Reinsurance News

Bridgehaven becomes ABI member

Bridgehaven Specialty UK Limited, a hybrid insurer in commercial and specialty lines, has joined the Association of British Insurers (ABI). Bridgehaven is an independent UK hybrid-fronting insurer that empowers managing general agents (MGAs) with...

Posted: Sep 26, 2025

Swiss Re promotes Pavel Huerta-Uribe to Head of Property Underwriting Globals, APAC

Reinsurance industry giant Swiss Re has announced the promotion of Pavel Huerta-Uribe to Head of Property Underwriting Globals for the Asia Pacific (APAC) region, effective September 15th, 2025. In the role, he succeeds Andy Tran, and will be base...

Posted: Sep 26, 2025

Davies unveils new AI workbench to accelerate underwriting decisions

Davies, a professional services and technology provider for the insurance and highly regulated markets, has unveiled its new AI Underwriting Workbench platform to deliver faster, data-driven decisions. The platform strengthens Davies’ existing und...

Posted: Sep 26, 2025

Chris Newman named CEO of ACORD Solutions Group

Chris Newman has been appointed to lead ACORD Solutions Group (ASG), a provider of digital solutions for the insurance sector, as Chief Executive Officer (CEO). ASG was established in 2016 as a strategic extension of ACORD, a nonprofit organisatio...

Posted: Sep 26, 2025

US P&C insurers post record $89bn investment income in 2024: AM Best

The US property and casualty (P&C) insurance industry generated a record $89 billion in investment income in 2024, marking a 20% year-over-year increase, according to AM Best. The firm reported that the growth was fuelled by higher interest ra...

Posted: Sep 25, 2025

Ryan Specialty launches MGU Clach Casualty led by Adam Schnell

Ryan Specialty, an international specialty insurance firm, has launched Clach Casualty Underwriting Managers (Clach Casualty), a new managing general underwriter (MGU) focused on providing casualty insurance solutions for complex construction and...

Posted: Sep 25, 2025

MAPFRE updates Innovation Model to accelerate growth

Spanish insurer MAPFRE has announced an update to its innovation model, aiming to increase agility, encourage collaboration, and maximise the effectiveness of company initiatives. The new model, MAPFRE Innovación, is already operational and will s...

Posted: Sep 25, 2025

Arbol launches new wildfire parametric product for Western states

Continuing its expansion into further perils and geographies, Arbol has launched a new parametric wildfire insurance product for commercial and residential properties in high-risk wildfire regions in the U.S., with coverage limits up to $10 millio...

Posted: Sep 25, 2025

Kingstone on track for strong 2025/26 growth: CEO Meryl Golden

Kingstone is on track to meet its full-year 2025 guidance, thanks to outstanding performance in the first half and continuing into the third quarter. This strong showing also positions the company for top-tier growth and profitability in 2026. For...

Posted: Sep 25, 2025

Commercial auto insurance faces 13th year of underwriting losses in 2025: Conning

Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of...

Posted: Sep 25, 2025

CyberCube report shows diversification and mitigation can reduce cyber losses by over 50%

CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCub...

Posted: Sep 25, 2025

Canopius appoints Norm Kimber as Credit & Political Risk Underwriter

Canopius Group, a global specialty and Property & Casualty re/insurer, has announced the appointment of Norm Kimber as Credit & Political Risk Underwriter, effective in the first quarter of 2026. In his new role, Kimber will help strengthe...

Posted: Sep 25, 2025

US jury trends underscore need for broader reforms: Swiss Re

New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability...

Posted: Sep 25, 2025

Aon promotes Leon Walker as Captives Leader, EMEA

Aon, the global insurance and reinsurance broker, has promoted Leon Walker as Captives Leader for Europe, the Middle East, and Asia (EMEA) effective January 1st, 2026. In his new role, Walker will drive strategy, transformation, and sustainable gr...

Posted: Sep 25, 2025

The Fidelis Partnership announces new MGA, Imala Re, launches Miami office

Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on Octob...

Posted: Sep 25, 2025

L&G completes £1.6bn buy-in with BP Pension Fund

UK insurer Legal and General Assurance Society Limited (L&G) has completed a £1.6 billion buy-in with the BP Pension Fund, marking the first transaction for the £18 billion Fund. The two parties collaborated closely on the deal, including agre...

Posted: Sep 25, 2025

Amiga Specialty names James Rasmussen as Managing Director, Management Liability UK & Europe

Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...

Posted: Sep 25, 2025

Amiga Specialty names James Rasmussen as MD, Management Liability UK & Europe

Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...

Posted: Sep 25, 2025

Arundo Re is “flexible” but there’s a need to maintain discipline: Laurent Montador

Laurent Montador, Deputy Chief Executive Officer (CEO) of French reinsurer Arundo Re, told Reinsurance News at RVS 2025 in Monte Carlo, that as the risk landscape continues to evolve, it’s important to stay disciplined. Montador explained that at...

Posted: Sep 25, 2025

Munich Re names Sabine Starbatty as Client Management Executive for MENA

Global reinsurer Munich Re has appointed Sabine Starbatty as Client Management Executive (CME) for Non-Life Middle East and North Africa (MENA), and she will continue to have dual responsibility as Head of Treaty Underwriting Property & Casual...

Posted: Sep 25, 2025

Coverys adds Littlemore and Farnworth to its Board

Coverys, a provider of insurance and reinsurance across a range of medical professional liability and healthcare lines, has appointed Rob Littlemore and Catherine Farnworth as Independent Non-Executive Directors. Additionally, Farnworth will also...

Posted: Sep 25, 2025

Aviva completes £160m BPA with SG Pension Fund

Insurance and financial services company Aviva has completed a £160 million bulk purchase annuity (BPA) buy-in with the SG Pension Fund, securing the benefits of more than 1,900 members. The scheme sponsor is Portakabin Limited, a provider of modu...

Posted: Sep 25, 2025

ICIEC to provide fac reinsurance to certain Takaful Libya export deals

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to provide facultative reinsurance to selected export transactions insured by Takaful Libya. This collaboration will enhance Takaful Libya’s capacity to under...

Posted: Sep 25, 2025

Planette launches new forecasting platform for insurance and financial industries

Planette, an expert in long-range weather prediction, has announced the launch of Joro, a high-resolution forecasting platform designed for financial institutions and insurance providers. Unlike traditional forecasts, Joro provides full probabilit...

Posted: Sep 24, 2025

CNO to acquire minority interest in Janus Henderson’s VPC

Global asset manager Janus Henderson Group has revealed that CNO Financial Group, a nationwide life and health insurer and financial services provider, will acquire a minority interest in Victory Park Capital Advisors (VPC), its majority-owned alt...

Posted: Sep 24, 2025