Reinsurance News
Cyber risk solutions company Resilience has appointed Diego Rodriquez Vazquez, who most recently served at AXA XL, as Underwriting Manager for Spain and Portugal. Vazquez has almost a decade of experience as a cybersecurity consultant and auditor...
Posted: May 07, 2025
Independent insurance distribution firm, The Baldwin Group, has reported total revenue growth of 9% to $413.4 million for the first quarter of 2025 compared to $380.3 million last year, reflecting organic revenue growth of 10%. Total GAAP net inco...
Posted: May 07, 2025
Marsh, an insurance broker and risk advisor within Marsh McLennan, has appointed Typhaine Beaupérin as Client Leader, Risk Management, Europe, effective by the end of June 2025. In the role, she will be based in Brussels and report to Lorraine Sta...
Posted: May 07, 2025
Global insurer AXA’s Property and Casualty (P&C) and Specialty Risk division, AXA XL, saw gross written premiums and other revenues climb 7% to €21 billion in Q1 2025, helped by a 12% increase in premiums to €1.4 billion at AXA XL Reinsurance....
Posted: May 07, 2025
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, executive, and professional lines insurance, has announced its entry into the UK Programmes business with the appointment of Rob Munden as Head of Programm...
Posted: May 07, 2025
Willis, a WTW business, has announced the appointment of David Lofstrom as Deputy Regional Leader, New England within Corporate Risk and Broking (CRB) in North America. In his new role, based in Boston, Lofstrom will be collaborating with the full...
Posted: May 07, 2025
French reinsurer SCOR has reported a 1.7% rise in net income to €200 million for the first quarter of 2025 with a solid performance in both its Life & Health (L&H) and Property & Casualty (P&C) segments, despite the impacts of the...
Posted: May 07, 2025
Global specialty underwriter and re/insurance provider, AXIS Capital Holdings Limited (AXIS), has launched a customisable cyber and specialist liability coverage insurance policy to Canadian companies with up to $2 billion in revenue. The policy,...
Posted: May 07, 2025
Independent insurance broker Lockton has revealed that Ethan Crain and Rebecca Cady have joined the company to co-lead its national Healthcare Practice. Lockton explained that the addition of Crain and Cady will significantly deepen its commitment...
Posted: May 07, 2025
DUAL North America, a provider of specialised insurance solutions, has expanded its surety program capacity to offer a $100 million single project limit and a $200 million aggregate limit, strengthening its market position, backed by “A” A.M. Best...
Posted: May 07, 2025
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Nicholas Walsh as the new Independent Non-Executive Chairman of the Board of Directors for Sompo International Holdings Ltd. Walsh, w...
Posted: May 07, 2025
Jim Murphy, Chief Actuary of the Texas Windstorm Insurance Association (TWIA), said during a Board meeting today that rates on line that the association is seeing in the market right now are flat, if not potentially down when compared with last ye...
Posted: May 06, 2025
Atrium, a specialty insurance group at Lloyd’s, has announced the appointment of a new Strategic Distribution team to be led by Chance Gilliland as Group Head and Maureen Higgins as Deputy Group Head. The newly formed team will look for growth opp...
Posted: May 06, 2025
Everest Reinsurance, the reinsurance division of Everest Group, has announced the appointment of Jonathan Mesagaes as Head of Renewable Energy. With more than two decades of experience in underwriting, risk management, and actuarial pricing, Mesag...
Posted: May 06, 2025
Amanda Lyons has been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1, 2025, subject to regulatory and immigration approvals. Based in Bermuda, Lyons is reportedly expected to lead the growth of Aon’s reinsurance pl...
Posted: May 06, 2025
Corebridge Financial, an American multinational financial services company, has announced its financial results for the first quarter of 2025, reporting $649 million in adjusted after-tax operating income despite a net loss of $664 million. Q1 202...
Posted: May 06, 2025
European reinsurer Hannover Re has announced the appointment of Lena Kettler as Global Head of Claims (P&C), a newly created position based in Hannover. Kettler is joining Hannover Re with close to two decades of industry experience with exten...
Posted: May 06, 2025
Envelop Risk, a data-driven cyber reinsurance and analytics specialist, has expanded its Bermuda presence with the addition of Jacquelynn Morley to the team. A reinsurance expert with 18 years of experience, Morley brings extensive capabilities in...
Posted: May 06, 2025
James River Group Holdings, a Bermuda-domiciled insurance holding company, has appointed Todd Sutherland, current Senior Vice President, Management Liability for the Excess and Surplus Lines (E&S) segment, to succeed Richard Schmitzer as Presi...
Posted: May 06, 2025
ZestyAI, a provider of AI-driven insurance risk analytics, has announced that its Severe Convective Storm suite, which includes Z-HAIL™, Z-WIND™, and Z-STORM™, has received regulatory approval from the Ohio Department of Insurance. With the additi...
Posted: May 06, 2025
In its Q1 2025 results, Lemonade has reported total revenue of $151.2 million, marking an increase of $32.1 million or 27%, compared to Q1 2024, primarily due to the increase in gross earned premium, ceding commission income, and net investment in...
Posted: May 06, 2025
Mercer, a business of Marsh McLennan, has completed its acquisition of SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. SECOR serves the complex needs of institutional investors, offering a range of end-to-en...
Posted: May 06, 2025
James River Group Holdings, a Bermuda-domiciled insurance holding company, has reported first quarter 2025 net income of $9 million and adjusted net operating income of $9.1 million, compared to $20.9 million and $14.8 million, respectively, in Q1...
Posted: May 06, 2025
The latest Insurance Marketplace Realities report from Willis highlights opportunities for buyers from ample capital, growing capacity, and renewed competition, signalling a healthy buyer’s market in 2025. Willis, part of global insurance br...
Posted: May 06, 2025
Munich Re Life US, a subsidiary of Munich Re, has partnered with MIB, a provider of data-driven insights and digital services for the life insurance industry, to support the adoption of electronic medical data in life insurance underwriting by enh...
Posted: May 06, 2025