Reinsurance News

Swiss Re projects 10% ROE for US P&C insurance in 2025 on investment gains

A new report from Swiss Re projects a favourable 2025 outlook, with the U.S. property & casualty industry expected to maintain a 10% ROE through 2026, as improved investment returns help offset weaker underwriting profitability despite histori...

Posted: Jul 17, 2025

Gold Standard appoints Howden to assess policies for aviation carbon credit scheme

Howden, the global insurance and reinsurance broking group, has been appointed by Gold Standard to approve insurance policies that support the eligibility of carbon credits for the Carbon Offsetting and Reduction Scheme for International Aviation...

Posted: Jul 17, 2025

mea Platform and ASG partner to automate insurance underwriting

mea Platform, a provider of intelligent insurance processing technologies and ACORD Solutions Group (ASG), an industry-owned provider of next-generation digital solutions, have entered a strategic partnership to accelerate the adoption of automate...

Posted: Jul 17, 2025

Markel Insurance names Chelsea Jiang as Managing Director of Greater China

Markel Insurance, the insurance division of Markel Group Inc., has appointed Chelsea Jiang as Managing Director of Greater China, reporting to the newly appointed MD of Asia Pacific, Sucheng Chang. Jiang is based in Hong Kong and will oversee Mark...

Posted: Jul 17, 2025

Arch Insurance promotes Chris Fairs as Head of Agency Management, AMAL

Arch Insurance International, a part of the global Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has promoted Chris Fairs to Head of Agency Management at Arch Managing Agency Limited (AMAL), effective im...

Posted: Jul 17, 2025

Willis and UEA partner to enhance wildfire risk understanding for insurers

Willis, a WTW business, has announced a new collaboration with the University of East Anglia (UEA) to deepen understanding of global wildfire risk in response to escalating global threats. This partnership aims to provide reliable scientific insig...

Posted: Jul 17, 2025

Insurance rates continue to climb in Q2’25, according to Novatae Risk Group

Insurance rates across the US continued their upward trend in the second quarter of 2025, according to new data released by MarketScout, a national insurance distribution and underwriting company, in collaboration with Novatae Risk Group, a specia...

Posted: Jul 17, 2025

Warburg Pincus to acquire a majority stake in insurance broker Keystone

Keystone, an insurance broker and agency network, announced that growth investor Warburg Pincus, will acquire a majority stake in the company. The private transaction’s financial details were not disclosed. According to the announcement, Bain Capi...

Posted: Jul 17, 2025

LMA welcomes UK Gov’s financial services strategy, says Arabella Ramage

The Lloyd’s Market Association (LMA) welcomes the UK Government’s Financial Services Growth and Competitiveness Strategy, which recognises the insurance sector’s importance, specifically the role of Lloyd’s of London, according to Arab...

Posted: Jul 17, 2025

Coface receives “in principle approval” to establish short term trade credit syndicate at Lloyd’s

Trade Credit insurer Coface has received “in principle approval” from the Lloyd’s marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management. Coface Lloy...

Posted: Jul 16, 2025

Capacity & competition put further pressure on prices after 2024 peak: Fitch

Abundant capacity and intensifying competition among reinsurers are driving softer pricing at the June and July renewals, reinforcing Fitch Ratings’ expectation that market pressures will continue to weigh on prices beyond their 2024 peak. Accordi...

Posted: Jul 16, 2025

CatIQ reduces 2024 Ontario flash flooding loss estimate by 9% to CAD 899m

CatIQ, a Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, has released its fifth industry loss estimate for the flash flooding that impacted southern Ontario on 15th and 16th July 2024, estimating CAD 899 m...

Posted: Jul 16, 2025

Reask introduces global tropical cyclone alert service for insurers

Reask, a provider of tropical cyclone risk intelligence, has launched a new global alert service aimed at helping insurers and catastrophe modellers track storms before they make landfall. The service uses high-resolution windfield forecasting to...

Posted: Jul 16, 2025

Dale appoints Peter Cordell as Head of North America Casualty

Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Peter Cordell as Head of North America Casualty, effective January 2026. In his new role, Cordell will be based in London and wil...

Posted: Jul 16, 2025

Cyber reinsurance capacity grows by $250m amid 5-15% rate declines in H1’25: Lockton Re

Lockton Re, a reinsurance broker specialising in cyber risk, has released its update on the cyber reinsurance market for the first half of 2025. Their analysis reveals key trends and movements driven by shifts in pricing, capacity, and underwritin...

Posted: Jul 16, 2025

Aon strengthens reinsurance team with four executive appointments

Global reinsurance and insurance broker Aon has appointed four senior members to its reinsurance team, including Alfonso Valera as Chief Executive Officer (CEO) of International, Steve Hofmann as CEO of Americas, George Attard as Global Head of St...

Posted: Jul 16, 2025

PwC welcomes UK government’s captive insurance regime

Following the Chancellor of the Exchequer’s announcement regarding the introduction of a UK regime for captive insurance companies, PwC leaders have expressed their support for the new framework. This initiative aims to bolster the UK’s posi...

Posted: Jul 16, 2025

John Neal appointed President of AIG

Global insurer American International Group, Inc. (AIG) has announced the appointment of former Lloyd’s Chief Executive Officer (CEO), John Neal, as its new President, effective December 1st, 2025. In the role, Neal will report to Peter Zaff...

Posted: Jul 16, 2025

Argenta as first Lloyd’s managing agent to adopt Send platform across all business lines

Argenta Syndicate Management Ltd, a Lloyd’s managing agency, has successfully rolled out Send’s Underwriting Workbench across every class of business. This makes Argenta the first Lloyd’s managing agent to adopt the Send platform across all...

Posted: Jul 16, 2025

Argenta becomes first Lloyd’s managing agent to adopt Send platform across all business lines

Argenta Syndicate Management Ltd, a Lloyd’s managing agency, has successfully rolled out Send’s Underwriting Workbench across every class of business. This makes Argenta the first Lloyd’s managing agent to adopt the Send platform across all...

Posted: Jul 16, 2025

UK P&I Club promotes two senior leaders to strengthen Safety & Risk Management division

The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has promoted Ansuman Ghosh to the newly created role of Director of Engineering, and Akshat Arora as Regio...

Posted: Jul 16, 2025

Allianz Commercial restructures its Benelux and Nordics units with four senior hires

Allianz Commercial, part of global insurer Allianz, has made four new senior appointments to establish a new structure to drive growth in the Benelux and Nordics regions. The firm is establishing its Nordics region effective August 1st, 2025, led...

Posted: Jul 16, 2025

Zurich Canada unveils organisational enhancements to support customers and brokers

Zurich Insurance Company Ltd (Canadian Branch) has announced a series of organisational enhancements with new units and leadership appointments to further support customers and broker partners. As the company enters its next phase of growth, these...

Posted: Jul 16, 2025

Wilkinson promoted to AXA XL’s Head of International Casualty, Retail, UK & Lloyd’s

AXA XL, the property and casualty and specialty risk unit of global insurer AXA, has announced the promotion of Shaun Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s. In his new role, Wilkinson will lead AXA XL’s UK & Llo...

Posted: Jul 16, 2025

Marsh welcomes UK government’s captive insurance regime

Marsh, an insurance broker and risk advisor within Marsh McLennan, welcomes the UK government’s announcement to facilitate the creation of a UK regime for captive insurance companies, a move aimed at strengthening the UK’s competitiveness in the g...

Posted: Jul 16, 2025