Reinsurance News

Stonybrook appoints Peter McGuire to Board of Directors

Stonybrook Capital & Risk Management, a global advisory boutique, has announced the appointment of Peter McGuire to its Board of Directors. McGuire is an industry veteran with over three decades of experience in the re/insurance sector. He fou...

Posted: Aug 13, 2025

Pole Star Global expands into marine insurance with Clearwater Dynamics acquisition

Pole Star Global, a provider of maritime intelligence solutions, has acquired UK-based Clearwater Dynamics, a real-time maritime risk intelligence company, marking its expansion into the marine insurance sector. The deal creates a new, integrated...

Posted: Aug 13, 2025

Seckin Atilgan joins Willis Credit Risk Solutions as Head of Growth, Trade Credit in Asia

Willis, a WTW business, has announced the appointment of Seckin Atilgan as Head of Growth for Trade Credit in Asia, within its Credit Risk Solutions business. Based in Singapore, Atilgan will report to Lee Garvey, Head of Credit Risk Solutions, As...

Posted: Aug 13, 2025

AM Best upgrades outlook on WAICA Re to positive, ratings affirmed

AM Best has revised the outlook for WAICA Reinsurance Corporation PLC (WAICA Re) to positive from stable, while affirming the company’s Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair). According t...

Posted: Aug 13, 2025

Swiss Re introduces guidance for underwriters on repurposed longevity drugs

Swiss Re’s August 2025 Life Guide has introduced guidance for underwriters on how to assess life insurance applicants who show signs of using repurposed longevity drugs, an emerging trend among health-conscious individuals. The update provid...

Posted: Aug 12, 2025

Liberty GTS promotes Jason Remsen to Head of East, Americas

Liberty Global Transaction Solutions (GTS), a division of Liberty Mutual Insurance, has announced the promotion of Jason Remsen to Head of East in the Americas region. Based in New York City, Remsen will report to Hilary Weiss, Head of Americas at...

Posted: Aug 12, 2025

CatIQ lowers Hurricane Debby flood loss estimate in Ontario & Quebec to CAD 2.8bn

CatIQ, a provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released its fifth industry loss estimate for the extensive flooding in Ontario and Quebec caused by the remnants of Hurricane Debby between 9 and 10 Aug...

Posted: Aug 12, 2025

Allianz Trade appoints Stephen Georgetii as CCO for the Americas

Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed Stephen Georgetii as its new Chief Credit Officer for the Americas. In this role, Georgetii will oversee the development and implementation of credit...

Posted: Aug 12, 2025

Zurich launches Fronted MBR solution for multibillion-dollar construction programs

Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given...

Posted: Aug 12, 2025

CAC Group names John Ludwig as President & Chief Growth Officer

CAC Group, a national insurance broker and advisor comprised of CAC Specialty and CAC Agency, has appointed John Ludwig to the newly created role of President & Chief Growth Officer. The appointment underscores CAC’s continued investment...

Posted: Aug 12, 2025

Hiscox lifts return estimates for syndicates 33 and 6104

International specialist insurer Hiscox has disclosed current estimates for Syndicate 33’s and Syndicate 6104’s 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12%...

Posted: Aug 12, 2025

Specialist Risk Group acquires London-based broker City Quarter Brokers

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an indepe...

Posted: Aug 12, 2025

Lockton unveils new U.S. practice alignment to better serve clients

Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transpo...

Posted: Aug 12, 2025

Canada Life Re’s base earnings grow 9% in Q2’25 to $229m

Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s rob...

Posted: Aug 12, 2025

Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff

Hannover Re, one of Europe’s big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm’s ceding companies, while the carr...

Posted: Aug 12, 2025

Davies names Richard Barke as CEO of Insurance Solutions division

Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth...

Posted: Aug 12, 2025

Ategrity’s underwriting income up 119.1% as CoR improves to 88.9% in Q2’25

Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ra...

Posted: Aug 12, 2025

Swiss Re CorSo names Sawalani as Head of Customer & Distribution Management, SEA

Swiss Re Corporate Solutions (CorSo), the commercial insurance arm of reinsurance giant Swiss Re, has appointed Preeti Sawalani as Head of Customer and Distribution Management, Southeast Asia (SEA), effective September 1st, 2025. In her new role,...

Posted: Aug 12, 2025

Atrium expands Aviation underwriting team with new hire

Atrium, an insurance group operating within Lloyd’s market, has announced the appointment of Rob James as an Underwriter in its Aviation division. Atrium provides tailored insurance solutions across various specialty sectors, including aviation. J...

Posted: Aug 12, 2025

PIC concludes £36m buy-in with Helaba Pension and Life Assurance Plan

Pension Insurance Corporation, a specialist insurer of defined benefit pension schemes, has concluded a £36 million buy-in with the Helaba (London) Pension and Life Assurance Plan, covering the pensions of all 156 members. Helaba Group is a commer...

Posted: Aug 12, 2025

TransRe collaborates with Cytora to enhance facultative risk processing efficiency

TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide...

Posted: Aug 12, 2025

Pacific Life Re appoints new leaders in Asia to strengthen regional partnerships

Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The...

Posted: Aug 12, 2025

Hannover Re posts 13% rise in net income as Group revenue hits €13.3bn in H1’25

European reinsurer Hannover Re has reported a 3.3% rise in gross reinsurance revenue to €13.3 billion for the first half of 2025, with solid revenue growth in property and casualty (P&C) more than offsetting a slight contraction in life and he...

Posted: Aug 12, 2025

Send names Laura Wathen as Chief Financial Officer to support global growth

Send Technology Solutions Ltd (Send), a provider in the insurtech space, has named Laura Wathen as its Chief Financial Officer (CFO) as the company prepares for its next stage of global growth. Wathen previously held the CFO role at fintech platfo...

Posted: Aug 12, 2025

Chubb promotes Steve Haney to President and CUO of Global Surety

Global insurer Chubb has announced the promotion of Steve Haney to President and Chief Underwriting Officer (CUO) of Global Surety. In this role, Haney will have executive operating responsibility for strategy, underwriting, and profit and loss (P...

Posted: Aug 12, 2025