Reinsurance News

Surge in specialty carrier launches: ALIRT study

There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALI...

Posted: Sep 30, 2025

Government shutdown could pressure US economy and insurers, AM Best warns

A US government shutdown would quickly ripple through the economy and create challenges for the insurance industry, with the extent of the fallout depending on how long it lasts, according to a new analysis from AM Best, the credit rating agency....

Posted: Sep 30, 2025

Blue Ocean Re appoints Sefani Busby-Thornhill as SVP & Account Executive

Managing general agent (MGA) platform Blue Ocean Reinsurance Group has announced the appointment of Sefani Busby-Thornhill as Senior Vice President (SVP) and Account Executive. Busby-Thornhill brings more than 10 years of experience in alternative...

Posted: Sep 30, 2025

Bamboo and Accredited partner on reinsurance deal for new E&S signature program

Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, alongside specialty insurer Accredited, have completed the reinsurance program supporting the launch of their new E&S Signature program. This reinsurance placement...

Posted: Sep 30, 2025

Moore named Head of Group Captives for Zurich North America

Zurich North America has announced the appointment of Matthew Moore as Executive Vice President – Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich Nor...

Posted: Sep 30, 2025

UK Space Agency funds Howden to develop advanced biodiversity risk monitoring solution

Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and arti...

Posted: Sep 30, 2025

Howden US names Mark Peterson as Head of its Construction, Infrastructure and Surety practice

Howden, the insurance broker, has appointed Mark Peterson as Head of its Construction, Infrastructure and Surety practice in the United States. In this role, Peterson will be responsible for building the practice and developing a comprehensive sol...

Posted: Sep 30, 2025

Cyber premium growth slows, though long-term outlook still promising: Moody’s

Increased competition and stagnating demand, especially in the US, are decelerating the pace of premium growth in the global cyber insurance market for the second year in a row, Moody’s said in a new report. Citing Munich Re data, Moody’s sa...

Posted: Sep 30, 2025

Ambac finalises $420m sale of legacy financial guaranty units to Oaktree

Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac...

Posted: Sep 30, 2025

The Fidelis Partnership launches new Accident & Health MGA

The Fidelis Partnership (TFP) has announced the launch of a new managing general agent (MGA), Corsiam Specialty Limited, which will focus on underwriting a broad portfolio of global Accident & Health (A&H) insurance and reinsurance busines...

Posted: Sep 30, 2025

Talent gap a challenge for the re/insurances industry amid evolving global landscape: Toucan

The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...

Posted: Sep 30, 2025

Talent gap a challenge for the re/insurance industry amid evolving global landscape: Toucan

The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...

Posted: Sep 30, 2025

Resolution Life appoints Jeff Davies as CFO

Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has announced the appointment of Jeff Davies as Chief Financial Officer (CFO), effective 2nd March 2026. Davies will provide strategic di...

Posted: Sep 30, 2025

Ageas completes acquisition of esure from Bain Capital

International insurance group Ageas has completed its acquisition of esure from Bain Capital for a total consideration of £1.295 billion. Initially announced in April 2025, Ageas confirmed that all necessary regulatory approvals have now been obta...

Posted: Sep 30, 2025

Markel appoints Clarice Francis as Operations Manager for War & Terrorism

Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Clarice Francis as Operations Manager for War and Terrorism. In this role, Francis will focus on enhancing operational efficiency within the Internatio...

Posted: Sep 30, 2025

SiriusPoint to sell ArmadaCare MGA to Ambac for $250m

Global specialty insurer and reinsurer SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group for $250 million, while continuing its capacity partnership with Armada unti...

Posted: Sep 30, 2025

Lloyd’s and Ireland’s Department for Finance partner to drive insurtech innovation

Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. Thi...

Posted: Sep 30, 2025

QBE NA names Jayne Cunningham as SVP and Environmental Underwriting Leader

QBE North America, a provider of commercial insurance solutions, has announced the appointment of Jayne Cunningham as Senior Vice President and Environmental Underwriting Leader, reporting to Dan Fortin, President of Specialty Insurance. Based in...

Posted: Sep 30, 2025

Insurance Institute of London appoints BMS’ Dudley as its new President

The Insurance Institute of London, the largest of the Chartered Insurance Institute’s local institutes and a centre for learning and networking within the London market, has confirmed the election of Richard Dudley ACII, Chartered Insurer, as Pres...

Posted: Sep 30, 2025

Public-private risk-sharing key to closing the CBRN protection gap: GA & IFTRIP

Although chemical, biological, radiological, and nuclear (CBRN) risks remain rare, a sizeable protection gap leaves individuals, businesses, and governments exposed to major incidents, according to a joint report by the Geneva Association and the...

Posted: Sep 30, 2025

Protecdiv promotes Cate DelaCruz to EVP and Head of Analytics

Protecdiv, an insurance and reinsurance brokerage firm, has announced the promotion of Cate DelaCruz to Executive Vice President and Head of Analytics, effective immediately. In her new position, DelaCruz will be responsible for leading the ongoin...

Posted: Sep 29, 2025

Swiss Re CorSo and Bondaval to launch data-driven credit risk solution

Bondaval, a provider of technology-enabled credit insurance solutions, and Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, have partnered to launch data-driven credit risk policies that enhance the way bus...

Posted: Sep 29, 2025

Marlon Williams hired as Senior Broker at AHJ Miller Bermuda

AHJ Miller, the reinsurance division of Miller and an independent specialist re/insurance broker, has appointed Marlon Williams as Senior Broker in its Bermuda office. Williams brings more than 20 years of industry experience, covering insurance,...

Posted: Sep 29, 2025

Athene announces block reinsurance transaction with Japanese insurer Sony Life

Athene, a retirement services company and subsidiary of Apollo Global Management, Inc., has announced that it will enter into a block reinsurance transaction with Japanese insurer Sony Life Insurance Co. Ltd. Under the agreement, Athene will reins...

Posted: Sep 29, 2025

Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar

While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. The re/insurance industry is facing increasing losses as...

Posted: Sep 29, 2025