Reinsurance News
Assurex Global, a privately held commercial insurance, risk management, and employee benefits brokerage group, has launched AG London, a London broker purpose-built for the independent community. Consolidation has reshaped the London market, with...
Posted: Sep 12, 2025
DUAL Europe has launched its cargo insurance business, effective September 1st, 2025, led by Chris Wittoeck as Head of Cargo, marking the strategic expansion of the firm’s marine proposition following the successful rollout of its Marine hub...
Posted: Sep 12, 2025
Consilium, a speciality re/insurance wholesale broker, has announced plans to establish a new office in Kingston, Jamaica, subject to regulatory approval, with Max Pragnell serving as Managing Partner for the office. The Kingston location is part...
Posted: Sep 12, 2025
Zurich Resilience Solutions (ZRS), the commercial risk advisory unit of Zurich Insurance Group, has expanded its comprehensive climate resilience offerings, Climate Spotlight, to Asia Pacific. This advanced climate risk analysis tool supports smar...
Posted: Sep 12, 2025
Guy Carpenter, a reinsurance and risk advisory firm, reports in its Global Specialties Market Update on the current dynamics shaping the Credit, Bond & Political Risk (CBPR) market. According to Guy Carpenter, the global insurance environment...
Posted: Sep 11, 2025
Allianz Europe B.V. and Jio Financial Services Ltd (JFSL) have formally incorporated their reinsurance joint venture in India, naming the new entity Allianz Jio Reinsurance Ltd (AJRL). The joint venture received its certificate of incorporation fr...
Posted: Sep 11, 2025
Accelerant, a company that operates a data-driven Risk Exchange for specialty insurance, has established a risk capital partnership with AF Specialty, the specialty programme and delegated underwriting division of Michigan-based AF Group. The arra...
Posted: Sep 11, 2025
A parametric insurance policy has been triggered to provide relief to nearly 120,000 people in Syria after one of the country’s worst droughts in half a century, through an initiative funded by Humanity Insured as part of a wider public–private pa...
Posted: Sep 11, 2025
According to Gartner, Inc., a research and advisory firm specialising in business and technology insights, risk, audit, and compliance leaders should work toward developing what the company calls “reflexive risk ownership.” This approach describes...
Posted: Sep 11, 2025
According to WTW, an advisory, broking, and solutions company, US commercial insurance rates increased by 3.8% in the second quarter of 2025, continuing a downward trend from the previous quarters (5.3% in Q1 2025 and 5.6% in Q4 2024). These findi...
Posted: Sep 11, 2025
HDI Global SE, part of the Talanx Group, has appointed Bob van Alphen to lead one of its two regionally structured Engineering Underwriting teams. He will be based at the company’s headquarters in Hannover and will report to François Périquet, Glo...
Posted: Sep 11, 2025
KBW has revealed that its primary takeaway from the Reinsurance Rendezvous is that, absent very significant near-term losses, property catastrophe reinsurance rates are likely to fall by at least 10% at the January 1, 2026 renewals, leaving the fi...
Posted: Sep 11, 2025
According to AM Best, a credit rating agency and provider of financial data and analysis for the insurance industry, US private mortgage insurers continue to transfer a significant portion of their premiums to reinsurers, with the share going to u...
Posted: Sep 11, 2025
Marsh, a firm providing insurance broking and risk management services, has announced that Jonathan Prinn will take on the role of Placement Leader at Marsh Specialty UK, in addition to his current position as Chief Business Officer, effective imm...
Posted: Sep 11, 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has introduced six significant updates to its UK SME cyber insurance offering, reinforcing its commitment to evolving coverage in line with emerging risks and helping b...
Posted: Sep 11, 2025
Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines. Thienenkamp and Ohashi, who both join Som...
Posted: Sep 11, 2025
PwC, a professional services firm, has released new research titled Reinsurance 2035: Rethinking the Risk Business, presenting its perspective on how the reinsurance sector may develop over the next decade and beyond, with a particular focus on th...
Posted: Sep 11, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the launch of a single integrated third-party division, bringing together its financial and professional (FinPro) and casualty operations across the UK and MENA...
Posted: Sep 11, 2025
Compre Group, the Bermuda-domiciled international specialty reinsurance group, has appointed Dominic Clayden to the newly created role of interim global claims director. Clayden has held senior roles across the industry, including group chief clai...
Posted: Sep 11, 2025
BPL, an insurance broker focusing on credit and political risk, has named Grahame Chilton (“Chily”) as Non-Executive Chairman. Chily has over 45 years of experience in the insurance industry, including leading roles at Benfield, where he oversaw i...
Posted: Sep 11, 2025
At its Excelerate 2025 conference, Earnix presented a new set of AI-based solutions aimed at the insurance sector. These tools are designed to support faster decision-making and more personalised customer interactions, while meeting the requiremen...
Posted: Sep 11, 2025
AmTrust Financial Services, Inc., a global specialty property casualty insurer, has appointed Carl Canales as Executive Vice President (EVP), Head of Field Operations for North American P&C. Based in Boston, Canales will oversee AmTrust’s Fiel...
Posted: Sep 11, 2025
Guy Carpenter, a risk and reinsurance advisory firm, states in its Global Specialties Market Update that the marine and energy insurance sector is entering a period of reassessment, shaped by major losses, geopolitical pressures, and shifts in rei...
Posted: Sep 11, 2025
Willis, a WTW business, has announced the launch of its Global Risk Engineering team, an enhancement to its Global Risk & Analytics (R&A) operations. The team brings together Willis’ engineering expertise in a unified structure, designed t...
Posted: Sep 11, 2025
Ryan Specialty Holdings, Inc., an international specialty insurance firm, has appointed reinsurance industry veteran Michael G. Bungert to its Board of Directors, and as a member of its Compensation and Governance Committee, effective September 3r...
Posted: Sep 11, 2025