Reinsurance News

Resilience appoints Michelle Worrall as Global Director of Insurance Product

Resilience, a provider of cyber risk solutions, has announced the appointment of Michelle Worrall as Global Director of Insurance Product. Based in Chicago, Worrall will report to Maria Long, Chief Underwriting Officer, and will be responsible for...

Posted: Aug 13, 2025

Lockton appoints Marrero President, Chief Growth Officer for US operations

Lockton, a global independent insurance brokerage, has announced the appointment of Hiram Marrero as President, Chief Growth Officer for its U.S. operations, a Florida-based role. In this newly established role, Marrero will leverage his 25 years...

Posted: Aug 13, 2025

IAG’s net profit rises 51.3% to A$1.4bn in FY’25

Australian insurer IAG has reported a net profit after tax of A$1.4 billion for the full 2025 financial year, a 51.3% increase compared to A$898 million in FY24. The company attributed the rise in net profit to higher net earned premiums, increase...

Posted: Aug 13, 2025

Advent to acquire Sapiens for $2.5bn

Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International Corporation N.V., a provider of software solutions for the insurance industry, for $43.50 per common share, in an all-cash t...

Posted: Aug 13, 2025

Dynamic Re strengthens leadership to support global expansion

Dynamic Re, a global underwriting firm providing reinsurance solutions to clients and partners worldwide, is expanding its operations and updating its leadership structure to support this growth. Francisco Hernández has been appointed Global CEO,...

Posted: Aug 13, 2025

American Integrity’s GPW up 30% in Q2’25 as in-force policies surpasses 400,000

Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 29.5% increase in gross premiums written (GPW) in the second quarter of 2025 to $287 million from $221.6 million in Q2’24. At the same time, in Q2’25, gros...

Posted: Aug 13, 2025

Antares Syndicate posts H1’25 profit as GWP expand to $369m

Antares Syndicate 1274 at Lloyd’s, which writes Property, Casualty, Marine and Specialty insurance and reinsurance, has reported a UK GAAP profit of $42 million for H1 2025, up from $41 million in H1 2024. During H1 2025, the syndicate also achiev...

Posted: Aug 13, 2025

Aon names Jocelyn Po as Country Head of Philippines, Reinsurance Solutions

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Jocelyn Po as Country Head of Philippines. In her new role, Po will report to Musa Adlan, Managing Director of Asia and Head of Southeast...

Posted: Aug 13, 2025

Richard Mills to lead Amiga Specialty Transactional Risks, UK & Europe as MD

Amiga Specialty, a B.P. Marsh-backed managing general agent (MGA), is welcoming Richard Mills as Transactional Risks Managing Director, UK & Europe, effective immediately. In his new role he has been tasked with establishing the transactional...

Posted: Aug 13, 2025

Beazley grows premiums to $3.19bn in H1’25 amid disciplined market stance

Beazley has reported insurance written premiums of $3.19 billion in H1 2025, up 2% from $3.12 billion in H1 2024, with CEO Adrian Cox saying the growth reflects the firm’s disciplined approach and its strategy of prioritising rate adequacy a...

Posted: Aug 13, 2025

Broker concern over underinsurance in UK non-standard market & accelerated market softening: Prestig...

A new survey by Prestige Underwriting has highlighted growing concerns among UK insurance brokers about the disconnect in the non-standard market, where an increasing number of clients are underinsured amid a softening market. The Prestige Underwr...

Posted: Aug 13, 2025

SiriusPoint to provide Arden with capacity for new US wildfire parametric solution

Bermuda-based insurer and reinsurer SiriusPoint has partnered with Arden Insurance Services LLC, a United States-based commercial property managing general underwriter (MGU), as a capacity provider for the MGU’s newly launched wildfire-expos...

Posted: Aug 13, 2025

Stonybrook appoints Peter McGuire to Board of Directors

Stonybrook Capital & Risk Management, a global advisory boutique, has announced the appointment of Peter McGuire to its Board of Directors. McGuire is an industry veteran with over three decades of experience in the re/insurance sector. He fou...

Posted: Aug 13, 2025

Pole Star Global expands into marine insurance with Clearwater Dynamics acquisition

Pole Star Global, a provider of maritime intelligence solutions, has acquired UK-based Clearwater Dynamics, a real-time maritime risk intelligence company, marking its expansion into the marine insurance sector. The deal creates a new, integrated...

Posted: Aug 13, 2025

Seckin Atilgan joins Willis Credit Risk Solutions as Head of Growth, Trade Credit in Asia

Willis, a WTW business, has announced the appointment of Seckin Atilgan as Head of Growth for Trade Credit in Asia, within its Credit Risk Solutions business. Based in Singapore, Atilgan will report to Lee Garvey, Head of Credit Risk Solutions, As...

Posted: Aug 13, 2025

AM Best upgrades outlook on WAICA Re to positive, ratings affirmed

AM Best has revised the outlook for WAICA Reinsurance Corporation PLC (WAICA Re) to positive from stable, while affirming the company’s Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair). According t...

Posted: Aug 13, 2025

Swiss Re introduces guidance for underwriters on repurposed longevity drugs

Swiss Re’s August 2025 Life Guide has introduced guidance for underwriters on how to assess life insurance applicants who show signs of using repurposed longevity drugs, an emerging trend among health-conscious individuals. The update provid...

Posted: Aug 12, 2025

Liberty GTS promotes Jason Remsen to Head of East, Americas

Liberty Global Transaction Solutions (GTS), a division of Liberty Mutual Insurance, has announced the promotion of Jason Remsen to Head of East in the Americas region. Based in New York City, Remsen will report to Hilary Weiss, Head of Americas at...

Posted: Aug 12, 2025

CatIQ lowers Hurricane Debby flood loss estimate in Ontario & Quebec to CAD 2.8bn

CatIQ, a provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released its fifth industry loss estimate for the extensive flooding in Ontario and Quebec caused by the remnants of Hurricane Debby between 9 and 10 Aug...

Posted: Aug 12, 2025

Allianz Trade appoints Stephen Georgetii as CCO for the Americas

Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed Stephen Georgetii as its new Chief Credit Officer for the Americas. In this role, Georgetii will oversee the development and implementation of credit...

Posted: Aug 12, 2025

Zurich launches Fronted MBR solution for multibillion-dollar construction programs

Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given...

Posted: Aug 12, 2025

CAC Group names John Ludwig as President & Chief Growth Officer

CAC Group, a national insurance broker and advisor comprised of CAC Specialty and CAC Agency, has appointed John Ludwig to the newly created role of President & Chief Growth Officer. The appointment underscores CAC’s continued investment...

Posted: Aug 12, 2025

Hiscox lifts return estimates for syndicates 33 and 6104

International specialist insurer Hiscox has disclosed current estimates for Syndicate 33’s and Syndicate 6104’s 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12%...

Posted: Aug 12, 2025

Specialist Risk Group acquires London-based broker City Quarter Brokers

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an indepe...

Posted: Aug 12, 2025

Lockton unveils new U.S. practice alignment to better serve clients

Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transpo...

Posted: Aug 12, 2025