Reinsurance News
Optalitix has revealed an upgrade to its flagship product, Optalitix Models, with the launch of a powerful new feature, Model Monitoring. This enhancement, made possible by integrating Google Cloud’s latest system tracking technologies directly in...
Posted: Jun 04, 2025
As licensed foreign reinsurers continue to expand their market presence in India, their market share, in terms of gross written premiums (GWP), is estimated to surpass 50% in 2025, according to GlobalData. Foreign reinsurers have nearly doubled th...
Posted: Jun 04, 2025
Newline Group, a specialty insurance provider, has appointed John Driscoll to the newly created position of Deputy Chief Underwriting Officer. Driscoll will be based in London, working alongside Andy Pecover, the Chief Underwriting Officer of Newl...
Posted: Jun 04, 2025
Howden, an insurance intermediary, has acquired Granular Investments Limited and Granular Investments EU SAS, reinforcing its position in the European credit risk transfer market. The acquisition enhances Howden’s solutions for major financial ins...
Posted: Jun 04, 2025
Odyssey Reinsurance Company, the property and casualty reinsurance arm of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Matthew Sheppard as Deputy Chief Underwriting Officer (CUO), London branch. S...
Posted: Jun 04, 2025
According to Fitch Ratings, a credit rating agency known for its financial analysis and industry outlooks, Germany’s non-life insurance sector performed better than previously projected in 2024. Fitch revised key performance indicators upward acro...
Posted: Jun 04, 2025
Bermuda-domiciled insurer and reinsurer AXIS Capital Holdings has appointed Peter Smith as the Head of Cyber North America and Tara Sapru as the Head of Technical Underwriting in its Global Cyber & Technology (GCT) team, effective immediately....
Posted: Jun 04, 2025
The African Reinsurance Corporation has reported an overall net profit for Q1 2025 of $22.5 million, marking an increase of 32.5% compared to a profit of $16.9 million achieved in the same period of 2024. According to the firm, the net income incr...
Posted: Jun 04, 2025
Mosaic Insurance, a specialty underwriter, has announced key leadership changes to support its continued expansion. Yosha DeLong has been promoted to Global Engagement Officer, while cyber insurance veteran Brian Bonkoski joins the firm as Global...
Posted: Jun 04, 2025
Cyberwrite, a cyber insurance technology firm, and Markel Insurance, the insurance operations within Markel Group, have expanded their partnership to enhance underwriting capabilities, broker enablement, and cyber risk modelling across Europe. Mar...
Posted: Jun 04, 2025
Global insurance and reinsurance broker Howden has appointed Peter Steiner as Executive Director, Agriculture & Nature Parametrics. Steiner joins Howden after nine years at Syngenta, where he began in May 2016 as Global Financial Solutions Man...
Posted: Jun 04, 2025
Ategrity Specialty Holdings LLC has launched its initial public offering (IPO) of 6,666,667 shares of common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the SEC). Prior to the closing o...
Posted: Jun 04, 2025
Global insurance and reinsurance broker Aon has announced the appointment of Chris Knutson as Chief Claims Officer, Global Broking Centre (GBC). In this role, Knutson will lead more than 100 claims professionals dedicated to the London Market. He...
Posted: Jun 04, 2025
The Data Council, a cross-market body made up of senior representatives from key London Market organisations, has launched a high-profile campaign to encourage the widespread adoption of a single shared data standard. Backed by industry CEOs, the...
Posted: Jun 04, 2025
As concentration in reinsurance increases, those players who want to secure a stronger place in the market, or just stay relevant, have three organic options: expand their offerings, expand where they play, or expand their relationships, Boston Co...
Posted: Jun 03, 2025
Howden Re, the reinsurance, capital markets, and strategic advisory division of Howden, an insurance intermediary group, has formed a Strategic Cooperation Agreement with Rivonia Road Capital, a US-based credit investment firm. This collaboration...
Posted: Jun 03, 2025
Mangrove Property Insurance Company has finalised its catastrophe reinsurance program for the 2025 Atlantic hurricane season, protecting the firm and its policyholders to the 175-year return period and for events exceeding any in the historical re...
Posted: Jun 03, 2025
Allianz UK, part of the global financial services provider Allianz Group, has appointed Akhil Lalwani as its new Chief Data Officer (CDO). The move follows the company’s decision to create a centralised data function, aimed at aligning its data st...
Posted: Jun 03, 2025
Evercore ISI, an independent investment banking advisory and research firm, highlights a significant shift in the insurance brokerage industry. As organic growth begins to slow due to broader economic factors, mergers and acquisitions (M&A) ar...
Posted: Jun 03, 2025
Property and casualty insurer Skyward Specialty has entered the specialised aviation market with the launch of a new Aviation underwriting unit following the acquisition of Acceleration Aviation Underwriters assets last year. Chris Jones, founder...
Posted: Jun 03, 2025
Arch Reinsurance Group (Arch Re), the reinsurance arm of Arch Capital Group, has announced the promotions of William Soares to President of Arch Re Ltd.; Pierre Jal to President of Arch Reinsurance Europe Underwriting dac (Arch Re Europe); and Dav...
Posted: Jun 03, 2025
Accredited Insurance Program Management (Accredited), a global program manager, has announced the appointment of Jon Wood as Head of Reinsurance, UK & Europe. Wood brings 25 years of reinsurance experience to the role. He joins Accredited from...
Posted: Jun 03, 2025
HCI Group, a Tampa-based insurance holding company specialising in property and casualty coverage, has finalised its catastrophe reinsurance programme for the 2025-2026 treaty year, which runs from June 1, 2025, through May 31, 2026, securing more...
Posted: Jun 03, 2025
Specialist re/insurance broking group Miller has completed its acquisition of AHJ Holdings Ltd (AHJ), the ultimate parent company of Alwen Hough Johnson Limited and AHJ Europe AS. The transaction closed on June 2, following the receipt of all nece...
Posted: Jun 03, 2025
Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Ilsa Derfus as its Director of Capacity. In her new role, Derfus will be responsible for managing Coalition’s relationships with carrier partners an...
Posted: Jun 03, 2025