Reinsurance News

Nasent makes strategic investment in Sephira to broaden service offering

Financial services provider Nascent Group has made a strategic investment in Sephira Risk Solutions, a European-based global risk and actuarial consulting firm. According to Nascent, this investment establishes a partnership between the two firms...

Posted: Oct 07, 2025

Oneglobal acquires Bermuda-based Life and Annuity Services

Oneglobal Broking, an independent Lloyd’s broker backed by JC Flowers, has announced the acquisition of Life and Annuity Services, a Bermuda-based specialist. The acquisition, which is subject to regulatory approval, marks a key milestone in...

Posted: Oct 07, 2025

Africa Specialty Risks names Tunu Sokiri as COO

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Tunu Sokiri as Chief Operations Officer, overseeing all operational and technology functions across the firm. In particular, he will lead the transformation a...

Posted: Oct 07, 2025

MSIG USA appoints Erika Shalette as General Counsel

MSIG USA, a provider of specialty commercial insurance, has appointed Erika Shalette as General Counsel, reporting to Kent Ziegler, the firm’s Chief Financial Officer and Chief Administrative Officer. In her new role, she will oversee all le...

Posted: Oct 07, 2025

ADAS technology to have significant impact on auto insurance industry: Evercore ISI

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to...

Posted: Oct 07, 2025

Lazard appoints Cyrille Cotte as MD & Head of Insurance Europe

Financial advisory and asset management firm Lazard has announced the appointment of Cyrille Cotte as Managing Director and Head of Insurance for its European Financial Institutions Group (FIG). Based in London, Cotte will work across Europe with...

Posted: Oct 07, 2025

Indonesian re/insurers’ higher equity thresholds to accelerate consolidation: Fitch

Fitch Ratings expects that higher minimum equity thresholds for Indonesian insurers and reinsurers will accelerate market consolidation, as weaker insurers may seek additional capital to meet the tougher requirements or become acquisition targets....

Posted: Oct 07, 2025

Eman Mojali named CEO of MADA Insurance and Reinsurance Brokers

MADA Insurance and Reinsurance Brokers Company has announced the appointment of Eman Mojali as its new Chief Executive Officer (CEO). Based in Manama, Bahrain, MADA Insurance and Reinsurance Brokers is a local intermediary with a team of experienc...

Posted: Oct 07, 2025

HDI Global deploys advanced digital tool to transform nat cat risk analysis

HDI Global, a commercial and specialty lines insurer, has announced the roll out of HDI ARGOS 4.0 (Accumulation Risk Geospatial Online System), an advanced digital risk management service for its clients. This NatCat assessment tool, created in re...

Posted: Oct 06, 2025

Hannover Re appoints Hagen as General Manager within P&C Treaty

Global reinsurer Hannover Re has announced the appointment of Alexander Hagen as General Manager, taking over the role from Vincent Hermenier, who recently became Managing Director. In his new position, Hagen will be responsible for overseeing Pro...

Posted: Oct 06, 2025

Cyber insurance should complement, not replace, cybersecurity: FERMA

A new Federation of European Risk Management Associations (FERMA) report, produced in partnership with Marsh and Howden, has reinforced the message that cyber insurance should not be seen as a replacement for robust cybersecurity measures, but sho...

Posted: Oct 06, 2025

Verisk promotes Saurabh Khemka to President of Underwriting Solutions

Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has named Saurabh Khemka as President of Underwriting Solutions, effective immediately. In his new role, Khemka will oversee all of Ver...

Posted: Oct 06, 2025

Chaucer launches new cyber risk management and insurance solution

Chaucer Group, a global specialty insurance and reinsurance group, has launched Vanguard, a new cyber risk management and insurance solution designed to protect organisations against an increasingly complex and evolving threat landscape. The offer...

Posted: Oct 06, 2025

Christoph Spichtig to lead Ageas Re’s APAC Property Underwriting

Ageas Re, the reinsurance division of international insurance group Ageas, has announced the appointment of Christoph Spichtig to lead its Property Underwriting for the Asia Pacific region, a Zurich-based role. In his new role, Spichtig will lever...

Posted: Oct 06, 2025

We’re encouraged by strong focus on discipline and transparency: Swiss Re’s Ningen

In a recent interview with Reinsurance News, Monica Ningen, CEO of Property & Casualty Reinsurance for the US at Swiss Re, one of the world’s largest reinsurers, shared her perspective on the US reinsurance market and highlighted reasons...

Posted: Oct 06, 2025

MGA Helmsgate secures Lloyd’s Coverholder status, commences underwriting

OneAdvent-managed MGA Helmsgate Limited has secured Lloyd’s Coverholder status and began underwriting in this capacity on 30 September 2025, with support from a Lloyd’s managing agent and Lloyd’s broker United Insurance Brokers Limited (UIBL). Hel...

Posted: Oct 06, 2025

Hannover Re adjusts dividend policy with goal to increase it each year

In view of the firm’s very good capitalisation, the Executive Board of global reinsurer Hannover Re has decided to realign its dividend policy, set to take effect from the 2025 financial year. Under the new policy, the payout ratio for the r...

Posted: Oct 06, 2025

Gallagher Re appoints Carl Axel Holtsmark as Head of Life, A&H, Nordics

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has announced the appointment of Carl Axel Holtsmark as Head of Life, Accident & Health for the Nordics. In his new role, Holtsmark will lead the delivery of innovative reins...

Posted: Oct 06, 2025

North America reinsurance market ‘looks healthy and balanced,’ says AXA XL Re’s Schiffer

In a recent interview with Reinsurance News, Greg Schiffer, CEO of North America Reinsurance at AXA XL Re, shared his perspectives on the sustainability of current market conditions in the region and what lies ahead. We spoke with Schiffer, who jo...

Posted: Oct 06, 2025

SiriusPoint to sell 49% stake in MGA Arcadian for $139m

Global specialty insurer and reinsurer SiriusPoint has agreed to sell its 49% equity stake in managing general agent (MGA), Arcadian Risk Capital, to Lee Equity Partners for total consideration of $139 million, inclusive of a pre-close dividend. A...

Posted: Oct 06, 2025

Earnings windfalls and pricing pressure may be the talk of Q3 P&C reporting: KBW

Analysts at KBW have suggested that very low catastrophe losses, reflecting the near-total absence of U.S.-landfalling hurricanes, together with the resulting strong EPS and BVPS growth, well-funded share repurchases, and larger expected 2026 prop...

Posted: Oct 06, 2025

Commercial insurance market increasingly favourable to buyers: Willis

Following years of volatility, the commercial insurance market is entering a period of relative stability, with favourable conditions for buyers driven by abundant capital, advancing technology, and data-driven risk strategies, according to a rece...

Posted: Oct 06, 2025

Starwind Specialty establishes new Marine and Energy unit

Starwind Specialty Insurance Services, a CRC Group company, has launched a dedicated brand, Starwind Marine and Energy. As part of this initiative, Starwind Specialty will consolidate JH Blades, Southern Marine, and Energy Technical Underwriters (...

Posted: Oct 06, 2025

Miller appoints Nick Taylor as Head of Direct P&I

Miller, the independent specialist insurance and reinsurance broker, has announced the appointment of Nick Taylor as Head of Direct P&I. In his new role, Taylor will lead the development of Miller’s Direct P&I broking team, strengthening t...

Posted: Oct 06, 2025

AIG to launch new NA Commercial Insurance team following Bailey’s retirement

With Don Bailey, Executive Vice President and Chief Executive Officer of North America Commercial Insurance at AIG, set to step down at year-end, the firm has announced a new North America leadership structure that will take effect on January 1, 2...

Posted: Oct 06, 2025