Reinsurance News
Global commercial insurance pricing dropped by an average of 4% in the second quarter of 2025, according to the latest Global Insurance Market Index from Marsh, an insurance broker and risk advisor and a business of Marsh McLennan. This marks the...
Posted: Jul 24, 2025
Lloyd’s global insurer and reinsurer, MS Amlin, has announced that Christiern Dart will take over as Chief Executive Officer (CEO) of the company in January 2026, succeeding Andrew Carrier who has decided to retire from the role after three...
Posted: Jul 24, 2025
Bermuda-based reinsurer RenaissanceRe (RenRe) has posted underwriting income of $601.7 million for the second quarter of 2025, with an overall combined ratio of 75.1%, compared to $479.3 million and 81.1% respectively, in the second quarter of 202...
Posted: Jul 24, 2025
Lockton Re, the reinsurance business of the independent insurance broker, has appointed Jim Franson as North America Chairman. Jim Franson joins Lockton Re with over 35 years of re/insurance experience, having most recently served as President at...
Posted: Jul 24, 2025
Fitch Ratings, a credit rating agency, says the UK government’s proposed overhaul of rules governing insurance-linked securities (ILS) and captive insurance will not immediately affect the credit quality of London market insurers. While the...
Posted: Jul 24, 2025
Westfield, a US-based property and casualty insurer, has appointed Dan Thomas as Senior Vice President (SVP), Chief Actuary, to strengthen the company’s risk insight, capital strategy, and predictive capabilities. In his new executive role, Thomas...
Posted: Jul 24, 2025
CRC Group, a wholesale specialty insurance distributor in North America, has published the Q2 2025 update of its Property REDY Index. The Index offers a monthly analysis of renewal pricing trends using data collected across CRC’s property book. Bu...
Posted: Jul 24, 2025
During W. R. Berkley Corporation’s Q2 2025 earnings call, William Robert Berkley, President, CEO & Director, highlighted that the property reinsurance market is becoming increasingly competitive, with signs that discipline among reinsurers con...
Posted: Jul 23, 2025
The Artificial Intelligence Underwriting Company (AIUC), a new firm that combines audits, standards, and insurance to enable enterprises to confidently adopt AI to unlock progress, has announced its launch following a successful $15 million seed f...
Posted: Jul 23, 2025
Swiss Re’s Property & Casualty Reinsurance (P&C Re) business unit has launched a Parametric Centre of Excellence, led by Marcel Andriesse, to unify and enhance the firm’s capabilities in parametric solutions across the organisation. Accord...
Posted: Jul 23, 2025
Amwins, a distributor of specialty insurance products and services, has appointed the current Deputy General Counsel, Molly Shah, as General Counsel effective January 1st, 2026. Simultaneously, Donna Hargrove transitions from her current role as G...
Posted: Jul 23, 2025
Floodbase, a platform focused on insuring flood risks beyond traditional coverage, has launched near-real-time flood mapping technology for the United States to help governments, insurers, media, and other decision-makers obtain rapid situational...
Posted: Jul 23, 2025
According to Jonathan Collura, CEO and President of Specialty Risk Re, the firm’s underwriting strategy, distinguished by its integration of both traditional P&C and credit perspectives, is a key differentiator in how it supports clients...
Posted: Jul 23, 2025
Lloyd’s Asia has announced the launch of a new cyber capacity pooling arrangement, the “Lloyd’s XOL Cyber Insurance Facility,” developed in collaboration with Antares, Munich Re Specialty – Global Markets, Syndicate Asia, Newline, and Tokio Marine...
Posted: Jul 23, 2025
DUAL Europe is expanding its specialty lines across the continent with the launch of its Trade Credit Insurance business, with capacity provided by Axeria, a pan-European carrier. Frank Masteling will lead the Trade Credit business. The executive...
Posted: Jul 23, 2025
Global reinsurer Munich Re has announced the appointment of Dr. Christoph Jurecka, currently the company’s Chief Financial Officer (CFO), as Chair of the Board of Management, succeeding Dr. Joachim Wenning, who is set to retire. According to the a...
Posted: Jul 23, 2025
Bermuda-based reinsurer PartnerRe has announced the appointment of Andrew Laing as Head of PartnerRe Capital Management, effective October 1st, 2025. Laing will succeed Andrew Hughes, who is leaving the company after more than four years of servic...
Posted: Jul 23, 2025
The International Underwriting Association (IUA), which represents London Market insurers and reinsurers, is urging legal reform to support the safe and effective introduction of next-generation aviation technologies. The group says that while ins...
Posted: Jul 23, 2025
HDI Global Canada has announced the appointment of Derek Reedie as Head of Engineering and Construction. In this role, Reedie will lead insurance solutions for complex infrastructure and industrial projects. He brings over 25 years of industry exp...
Posted: Jul 23, 2025
Santam Limited, one of South Africa’s general insurers, has received in-principle approval from Lloyd’s of London—a re/insurance marketplace—to establish a Lloyd’s syndicate in the United Kingdom. This approval is subject to Santam meeting Lloyd’s...
Posted: Jul 23, 2025
DARAG Group, a legacy acquirer with a focus on the European market, has signed a service agreement with Italian insurer Unipol Assicurazioni S.p.A. (Unipol). Unipol Assicurazioni is the parent company of the Unipol Group, one of the larger insuran...
Posted: Jul 23, 2025
Chubb has reported that property and casualty (P&C) underwriting income was a record $1.63 billion in Q2 2025, up 15% from the same period of 2024, with an improved combined ratio of 85.6%. Meanwhile, the firm’s Q2 2025 net income was $2...
Posted: Jul 23, 2025
Westfield Specialty, a global specialty insurance carrier, has reported a combined ratio of 89.4% and underwriting income of $58 million for the first half of 2025, which are “well ahead of planned results”. According to the insurer, i...
Posted: Jul 23, 2025
QBE North America (QBE NA), part of the global insurer QBE, has promoted Jordan Atkinson to President of NAU Country Insurance Company, effective August 18th, 2025. He succeeds long-serving NAU Country President, Jim Korin, who announced his inten...
Posted: Jul 23, 2025
S&P Global Ratings, a credit rating agency, has affirmed its A/Stable ratings on Toa Reinsurance Group’s core subsidiaries, reflecting a firm view that the group’s operating performance is improving, with signs of profitability returning after...
Posted: Jul 23, 2025