Reinsurance News
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
The Vermont Captive Insurance Association (VCIA), a global captive insurance trade association, has announced the appointment of Ian Davis as its new President. A highly respected leader, Davis brings to his new role over a decade of industry expe...
Posted: Aug 21, 2025
Fitch Ratings has reported that property and casualty (P&C) reinsurance has reached peak profitability, with a record low average combined ratio of 81.5% for Europe’s big four reinsurers. This “reflects healthy attritional performance an...
Posted: Aug 20, 2025
China’s largest online-only insurer, ZhongAn Online P&C Insurance Co., Ltd., reported a net profit attributable to shareholders of RMB 668 million (~USD 93 million) in the first half of 2025, soaring 1,103.5% year over year. The company attrib...
Posted: Aug 20, 2025
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the Philippines, have announced their plans to merge, forming FPG Mercantile. With a combined GWP of PHP 10 billion, FPG Mercantile...
Posted: Aug 20, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses exceeding $100 billion in the United States, highlighting the most vulnerable regions and what these exposu...
Posted: Aug 20, 2025
The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered to develop parametric insurance solutions for extreme weather for micro, small, and medium-sized enterpri...
Posted: Aug 20, 2025
Chaucer Group is now live with Web Connectivity Limited’s (WCL) messaging solution Alternate, in preparation for Blueprint 2, the transformation project in the London market that plans to update the central market messaging infrastructure. Alterna...
Posted: Aug 20, 2025
Africa Specialty Risks (ASR), a developing markets-focused re/insurance group, announced it will now offer reinsurance capacity and support to the Rwandan insurance market, following accreditation by the National Bank of Rwanda (NBR). This signifi...
Posted: Aug 20, 2025
Wildfires, once primarily associated with a seasonal pattern, are now a year-round threat across the Western United States, according to the 2025 Cotality Wildfire Risk Report: Priced Out & Burned Out. The report, released today by Cotality, a...
Posted: Aug 20, 2025
AM Best has noted that the property reinsurance market remains stable at mid-year 2025, with modest softening appearing at the highest attachment layers, yet the agency expects overall conditions to remain robust through year-end. Following years...
Posted: Aug 20, 2025
Ventis, a commercial and residential real estate MGA, has increased its underwriting limits and can now cover single buildings or assets up to £70 million per location. Despite the higher limits, Ventis is committed to keeping things simple. The c...
Posted: Aug 20, 2025
Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. With capacity provided by Allianz Commercial via Allianz...
Posted: Aug 20, 2025
Rokstone Agriculture, a MGU specialising in agriculture and livestock, part of re/insurance MGA Rokstone, has secured new capacity to launch a new equine mortality product line for the US market across 19 states. The new product has USD 1,000,000...
Posted: Aug 20, 2025
Australian insurer QBE has announced the promotion of Virginie Massé to Head of European Claims, effective 1st September 2025. In her new role, Massé will remain based in Paris and report to Mike East, Claims Director at QBE European Operations (E...
Posted: Aug 20, 2025
Aon, a global insurance and reinsurance broking group, has hired Tony DeMarco from Gallagher Re as Managing Director within its Reinsurance Solutions division, based in New York. In his new role, DeMarco will support the design and execution of ca...
Posted: Aug 20, 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has announced the creation of Berkley Edge, a business dedicated to delivering professional liability and casualty insurance solutions for small to mid-sized c...
Posted: Aug 20, 2025
Novus Underwriting, a specialist global wholesale warranty and affinity MGA and part of the Aventum Group, has partnered with Collinson Insurance for its annually renewable warranty products, covering more than 500,000 policies. The new exclusive...
Posted: Aug 20, 2025
Optio Group, a specialty managing general agent (MGA) providing underwriting and distribution solutions across multiple lines of business, has announced the appointment of Carrie-Ann Hallett as Head of Insurer Partnerships, effective immediately,...
Posted: Aug 20, 2025
AM Best, the credit rating agency, has changed the outlook on the Long-Term Issuer Credit Rating (Long-Term ICR) of Dunav-Re a.d.o (Dunav-Re), based in Serbia, from stable to positive. At the same time, the agency affirmed the Financial Strength R...
Posted: Aug 20, 2025
Global specialty re/insurer Canopius Group has appointed Jinnan Tang as a Casualty Treaty Underwriter, effective August 11th, 2025, based in Singapore. Tang joins the Asia Pacific (APAC) regional team, reporting to Andrew Parker and Micia Yong in...
Posted: Aug 20, 2025
The US property and casualty (P&C) insurance sector is projected to remain profitable for the next several years, driven mainly by a rapid turnaround in the private auto sector in 2024, according to a recent S&P report. Rating agency S&...
Posted: Aug 19, 2025
Chicago-domiciled insurer CNA Financial Corporation has announced several leadership changes to enhance its underwriting capabilities, including the appointment of David Haas as President of Global Specialty. In his new role, Haas will oversee Fin...
Posted: Aug 19, 2025