Reinsurance News

Augment Risk and Cohen partner to bridge gap between reinsurance and ILS capital for casualty

Augment Risk, a risk capital and reinsurance solutions intermediary, and Cohen & Company, an asset management specialist, have entered a strategic joint venture that aims to transform the casualty reinsurance landscape by bridging the gap betw...

Posted: Oct 02, 2025

Fitch shifts Mercury’s outlook to Stable on improved reinsurance program

Fitch Ratings has revised Mercury’s outlook to Stable, citing reduced concerns over the January 2025 wildfires and their potential impact on capital and profitability, as well as improvements in the company’s renewed catastrophe reinsurance progra...

Posted: Oct 02, 2025

Gallagher Re appoints Jennifer Wen as Executive Director, Taiwan

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Jennifer Wen as an Executive Director for its Taiwan team. In her new role, Wen will be responsible for leading the growth and continued expansion of the reinsuranc...

Posted: Oct 02, 2025

Q3 2025 cat bond issuance of $1bn+ takes nine-month total to record $18.6bn: Artemis

Catastrophe bond and related insurance-linked securities (ILS) issuance of $1.036 billion in the third quarter of 2025 has taken issuance for the nine-month period to September 30th, 2025, to $18.6 billion, which is a new annual record for the mar...

Posted: Oct 02, 2025

Standardised metrics needed to close $0.9tn cyber risk protection gap: Zurich

With the world facing a $0.9 trillion cyber risk protection gap, Zurich is calling for the adoption of standardised national cyber security metrics to close it, which would involve the collaboration between governments and the private sector. This...

Posted: Oct 02, 2025

WTW introduces parametric policy triggered by red weather warnings

Willis, a WTW business, has launched a first-of-its-kind parametric policy that triggers automatically when a Red Weather Warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. The policy was developed in...

Posted: Oct 02, 2025

AXIS Capital appoints Hannah Hosking as Head of Distribution, Global Markets

AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Hannah Hosking as Head of Distribution, Global Markets. Based in AXIS’ London office, Hosking will...

Posted: Oct 02, 2025

Recent M&A may not indicate widespread return for London market re/insurers: Autonomous

Even though the London re/insurance market has recently seen a number of merger and acquisitions (M&A) deals, this may not indicate a widespread return to M&A for all London-listed specialty re/insurers, Autonomous’ analysts suggest. The r...

Posted: Oct 02, 2025

AEGIS London names Tom Squires as Head of Distribution and Digital Trading

AEGIS London, which has consistently been ranked in the top quartile of Lloyd’s syndicate for over a decade, has appointed Tom Squires as Head of Distribution and Digital Trading. In his new role, Squires will lead the syndicate’s distribution str...

Posted: Oct 02, 2025

Allstate restructures senior leadership to drive Property-Liability growth

The Allstate Corporation has made a series of changes to its senior leadership team, including the placement of Mario Rizzo as Chief Operating Officer, responsible for the Property-Liability and Protection Services businesses. Rizzo, who was previ...

Posted: Oct 02, 2025

PartnerRe appoints Niall Mulvey as CUO, Life & Health

Niall Mulvey has joined Bermuda-based reinsurer PartnerRe’s Executive Leadership Team as Chief Underwriting Officer (CUO), Life & Health. Prior to PartnerRe, Mulvey worked at German reinsurer Hannover Re as Head of L&H Greater China,...

Posted: Oct 02, 2025

Howden expands renewable energy facility across UK hubs

Howden, the global insurance intermediary group, has expanded its Aviva-led, Lloyd’s-accredited renewable energy facility across its UK retail network of renewable energy hubs. According to the firm, this expansion follows a successful pilot progr...

Posted: Oct 02, 2025

HDI UK&I announces executive underwriting appointments

HDI UK & Ireland has announced a number of executive appointments across its underwriting functions, effective 1st October 2025. Kate Sutcliffe, formerly HDI’s UK and Ireland Director of Property, has been appointed Chief Underwriting Officer...

Posted: Oct 02, 2025

Minority Broker Partnerships invests in drone specialist MGA Moonrock

Peter Cullum-backed Minority Broker Partnerships (MBP) has made a significant investment in drone specialist MGA Moonrock Insurance for a minority shareholding. The Series A investment supports Moonrock’s expansion in the drone and eVTOL insurance...

Posted: Oct 02, 2025

Sompo APAC promotes Li Li Leong to Head of Actuarial, Singapore

Sompo Asia Pacific, part of Sompo International Holdings Ltd., has announced the promotion of Li Li Leong to Head of Actuarial, Singapore. In her new role, Leong will lead Sompo Insurance Singapore’s Actuarial Division, responsible for full regula...

Posted: Oct 02, 2025

CyberCube secures over $180m investment from Spectrum Equity

CyberCube, a provider of cyber risk analytics for the re/insurance industry, has secured a sizeable investment of over $180 million from Spectrum Equity, a new cornerstone investor, which will be used to fuel the future development of the firm&#82...

Posted: Oct 01, 2025

Acrisure completes acquisition of Global Payments’ payroll business

Global fintech Acrisure, has completed the acquisition of Heartland Payroll from Global Payments, Inc. for $1.1 billion. Heartland Payroll is considered one of the largest payroll and human capital management (HCM) companies in the United States....

Posted: Oct 01, 2025

Adrian Morgan to lead Insurwave as CEO

Insurwave, an AI-driven exposure management company for specialty insurance, has announced the appointment of Adrian Morgan as Chief Executive Officer (CEO). Known for driving digital transformation and scaling technology solutions for the insuran...

Posted: Oct 01, 2025

Swiss Re finds reinsurance reduces solvency capital and enhances liquidity for UK life insurers

According to Swiss Re, the global reinsurer, insurers can use reinsurance strategically to improve balance sheet efficiency and manage liquidity in response to ongoing market volatility. Swiss Re observes that in 2025, UK life insurers face pressu...

Posted: Oct 01, 2025

Gerardo Polanco to lead Aon’s Iberia Reinsurance team

Global insurance and reinsurance broking group Aon has announced the appointment of Gerardo Polanco as General Manager of the company’s Iberia Reinsurance team, effective immediately. In his new role, Polanco will be responsible for fostering coll...

Posted: Oct 01, 2025

California insurance Commissioner Ricardo Lara backs Governor’s order on insurance stability

The California Department of Insurance announced that Commissioner Ricardo Lara supports Governor Gavin Newsom’s new executive order on insurance stability, calling it a key step toward protecting homeowners and communities across the state. “The...

Posted: Oct 01, 2025

Hannover Re announces key leadership changes in ILS & retrocession

Global reinsurer Hannover Re has announced key leadership transitions and appointments within its Insurance-Linked Securities (ILS) and retrocession activities. Henning Ludolphs, Managing Director Retrocession and Capital Markets at Hannover Re, w...

Posted: Oct 01, 2025

Europe’s big four reinsurers could see €2bn+ of surplus earnings from benign loss activity

With loss activity in 2025 proving “exceptionally benign” since the LA wildfire losses in Q1, Autonomous has suggested the big four European reinsurers (Munich Re, Swiss Re, Hannover Re, and SCOR) could see a collective benefit of almo...

Posted: Oct 01, 2025

Neptune Insurance announces $20 per share IPO

Neptune Insurance Holdings Inc., the parent company of managing general agent Neptune Flood, has announced the pricing of its initial public offering (IPO) for the sale of 18,421,053 shares of its Class A common stock at $20 per share. Neptune fil...

Posted: Oct 01, 2025

Andrew Preston to serve as Chariot Re CFO

Chariot Re, a Bermuda-based Class E life and annuity reinsurance company, has appointed Andrew Preston as its Chief Financial Officer (CFO), effective October 1st, 2025. Co-sponsored by MetLife and General Atlantic and backed by Chubb and other in...

Posted: Oct 01, 2025