Reinsurance News
Balavant Insurance Group has announced two key leadership promotions: Tracy Bernard as Chief Program Officer of Balavant, and Krissy Kyjovsky to Executive Vice President of Tangram. In her new role, Bernard will be responsible for guiding product...
Posted: Oct 06, 2025
AM Best, the credit rating agency, reported that US property and casualty (P&C) mutual insurance companies achieved a net income of $26.0 billion in 2024, a notable rebound from a $10.8 billion net loss in 2023. AM Best evaluates the financial...
Posted: Oct 06, 2025
Phinsys, a finance automation software provider for the insurance and reinsurance industry, has entered into a strategic partnership with Dynamo Analytics, a consultancy and software provider, to integrate finance and actuarial processes for insur...
Posted: Oct 06, 2025
Willis, a business of insurance and reinsurance broker WTW, has appointed Ollie Moore as Head of Broking, Pacific, effective immediately. In his new role, Moore will enhance Willis’ broking strategy, drive innovation, and strengthen partnerships w...
Posted: Oct 06, 2025
S&P Global Ratings, an international credit rating agency, has upgraded its outlook on Milli Reinsurans T.A.S. (Milli Re) to positive from stable, while reaffirming the company’s long-term issuer credit and insurer financial strength ratings a...
Posted: Oct 06, 2025
Howden, the global insurance and reinsurance broking group, has announced the appointment of Christine Palomba as Deputy Head, Natural Resources, Howden US. The appointment follows Howden’s recent entry into the U.S. retail market, led by Mike Par...
Posted: Oct 06, 2025
Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. casualty segment leader of the firm’s Reinsurance Solutions business. Nudo joined the broker in 2024 as Senior Managing Director of Reinsurance...
Posted: Oct 03, 2025
Blackstone, the alternative asset manager, has announced the appointment of Kimberly Kim as Senior Managing Director and Head of APAC Insurance Institutional Client Solutions for Blackstone Credit & Insurance (BXCI). This newly created role su...
Posted: Oct 03, 2025
American Integrity Insurance Group, Inc., a property insurance provider in the Southeast, has announced the launch of its new Commercial Residential Property Programme. The initiative is designed to offer comprehensive protection for condominium a...
Posted: Oct 03, 2025
Global reinsurer Munich Re has announced the retirement of Mary Forrest, President and Chief Executive Officer (CEO), Munich Re North America Life, effective in the first quarter of 2026. She will be succeeded by Marc-Andre Giguère, who will conti...
Posted: Oct 03, 2025
White Mountains, a Bermuda-domiciled financial services holding company, has announced it has agreed to sell most of its ownership in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC. The deal, which values Bamboo at...
Posted: Oct 03, 2025
The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...
Posted: Oct 03, 2025
The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...
Posted: Oct 03, 2025
Coface, a company providing credit insurance and risk management solutions, is strengthening its operations in Latin America with the appointment of new regional leaders. The moves support the company’s growth strategy in credit insurance, commerc...
Posted: Oct 03, 2025
There could be a material upside for reinsurers’ profits if the remainder of the 2025 Atlantic hurricane season remains light, according to a recent report by J.P. Morgan. With Q3 now complete, the period is expected to have been very good f...
Posted: Oct 03, 2025
Penn-America Underwriters (PAU), a subsidiary of Global Indemnity Group (GBLI), is launching its inaugural reinsurance managing general agency (MGA) in partnership with George Dragonetti, who will also serve as President of the new unit. For those...
Posted: Oct 03, 2025
Credit ratings agency AM Best has revised the outlooks of Renaissance Reinsurance Ltd. (RenRe) and its subsidiaries to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs), and affirmed the Financial Strength Rating (FSR)...
Posted: Oct 03, 2025
Brown & Brown, the insurance brokerage firm, has introduced a series of leadership changes within its Retail segment. The updates are part of the company’s broader effort to strengthen integration following the acquisition of Risk Strategies a...
Posted: Oct 03, 2025
Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gott & Wynne Limited (Gott & Wynne), a general insurance broker based in Llandudno, North Wales. Led by Barry Wynne, Michael Clough, and Steven Go...
Posted: Oct 03, 2025
Lloyd’s, the specialist insurance and reinsurance marketplace headquartered in London, has introduced new oversight measures for legacy reinsurance transactions. These changes, effective from 2025, strengthen the pre-transaction review process to...
Posted: Oct 03, 2025
Brokerslink, a global broking business, has announced the addition of Afkoma, an Icelandic insurance brokerage, to its international network. The move extends the network’s global reach, marking the first time an Icelandic firm has joined Brokersl...
Posted: Oct 03, 2025
mea Platform, a provider of intelligent re/insurance processing technologies, has appointed Rachel Watts as Chief Operations Officer (COO). Watts has over two decades of client implementation experience spanning re/insurance and financial services...
Posted: Oct 03, 2025
Autonomous, the research arm of AllianceBernstein known for its independent analysis of the financial sector, has extended its recent work on reinsurers to examine the impact of this year’s benign catastrophe environment on major European primary...
Posted: Oct 03, 2025
Hippo, a home insurance firm, has announced the appointment of data and artificial intelligence (AI) expert Robin Gordon as its new Chief Data Officer. In her new role, Gordon will lead the strategic growth and evolution of the company’s Data &...
Posted: Oct 03, 2025
Credit rating agency S&P Global Ratings has upgraded its outlook on SiriusPoint Ltd. and its operating subsidiaries from Stable to Positive. The upgrade reflects the Company’s consistent underwriting profits over the past two and a half years...
Posted: Oct 03, 2025