management team, reporting to...
Posted: Jul 17, 2025
The Allstate Corporation has estimated catastrophe losses for June 2025 of $619 million or $489 million, after-tax. June’s cat losses are the result of 15 events, with approximately 70% of the losses related to three wind and hail events. In compa...
Posted: Jul 17, 2025
The President and Chief Executive Officer (CEO) of reinsurance broker Guy Carpenter, Dean Klisura, has described the company’s analytics platform as one of the most significant things it does for its clients as it looks to bring value beyond...
Posted: Jul 17, 2025
ACORD Solutions Group (ASG), a provider of digital solutions for the global insurance industry, has launched the ADEPT North America Regional Hub to drive industry-wide modernisation through standardised digital data exchange for large commercial...
Posted: Jul 17, 2025