Reinsurance News

Protecdiv names Joe Monaghan as Independent Non-Executive Director

Protecdiv, a re/insurance brokerage firm, has announced the appointment of Joe Monaghan as an Independent Non-Executive Director on its Board of Directors, effective immediately. Monaghan currently serves as Chief Executive Officer of Euclid Mortg...

Posted: Oct 08, 2025

Rising weather losses and labour shortages strain UK insurers: Gallagher Bassett

Increasingly frequent catastrophic weather events, seasonal surges, and a tightening skilled labour market have led UK insurers to struggle in responding nimbly to rising claims volumes, according to Gallagher Bassett’s latest analysis. Gallagher...

Posted: Oct 08, 2025

Hannover Re appoints new General Manager for Life & Health in Malaysia

Hannover Re, the reinsurance company, has announced the appointment of Kantaporn Thejatunga (Jan) as General Manager of Life & Health at its Malaysian Branch in Kuala Lumpur. Thejatunga will be responsible for driving Hannover Re’s strategic i...

Posted: Oct 08, 2025

New Zealand’s NHC to seek reinsurance broking services ahead of 2027 renewal

The Natural Hazards Commission Toka Tū Ake (NHC) has announced plans to begin a new procurement process for reinsurance broking services, as it looks ahead to the next stage of its reinsurance programme starting in 2027. The Crown entity, which pr...

Posted: Oct 08, 2025

MS Amlin expands APAC team with three new reinsurance underwriters

MS Amlin, the Lloyd’s global insurer and reinsurer, has strengthened its Asia Pacific (APAC) team with the appointments of three new reinsurance underwriters. Darren Toh has been named Senior Underwriter, effective 6th October 2025. Based in Singa...

Posted: Oct 08, 2025

Acrisure launches brand in Brazil with Ximenez as Head of Reinsurance

Isabella Costa Ximenez has been appointed as Executive Director, Head of Reinsurance of Acrisure Brasil Corretora de Resseguros LTDA. Her appointment coincides with the official launch of the Acrisure brand in Brazil, and marks Acrisure Re’s first...

Posted: Oct 08, 2025

Specialty brokers central to help close protection gap but face constraints: LIIBA

Specialty brokers are “central to closing the innovation gap,” which is driving a widening protection gap, but their ability to innovate could be constrained without more support from regulators, governments, and the wider market, a report publish...

Posted: Oct 08, 2025

Howden US welcomes Michael Landa as Vice Chairman

Insurance broker Howden US has announced the appointment of Michael Landa as Vice Chairman and Member of the US Executive Committee. Based in Miami, Landa’s responsibilities will include expanding Howden’s US retail broking footprint and sup...

Posted: Oct 08, 2025

FurtherAI secures $25m Series A to transform insurance workflows with AI

FurtherAI, an artificial intelligence (AI) startup for insurance, has announced that it has raised $25 million in a Series A funding round led by Andreessen Horowitz, aimed to automate insurance workflows with artificial intelligence (AI). This fu...

Posted: Oct 08, 2025

AIG appoints Tom Horn as CFO, EMEA

Global insurer American International Group, Inc. (AIG) has announced the appointment of Tom Horn as Chief Financial Officer (CFO), EMEA. Horn succeeds Roberto Nard, who will retire from AIG at the end of 2025 after 36 years in the industry, inclu...

Posted: Oct 08, 2025

HSB to protect small businesses with new cyber insurance & incident response solution

HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Desp...

Posted: Oct 07, 2025

Nick Clay to lead Chubb’s Renewable Energy & Alternative Fuels Industry Practice

Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternative Fuel (REAF) Industry Practice Lead for UK & Ireland. Clay will lead Chubb’s new Renewable Energy & Alternative Fuels Industry Practice, w...

Posted: Oct 07, 2025

Ransomware attacks to surge 40% by 2026 amid AI and cloud vulnerabilities: QBE

Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named victims expected to rise by 40% by the end of 2026, a new QBE report warns. The report, titled Cloud cover: forecasting digital disruption in a cyb...

Posted: Oct 07, 2025

O’Donnell joins Howden US as Practice Head of Logistics

Global insurance broking group Howden has appointed Tom O’Donnell as Practice Head of Logistics, Howden US. O’Donnell, who holds over 25 years of experience, joins Howden from Aon, where he has held leadership roles since 2016, most recently as Lo...

Posted: Oct 07, 2025

Fortegra secures box in Lloyd’s underwriting room

Fortegra Group, a global specialty insurer and subsidiary of Tiptree Inc., has secured a box in the underwriting room at Lloyd’s. Fortegra will operate from Box 388 on the third gallery in the Lloyd’s underwriting room, effective immediately...

Posted: Oct 07, 2025

CFC appoints John Keebler and Morgan Justice to US cyber team

CFC, a specialist insurance provider focused on emerging risks and cyber, has established a new US-based cyber development team and expanded its regional presence with the appointments of John Keebler and Morgan Justice. CFC has named Keebler as i...

Posted: Oct 07, 2025

Australia sees 25% decrease in nat cat insured losses in 2024-25: ICA

Over the 12 months to 30 June 2025, Australia saw a 25% decrease in total insurance losses from natural catastrophe events, falling from $2.61 billion in 2023–24 to $1.97 billion in 2024–25, according to the Insurance Council of Australia (ICA). D...

Posted: Oct 07, 2025

Coalition Re unveils new early detection system for potential cyber exposures

Coalition Re, the standalone cyber reinsurance intermediary of Coalition, has announced its Live Event Response offering, a new reporting capability that alerts cedants when policyholders may be exposed to an unfolding cyber event, such as a zero-...

Posted: Oct 07, 2025

DXC launches AI-powered SaaS solution for small and mid-sized insurance brokers

DXC Technology, a global technology services provider, has launched Assure Broking Essentials, a new AI-powered, multi-tenant SaaS solution, designed to help small and mid-sized insurance brokers. This new platform aims to address the challenges o...

Posted: Oct 07, 2025

Rokstone expands Singapore marine operation with Seah and Hui Ling appointments

Rokstone, an international specialty re/insurance MGA, has expanded its Asia Pacific marine operation in Singapore with the appointment of two highly experienced senior underwriters: Sharon Seah and Hui Ling Long. With over 35 years of experience,...

Posted: Oct 07, 2025

Lockton advises Marinus Link on Financial Close for subsea interconnector project

Lockton, an independent insurance broker, has advised Marinus Link Pty Ltd (MLPL) in reaching Financial Close on its landmark subsea interconnector between Tasmania and mainland Australia. Marinus Link is a proposed undersea and underground electr...

Posted: Oct 07, 2025

Bishop Street Underwriters acquires London-based MGA Avid

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Avid Insurance, a niche multi-disciplined managing general agent (MGA) based in London. This acquisition, closed on October 3, 2025, with all requisite regulato...

Posted: Oct 07, 2025

Carrow Insurance launches new A&H products for UK employers

Carrow Insurance, a specialist MGA, has introduced a new range of Accident & Health (A&H) products in the UK, tailored for corporate and affinity businesses. Supported by Mission, Carrow is offering brokers new capacity, responsive underwr...

Posted: Oct 07, 2025

Davies launches new agentic AI features to its ClaimPilot product suite

Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has deve...

Posted: Oct 07, 2025

Lemonade adds PayPal CMO Geoff Seeley to its Board

AI-powered digital insurance company Lemonade has named Geoff Seeley, Chief Marketing Officer of PayPal, to its Board of Directors. Along with Seeley, Lemonade’s current board of directors is now composed of Lemonade co-founders Daniel Schreiber a...

Posted: Oct 07, 2025