Reinsurance News
Bermuda-based reinsurer Conduit Re fell to a comprehensive loss of $13.5 million with a negative reinsurance service result of $15.2 million in the first half of 2025, as the discounted net loss ratio increased significantly year-on-year to 95.8%...
Posted: Jul 30, 2025
Cincinnati Financial Corporation has reported growth of 11%, or $274 million in property and casualty (P&C) net written premiums to $2.7 billion for the second quarter of 2025, driven by price increases, premium growth initiatives and a higher...
Posted: Jul 30, 2025
Mosaic Insurance, a specialty insurer known for underwriting complex and emerging risks, has expanded into the digital asset space with a new insurance solution designed specifically for this fast-growing industry. The offering combines cyber and...
Posted: Jul 30, 2025
Global insurance and reinsurance brokerage Aon has appointed Natalie Rose as its new Bermuda Insurance Vertical Leader, part of the firm’s Reinsurance Solutions segment. In the new role, she will focus on strengthening the broker’s client relation...
Posted: Jul 30, 2025
Swiss Re, a reinsurer known for its expertise in risk management and insurance solutions, has released a detailed report exposing the widening gaps in health and mortality protection across Asia. The report includes findings from a survey involvin...
Posted: Jul 30, 2025
As insurers prepare for 2026 amid softening market conditions and a shifting risk landscape, LCP is urging general insurance actuaries to review their modelling assumptions to ensure capital models remain robust—factoring in climate risks alongsid...
Posted: Jul 29, 2025
Munich Re Specialty – North America, part of the insurance operations of global reinsurer Munich Re, has announced the promotion of Claudia Carnevale to Head of North America Programs. In this role, Carnevale will oversee the company’s North Ameri...
Posted: Jul 29, 2025
US-based insurer The Hartford has announced its financial results for the second quarter of 2025, reporting a 35% increase in net income, and 8% growth in Property & Casualty (P&C) written premiums. According to the firm, the increase in Q...
Posted: Jul 29, 2025
Everest Reinsurance, the reinsurance division of Everest Group, has announced that Catherine Soyka is joining its team in Singapore as Assistant Vice President (AVP), Reinsurance Underwriting for Oceania. Soyka brings 15 years of industry experien...
Posted: Jul 29, 2025
Cincinnati Financial Corporation has announced that it purchased an additional layer on its property catastrophe reinsurance treaty with a limit of $300 million, effective July 1st, increasing the total limit from $1.5 billion to $1.8 billion. Acc...
Posted: Jul 29, 2025
Marsh McLennan remains the top global insurance and reinsurance broker by total revenue for the 15th consecutive year, increasing its revenue by $1.72 billion to $24.46 billion in 2024, while several other brokers maintained their positions in the...
Posted: Jul 29, 2025
Mercury Insurance, a provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of Insurance’s (CDI) recently approved Verisk Wildfire Model. Last week, the CDI completed its review...
Posted: Jul 29, 2025
Aon, a professional services firm providing risk, retirement, and health solutions, has appointed Shelley Yim as the new Market Leader for Northern California, effective August 1. In this role, Yim will lead efforts to drive growth, strengthen cli...
Posted: Jul 29, 2025
SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidec...
Posted: Jul 29, 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, announced its financial results for the second quarter of 2025, reporting solid organic revenue growth despite a decline in net income. For the quarter, income before income...
Posted: Jul 29, 2025
Corporate & Specialty insurer HDI Global has announced a number of leadership appointments in its Long Tail segment, including Dennis Siebrasse as new Head of Liability Underwriting Europe, and Dr Pascal Nef as Head of Technical & Strategi...
Posted: Jul 29, 2025
With six years having passed since the insurance industry last experienced a “quiet year” for natural catastrophes, a recent biannual report from Willis suggests that the trend of annual insured losses exceeding $100 billion is set to...
Posted: Jul 29, 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Matthew Flynn to the newly created role of Head of Global Clients for its Global Specialties business. Based in London, Flynn will report to James Boyce...
Posted: Jul 29, 2025
QBE, a business insurance provider, has entered into a partnership with Matrix iQ, a company that offers connected vehicle and driver behaviour data services. As part of the collaboration, QBE customers will gain access to Matrix iQ’s platform, wh...
Posted: Jul 29, 2025
Global reinsurer Swiss Re has appointed Stephen Abrokwah as its new Head of Life & Health (L&H) Japan. Abrokwah brings around 15 years of industry experience, with strong actuarial expertise and leadership skills. He has been with Swiss Re...
Posted: Jul 29, 2025
Reinsurance giant Munich Re has estimated that global insured losses from natural catastrophe events reached $80 billion in H1 2025, marking the second-highest H1 figure since its records began in 1980. The $80 billion in insured losses during H1...
Posted: Jul 29, 2025
Global insurance and reinsurance broker Aon has expanded its Aon Client Treaty (ACT) into its Reinsurance Solutions business, specifically for global facultative placements, bringing more capacity to its clients via its facility as part of the fir...
Posted: Jul 29, 2025
The African Development Bank Group (AfDB) has approved $30.25 million in financing for a program aimed at bolstering climate protection and agricultural sector resilience in Benin, West Africa. This investment will help 150,000 smallholder farmers...
Posted: Jul 29, 2025
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has promoted David Maher to Chief Information Officer (CIO), effective immediately. He will be based in London and repo...
Posted: Jul 29, 2025
Mitsubishi Electric Corporation has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. This transaction is expecte...
Posted: Jul 29, 2025