Reinsurance News
Steadfast Group, an Australian insurance broker, has announced the acquisition of a majority stake in Novum Underwriting Partners LLC, an US-based specialty managing general agency (MGA) and wholesale brokerage. Established in Ohio in 2019, the bu...
Posted: Sep 04, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced the appointment of Dr. Milan Simic as Global Strategy Advisor. In this role, Simic will lead global growth initiatives and manage international clie...
Posted: Sep 04, 2025
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has announced the public filing of a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of i...
Posted: Sep 04, 2025
Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has appointed Sébastien Bardy to the newly created role of Chief Financial Officer (CFO). Bardy will report to CEO Tanguy Touffut and...
Posted: Sep 04, 2025
Everest Reinsurance, the reinsurance division of Everest Group, has announced the appointment of Jiten Voralia as Chief Underwriting Officer (CUO) for Global Reinsurance, effective immediately. Voralia will be succeeding Chris Downey, who was rece...
Posted: Sep 03, 2025
Laurent Rousseau, CEO of EMEA and Global Capital Solutions at reinsurance broker Guy Carpenter, said recently that the reinsurance industry is “clearly and increasingly in a buyer’s market” and stressed that as returns continue t...
Posted: Sep 03, 2025
Oceanview Reinsurance Ltd. (Oceanview Re), a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Timothy Gasaatura as President and CEO. Gasaatura succeeds Stelian Dragan, who has chosen to relocate to the US after serving as P...
Posted: Sep 03, 2025
Hannover Life Reassurance Company of America (Hannover Re US) has announced key leadership appointments, effective January 1, 2026, including the promotion of Clint Thompson to President and Chief Executive Officer (CEO). Thompson will be succeedi...
Posted: Sep 03, 2025
Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP’s wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration...
Posted: Sep 03, 2025
Insurance and reinsurance broking group Gallagher has appointed Andy Winwood as a Senior Executive, where he will support Nadim Semaan, Senior Executive Officer, in running the firm’s Middle East & Africa business focusing on large clien...
Posted: Sep 03, 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has launched Assurex Global London Limited (AG London), a bespoke specialist property and casualty wholesale brokerage. AG London, part of the Assurex...
Posted: Sep 03, 2025
Brown & Brown, an insurance brokerage and risk management firm, has announced that Steve Hearn, Chief Operating Officer (COO), will lead all operations outside of North America across both the Retail and Specialty Distribution segments. Hearn...
Posted: Sep 03, 2025
Despite the challenging conditions in Latin America in 2025, reinsurance markets in the region continue to expand, driven by increased demand and greater dynamism, according to a recent AM Best report. One of the challenges is that disinflation is...
Posted: Sep 03, 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Jane Poole as Group Chief Financial Officer (CFO). Poole succeeds current Group CFO Michael Grist, who has served for nearly 16 years. Grist...
Posted: Sep 03, 2025
The 2025 reinsurance buyers survey from Moody’s Ratings reveals a “decisive shift towards rate reductions” for property reinsurance risks when compared to prior years, while demand for coverage is expected to rise as attachment p...
Posted: Sep 03, 2025
Acrisure Re, the reinsurance division of Acrisure, has announced the release of AcrisureIQ Pro, a new tool aimed at helping clients analyse and adjust their portfolios and reinsurance programmes. AcrisureIQ PRO becomes part of AcrisureIQ, the firm...
Posted: Sep 03, 2025
The reinsurance industry has been operating reasonably efficiently and has shown resilience to large losses like the Los Angeles wildfires in January, and, after the 2025 renewal periods, Urs Baertschi, Chief Executive Officer (CEO) of Property &#...
Posted: Sep 03, 2025
ADNOC, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has partnered with RIQ, a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, to collaborate on a long-term reinsuran...
Posted: Sep 03, 2025
Gallagher Re’s CEO, Tom Wakefield, has highlighted robust global reinsurance capital and manageable loss ratios as the market heads towards the 67th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo this week, emphasising that effective...
Posted: Sep 03, 2025
French reinsurer SCOR has successfully placed €500 million Fixed to Floating Rate Subordinated Notes with institutional investors, which mature on September 10, 2055, and are eligible as Tier 2 regulatory capital under Solvency II. The notes are r...
Posted: Sep 03, 2025
In its latest casualty sector update, developed in collaboration with Moody’s, Aon revealed that emerging risks, such as PFAS contamination, addictive software design, and microplastics, could contribute approximately $5 billion of reinsuran...
Posted: Sep 03, 2025
Despite a fast-evolving cyber threat landscape, Swiss Re reports that cyber insurance rates have deteriorated for a third consecutive year, leading to growth estimates being revised down from 6% to 5% compound annual growth rate (CAGR) from 2023 o...
Posted: Sep 03, 2025
Paragon Insurance Holdings, an international managing general agency, has announced the appointment of Maheswaran Sudagar as Chief Actuary. In his new role, Sudagar, a Fellow of the Casualty Actuarial Society (FCAS) with over two decades of experi...
Posted: Sep 03, 2025
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has entered into a definitive agreement to acquire 100% of Lloyd’s specialist, Apollo Group Holdings Limited’s shares for a total consideration of...
Posted: Sep 03, 2025
The Department of Finance (DOF), together with the Global Shield Secretariat, the Institute for Climate and Sustainable Cities (ICSC), and development partners, is working to strengthen climate-disaster risk finance and insurance (CDRFI) mechanism...
Posted: Sep 03, 2025