Reinsurance News
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
In early 2025, President Trump established the FEMA Review Council to propose reforms aimed at improving the nation’s emergency management and disaster response systems. The Reinsurance Association of America (RAA), a trade association representin...
Posted: Sep 10, 2025
The Centre for Disaster Protection, an organisation dedicated to helping countries better prepare for and finance responses to disasters, has announced the appointment of Ben Webster as Associate Director, effective 8 September 2025. Webster joins...
Posted: Sep 10, 2025
Laplace Alternative Risk Transfer Solutions, a newly established managing general underwriter (MGU) focused on alternative risk transfer (ART), has officially launched its structured insurance programmes for large corporate clients with complex or...
Posted: Sep 09, 2025
Applied Systems has acquired Cytora, a digital risk processing platform for the insurance industry. Applied Systems explained that the acquisition will combine Cytora’s AI-driven risk digitisation platform with Applied’s insurance solutions for ag...
Posted: Sep 09, 2025
Canopius Group, a specialty and P&C re/insurer, has announced the appointment of Ray Wong as Energy Underwriter, effective 4 September 2025. Wong will be based in Singapore, joining the APAC Energy team under the leadership of Johnny Kim, Head...
Posted: Sep 09, 2025
Hannover Re, the reinsurance group, shared its latest insights on global re/insurance markets during the 2025 Monte Carlo Rendezvous. The company reports that geopolitical tensions and ongoing conflicts continue to affect the marine and offshore e...
Posted: Sep 09, 2025
Speaking with Reinsurance News at the 67th Rendez-Vous de Septembre in Monte Carlo, QRG executives Nick Pomeroy and John Harris described how the London-based Lloyd’s specialist combines agility and deep market experience to deliver international...
Posted: Sep 09, 2025
AM Specialty Insurance Company (ASIC), a domestic excess and surplus insurer and accredited reinsurer, has promoted Olivia Barder to Group Chief Operating Officer (COO). This promotion highlights ASIC’s focus on building a strong leadership...
Posted: Sep 09, 2025
Fitch Ratings, a provider of credit ratings, research, and analysis, reports that abundant global reinsurance capacity is intensifying competition and weighing on reinsurers’ earnings worldwide, including in Latin America. Fitch explains that inte...
Posted: Sep 09, 2025
At the Monte Carlo Rendez-Vous de Septembre on 8 September, Berenberg, the German investment bank and equity research firm, reported that large, diversified reinsurers are in a stronger position to navigate the current softening market than their...
Posted: Sep 09, 2025
InEvo Re, a life reinsurer established by Macquarie Asset Management, has entered into a reinsurance agreement with a U.S.-based life insurer covering approximately $1 billion of long-dated liabilities. This new announcement marks a major mileston...
Posted: Sep 09, 2025
During RVS 2025 in Monte Carlo, Stefan Golling, Member of the Board of Management at Munich Re, urged the re/insurance industry to step up efforts in actively selling cyber insurance and related services, particularly to clients who currently lack...
Posted: Sep 09, 2025
ACORD Solutions Group, a provider of digital solutions for the insurance sector, has reported a notable increase in reinsurance transactions processed through its ADEPT platform. Transactions rose 73% from 2024 to 2025, representing more than a 30...
Posted: Sep 09, 2025
Certa has announced an increase in its available Lloyd’s capacity for non-US primary tax risks, now reaching up to £157 million. Certa is an independent specialist underwriting agency and Lloyd’s Coverholder providing tailored tax insurance...
Posted: Sep 09, 2025
In a recent interview with Reinsurance News, Isabelle Clausner, Vice President and Client Executive, and Gavin Lillywhite, SVP Operating Leader UKI & Europe at Xceedance, shared their perspectives on some of the most pressing issues facing the...
Posted: Sep 09, 2025
Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said this morning at the company’s briefing in Monte Carlo at RVS 2025, that there will be areas of softness and hardness in the non-catastrophe...
Posted: Sep 09, 2025
The insurance industry has launched The Spark, a global prevention laboratory aimed at transforming the insurance industry’s approach from reacting to losses to preventing them before they occur. The Spark brings together re/insurers and brokers,...
Posted: Sep 09, 2025
Unless the market experiences an additional $16 billion in net reinsurance losses between now and year-end, AM Best’s composite of top global reinsurers are set to meet their cost of capital in 2025. In a new report released at the Rendez-Vo...
Posted: Sep 09, 2025
In an interview with Reinsurance News around RVS 2025, James Willison, Managing Director at Web Connectivity Limited (WCL), said the Velonetic build of the new Blueprint Two infrastructure was reported as being complete in May this year and the ch...
Posted: Sep 09, 2025
Speaking at the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Michael Cook, Partner at PwC, emphasised that artificial intelligence (AI) will serve as a catalyst to remove friction from workflows in the re/insurance industry, which has the p...
Posted: Sep 09, 2025
MAPFRE, a Spanish insurer and insurance group in Latin America, has joined the consortium of climate insurer Blue Marble as its newest owner through an investment in the company. Blue Marble is backed by a consortium of insurers committed to closi...
Posted: Sep 09, 2025