Reinsurance News

MSIG Europe announces leadership transition as Patrick Smolka prepares to depart

MSIG Europe SE, a recognised provider of P&C and marine insurance solutions across the continent, has announced an upcoming shift within its senior underwriting team. Patrick Smolka, who has served as one of MSIG Europe’s Chief Underwriting Of...

Posted: Dec 04, 2025

CCRIF introduces Livelihood Protection Policy to support vulnerable groups after severe weather even...

CCRIF, a regional risk pooling organisation that provides parametric insurance to Caribbean and Central American governments, has introduced the Livelihood Protection Policy (LPP) in Jamaica as the country continues to deal with the aftermath of H...

Posted: Dec 04, 2025

Munich Re’s American Modern appoints Eric Hunziker Chief Digital and Operating Officer

American Modern Insurance Group, Inc., a specialist insurance provider and part of Munich Re, has confirmed that Eric Hunziker has taken on the position of Chief Digital and Operating Officer (CDOO), replacing Paul Schneider, who is set to retire...

Posted: Dec 04, 2025

Hong Kong fire to add pressure to P&C sector’s earnings: S&P

A new review by S&P Global Ratings notes that losses from the recent destructive fire at a Hong Kong residential complex are likely to further strain the underwriting performance of the territory’s property and casualty (P&C) insurance ind...

Posted: Dec 04, 2025

AM Best shifts Conduit Re’s outlook to stable and reaffirms strong ratings

AM Best, the credit rating agency, has adjusted its outlook on Conduit Reinsurance Limited (Conduit Re) from positive to stable. The agency also confirmed Conduit Re’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rat...

Posted: Dec 04, 2025

Tiptree shareholders approve sale of Fortegra to DB Insurance

Tiptree has announced that its shareholders have approved the previously disclosed agreement for DB Insurance Co., Ltd. to acquire all outstanding shares of The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree, at the com...

Posted: Dec 04, 2025

Swiss Re promotes Nicole Pieterse to Chief People Officer

Zurich-domiciled global reinsurance company, Swiss Re, has promoted Nicole Pieterse to the role of Chief People Officer, effective January 1st, 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons. Currently...

Posted: Dec 04, 2025

Ryan Specialty completes acquisition of Canadian MGU SSRU

Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazar...

Posted: Dec 04, 2025

Everest names Bradica as Group Chief Actuary and Kerényi as CRO

Bermuda-based insurer and reinsurer, Everest Group, has appointed Katy Bradica as its new Group Chief Actuary, and named Attila Kerényi as Group Chief Risk Officer, both effective early January 2026. The pair join the firm’s executive leader...

Posted: Dec 04, 2025

Lloyd’s Market Association introduces expanded Emerging Litigation Forum

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has announced the creation of the Emerging Litigation Forum (ELF). Introduced by the LMA, this new Forum takes the place of the Envir...

Posted: Dec 04, 2025

Royal London secures £55m BPA transaction as deal pipeline expands

Royal London, a mutual provider of life, pensions, and investment solutions, has secured a £55 million bulk purchase annuity (BPA) transaction with the Trustees of the Steamship Insurance Management Services Limited Pension and Assurance Scheme. S...

Posted: Dec 04, 2025

Xceedance introduces Manila talent hub to strengthen global insurance support

Xceedance, known for its consulting, technology, data, and operational solutions for insurance organisations, has broadened its footprint in Asia with the launch of a new talent hub in Manila, Philippines. The addition is intended to strengthen th...

Posted: Dec 04, 2025

Zurich North America appoints Tom Morelli as US Head of Energy

Zurich North America, the commercial property and casualty insurer, has announced the appointment of Tom Morelli to the newly created role of U.S. Head of Energy, where he will lead a new strategic business unit within Specialties. Based in New Yo...

Posted: Dec 03, 2025

Ransomware spreads into emerging markets, re/insurers prioritise efficiency & margin stability: Cybe...

Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report. The research highlights a significant shift in...

Posted: Dec 03, 2025

AI’s shift from hype to practical adoption gathers momentum, says hx CEO

Amrit Santhirasenan, CEO of hyperexponential, says AI is moving beyond hype into practical adoption, and in 2026, the winners will be insurers who invest intelligently in technology and modernise their infrastructure to unlock value. Santhirasenan...

Posted: Dec 03, 2025

QBE names Sebastian Tjornelund as Asia Head of Marine Underwriting

QBE, an international insurer and reinsurer, has announced the appointment of Sebastian Tjornelund as Asia Head, Underwriting, Marine, effective 1st December 2025. In his new role, Tjornelund will shape and implement QBE Asia’s strategy for its ma...

Posted: Dec 03, 2025

AM Best maintains stable outlook on U.S. commercial lines segment

AM Best is maintaining its stable outlook for the U.S. commercial lines market, citing the segment’s strong underwriting and overall operating performance, despite variability across individual lines of business. Additional factors supporting AM B...

Posted: Dec 03, 2025

Ryan Specialty Underwriting Managers launches public entity MGU

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the launch of Ryan Specialty Public Entity, a managing general underwriter (MGU) focused on the public sector. Led by Chris Connache...

Posted: Dec 03, 2025

2025 hurricane season sees record share of Category 5 storms: MS Amlin

Although the 2025 North Atlantic hurricane season appeared relatively benign, it saw a record share of storms reach Category 5 status, serving as a warning of the supercharged storms the industry will likely face more often in a warming world. Com...

Posted: Dec 03, 2025

Parametrix provides rapid claims payments following AWS outage

Parametrix, a provider of digital business interruption solutions, has revealed that it has already paid claims to clients affected by the Amazon Web Services (AWS) outage on 20th October 2025, allowing affected businesses to recover quickly. On M...

Posted: Dec 03, 2025

Economic downturn fears top G20 business leaders’ risk concerns: WEF

Fears relating to an economic downturn continue to dominate concerns cited by G20 business leaders, according to the Executive Opinion Survey 2025, conducted by the World Economic Forum and released by its strategic partners Marsh McLennan and Zur...

Posted: Dec 03, 2025

Duck Creek names Rajesh Raheja as CTO

Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as Chief Technology Officer (CTO). In the new role, Raheja will lead the firm’s global technolog...

Posted: Dec 03, 2025

Swiss Re addresses rising mental health claims with AI-powered Wysa app: Paul Murray

Paul Murray, CEO Life & Health Reinsurance at Swiss Re, highlighted that mental health claims have increased significantly this year, noting that the reinsurer is managing the trend through its AI-powered Wysa app, which has already shown meas...

Posted: Dec 03, 2025

Bridgehaven completes acquisition of SureStone

UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the...

Posted: Dec 03, 2025

Pacific Life Re names Soichiro Makimoto as Head of Japan Representative Office

Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as Head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will enhance Pacific L...

Posted: Dec 03, 2025