Reinsurance News
Global reinsurance broker Gallagher Re has announced the appointment of Lisa Duncan as Senior Vice President (SVP), NA Program Solutions. Duncan brings more than 16 years of re/insurance experience to her new role. She joins Gallagher Re from BMS...
Posted: May 29, 2025
Howden’s global reinsurance, capital markets, and strategic advisory arm, Howden Re, has noted a continued moderation in property-catastrophe reinsurance pricing at 1 June 2025, while underwriting rigour reportedly persisted, especially in s...
Posted: May 29, 2025
Hurricane associated risks are distorting property markets in locations previously considered stable, not due to direct storm impact, but due to escalating insurance challenges, a recent report by Cotality has revealed. The 2025 Hurricane Risk Rep...
Posted: May 29, 2025
Aspen Insurance Group, a specialty insurer and reinsurer, has announced the appointment of Lee Elliston as Chief Operating Officer, Claims & UK. Elliston joined Aspen in January 2022 and has served as Chief Operating Officer, Group Claims sinc...
Posted: May 29, 2025
The UK P&I Club reported continued growth at the end of the 2024/2025 financial year, with a 6.6% investment return increasing the Club’s free reserves to $494 million, despite a challenging policy year for the sector. The rise in free reserve...
Posted: May 29, 2025
Helios Underwriting has reported preliminary retained underwriting profit of £31.4 million in its 2024 results, which remains relatively flat compared to 2023’s £31.6 million. The company, which offers instant access to a diverse portfolio of synd...
Posted: May 29, 2025
Moody’s Ratings has revised the outlook on Assicurazioni Generali S.p.A. (Generali) to positive from stable and affirmed its A3 Insurance Financial Strength Rating (IFSR). The outlooks on Generali’s main operating insurance subsidiaries in Italy,...
Posted: May 29, 2025
SanlamAllianz Re’s Synapse 2025 event served as a catalyst for bold dialogue, strategic partnerships, and forward-thinking innovation, reinforcing confidence in Africa’s future, according to the reinsurance provider’s CEO, Ilyes Hassib. More than...
Posted: May 29, 2025
Discussing how the Florida-focused June reinsurance renewals are shaping up, Randy Fuller, Managing Director, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has suggested the California wildfires in Q1 are not expected to have a mea...
Posted: May 29, 2025
International specialist insurer Hiscox has announced the appointment of Peter Clarke as the Group’s new Chair designate, subject to regulatory approval. Clarke is set to take over the Board as Chair designate on June 1, 2025, succeeding Colin Keo...
Posted: May 29, 2025
Atrium, a specialty insurer at Lloyd’s, has promoted Adam Payne to the role of Deputy Head of Digital Underwriting. In this position, he will work in close partnership with Simon Lewis, Head of Digital Underwriting, to enhance Atrium’s digital inf...
Posted: May 29, 2025
Asian Reinsurance Corporation (Asian Re), a Thailand-based reinsurer providing risk transfer solutions across Asia in Thailand, has shown notable progress in its financial and operational performance during 2024. The company achieved a combined ra...
Posted: May 29, 2025
Rokstone, the international specialty re/insurance MGA and part of the Aventum Group, is strengthening its global specialty offering with the launch of its International Casualty Division. Sam Wylie has been appointed Portfolio Manager of the new...
Posted: May 29, 2025
Moody’s Ratings has affirmed the ratings and maintained negative outlooks on eight Chinese insurers and one related overseas subsidiary, following its affirmation of China’s A1 sovereign rating with a negative outlook. The nine insurers affected a...
Posted: May 29, 2025
AXA XL Reinsurance has announced the appointment of Petya Ivanova as Head of Property, International Reinsurance, effective July 1st, 2025. In her new role, Ivanova will oversee the company’s international property portfolio, working closely with...
Posted: May 29, 2025
AXA XL Reinsurance has announced the appointment of Petya Ivanova as Head of Property, International Reinsurance, effective July 1st, 2025. In her new role, Ivanova will oversee the company’s international property portfolio, working closely with...
Posted: May 29, 2025
Core Specialty Insurance Holdings, Inc. and its subsidiaries have appointed Patrick Gordon to the company’s Board of Directors, effective immediately. Gordon replaces Marc Stad on the board, who has served as a Director Designated by Dragoneer Inv...
Posted: May 29, 2025
S&P Global Ratings, a provider of independent credit assessments and financial analysis, has downgraded the credit ratings of United Services Automobile Association (USAA) and its core insurance subsidiaries from ‘AA+’ to ‘AA’. The ratings fir...
Posted: May 29, 2025
Root Platform, the API-first core platform for delegated authority insurance business, has announced the appointment of Oliver Evans as its new Head of Growth UK, supporting Root’s ongoing plans to expand within the UK insurance market. Evans has...
Posted: May 29, 2025
Global Captive Management, Ltd. (GCM) has announced the launch of ‘Outcomes SPC’, a new solution that will offer businesses a cost-effective, streamlined way to enter the captive insurance space. This will allow younger, smaller, or more entrepren...
Posted: May 29, 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, has outlined key priorities ahead of the 15th International Conference. According to a statement from Insurance Europe’s leadership — Frédéric de Courto...
Posted: May 28, 2025
Celebrating one year since the launch of The Fidelis Partnership’s (TFP) Abu Dhabi Global Market office, Fidelis MEASA has delivered strong growth, contributing a significant $88 million in Gross Written Premium (GWP) to TFP’s group-wide GWP of $4...
Posted: May 28, 2025
Aegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Everspan Group, a specialty property and casualty insurance platform, to launch a new Excess program for Petroleum Gasoline Haulers. The progr...
Posted: May 28, 2025
Fitch Ratings, a global credit ratings agency and financial information provider, reports that the US personal lines insurance market returned to underwriting profitability in 2024 after three consecutive years of losses. Fitch reports that the se...
Posted: May 28, 2025
Insurer and reinsurer Markel is expanding mea Platform’s generative AI (GenAI) solution to Canada, where it will be applied across Markel Canada’s underwriting operations to automate the extraction of unstructured data from submission-related docu...
Posted: May 28, 2025