Reinsurance News

Protecdiv promotes Cate DelaCruz to EVP and Head of Analytics

Protecdiv, an insurance and reinsurance brokerage firm, has announced the promotion of Cate DelaCruz to Executive Vice President and Head of Analytics, effective immediately. In her new position, DelaCruz will be responsible for leading the ongoin...

Posted: Sep 29, 2025

Swiss Re CorSo and Bondaval to launch data-driven credit risk solution

Bondaval, a provider of technology-enabled credit insurance solutions, and Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, have partnered to launch data-driven credit risk policies that enhance the way bus...

Posted: Sep 29, 2025

Marlon Williams hired as Senior Broker at AHJ Miller Bermuda

AHJ Miller, the reinsurance division of Miller and an independent specialist re/insurance broker, has appointed Marlon Williams as Senior Broker in its Bermuda office. Williams brings more than 20 years of industry experience, covering insurance,...

Posted: Sep 29, 2025

Athene announces block reinsurance transaction with Japanese insurer Sony Life

Athene, a retirement services company and subsidiary of Apollo Global Management, Inc., has announced that it will enter into a block reinsurance transaction with Japanese insurer Sony Life Insurance Co. Ltd. Under the agreement, Athene will reins...

Posted: Sep 29, 2025

Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar

While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. The re/insurance industry is facing increasing losses as...

Posted: Sep 29, 2025

Swiss Re appoints Beat Kramer as Group AI Lead

Global reinsurer Swiss Re has appointed Beat Kramer as Group AI Lead. In this new role, Kramer will lead the company’s AI journey by combining its Group-wide human expertise with its state-of-the-art data and technology foundation. He has spent th...

Posted: Sep 29, 2025

Aon names Shinji Kuriyama as Enterprise Client Leader, Japan

Aon, the global insurance and reinsurance broker, has appointed Shinji Kuriyama as Enterprise Client leader, Asia Pacific, in Japan, effective immediately. In his new role, Kuriyama will lead Aon’s relationships globally with its Japanese clients,...

Posted: Sep 29, 2025

Helios reports H1’25 profit of £4.4m as strong Lloyd’s market performance continues

Helios Underwriting has reported a profit before tax of £4.4 million for the first half of 2025, as the Lloyd’s market continues to deliver strong performance and the outlook for 2026 remains positive. The firm said reduced expenses and the impact...

Posted: Sep 29, 2025

Alta Signa adds Cédric Denysiak as Country Manager for France

Alta Signa, a European boutique managing general agent (MGA), has appointed Cédric Denysiak as the Country Manager for France to drive specialty growth, effective October 1st, 2025. The appointment aligns with Alta Signa’s sustainable growth ambit...

Posted: Sep 29, 2025

Kennedys welcomes Brazilian law firm RPZ Advogados to its Latin America network

Global law firm Kennedys is growing its presence in Latin America with a new association with RPZ Advogados, a recognized Brazilian law firm with a focus in insurance and reinsurance. Led by Michael Hennessy, this new association marks a significa...

Posted: Sep 29, 2025

Marsh McLennan’s Chris Lay to succeed Sean McGovern as LMG Chair

Chris Lay, Chief Executive Officer of Marsh McLennan UK, will become the next Chair of the London Market Group (LMG), succeeding Sean McGovern, Chief Executive of AXA XL Lloyd’s and London Market. McLennan will take over his new position on Januar...

Posted: Sep 29, 2025

Genpact’s new AI-powered suite to help automate repetitive tasks for insurers

Genpact, an agentic and advanced technology solutions company, has announced the launch of the Genpact Insurance Policy Suite for commercial and specialty business insurance, a new solution created to reinvent insurance buying. Part of Genpact&#82...

Posted: Sep 29, 2025

MSIG USA Board selects Martin J. Sullivan as Chairman

MSIG USA, a provider of specialty commercial insurance, has announced the appointment of global insurance industry leader Martin J. Sullivan as Chairman of the Board, marking a new phase in the company’s growth strategy. With a career spanni...

Posted: Sep 29, 2025

There are challenges, but reinsurance conditions remain favourable: Lockton

The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, accordi...

Posted: Sep 26, 2025

Aon strengthens commercial risk sales in India with new Regional Heads

Aon has announced the appointments of Raghav Arora, Prasanna Kumar, and Preeti D’Silva to its commercial risk sales division in India. Raghav Arora has been named Regional Head, Commercial Risk Sales – North, and Head, Asia Global Solu...

Posted: Sep 26, 2025

Ardian becomes lead shareholder in Diot-Siaci

The Diot-Siaci Group, a specialist insurance and reinsurance broker and consulting group, has announced a major ownership restructuring, with Ardian, a private investment firm as lead financial shareholder. Following exclusive negotiations, both c...

Posted: Sep 26, 2025

US commercial auto insurance losses continue to mount: AM Best

The overall property and casualty (P&C) industry continues to be negatively impacted by the US commercial auto insurance sector, having accumulated over $10 billion in net underwriting losses in the last two years, according to a new AM Best r...

Posted: Sep 26, 2025

Gaspero to lead Chubb’s National Account Segment of Major Accounts Excess Casualty

Chubb, a global insurer, has announced the appointment of Joe Gaspero as Senior Vice President, National Account Segment Leader of Major Accounts Excess Casualty, effective immediately. In his new role, Gaspero will oversee the growth and developm...

Posted: Sep 26, 2025

Florida’s property re/insurance market rebounds following tort reform: Gallagher Re

Gallagher Re, a global reinsurance brokerage and risk advisory firm, reports that Florida’s property insurance market is experiencing a significant resurgence, driven largely by recent tort reforms that have restored confidence among carriers, rei...

Posted: Sep 26, 2025

Super Typhoon Ragasa insured losses may exceed tens of millions USD: Aon

In the last week of September, Southeast Asia and China were struck by Super Typhoon Ragasa, with economic losses expected to reach hundreds of millions of USD and insured losses potentially exceeding tens of millions, according to Aon’s Weekly Ca...

Posted: Sep 26, 2025

Amynta Group to acquire surety broker, International Sureties

Amynta Group, an insurance services provider, has entered into a definitive agreement to acquire New Orleans-domiciled, commercial surety brokers Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively know...

Posted: Sep 26, 2025

Enact enters into 34% quota share reinsurance agreement

Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers, subject to certain conditions. Under the...

Posted: Sep 26, 2025

ICW Group adds Jake Sokol as Head of Excess Casualty

ICW Group Insurance Companies, a group of property and casualty insurers, has appointed Jake Sokol as Head of Excess Casualty for its newly established specialty products business unit, ICW Specialty. The new business unit includes VerTerra Insura...

Posted: Sep 26, 2025

South Korea’s DB Insurance to acquire Fortegra in $1.65bn deal

DB Insurance Co., Ltd., the second largest non-life insurer in South Korea, is set to acquire 100% of the outstanding shares of The Fortegra Group, Inc., a US-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion...

Posted: Sep 26, 2025

New Energy Risk secures first tax credit insurance transaction

New Energy Risk (NER), a specialist managing general underwriter and a wholly owned division of Paragon Insurance Group, has announced its first tax credit insurance transaction, in partnership with the tax insurance broker at Alliant Insurance Se...

Posted: Sep 26, 2025