Reinsurance News

Jennifer Kopf joins AXA XL aviation reinsurance team as Senior Underwriter

AXA XL Reinsurance has announced the appointment of Jennifer Kopf as Senior Underwriter Aviation Reinsurance, a Zurich-based role. In her new role, Kopf will be responsible for underwriting a diverse portfolio of aviation reinsurance business. She...

Posted: Oct 01, 2025

Moody’s estimates $6tn in US GDP losses from climate and natural disaster risks by 2050

Moody’s, a provider of credit ratings, has released a detailed assessment of the potential economic and financial consequences of natural catastrophes and physical risk by 2050. Their findings indicate that, without additional policy interventions...

Posted: Oct 01, 2025

Howden Re International names Ilka Freitag & Cem Nart as DACH Facultative Directors

Howden Re International has announced the appointments of Ilka Freitag and Cem Nart as Directors, DACH Facultative Reinsurance. In their new roles, Freitag and Nart join a growing team of facultative specialists in Europe, based in Hamburg and Col...

Posted: Oct 01, 2025

Generali’s RT1 bond raises €500m, reinforcing financial strength

Italian headquartered insurer Generali has announced the successful placement of its first perpetual Restricted Tier 1 (RT1) bond, a transaction that is aimed at further optimising its strong capital position. The RT1 bond raised €500 million &#82...

Posted: Oct 01, 2025

Kuvare Life Re opens Representative Office in Tokyo to boost Asia expansion

Kuvare Life Re, the reinsurance affiliate of Kuvare Holdings, has established a Japan Representative Office, boosting its strategic expansion into the Japanese and Asian markets. KLR has also appointed Daisuke Nagamori as Chief Representative, Asi...

Posted: Oct 01, 2025

Ritchie appointed Fergus Re CEO, Dadlani to become Chairman of the Board

Bermuda-based reinsurance company, Fergus Re has announced the appointment of Stewart Ritchie as Chief Executive Officer (CEO), succeeding Navin Dadlani, who will assume the role of Chairman of the Board. With this strategic move, Fergus Re, a spe...

Posted: Oct 01, 2025

Liberty Mutual introduces global cyber product suite

Liberty Mutual Insurance, a provider of property and casualty insurance solutions, has introduced a new suite of cyber products designed to support businesses with comprehensive coverage and incident response. The suite combines worldwide expertis...

Posted: Oct 01, 2025

Aon survey finds geopolitical volatility breaks into global top 10 business risks

Aon plc, a professional services firm providing risk, retirement and health solutions, has released the 2025 edition of its Global Risk Management Survey. Now in its 19th year, the biennial study has become a key benchmark for understanding how or...

Posted: Oct 01, 2025

Brookfield Wealth Solutions enters into Japan-based reinsurance agreement with Dai-ichi Frontier Lif...

Brookfield Wealth Solutions Ltd., a provider of retirement services, wealth protection products and tailored capital solutions, has signed its first Japan-based reinsurance agreement with insurer, Dai-ichi Frontier Life. According to the agreement...

Posted: Oct 01, 2025

Canada Life Re expands US P&C team

Canada Life Reinsurance, a division of Canada Life that provides solutions to help insurers manage risk and grow their businesses, has announced the appointment of Minas Kalachian to its US Property & Casualty (P&C) team. Kalachian brings...

Posted: Oct 01, 2025

Fortitude Re enters funding agreement backed notes market

Global reinsurance company Fortitude Re has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has entered the funding agreement backed notes market with an inaugural $500 million issuance. The move is a strategic step to divers...

Posted: Oct 01, 2025

Verisk launches XactAI to streamline property claims processing

Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has introduced XactAI, a new suite of artificial intelligence tools aimed at improving the efficiency and consistency of property claim...

Posted: Oct 01, 2025

Nascent Group appoints Bellal Rahman as SVP

Nascent Group, a Bermuda-based insurance service provider, has announced the appointment of Bellal Rahman, formerly of Catalina Life Re, as Senior Vice President (SVP). In his new role, Rahman will oversee a portfolio of reinsurance and insurance...

Posted: Oct 01, 2025

Tokio Marine GX warns of growing insurance “protection gap” threatening green transition

Tokio Marine GX (TMGX), a specialist insurer evolving from renewables underwriter GCube Insurance, has issued a stark warning about a growing “protection gap” in the insurance market that threatens the success of the global green transition. Drawi...

Posted: Oct 01, 2025

CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fourth industry loss estimate for the ice storm that affected Ontario and Quebec from March 28 to 31, 2025, raising losses to CAD 490...

Posted: Sep 30, 2025

Surge in specialty carrier launches: ALIRT study

There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALI...

Posted: Sep 30, 2025

Government shutdown could pressure US economy and insurers, AM Best warns

A US government shutdown would quickly ripple through the economy and create challenges for the insurance industry, with the extent of the fallout depending on how long it lasts, according to a new analysis from AM Best, the credit rating agency....

Posted: Sep 30, 2025

Blue Ocean Re appoints Sefani Busby-Thornhill as SVP & Account Executive

Managing general agent (MGA) platform Blue Ocean Reinsurance Group has announced the appointment of Sefani Busby-Thornhill as Senior Vice President (SVP) and Account Executive. Busby-Thornhill brings more than 10 years of experience in alternative...

Posted: Sep 30, 2025

Bamboo and Accredited partner on reinsurance deal for new E&S signature program

Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, alongside specialty insurer Accredited, have completed the reinsurance program supporting the launch of their new E&S Signature program. This reinsurance placement...

Posted: Sep 30, 2025

Moore named Head of Group Captives for Zurich North America

Zurich North America has announced the appointment of Matthew Moore as Executive Vice President – Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich Nor...

Posted: Sep 30, 2025

UK Space Agency funds Howden to develop advanced biodiversity risk monitoring solution

Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and arti...

Posted: Sep 30, 2025

Howden US names Mark Peterson as Head of its Construction, Infrastructure and Surety practice

Howden, the insurance broker, has appointed Mark Peterson as Head of its Construction, Infrastructure and Surety practice in the United States. In this role, Peterson will be responsible for building the practice and developing a comprehensive sol...

Posted: Sep 30, 2025

Cyber premium growth slows, though long-term outlook still promising: Moody’s

Increased competition and stagnating demand, especially in the US, are decelerating the pace of premium growth in the global cyber insurance market for the second year in a row, Moody’s said in a new report. Citing Munich Re data, Moody’s sa...

Posted: Sep 30, 2025

Ambac finalises $420m sale of legacy financial guaranty units to Oaktree

Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac...

Posted: Sep 30, 2025

The Fidelis Partnership launches new Accident & Health MGA

The Fidelis Partnership (TFP) has announced the launch of a new managing general agent (MGA), Corsiam Specialty Limited, which will focus on underwriting a broad portfolio of global Accident & Health (A&H) insurance and reinsurance busines...

Posted: Sep 30, 2025