Reinsurance News

SCOR’s Singapore branch to transfer entire business to SCOR Re Asia-Pacific

French re/insurer SCOR is seeking to restructure its legal entity framework in the Asia Pacific region to create a more agile and efficient organisation. This aligns with the company’s strategic plan, as it aims to align services to further...

Posted: Aug 26, 2025

Intact Insurance appoints Tony Beal as Chief Distribution Officer, US

Intact Insurance Specialty Solutions, a provider of property and casualty (P&C) and global specialty insurance, has appointed Tony Beal as Chief Distribution Officer for the U.S., effective September 1st, 2025. Based in Cincinnati, Ohio, Beal...

Posted: Aug 26, 2025

Florida MGA Crestwell Underwriters launches with investment from Bain Capital

A newly established, Florida property insurance-focused managing general agent (MGA), Crestwell Underwriters, LLC, has launched with significant capital support from Bain Capital. Initially, Crestwell will offer admitted, property-only insurance f...

Posted: Aug 26, 2025

S&P upgrades The Hartford and its subsidiaries to ‘AA-’ on strengthened capital and steady results

S&P Global Ratings, a provider of independent credit ratings and financial analysis, has upgraded The Hartford Insurance Group and its core subsidiaries, citing consistent results and stronger capital resiliency. The Hartford, a US insurer kno...

Posted: Aug 26, 2025

Emerald Bay names Moore as CFO & Anyieth as COO

Collaborative underwriting carrier Emerald Bay Risk Solutions has expanded its leadership team with the appointments of Matthew Moore as Chief Financial Officer (CFO) and Sarah Anyieth as Chief Operating Officer (COO), effective immediately. Moore...

Posted: Aug 26, 2025

American Integrity surpasses 15,000 policies in-force in South Carolina

American Integrity Insurance Group, a specialist residential property insurer, has surpassed 15,000 policies in-force in South Carolina, representing a major milestone in its Southeast growth strategy. This growth in South Carolina underscores the...

Posted: Aug 22, 2025

Reinsurance broker Atrea Risk Solutions launches from the DIFC

A new, Dubai-based reinsurance broker, Atrea Risk Solutions DIFC Ltd, has chosen the Dubai International Financial Centre (DIFC) as its strategic base to serve clients across the Middle East, Africa, and Southern Asia (MEASA) region. Atrea Risk sp...

Posted: Aug 22, 2025

Viceroy becomes 15th insurer to enter Florida market following legislative reforms

Viceroy Preferred Insurance Company becomes the 15th property and casualty insurer to enter Florida’s market since the passage of the state’s impactful legislative reforms. Viceroy is domiciled in Florida and is now approved to write insurance in...

Posted: Aug 22, 2025

We are now firmly in the hard market softening phase: Flandro, Howden Re

David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, has said that “if it wasn’t obvious already, we are now firmly in the hard market softening phase of the rating cycle,&...

Posted: Aug 22, 2025

Clear Group appoints Barbara Duffy as Chief People & Performance Officer

Insurance broker Clear Group has appointed Barbara Duffy as Group Chief People & Performance Officer, effective 8th September 2025, and expanded Victoria Gallimore’s responsibilities as Group Chief of Staff. In her new role, Duffy will lead th...

Posted: Aug 22, 2025

Sava Re’s GPW up 13.5% to €91.4m in H1’25

Slovenian-domiciled reinsurer Sava Re reported gross written premiums (GWP) of €91.4 million for the first half of 2025, representing a 13.5% increase compared to €80.5 million a year earlier. The company attributed the premium increase to seizing...

Posted: Aug 22, 2025

L&H reinsurance earnings remain consistent for Europe’s Big Four: Fitch

Among Europe’s Big Four reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—life and health (L&H) reinsurance earnings remained consistent in H1’25, supported by steady releases of contractual service margin (CSM) and risk adjustment, accordi...

Posted: Aug 22, 2025

Concirrus becomes first insurtech to achieve triple certification for AI trust & security

Concirrus, provider of AI-centric insurance solutions, has become the first insurtech company worldwide to secure three major internationally recognised certifications: ISO/IEC 42001 (AI Governance), ISO/IEC 27001 (Information Security Management)...

Posted: Aug 22, 2025

Aon unveils leadership shift in Commercial Risk business

Aon has revealed that in October 2025, Phil Smaje will assume the role of Global Industry Specialty Leader, Transportation & Logistics, succeeding Lee Meyrick, who will become Chair of a newly created Risk Capital Transportation & Logistic...

Posted: Aug 22, 2025

Moody’s raises Ryan Specialty’s credit ratings, outlook revised to stable

Moody’s Ratings, the credit rating agency, has upgraded Ryan Specialty, LLC, a provider of specialty insurance solutions, to reflect the company’s stronger market position and improved financial profile. Ryan Specialty’s corporate family rating wa...

Posted: Aug 22, 2025

Everest adds former KPMG insurance leader Laura Hay to Board

Bermuda-domiciled insurer and reinsurer Everest Group has appointed Laura Hay as an independent, Non-Executive member of its Board of Directors. Hay has over three decades of industry experience, and before her retirement in 2023 she was Global He...

Posted: Aug 22, 2025

Green Shield Risk Solutions launches wildfire programme for Colorado and California

Green Shield Risk Solutions, a managing general agent (MGA) focused on high-risk insurance markets, has launched its new homeowners programme, Guardian Elite Home. Developed specifically for wildfire-prone areas in Colorado and California, the pro...

Posted: Aug 22, 2025

Holborn Corporation promotes Stephanie Rabin as EVP and COO

The Board of Directors of US-based independent reinsurance broker, Holborn Corporation, have unanimously approved the promotion of Stephanie Rabin to Executive Vice President (EVP) and Chief Operating Officer (COO). In the new role, she will conti...

Posted: Aug 22, 2025

Asian reinsurers’ overseas diversification strategy seen as credit positive: AM Best

According to a new report from AM Best, Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, which is seen as credit positive. With economic moment...

Posted: Aug 22, 2025

Extreme heat is a risk multiplier, says Swiss Re’s Adrian Hall

Swiss Re Corporate Solutions’ US Chief Executive Officer (CEO), Adrian Hall, has highlighted the increasing threats posed by extreme heat, noting that the risk is now a direct threat to physical assets as he calls for the risk to be at the c...

Posted: Aug 21, 2025

Hadron completes acquisition of GCNA from IFC subsidiary

Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a sub...

Posted: Aug 21, 2025

Pen Underwriting partners with Bridgehaven to support UK solicitors’ PI market

Pen Underwriting, the multi-class multi-territory managing general agent, has struck a strategic partnership with hybrid insurer Bridgehaven Specialty UK Limited, in support of the UK solicitors’ professional indemnity (PI) market. According to Pe...

Posted: Aug 21, 2025

Allstate estimates $184m in catastrophe losses for July

The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $184 million or $145 million, after-tax for July. The company reported that the cat losses stemmed from 19 wind and hai...

Posted: Aug 21, 2025

AM Best data highlights strong life reinsurer performance in 2024

Reinsurance Group of America (RGA) is the world’s largest reinsurer focused solely on life reinsurance and ranks third overall among companies that also write non-life reinsurance, based on AM Best’s full-year 2024 data for firms reporting under n...

Posted: Aug 21, 2025

Brian Glod to lead Marsh’s Aviation and Space as Global Head

Insurance broker and risk advisor Marsh, a Marsh McLennan business, has announced the appointments of Brian Glod as Global Head of Aviation and Space and Tony Ambrose as Global Chairman of Aviation and Space, effective September 1. Based in New Yo...

Posted: Aug 21, 2025