Reinsurance News
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
Artificial intelligence (AI) is set to have a profound impact on claims handling, according to Michael Cook, partner at PwC UK, who spoke during the firm’s Global Insurance Run-Off Survey and Insights on the Legacy Market briefing at RVS 2025 in M...
Posted: Sep 10, 2025
Sompo Holdings, Inc., one of Japan’s leading insurers, has partnered with WTW, an insurance and reinsurance broking group, to deploy its Radar technology across the insurance group to accelerate data-driven management across pricing, underwriting,...
Posted: Sep 10, 2025
Atrium, a specialty insurance group at Lloyd’s, has announced the appointment of Mark Connellan as Underwriter in its Aviation team. In this role, Connellan will work alongside Bassel Matta, Head of Aviation, strengthening the team’s position in t...
Posted: Sep 10, 2025
ZestyAI, a company specialising in AI-driven property risk analytics, has introduced a new feature in its Severe Convective Storm risk suite that allows insurers to update risk scores based on property improvements. The company, which provides dat...
Posted: Sep 10, 2025
Fitch Ratings, a provider of credit ratings, commentary, and research, reported that the US property and casualty (P&C) insurance sector delivered notably strong underwriting results in the first half of 2025 and is expected to remain profitab...
Posted: Sep 10, 2025
Kettle, an AI-enabled re/insurer for commercial property owners in areas affected by catastrophic climate events, has appointed Chris Kaarre as Senior Vice President (SVP) of Underwriting. Kaarre has extensive experience in the insurance industry,...
Posted: Sep 10, 2025
Speaking at the Monte Carlo Rendez-Vous de Septembre, Carmen Bueso, CUO Non-Life at MAPFRE RE, said the firm does not anticipate major changes at the 1/1 2026 renewals, maintaining its client-focused approach underpinned by strong technical discip...
Posted: Sep 10, 2025
Tokio Marine Kiln (TMK), a specialist insurer, has named Phoebe Liew as Special Risks Underwriter with a focus on Credit and Political Risk. Based in Singapore, she steps into the role immediately and will report to Cindy Gunawan, Head of Special...
Posted: Sep 10, 2025
London headquartered insurance platform Apollo is expanding its presence in the re/insurance sector, with Director of Strategic Partner Syndicates Andy Gray and Chief Engagement Officer and Head of New Business Development, Matt Newman, sharing in...
Posted: Sep 10, 2025
SageSure has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company. The transaction is expected to close in the first quarter of 2026,...
Posted: Sep 10, 2025
Munich Re, the reinsurance company, reports that growth in cyber insurance premiums is slowing, as heightened competition and a moderate decline in demand put downward pressure on prices. Global cyber insurance premiums reached nearly $15 billion...
Posted: Sep 10, 2025
According to AM Best, a composite of seven reinsurance groups domiciled in the US and Bermuda—where reinsurance constitutes the majority of their underwriting portfolios—continued to demonstrate favourable performance in 2024. The seven companies...
Posted: Sep 10, 2025
Chedid Re, an independent reinsurance broker and part of Chedid Capital, has announced the appointment of Claude Kassab as Head of Asia-Pacific (APAC). In this role, he will be responsible for managing both facultative and treaty operations across...
Posted: Sep 10, 2025
McGill and Partners has reported organic revenue growth of more than 20% in H1 2025 and a significant increase of 79% in adjusted EBITDA, against H1 2024. Alongside the announcement of these record results, McGill and Partners revealed it has also...
Posted: Sep 10, 2025
European property and casualty (P&C) insurance run-off group Marco Capital has acquired Benteler Reinsurance Company DAC in an undisclosed transaction. Incorporated in January 2003, Benteler Re is a captive reinsurance company wholly owned by...
Posted: Sep 10, 2025
While higher volumes, stronger investment income and diversification are helping offset the impact of softening prices, analysts at Berenberg believe another key driver of rising reported profits is reinsurers’ allocation of part of their strong u...
Posted: Sep 10, 2025
In a recent Reinsurance News interview at the Monte Carlo Rendez-Vous conference, Mark Pepper, Group Chief Underwriting Officer at Ascot, the specialty re/insurance group, shared his perspective on the upcoming January 1 renewals. As Pepper explai...
Posted: Sep 10, 2025
Guy Carpenter, a risk and reinsurance advisory firm, reports in its Global Specialties Market Update that aviation insurance is shifting due to major airline losses and rising smaller-scale claims. In the United States, the general aviation sector...
Posted: Sep 10, 2025
At this year’s RVS in Monte Carlo, the conversations have gone beyond the topic of rates and pricing, shifting to the broader evolution of the industry itself, Jim Bichard, Global Insurance Leader at PwC, stated in an interview with Reinsura...
Posted: Sep 10, 2025
UK-domiciled flood science specialist JBA Risk Management has launched an updated version of its probabilistic India crop catastrophe model for insurers and reinsurers, incorporating enhanced market data, crops, seasons, and districts to provide b...
Posted: Sep 10, 2025
South African general insurer Santam has appointed Rob Vetch as Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of Santam Syndicate 1918. The insurer has appointed a senior executive team to help lead Santam Syndicate 1918, followi...
Posted: Sep 10, 2025