Reinsurance News
A new report from Aon has hailed the attractive yet dynamic reinsurance market, noting that buyers can seize a strategic advantage amid global reinsurance capital reaching a record $735 billion as of June 30, 2025. According to the firm’s ne...
Posted: Sep 05, 2025
Independent reinsurance broker Price Forbes Re has announced the appointment of Tim Barber as CEO, London, reporting directly to Chris Bonard, president of the company. Barber brings over four decades of industry experience to his new role. As par...
Posted: Sep 05, 2025
Apollo, the technology-driven insurance platform, has received “in principle” approval from Lloyd’s Council to establish Apollo ReShare Syndicate 1972, which is expected to commence underwriting on 1st January 2026. The new syndicate will provide...
Posted: Sep 05, 2025
Only around 4% of UK SMEs currently buy terrorism insurance, a shortfall Pool Re attributes as much to a “perception gap” as to cost, with many businesses unaware that terrorism risks are excluded from standard policies, prompting a Treaty overhau...
Posted: Sep 05, 2025
Global reinsurance broker Gallagher Re has announced the appointments of Max Garratt and Russell Hails as Executive Directors for its Australia team. Garratt brings over 20 years of industry experience to his new role. He joins Gallagher Re from L...
Posted: Sep 05, 2025
Rokstone, the international specialty re/insurance managing general agent (MGA) and part of the Aventum Group, has appointed Adrianna Allman and Charles Turgeon as Senior Underwriters in its North American (NA) Inland Marine division. The appointm...
Posted: Sep 05, 2025
In a move to combat the growing challenges of extreme weather, the U.S. National Aeronautics and Space Administration (NASA) has chosen Planette, a long-range weather prediction technology company, to develop QubitCast, a next-generation forecasti...
Posted: Sep 05, 2025
Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has appointed Phil Lawson and Alex Hewlett as Class Underwriters, effective February 2026. The pair will join the delegated authority team, further strengthe...
Posted: Sep 05, 2025
AM Best, a credit rating agency and provider of insurance market intelligence, reports that reinsurers operating in the Middle East and North Africa (MENA) are facing a complex and demanding environment. According to AM Best, these market particip...
Posted: Sep 05, 2025
Bermuda-domiciled global specialty insurer and reinsurer SiriusPoint Ltd. has appointed Martin Hudson as Board Director, effective September 1st, 2025. Hudson has over four decades of international re/insurance leadership experience, spanning unde...
Posted: Sep 05, 2025
Tracy Hatlestad, Executive Managing Director and Global Property Segment Leader at Aon Reinsurance Solutions, said recently that the broker believes reinsurers will still be able to hit their target ROEs on property catastrophe books even with rat...
Posted: Sep 04, 2025
McGill and Partners, an independent global specialty insurance and reinsurance broker, has announced the appointment of Mike Reynolds as Group CFO, succeeding Dominic Mignon. Reynolds brings nearly 30 years of leadership experience in the insuranc...
Posted: Sep 04, 2025
S&P Global Ratings has released its ranking of the top 40 global reinsurers based on year-end 2024 gross reinsurance premiums written (GPW), with Swiss Re taking the top spot at $43.1 billion, overtaking Munich Re from last year. For reinsuran...
Posted: Sep 04, 2025
Global Indemnity Group, LLC (GBLI) has announced that its subsidiary, Penn-America Underwriters, LLC (PAU), has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. The...
Posted: Sep 04, 2025
Aon, a global insurance and reinsurance broking group, has announced the appointment of Qin Lu as Head of North Asia. In this role, Qin will oversee teams across Japan, Korea, Mainland China, Hong Kong, Taiwan, and Macau, uniting them under a sing...
Posted: Sep 04, 2025
Florida’s Insurance Commissioner Mike Yaworsky is penalising eight insurers a combined $2,075,000 for claims-handling violations identified during market conduct examinations for Hurricanes Ian and/or Idalia. Examinations uncovered several instanc...
Posted: Sep 04, 2025
Moody’s has announced the appointment of Simon Harris to lead its Insurance Initiative, aiming to strengthen the firm’s presence and impact in the global insurance sector. In this role, Harris will partner with MA’s Insurance Solutions group and M...
Posted: Sep 04, 2025
Tysers Insurance Brokers, an independent Lloyd’s broker and member of the Australian AUB Group, has entered a strategic partnership with insurance broker Rönesans Reinsurance & Insurance Brokerage, as part of its expansion across Türkiye and a...
Posted: Sep 04, 2025
Australian general insurers spent around AUD2.5 billion on reinsurance last financial year, a strategy that prevented the need for up to AUD70 billion in capital to cover natural disasters and other major claims, according to research from the Act...
Posted: Sep 04, 2025
S&P Global Ratings, a provider of credit ratings and financial analysis, has stated that reinsurers’ growing reliance on managing general agents (MGAs) represents both opportunity and risk. According to S&P, MGAs enable reinsurers to acces...
Posted: Sep 04, 2025
The SEADRIF Insurance Company made a payout of $2 million to the Ministry of Finance of Lao PDR on 1st September 2025, under a first-of-its-kind policy that uses official government data on the number of people affected as the sole payout trigger,...
Posted: Sep 04, 2025
Willis Re, a specialised reinsurance broker, has announced that industry veteran Neville Ching has joined the company in Bermuda to support the firm’s reinsurance joint venture. As a reminder, in December 2024, WTW confirmed its plan to re-enter t...
Posted: Sep 04, 2025
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) recorded a solid performance in 2024, showing a 10% increase in premium written, an 8.5% rise in total equity and gross written premium (GWP) increased to over $188 bill...
Posted: Sep 04, 2025
Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, a specialist insurer at Lloyd’s of London, has announced it will cease writing Offshore Energy as an independent class of business. The decision...
Posted: Sep 04, 2025
Global specialty insurer and reinsurer Ascot Group has announced the appointment of Stephen O’Flynn as Senior Vice President, Underwriter on the Ascot Re Casualty Treaty team in Bermuda. In this role, O’Flynn will report to Sean Ramlal...
Posted: Sep 04, 2025