Reinsurance News
The Diot-Siaci Group, a specialist insurance and reinsurance broker and consulting group, has announced a major ownership restructuring, with Ardian, a private investment firm as lead financial shareholder. Following exclusive negotiations, both c...
Posted: Sep 26, 2025
The overall property and casualty (P&C) industry continues to be negatively impacted by the US commercial auto insurance sector, having accumulated over $10 billion in net underwriting losses in the last two years, according to a new AM Best r...
Posted: Sep 26, 2025
Chubb, a global insurer, has announced the appointment of Joe Gaspero as Senior Vice President, National Account Segment Leader of Major Accounts Excess Casualty, effective immediately. In his new role, Gaspero will oversee the growth and developm...
Posted: Sep 26, 2025
Gallagher Re, a global reinsurance brokerage and risk advisory firm, reports that Florida’s property insurance market is experiencing a significant resurgence, driven largely by recent tort reforms that have restored confidence among carriers, rei...
Posted: Sep 26, 2025
In the last week of September, Southeast Asia and China were struck by Super Typhoon Ragasa, with economic losses expected to reach hundreds of millions of USD and insured losses potentially exceeding tens of millions, according to Aon’s Weekly Ca...
Posted: Sep 26, 2025
Amynta Group, an insurance services provider, has entered into a definitive agreement to acquire New Orleans-domiciled, commercial surety brokers Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively know...
Posted: Sep 26, 2025
Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers, subject to certain conditions. Under the...
Posted: Sep 26, 2025
ICW Group Insurance Companies, a group of property and casualty insurers, has appointed Jake Sokol as Head of Excess Casualty for its newly established specialty products business unit, ICW Specialty. The new business unit includes VerTerra Insura...
Posted: Sep 26, 2025
DB Insurance Co., Ltd., the second largest non-life insurer in South Korea, is set to acquire 100% of the outstanding shares of The Fortegra Group, Inc., a US-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion...
Posted: Sep 26, 2025
New Energy Risk (NER), a specialist managing general underwriter and a wholly owned division of Paragon Insurance Group, has announced its first tax credit insurance transaction, in partnership with the tax insurance broker at Alliant Insurance Se...
Posted: Sep 26, 2025
Bridgehaven Specialty UK Limited, a hybrid insurer in commercial and specialty lines, has joined the Association of British Insurers (ABI). Bridgehaven is an independent UK hybrid-fronting insurer that empowers managing general agents (MGAs) with...
Posted: Sep 26, 2025
Reinsurance industry giant Swiss Re has announced the promotion of Pavel Huerta-Uribe to Head of Property Underwriting Globals for the Asia Pacific (APAC) region, effective September 15th, 2025. In the role, he succeeds Andy Tran, and will be base...
Posted: Sep 26, 2025
Davies, a professional services and technology provider for the insurance and highly regulated markets, has unveiled its new AI Underwriting Workbench platform to deliver faster, data-driven decisions. The platform strengthens Davies’ existing und...
Posted: Sep 26, 2025
Chris Newman has been appointed to lead ACORD Solutions Group (ASG), a provider of digital solutions for the insurance sector, as Chief Executive Officer (CEO). ASG was established in 2016 as a strategic extension of ACORD, a nonprofit organisatio...
Posted: Sep 26, 2025
The US property and casualty (P&C) insurance industry generated a record $89 billion in investment income in 2024, marking a 20% year-over-year increase, according to AM Best. The firm reported that the growth was fuelled by higher interest ra...
Posted: Sep 25, 2025
Ryan Specialty, an international specialty insurance firm, has launched Clach Casualty Underwriting Managers (Clach Casualty), a new managing general underwriter (MGU) focused on providing casualty insurance solutions for complex construction and...
Posted: Sep 25, 2025
Spanish insurer MAPFRE has announced an update to its innovation model, aiming to increase agility, encourage collaboration, and maximise the effectiveness of company initiatives. The new model, MAPFRE Innovación, is already operational and will s...
Posted: Sep 25, 2025
Continuing its expansion into further perils and geographies, Arbol has launched a new parametric wildfire insurance product for commercial and residential properties in high-risk wildfire regions in the U.S., with coverage limits up to $10 millio...
Posted: Sep 25, 2025
Kingstone is on track to meet its full-year 2025 guidance, thanks to outstanding performance in the first half and continuing into the third quarter. This strong showing also positions the company for top-tier growth and profitability in 2026. For...
Posted: Sep 25, 2025
Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of...
Posted: Sep 25, 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCub...
Posted: Sep 25, 2025
Canopius Group, a global specialty and Property & Casualty re/insurer, has announced the appointment of Norm Kimber as Credit & Political Risk Underwriter, effective in the first quarter of 2026. In his new role, Kimber will help strengthe...
Posted: Sep 25, 2025
New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability...
Posted: Sep 25, 2025
Aon, the global insurance and reinsurance broker, has promoted Leon Walker as Captives Leader for Europe, the Middle East, and Asia (EMEA) effective January 1st, 2026. In his new role, Walker will drive strategy, transformation, and sustainable gr...
Posted: Sep 25, 2025
Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on Octob...
Posted: Sep 25, 2025