Reinsurance News

Canada Life Re’s base earnings grow 9% in Q2’25 to $229m

Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s rob...

Posted: Aug 12, 2025

Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff

Hannover Re, one of Europe’s big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm’s ceding companies, while the carr...

Posted: Aug 12, 2025

Davies names Richard Barke as CEO of Insurance Solutions division

Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth...

Posted: Aug 12, 2025

Ategrity’s underwriting income up 119.1% as CoR improves to 88.9% in Q2’25

Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ra...

Posted: Aug 12, 2025

Swiss Re CorSo names Sawalani as Head of Customer & Distribution Management, SEA

Swiss Re Corporate Solutions (CorSo), the commercial insurance arm of reinsurance giant Swiss Re, has appointed Preeti Sawalani as Head of Customer and Distribution Management, Southeast Asia (SEA), effective September 1st, 2025. In her new role,...

Posted: Aug 12, 2025

Atrium expands Aviation underwriting team with new hire

Atrium, an insurance group operating within Lloyd’s market, has announced the appointment of Rob James as an Underwriter in its Aviation division. Atrium provides tailored insurance solutions across various specialty sectors, including aviation. J...

Posted: Aug 12, 2025

PIC concludes £36m buy-in with Helaba Pension and Life Assurance Plan

Pension Insurance Corporation, a specialist insurer of defined benefit pension schemes, has concluded a £36 million buy-in with the Helaba (London) Pension and Life Assurance Plan, covering the pensions of all 156 members. Helaba Group is a commer...

Posted: Aug 12, 2025

TransRe collaborates with Cytora to enhance facultative risk processing efficiency

TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide...

Posted: Aug 12, 2025

Pacific Life Re appoints new leaders in Asia to strengthen regional partnerships

Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The...

Posted: Aug 12, 2025

Hannover Re posts 13% rise in net income as Group revenue hits €13.3bn in H1’25

European reinsurer Hannover Re has reported a 3.3% rise in gross reinsurance revenue to €13.3 billion for the first half of 2025, with solid revenue growth in property and casualty (P&C) more than offsetting a slight contraction in life and he...

Posted: Aug 12, 2025

Send names Laura Wathen as Chief Financial Officer to support global growth

Send Technology Solutions Ltd (Send), a provider in the insurtech space, has named Laura Wathen as its Chief Financial Officer (CFO) as the company prepares for its next stage of global growth. Wathen previously held the CFO role at fintech platfo...

Posted: Aug 12, 2025

Chubb promotes Steve Haney to President and CUO of Global Surety

Global insurer Chubb has announced the promotion of Steve Haney to President and Chief Underwriting Officer (CUO) of Global Surety. In this role, Haney will have executive operating responsibility for strategy, underwriting, and profit and loss (P...

Posted: Aug 12, 2025

Cyber incidents in APAC up 29% in 2024: Aon

According to findings from Aon’s 2025 Cyber Risk Report, cyber incidents in the Asia Pacific (APAC) region in 2024 rose by 29% year-over-year, and have increased by 134% since 2020. The insurance and reinsurance broker’s report reveals...

Posted: Aug 12, 2025

Majority of MGAs believe the claims process with carriers needs improvement

Over three-quarters (77%) of MGAs say the claims process with carriers needs improvement, up from 59% in 2023, with 91% of carriers sharing this view, according to the MGA Opinion Report by Clyde & Co in collaboration with the MGAA. The report...

Posted: Aug 11, 2025

BHSI appoints Franco Masciovecchio as Country Manager for Switzerland

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, professional, and cyber insurance solutions, has appointed Franco Masciovecchio as its new Country Manager for Switzerland. Masciovecchio brings over 30 ye...

Posted: Aug 11, 2025

Lancashire announces key senior management changes as Spence and Johnston depart

Insurer and reinsurer Lancashire Holdings Limited has announced a number of senior management changes at Lancashire Syndicates Limited and Lancashire Insurance Company Limited, as well as additional senior underwriting appointments. John Spence, C...

Posted: Aug 11, 2025

Nicholas Carbo to lead WTW ICT business as Senior Director

WTW, an insurance and reinsurance broking group, has announced the appointment of Nicholas Carbo as Senior Director to its Insurance Consulting & Technology (ICT) business, a Florida-based role. In his new position, Carbo will be responsible f...

Posted: Aug 11, 2025

Howden completes $4.1bn debt repricing at tight levels

Howden Group, a UK-headquartered insurance broker and reinsurance intermediary, has completed a repricing of its US$3.1bn Term Loan B due 2031 and its £765m Revolving Credit Facility (RCF). The changes, finalised on 8 August, cut the Term Loan B m...

Posted: Aug 11, 2025

ISS Sustainability Solutions acquires Sust Global to expand geospatial risk capabilities

ISS Sustainability Solutions, the sustainable investment division of ISS STOXX, has acquired Sust Global, a provider of geospatial risk modelling and analytics. The move aims to enhance ISS Sustainability Solutions’ ability to offer institutional...

Posted: Aug 11, 2025

Swiss Re’s Li joins NormanMax Insurance Solutions to lead Climate & Alternative Risk

Yong Li has joined NormanMax Insurance Solutions, a Lloyd’s coverholder and parametric re/insurance solutions provider, as President, Climate & Alternative Risk Solutions. With over two decades of experience, Li is a seasoned expert in commodi...

Posted: Aug 11, 2025

Uzbekistan launches national reinsurer in strategic move to strengthen insurance market: S&P

Uzbekistan is preparing to launch its first national reinsurance company, the Reinsurance Company of Uzbekistan (RCU), in a move that international credit rating agency S&P Global Ratings describes as strategically important but highly depende...

Posted: Aug 11, 2025

Adrees Tinkler to lead Hiscox’s new Alternative Risk Transfer team

Hiscox, a global specialist insurer, has announced the appointment of Adrees Tinkler from Allianz to lead a new Alternative Risk Transfer (ART) team within its London Market business. Tinkler will be based in London and is set to join Hiscox later...

Posted: Aug 11, 2025

Argo Group’s net income increased 362% to $59m in Q2’25

Argo Group International Holdings, Ltd. reported a net income of $58.8 million for the second quarter of 2025, marking a significant 362.2% increase compared to $12.7 million in the same quarter a year earlier. Net income attributable to common sh...

Posted: Aug 11, 2025

IQUW enhances SRCC risk modelling amid rising civil unrest and shifting reinsurance market

In a Reinsurance News interview, IQUW—a property and specialty re/insurance business—shared insights into how SRCC (strikes, riots, and civil commotion) risks are evolving and how the industry is adapting. Speaking on behalf of the company were Ka...

Posted: Aug 11, 2025

TD Bank Group expects $36m in catastrophe claims for Q3’25

TD Bank Group expects catastrophe claims of approximately $36 million, after reinsurance and before tax, to be reflected in its Wealth Management & Insurance segment results for the third quarter. This is significantly lower than the $186 mill...

Posted: Aug 11, 2025