Reinsurance News
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal se...
Posted: Sep 24, 2025
Royal London, a UK provider of mutual life, pensions and investment, has completed a £61 million bulk purchase annuity (BPA) transaction with the Stora Enso UK Group Pension Scheme, securing the benefits of 758 members. The latest buy-in marks the...
Posted: Sep 24, 2025
Tokio Marine Kiln (TMK), a specialist insurer, has launched an updated version of its Cyber Ctrl product suite. The new offering includes expanded products and revised wordings, such as the new Professional Ctrl policy for Technology, Media, and E...
Posted: Sep 24, 2025
Ryan Specialty, an international specialty insurance firm, has appointed John “JJ” Gorman as Head of Facultative and Facilities for Ryan Re Underwriting Managers (Ryan Re), effective October 1st, 2025. Ryan Re is the insurer’s ma...
Posted: Sep 24, 2025
GreenieRE Coalition, a reinsurer focused on insurance innovation for the energy transition, and Trellis Climate, an impact-first, catalytic capital program investing in early climate infrastructure projects, have launched Vensurety, an impact-firs...
Posted: Sep 24, 2025
Specialist Risk Group (SRG), a specialist insurance group, has announced the appointment of Sasa Brcerevic as its first Group Chief Commercial Officer, effective 1 November 2025. Brcerevic brings a broad and varied background across the insurance...
Posted: Sep 24, 2025
Moody’s Ratings, the credit rating agency and research firm, reported that US property and casualty insurers delivered stronger profitability in the first half of 2025, even as California wildfires in the first quarter drove substantial catastroph...
Posted: Sep 23, 2025
TD Cowen, an investment bank and financial services firm, recently hosted a field trip to London with senior management from Arch Capital (ACGL), Ascot, Canopius, Everest Group (EG), Hiscox, Howden Re, Inigo, Intact, Lancashire, and Sirius Point....
Posted: Sep 23, 2025
HDI Global Insurance Company (HGIC), the US arm of international Corporate & Specialty insurer HDI Global (HDI), has appointed Bruce Griffin as Head of Casualty. Griffin brings over 30 years of underwriting and leadership experience. Most rece...
Posted: Sep 23, 2025
A newly established Florida domiciled property insurer, Praxis Reciprocal Exchange (PRE), has received its certificate of authority from the Florida Office of Insurance Regulation (OIR). PRE will operate as a reciprocal insurer, owned by its polic...
Posted: Sep 23, 2025
Global insurer MetLife has acquired a 20% stake in insurtech Klimber, a partnership that aims to transform how insurance is accessed and distributed throughout Latin America. This achievement, the firm stated, strengthens Klimber’s position...
Posted: Sep 23, 2025
S&P Global Ratings has indicated that Radian’s recent $1.7 billion acquisition of Lloyd’s specialty insurer Inigo could enhance the diversification of its business and create growth opportunities that are currently constrained within its U.S....
Posted: Sep 23, 2025
Global insurance and reinsurance broker Marsh McLennan has promoted Kim Abildgaard to Chief Executive Officer (CEO) of its Denmark operation, effective October 1st, 2025. Abildgaard, who succeeds Dorothee Gnaedinger, most recently served as interi...
Posted: Sep 23, 2025
In today’s fast-changing global environment, there has been a sharp and rapid shift in how global leaders are prioritising risk, with geopolitical uncertainty, supply chain disruption and inflation becoming top concerns, a recent Beazley sur...
Posted: Sep 23, 2025
Davies, a specialist in professional services and technology solutions for insurance, financial services, and other regulated industries, has announced the appointment of Adam Warwick as Group Chief Information Officer (CIO). Warwick joins from Br...
Posted: Sep 23, 2025
A new report authored by Acrisure’s James Morgan has highlighted the rising threat of cyber-attacks on key third-party vendors and their potential to trigger widespread operational disruption and financial losses across multiple businesses. The ne...
Posted: Sep 23, 2025
Fitch Ratings has upgraded Generali and its core subsidiaries’ Insurer Financial Strength (IFS) Ratings to ‘AA-’ from ‘A+’, citing lower sovereign risk and the group’s very strong profile, capitalisation, leverage, and operating performance. The a...
Posted: Sep 23, 2025
Insurance Development Forum (IDF), a public-private partnership, has announced three key additions to its steering committee, bringing a global wealth of experience and expertise to its mission of closing protection gaps and enhancing resilience....
Posted: Sep 23, 2025
AM Best has revised Singapore Re’s outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed its rating of “a” (Excellent). The agency also affirmed the company’s Financial Strength Rating (FSR) of A (Exce...
Posted: Sep 23, 2025
Just Group plc shareholders have voted in favour of Brookfield Wealth Solutions’ (BWS) acquisition of the company, marking a step toward the completion of the recommended cash offer. The vote took place at the Court Meeting and General Meetings he...
Posted: Sep 23, 2025
Bamboo Insurance, a homeowners insurance provider with a technology-driven model, has announced a partnership with Accredited, a specialty insurer. The collaboration introduces Bamboo’s new E&S Signature product, designed to broaden coverage o...
Posted: Sep 23, 2025
TD Cowen, an investment bank and research provider, hosted a field trip to London last week with senior management from prominent re/insurance and broking groups, offering insights into shifting dynamics across casualty insurance and related marke...
Posted: Sep 22, 2025
Munich Re, one of the world’s largest reinsurance companies, has joined forces with Trust Edge Risk Solutions, Equirus Raghnall Brokers, and Solarelle Insurance to launch the Maldives’ first insurance policy designed specifically to address...
Posted: Sep 22, 2025
Adrian Fahy has been named Chief People Officer of Willis Re, where he will lead the firm’s global people function, overseeing talent strategy, culture and engagement, learning and development, total rewards, and inclusion and diversity. ...
Posted: Sep 22, 2025
Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from the International Financial Services Centres Authority (IFSCA)...
Posted: Sep 22, 2025