Reinsurance News

Reinsurance market will continue to thrive in 2025 despite modest softening: AM Best

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 expands capacity to £70m per location

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 launches its Active Cyber Insurance in France

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 launches equine mortality product line with new capacity

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

QBE promotes Virginie Massé to Head of European Claims

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 names Tony DeMarco as Reinsurance MD

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 introduces Berkley Edge, a new specialty insurance provider

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

MGA Novus Underwriting adds Collinson Group to warranty & affinity panel

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 names Carrie-Ann Hallett as Head of Insurer Partnerships

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 upgrades outlook on Dunav-Re’s credit rating amid strengthened financial backing

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

Canopius names Jinnan Tang as Casualty Treaty Underwriter

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

US P&C insurance industry to remain profitable for several years: S&P

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&#38...

Posted: Aug 19, 2025

CNA makes key leadership changes aimed to enhance underwriting capabilities

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

MGA Pivix launches brokerage division led by Michael Gramm

Pivix Specialty Insurance Services, an excess and surplus (E&S) focused MGA, has announced the launch of a brokerage division led by Michael Gramm. Pivix, founded in September 2024 by industry veteran Mike Miller, entered the market with a con...

Posted: Aug 19, 2025

Insurance data standards key to unlocking AI’s potential: ACORD

In the re/insurance industry, data standards that ensure structured, high-quality, and interoperable information are vital for artificial intelligence (AI) models to function effectively, according to Somesh Mukherjee, VP, Solutions Architecture a...

Posted: Aug 19, 2025

Capital deployment becoming more diverse as reinsurance growth persists: AM Best

As the overall size of the reinsurance market continues to expand, projected to reach a new high of $649 billion at year-end 2025, market concentration has gradually declined as capital deployment becomes more diversified across the sector, AM Bes...

Posted: Aug 19, 2025

HDI Global’s insurance revenue rises 8% to €5.1bn in H1’25

HDI Global, a commercial and specialty lines insurer, reported insurance revenue of €5.1 billion for the first half of 2025, an 8% increase from €4.8 billion in the same period last year. The company said its revenue and net income growth in H1’25...

Posted: Aug 19, 2025

T. Rowe Price strengthens insurance business with three new hires

T. Rowe Price, a global investment management firm, has announced three senior appointments to support the continued expansion of its insurance business. Headquartered in Baltimore, Maryland, the firm provides a broad range of investment solutions...

Posted: Aug 19, 2025

Atradius UK launches dedicated Surety department

Atradius UK, a provider of trade credit insurance, surety, and collections services worldwide, has launched a dedicated Surety branch, expanding its ability to deliver bonds and guarantees to businesses across the UK. This reinforces Atradius’s es...

Posted: Aug 19, 2025

Howden names Chris Hughes as CEO of New Zealand

Howden, the global insurance and reinsurance broking group, has appointed Chris Hughes as Chief Executive Officer (CEO) of New Zealand (NZ), effective November, after fulfilling his contractual obligations to his current employer. Meanwhile, Nigel...

Posted: Aug 19, 2025

UK bulk annuities show strong activity in H1’25, according to Aon

Aon, a professional services firm specialising in risk, retirement, and health solutions, has reported that the UK bulk annuity market remained active in the first half of 2025, despite a modest slowdown in overall volumes compared with the latter...

Posted: Aug 19, 2025

PPL launches first general market release from Microsoft partnership

Placing Platform Limited (PPL) has launched the first general market release from its Microsoft partnership, introducing a new app within Outlook that gives clients access to upcoming products and features. Alongside the app’s launch is direct con...

Posted: Aug 19, 2025

Life reinsurance serves as vital diversification mechanism for Big Four: AM Best

AM Best has noted that life protection reinsurance, driven largely by the US market, has been a key element of the European Big Four reinsurers’ risk profiles, providing diversification and earnings stability, with typical margins of 5%–10%. &#822...

Posted: Aug 19, 2025

Nationwide completes acquisition of renewal rights for Markel’s Global Reinsurance unit

As previously announced, Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has completed the acquisition of the renewal rights of Markel Insurance’s Global Reinsurance business. This signal...

Posted: Aug 19, 2025

Willis launches global digital auto-follow facility Gemini

Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios. The “innovative” solution is set to addres...

Posted: Aug 19, 2025