Reinsurance News
Zurich-domiciled catastrophe insurance data provider PERILS AG has disclosed its second industry loss estimate for Cyclone Alfred to AUD 2.25 billion, a 12% dip from its initial loss estimate of AUD 2.568 billion issued in April 2025, six weeks af...
Posted: Jun 12, 2025
Compre, a Bermuda-domiciled international specialty reinsurance group, has appointed Rachel Bardon to the newly-created role of chief underwriting officer (CUO), effective 1st September 2025. Based in Bermuda, Bardon will join Compre’s executive c...
Posted: Jun 12, 2025
Howden Re, the reinsurance and strategic advisory division of global broking group Howden, has appointed John Philipsz as Managing Director (MD), Head of Howden Re Australia and New Zealand, effective July 1st, 2025, reporting to Andy Souter, Head...
Posted: Jun 12, 2025
Lockton Re, the reinsurance arm of independent insurance broker Lockton, has appointed Daryl Polenz as a Senior Broker, based in Kansas City. Polenz has over three decades of extensive experience in the property & casualty (P&C) reinsuranc...
Posted: Jun 12, 2025
Ryan Specialty Underwriting Managers, the specialty underwriting arm of Ryan Specialty, has announced the launch of Ryan Specialty Renewables, a new international business unit that brings together several renewable energy managing general underwr...
Posted: Jun 12, 2025
The main risk of Section 899 of the US Tax Bill for European insurers and reinsurers relates to a tax on dividends from their US subsidiaries, however, the impact on earnings is expected to be relatively manageable, according to Berenberg. Section...
Posted: Jun 11, 2025
United Risk, a global property and casualty insurance underwriting and distribution platform, has promoted Hayden Smith to Regional CEO. In this role, Smith will oversee the company’s EU, UK, and British Commonwealth business, managing further exp...
Posted: Jun 11, 2025
Following a recent ruling by the English High Court in favour of aircraft lessors for the 2021 and 2022 underwriting years, a key development in the ongoing Russia-Ukraine aviation litigation, Fidelis Insurance Group has announced it is “reviewing...
Posted: Jun 11, 2025
Amynta Risk Solutions has announced the appointment of Alan Wiederhold as President of Accident & Health (A&H). In this role, Wiederhold will be responsible for expanding Amynta Risk Solutions’ product offerings and strengthening its value...
Posted: Jun 11, 2025
Verisk, a data analytics and technology provider to the insurance and energy industries, has announced a refreshed leadership structure for its Property Claims Services (PCS) unit. This initiative is aimed at strengthening PCS’s support for the re...
Posted: Jun 11, 2025
SCOR has launched the NatReCo Initiative to offer clients re/insurance solutions supporting nature-positive projects that address societal challenges such as climate change, health and wellbeing, food and water security, sustainable agriculture, a...
Posted: Jun 11, 2025
Mercury Insurance, a provider of property and casualty insurance, has appointed Steve Bennett as its Senior Director of Climate and Catastrophe Science, where he will build and lead a team dedicated to helping identify ways Mercury and its policyh...
Posted: Jun 11, 2025
European cedants are showing renewed interest in aggregate catastrophe reinsurance coverage, as elevated retentions and heightened sensitivity to the potential impact of an increased frequency of events put pressure on underwriting earnings, accor...
Posted: Jun 11, 2025
In a new report, Howden Re reveals that the European Managing General Agent (MGA) ecosystem is growing at a five-year compound annual growth rate (CAGR) of approximately 23%, outpacing both US and global benchmarks. There are over 650 MGAs across...
Posted: Jun 11, 2025
Ategrity Specialty Insurance Company Holdings, formerly known as Ategrity Specialty Holdings LLC, launched its initial public offering (IPO) of 6,666,667 shares earlier this month and has confirmed the pricing for the same at $17 per share. It is...
Posted: Jun 11, 2025
Wajahat Khawaja has taken on the role of Head of Governance and Controls at MNK Group, an independent organisation operating across various sectors of the insurance industry. Bringing over three decades of experience, including extensive work inte...
Posted: Jun 11, 2025
Samsung Fire & Marine Insurance (SFMI) has lifted its stake in specialty and P&C re/insurer Canopius following the signing of an additional equity investment contract worth $570 million. This additional 21% stake has been purchased from ex...
Posted: Jun 11, 2025
Despite 69% of insurance companies having adopted AI, only 36% of US customers report improved digital experiences, highlighting the industry’s ongoing challenge to effectively scale AI to enhance customer experience and drive growth, according to...
Posted: Jun 11, 2025
The latest findings of WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), reveals that US commercial insurance rates have continued a downward trajectory compared with the prior two quarters, despite an increase of 5.3% in the first quarter...
Posted: Jun 11, 2025
Millennium Information Services (MIS), a provider of property inspection solutions for the insurance industry, has made a strategic investment in DigsFact, an artificial intelligence (AI) company specialising in real-time virtual inspections and a...
Posted: Jun 11, 2025
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Adrian Hall as the Chief Executive Officer (CEO) of the United States branch. The firm explained that his leadership marks “a pivotal ste...
Posted: Jun 11, 2025
Great Britain’s government-backed terrorism reinsurer, Pool Re, has chosen Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to modernise its investment operations, accounting, an...
Posted: Jun 11, 2025
With Canada’s 2025 wildfire season poised to become one of the most destructive on record following a historically damaging 2024, reinsurers are likely to re-evaluate their Canadian exposure, according to a recent report by Morningstar DBRS. As of...
Posted: Jun 10, 2025
Arundo Re, the French reinsurance company, has named Raphaël Marin as Non-Life Underwriter and Actuary for the Latin America (LatAm) market. With over thirteen years of experience in the insurance and reinsurance sectors, he has built a strong pro...
Posted: Jun 10, 2025
Alan Gray LLC, in conjunction with its wholly owned subsidiary A.G. Risk Management, Inc., has been appointed under a Pool Manager Agreement to serve as the successor pool manager for the Excess and Casualty Reinsurance Association (ECRA) and Carp...
Posted: Jun 10, 2025