Reinsurance News
Bermuda headquartered insurance and reinsurance company, Arch Capital Group Ltd., expanded its property catastrophe reinsurance writings, particularly in Florida, during the second quarter of 2025, and Chief Executive Officer (CEO), Nicolas Papado...
Posted: Aug 05, 2025
Global reinsurance broker Gallagher Re has announced the appointment of Emily Apostolides as Head of Casualty, North America (NA). Apostolides has extensive experience in the Property and Casualty (P&C) treaty space, specialising in specialty...
Posted: Aug 05, 2025
Neptune Flood, a private flood insurance provider in the US, has announced that it has surpassed 250,000 policies in force, reinforcing its position in the private flood insurance market and highlighting continued adoption of its approach to flood...
Posted: Aug 05, 2025
Amwins, a distributor of specialty insurance products and services, has announced the appointment of Bob Black as National Property Practice Leader. Black, who has been with the company for over two decades, will be joining Harry Tucker and Jessic...
Posted: Aug 05, 2025
The InsuResilience Investment Fund Private Equity II (IIF II), managed by BlueOrchard Finance Limited, has completed a strategic growth investment in flood intelligence platform Previsico. The investment is reportedly part of a new funding round w...
Posted: Aug 05, 2025
Amphitrite Underwriting London, a marine hull specialist managing general agent (MGA), has bought back Arch’s minority shareholding in the company, transitioning to full independence. Amphitrite was founded in 2018, and with strategic seed investm...
Posted: Aug 05, 2025
Westfield Specialty, a global specialty insurance carrier, has announced the appointment of Jeff Circuit as Head of U.S. Accident & Health (A&H) Reinsurance. In this role, Circuit will lead the growth of Westfield Specialty’s newly launche...
Posted: Aug 05, 2025
Lemonade reported a net loss of $43.9 million for the second quarter of 2025, an improvement from the $57.2 million loss in the same quarter a year earlier, primarily driven by higher revenue, partially offset by increased growth spending. In forc...
Posted: Aug 05, 2025
Berenberg, a European investment bank and asset manager, has noted that mergers and acquisitions (M&A) could become increasingly appealing to large reinsurers. This comes amid expectations that organic growth may slow due to rising competition...
Posted: Aug 05, 2025
Chariot & Castle Seguros, a property and casualty insurance brokerage operating in Colombia under the name Grupo ilao, has announced the successful acquisition of 21 insurance brokerages across seven Colombian cities over the past two years. T...
Posted: Aug 05, 2025
Credit rating agency Moody’s Ratings has upgraded the outlook on ASR Re Limited’s Baa1 insurance financial strength rating from stable to positive; ASR Re, a Bermuda-based reinsurer, operates as part of Africa Specialty Risks (ASR), a group provid...
Posted: Aug 05, 2025
Off the brink of hyperexponential (hx) announcing the launch of a new core product offering, Platform Intelligence, Reinsurance News spoke with Jamie Wilson, Vice President of Growth at hx, about the company’s new product and what key benefits it&...
Posted: Aug 05, 2025
Aon, a global insurance and reinsurance broker, has announced the appointment of Jo Ann Jenkins to its Board of Directors, effective August 15th, 2025. Jenkins most recently served as CEO of AARP, a nonprofit, nonpartisan membership organisation d...
Posted: Aug 05, 2025
US insurer Progressive has announced the successful renewal of its catastrophe reinsurance arrangements in the second quarter of 2025, reinforcing its protection against significant weather events. The renewed programs, which address the company’s...
Posted: Aug 05, 2025
Lloyd’s, the world’s oldest insurance and reinsurance marketplace, has named Stephane Flaquet as its new Chief Operating Officer (COO), signalling the end of his 15-year tenure at global re/insurer Hiscox. Flaquet joins Lloyd’s o...
Posted: Aug 05, 2025
Palomar has reported a net income of $46.5 million for Q2 2025, up from $25.7 million in Q2 2024, while its combined ratio improved to 78.8%. At the same time, the firm’s gross written premiums increased 28.8% to $496.3 million in Q2 2025, a...
Posted: Aug 05, 2025
Global insurer Chubb, has announced the appointment of Michael Babington as Head of Claims for Europe, Middle East and Africa (EMEA), effective 1 November 2025. Babington succeeds Richard Shanks, who will continue in the role until November. In hi...
Posted: Aug 05, 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, has introduced UK Fixed, a Fixed Premium Protection & Indemnity (P&I) product specifically designed for owners of smaller vessels. Thi...
Posted: Aug 05, 2025
Insurance holding company W. R. Berkley Corporation has announced the appointment of Wayne Ashley as President of Berkley Re UK Limited, effective October 2025, and confirmed that he will take over as Chief Executive Officer (CEO) of the company i...
Posted: Aug 05, 2025
Japanese reinsurance group Toa Re has reported a strong financial performance for the fiscal year ending March 2025, with its net income increasing to 28.5 billion yen (USD 190 million). This year’s net income increased by 12.9 billion yen, or 121...
Posted: Aug 05, 2025
Greenlight Re reported net income of $0.3 million for Q2 2025, a sharp decline from $8.0 million in Q2 2024, primarily due to a $7.8 million investment loss this quarter versus $15.3 million in investment income a year earlier. David Einhorn, Chai...
Posted: Aug 05, 2025
Starr Insurance, a provider of commercial property and casualty insurance, has announced the retirement of Phil Finley as the President of Asia Pacific (APAC), and Chief Executive Officer (CEO) of Thailand. Effective August 1st, 2025, Sean Chen wi...
Posted: Aug 05, 2025
Howden, the global insurance and reinsurance broking group, has confirmed its entry into the U.S. retail market and has announced that Mike Parrish will lead the operations as Chief Executive Officer (CEO) of Howden U.S. At the same time, the brok...
Posted: Aug 05, 2025
Specialty Program Group LLC (SPG), a national operator of specialty insurance businesses, has acquired ANOVA Marine Insurance Services, LLC, a managing general agency (MGA) focused on marine, cargo, transportation, and logistics insurance. The acq...
Posted: Aug 05, 2025
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Mandy Phan as Head of Production, Treaty for Asia. In her new role, Phan will lead treaty business development across Asia, with a particular focus on Southe...
Posted: Aug 05, 2025