Reinsurance News
Artemis, our insurance-linked securities (ILS) focused sister publication, is hosting a webinar on June 17th, 2025, at 10am EST in the US (3pm BST UK), in collaboration with Computershare, during which market experts will discuss the state of the...
Posted: Jun 10, 2025
Specialty insurer and reinsurer, Vantage Group Holdings Ltd., has appointed James (Jim) Gunson as Chief Claims Officer of insurance operations. In his new role, Gunson will report to Alex Blanco, Chief Executive Officer of Insurance. He will lead...
Posted: Jun 10, 2025
According to Fitch Ratings, a provider of credit ratings, research, and risk analysis, Saudi Arabia’s insurance industry is poised for a period of intensified consolidation over the next two years. This trend is expected to be driven by tightening...
Posted: Jun 10, 2025
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Ri...
Posted: Jun 10, 2025
UnderwriteMe, the Insurtech company of Pacific Life Re, has announced a number of key leadership appointments, including Scott Hunt as Director of Business Development, North America (NA), which follows the transition of Brett Laker to the role of...
Posted: Jun 10, 2025
Aurora, an algorithmic commercial insurance platform, has launched a new Lloyd’s-backed Property Owners insurance product, aiming to enhance how brokers access and place Property risks. The product leverages Aurora’s digital insurance platform and...
Posted: Jun 10, 2025
Arch Insurance International, a division of Bermuda-domiciled re/insurer Arch Capital Group, has appointed Holley Higgins to the newly created role of Head of Ports & Terminals. In her new role, Higgins will be responsible for developing Arch’...
Posted: Jun 10, 2025
B.P. Marsh & Partners has announced a £97.2 million increase in its Net Asset Value, reaching £326.4 million for the year ended 31 January 2025, a 42.4% rise compared to the previous year. Meanwhile, the firm has reported a consolidated profit...
Posted: Jun 10, 2025
Specialist insurer Beazley has announced the appointment of Stefan Wunderlich as Head of Parametric Insurance, effective 10th June 2025. Based in Zurich, Switzerland, Wunderlich will report to Richard Montminy, Group Head of Property Risks at Beaz...
Posted: Jun 10, 2025
Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 43.9% increase in gross premiums written (GPW) in the first quarter of 2025 (Q1’25) to $212.2 million from $147.5 million in Q1’24. Meanwhile, gross premiu...
Posted: Jun 10, 2025
In a press conference covered by the Jakarta Globe, Indonesia’s Financial Services Authority (OJK) confirmed that the country is planning to explore relaxing regulations to promote multinational reinsurance companies to open branches in Indonesia....
Posted: Jun 10, 2025
Canopius Group, a specialty and property & casualty insurer and reinsurer, has announced the appointment of Tom Losquadro as Vice President (VP) of Underwriting for National Hull & Liability in the United States. Losquadro joined the firm...
Posted: Jun 10, 2025
Britam Holdings has acquired a 30% stake in Continental Reinsurance Company (Kenya) Limited (Continental Re) for Sh763.78 million in the financial year ended December 2024, representing a strategic move to diversify its revenue streams. The stake...
Posted: Jun 10, 2025
According to credit rating agency AM Best, the US property and casualty (P/C) insurance industry recorded a $1.1 billion net underwriting loss in the first quarter of 2025—a significant decline from the $9.4 billion gain reported during the same p...
Posted: Jun 09, 2025
At Aon’s Investor Day 2025, Andy Marcell, CEO of Global Solutions, said that reinsurance continues to see strong demand, driven by climate change and social inflation in the US casualty market, adding that he expects Aon to sustain mid-single-digi...
Posted: Jun 09, 2025
Slide Insurance Holdings, Inc., the technology-enabled insurer, has launched its initial public offering (IPO) of 20,000,000 shares of its common stock, in a registration statement on Form S-1 with the Securities and Exchange Commission (SEC). Sli...
Posted: Jun 09, 2025
Mereo Advisors Group, a Bermuda-based firm specialising in insurance, reinsurance, and asset management, has announced it will now operate under the new name Cedar Trace. The change is limited to branding. The company’s leadership, operations, and...
Posted: Jun 09, 2025
RenaissanceRe has announced a series of senior promotions across its U.S. operations and global underwriting teams. RJ Shea has been named President of Renaissance Reinsurance U.S. Inc., following a two-year tenure as Senior Vice President and Glo...
Posted: Jun 09, 2025
In a Reinsurance News interview, Megan Linkin, Expert Structurer at Swiss Re Corporate Solutions, the global reinsurer’s commercial insurance arm, discussed the growing demand for parametric insurance amid an uptick in severe weather events...
Posted: Jun 09, 2025
Arch Insurance International has announced the promotion of Ed Short as Head of Digital, effective immediately. In his new role, Short will lead the execution of Arch’s digital underwriting strategy. This involves ensuring a cohesive approach acro...
Posted: Jun 09, 2025
As of April 2025, the California Earthquake Authority’s (CEA) risk transfer tower has grown to approximately $7.8 billion in total in-force coverage, following the successful renewal of additional reinsurance protection. According to the CEA’s lat...
Posted: Jun 09, 2025
Travelers Europe, a division of The Travelers Companies Inc., has announced the appointment of Andy Brown as its Chief Underwriting Officer for Business Insurance. Brown is taking over the role from Heather Batchelor, who is retiring following ove...
Posted: Jun 09, 2025
Global insurer Chubb has announced the promotion of James Brown to Head of Major Accounts for Asia, in addition to his current position as Head of Global Broking, Asia. In his expanded role, Brown will be responsible for managing and growing Chubb...
Posted: Jun 09, 2025
Africa Specialty Risks (ASR), a re/insurance group focused on high-growth markets, has launched ASR 24-7, a digital underwriting platform designed to simplify and accelerate broker access to its products and services. Exclusively available to auth...
Posted: Jun 09, 2025
Sucheng Chang has been appointed to head up Markel International’s Asia Pacific business, which operates from its regional hub in Singapore and offices in Australia, Hong Kong, China, India, Malaysia and Dubai. Effective from 14 July, Chang...
Posted: Jun 09, 2025