Reinsurance News
Concirrus, provider of AI-centric insurance solutions, has become the first insurtech company worldwide to secure three major internationally recognised certifications: ISO/IEC 42001 (AI Governance), ISO/IEC 27001 (Information Security Management)...
Posted: Aug 22, 2025
Aon has revealed that in October 2025, Phil Smaje will assume the role of Global Industry Specialty Leader, Transportation & Logistics, succeeding Lee Meyrick, who will become Chair of a newly created Risk Capital Transportation & Logistic...
Posted: Aug 22, 2025
Moody’s Ratings, the credit rating agency, has upgraded Ryan Specialty, LLC, a provider of specialty insurance solutions, to reflect the company’s stronger market position and improved financial profile. Ryan Specialty’s corporate family rating wa...
Posted: Aug 22, 2025
Bermuda-domiciled insurer and reinsurer Everest Group has appointed Laura Hay as an independent, Non-Executive member of its Board of Directors. Hay has over three decades of industry experience, and before her retirement in 2023 she was Global He...
Posted: Aug 22, 2025
Green Shield Risk Solutions, a managing general agent (MGA) focused on high-risk insurance markets, has launched its new homeowners programme, Guardian Elite Home. Developed specifically for wildfire-prone areas in Colorado and California, the pro...
Posted: Aug 22, 2025
The Board of Directors of US-based independent reinsurance broker, Holborn Corporation, have unanimously approved the promotion of Stephanie Rabin to Executive Vice President (EVP) and Chief Operating Officer (COO). In the new role, she will conti...
Posted: Aug 22, 2025
According to a new report from AM Best, Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, which is seen as credit positive. With economic moment...
Posted: Aug 22, 2025
Swiss Re Corporate Solutions’ US Chief Executive Officer (CEO), Adrian Hall, has highlighted the increasing threats posed by extreme heat, noting that the risk is now a direct threat to physical assets as he calls for the risk to be at the c...
Posted: Aug 21, 2025
Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a sub...
Posted: Aug 21, 2025
Pen Underwriting, the multi-class multi-territory managing general agent, has struck a strategic partnership with hybrid insurer Bridgehaven Specialty UK Limited, in support of the UK solicitors’ professional indemnity (PI) market. According to Pe...
Posted: Aug 21, 2025
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $184 million or $145 million, after-tax for July. The company reported that the cat losses stemmed from 19 wind and hai...
Posted: Aug 21, 2025
Reinsurance Group of America (RGA) is the world’s largest reinsurer focused solely on life reinsurance and ranks third overall among companies that also write non-life reinsurance, based on AM Best’s full-year 2024 data for firms reporting under n...
Posted: Aug 21, 2025
Insurance broker and risk advisor Marsh, a Marsh McLennan business, has announced the appointments of Brian Glod as Global Head of Aviation and Space and Tony Ambrose as Global Chairman of Aviation and Space, effective September 1. Based in New Yo...
Posted: Aug 21, 2025
The Managing General Agents’ Association (MGAA) has released its 2025 Annual Report, highlighting “a year of strong growth, innovation, and industry-wide impact across the MGA sector.” The report, which covers the period from August 2024 to July 2...
Posted: Aug 21, 2025
Coterie Insurance, a tech-enabled and data-focused managing general agent (MGA), has appointed Mike Albert as Chief Technology Officer and Allan Egbert as Chief Platform Officer. Albert and Egbert have worked with Coterie as advisors since early 2...
Posted: Aug 21, 2025
Somerset Life Re, a new reinsurance company domiciled in Bermuda and a subsidiary of Somerset Re, has received a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) from AM Best. The ratings reflect t...
Posted: Aug 21, 2025
XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of three new underwriters: Will Pinson, Janet Christenberry, and Charles Bethishou. The hires expand XPT Specialty’s operations into Atlanta and...
Posted: Aug 21, 2025
Mike van der Straaten, Chief Executive Officer of Antares Global, a provider of insurance and reinsurance capacity, has said that the balance of power is shifting back towards buyers of reinsurance, with greater competition and gradually returning...
Posted: Aug 21, 2025
According to analysts at Howden, the global insurance and reinsurance broking group, after a “relatively restrained” January 1st aviation renewal, a series of high-profile losses and evolving dynamics in the first half of 2025, market...
Posted: Aug 21, 2025
Markel Insurance, the insurance division of Markel Group Inc., has appointed Alain Paris as Vice President, Product Line Leader – Primary Casualty, effective immediately. In this new role, Paris will be responsible for leading the primary ca...
Posted: Aug 21, 2025
Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a new green credit insurance offering. The expansion builds on Oka’s carbon products, and aims to de-risk a wider range of su...
Posted: Aug 21, 2025
Islamic and Takaful insurers in the Gulf Cooperation Council (GCC) are expected to see a sharp decline in earnings in 2025, despite continuing to benefit from solid revenue growth, according to S&P Global Ratings. S&P, a provider of credit...
Posted: Aug 21, 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Eric Judd as an Executive Underwriter, based in New York, as the firm continues to build its energy underwriting team in the Americas. Jud...
Posted: Aug 21, 2025
According to AM Best, a credit rating agency and data provider specialising in the insurance industry, unstable legal trends in the US could cause casualty reinsurance to reach a tipping point where pricing no longer compensates for the volatility...
Posted: Aug 21, 2025
Ryan Financial Lines, a managing general underwriter (MGU) within Ryan Specialty Underwriting Managers, has expanded its national Insurance Agents & Brokers (IAB) E&O Program to offer an admitted product available in all US states except C...
Posted: Aug 21, 2025