Reinsurance News
At its 2025 Investor Day, Hippo unveiled a three-year strategic roadmap, setting 2028 financial targets that include gross written premiums exceeding $2 billion, adjusted net income above $125 million, and an adjusted return on equity greater than...
Posted: Jun 13, 2025
Singapore Reinsurance Corporation Ltd (Singapore Re) has secured a reinsurance branch license from the International Financial Services Centres Authority (IFSCA) to operate as an IFSC Insurance Office (IIO) in Gujarat International Finance Tec-Cit...
Posted: Jun 13, 2025
Volante Global, an international Managing General Agent (MGA) and Lloyd’s Syndicate, has announced the appointment of Peter Montanaro as Non-Executive Director, effective 1st July 2025. In this role, Montanaro will work closely with Martin Reith,...
Posted: Jun 13, 2025
A recent independent report commissioned by Bermuda International Long Term Insurers and Reinsurers (BILTIR)—an association representing Bermuda-based long-term re/insurance companies—and conducted by Oliver Wyman, a global management consulting f...
Posted: Jun 13, 2025
Specialty insurer and reinsurer IQUW has promoted Phil Furlong to the newly created role of Head of Technical Underwriting and Oversight, with Mark McDonach succeeding Furlong as Head of Marine, Energy, and Aviation. According to IQUW, in his new...
Posted: Jun 13, 2025
Ryan Specialty, an international specialty insurance firm, has signed a definitive agreement to acquire the business of J.M. Wilson Corporation, a Michigan-domiciled business offering products from personal lines to surety, and transportation expe...
Posted: Jun 13, 2025
The Board of Coastal Marine Asia Holdings Ltd. (Coastal Marine), a specialist marine insurance MGA and risk management consultancy, has announced the appointments of Joe Battle as Chairman of the Board and Callum Clark to the newly created role of...
Posted: Jun 13, 2025
Majesco, a provider of cloud-based insurance software, has released a new Thought Leadership report, Strategic Priorities 2025: A New Operating Business Foundation for the New Era of Insurance, which outlines why a shift away from legacy operating...
Posted: Jun 13, 2025
Mission Underwriters, a technology-driven global underwriting company, has announced the appointment of Sujatha Raju as Chief Technology Officer. In her new role, Raju will lead the technology team in advancing the company’s platform, focusing on...
Posted: Jun 13, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk models and analytics to the insurance industry, has announced that its US Hurricane Reference Model Version 5.0 has been officially certified by the Florida Commission on Hurricane Lo...
Posted: Jun 12, 2025
Tim Sweeney, Chairman and CEO of Liberty Mutual Insurance, has announced that Gordon Watson has been elected to the company’s board of directors. Watson brings over three decades of experience in the insurance sector. He recently served as C...
Posted: Jun 12, 2025
Insurance and reinsurance broking group WTW has appointed Scott Van Slyck as Senior Director of Technology Sales and Kate Gingras as Director of Strategy Execution within its Insurance Consulting and Technology (ICT) business. The pair will report...
Posted: Jun 12, 2025
The Baldwin Group has announced that its indirect subsidiary, Westwood Insurance Agency LLC, has entered into an agreement to acquire the homebuilder distribution network from Hippo Holdings, Inc. and its affiliates, expected to close on or around...
Posted: Jun 12, 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has congratulated Ian Wrigglesworth on his election as President of the Aviation Insurance Association (AIA) for the 2025–2027 term. The AIA is a professional organisation dedicated to...
Posted: Jun 12, 2025
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the appointment of Neil Nimmo as CEO – UK. In his new role, Nimmo will oversee SRG’s Retail, Wholesale, and Underwriting businesses in the U...
Posted: Jun 12, 2025
Swiss Re, a reinsurance company, has issued a warning in its newly published 2025 SONAR report: extreme heat now poses a greater threat to human life than floods, earthquakes, and hurricanes combined. The annual report, which monitors emerging ris...
Posted: Jun 12, 2025
Asta, a third-party managing agent at Lloyd’s, has appointed Stuart Logue as Chief Financial Officer (CFO) of Asta Managing Agency, subject to regulatory approval. Logue replaces Richard Barke, who is moving to a senior leadership role at Asta’s o...
Posted: Jun 12, 2025
Just Group has completed a c. £150m pensioner buy-in with the MGN Pension Scheme, sponsored by Reach plc, which provides pensions for former employees of Mirror Group Newspapers. The buy-in, which was completed in November 2024, reportedly insures...
Posted: Jun 12, 2025
The Managing General Agents’ Association (MGAA) has partnered with market intelligence platform Insurance DataLab to provide valuable insights to its members and empower the community to make more informed, data-driven decisions. In line with the...
Posted: Jun 12, 2025
Global reinsurance giant Swiss Re views legacy as a long-term business built on trusted relationships, and while positive steps have been taken to improve the resilience and perception of the market, there’s more work to do, according to Janic Sch...
Posted: Jun 12, 2025
Global insurance and reinsurance broker Aon has appointed Chalisa Maythangkul as Director of its Natural Resources team in Asia. Maythangkul brings three decades of industry experience. She joins Aon from Howden Maxi / Howden Singapore, where she...
Posted: Jun 12, 2025
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