Reinsurance News

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

Swiss Re appoints Robin Spencer as COO for L&H Reinsurance

Global reinsurer Swiss Re has appointed Robin Spencer as Chief Operating Officer (COO) for its Life & Health Reinsurance (L&H Re) business unit, effective 1st September 2025. Based in London, Spencer will oversee Swiss Re’s global L&...

Posted: Aug 19, 2025

Hippo appoints Charles Sebaski as Head of Investor Relations

Home insurance firm Hippo has announced the appointment of Charles Sebaski as Head of Investor Relations. In his new role, Sebaski will report to Guy Zeltser, Chief Financial Officer, and focus on broadening investor and analyst awareness of the s...

Posted: Aug 19, 2025

MSIG USA names Hank Kinne Regional Distribution Leader for Mountain and South Central States

MSIG USA, a specialty commercial insurance provider, has appointed Hank Kinne to lead distribution efforts across the Mountain and South Central states, reporting directly to Joseph Fitzpatrick, MSIG USA’s Head of Distribution. Kinne brings over 3...

Posted: Aug 19, 2025

S&P rates Liberty Mutual’s China unit ‘A-’ with stable outlook

S&P Global Ratings has assigned an ‘A-‘ local currency long-term issuer credit and financial strength rating to Liberty Insurance Co. Ltd. (Liberty China), the China-based underwriting entity of Liberty Mutual Group Inc. The outloo...

Posted: Aug 19, 2025

Law firm Smith Gambrell adds reinsurance partner Simon Kilgour

Global law firm Smith, Gambrell & Russell, LLP, has appointed UK-qualified dispute resolution partner, Simon Kilgour, to its London team. Opened in 2017, the firm’s London and Southampton offices house a robust global transportation practice c...

Posted: Aug 19, 2025

Mantas looks to be first parametric MGA in the UAE

Mantas, a provider of parametric cyber insurance and predictive analytics to help businesses mitigate cloud downtime risks, has secured In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). The li...

Posted: Aug 19, 2025

MGA Elevate Specialty launches to revolutionise embedded & specialty insurance

Elevate Specialty, a new managing general agent (MGA), has officially launched, entering the UK market with a mission to transform embedded and specialty insurance. The company aims to help make protection a seamless part of customers’ lives, movi...

Posted: Aug 18, 2025

Kay Scholz succeeds Martin Pfister as Swiss Re’s Head of Credit & Surety Reinsurance

Swiss Re has appointed Kay Scholz as its new Head of Credit & Surety Reinsurance, effective 1st January 2026, succeeding Martin Pfister, who will assume the newly created role of Head of PRI and Structured Trade Credit Reinsurance. Scholz has...

Posted: Aug 18, 2025

RGA and Allianz Suisse complete $350m reinsurance transaction

Reinsurance Group of America, Incorporated (RGA), an international life and health reinsurer, has completed an asset-intensive reinsurance arrangement with Allianz Suisse Versicherungs-Gesellschaft AG. The agreement transfers market and insurance...

Posted: Aug 18, 2025

Aon invests in GLP-1 program specialist eMed

Aon has invested in eMed Population Health, a provider of GLP-1 programs, to expand employer-sponsored access to GLP-1 therapies and scale obesity treatment solutions. For those unaware, GLP-1 (glucagon-like peptide-1) is a hormone that helps regu...

Posted: Aug 18, 2025

AIG appoints Hallworth as new Chief Digital Officer

Global insurer American International Group, Inc. (AIG) has announced the appointment of Scott Hallworth as Chief Digital Officer, effective September 1. Based in New York, Hallworth will joinf AIG’s Executive Leadership Team. He will initially re...

Posted: Aug 18, 2025

Gallagher closes $13.45bn acquisition of AssuredPartners

Global insurance brokerage Arthur J. Gallagher & Co. has announced the completion of its acquisition of US insurance broker AssuredPartners. In December 2024, Gallagher entered into a definitive agreement to acquire AssuredPartners from GTCR f...

Posted: Aug 18, 2025