Reinsurance News

Frank Fumarola joins Coalition as Chief Product Officer

Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Frank Fumarola as its new Chief Product Officer. Fumarola, who is joining the company from Nubak, will serve as a member of Coalition’s execut...

Posted: Dec 02, 2025

Ben Watson to lead Westfield Specialty International’s new cyber offering

Westfield Specialty International, a specialty insurance provider, has announced the appointment of Ben Watson as Class Underwriter to lead its newly launched cyber team. The cyber team will begin writing business from 1st January 2026, with addit...

Posted: Dec 02, 2025

Demex announces appointment of next gen C-suite leadership to drive market expansion

Demex, a technology-enabled reinsurance solution provider, has a number of executive leadership appointments designed to lead the company into its next phase of growth. Michael Anderson was appointed CEO, following a four-year tenure as Chief Grow...

Posted: Dec 02, 2025

Helios’ net asset value per share up 3.8% in Q3 driven by pipeline profits

Helios Underwriting, the publicly listed firm offering direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has reported that net asset value (NAV) per share increased 3.8% to £2.48 for the third...

Posted: Dec 02, 2025

MetLife finalises $10bn variable annuity risk transfer with Talcott

MetLife, Inc., a provider of insurance, annuities, and employee benefit programmes, has finalised its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, a life insurance and...

Posted: Dec 02, 2025

Reinsurers expected to shoulder most of $200m loss from Hong Kong fire: AM Best

According to ratings agency AM Best, a material portion of the gross incurred loss, which may exceed $200 million from the deadly Hong Kong apartment (Wang Fuk Court) fire, is expected to be transferred to reinsurers. This is because primary insur...

Posted: Dec 02, 2025

Who’s insuring Russia’s shadow fleet?

Since Western P&I clubs and reinsurers largely withdrew from underwriting sanctioned oil shipments, an informal and opaque re/insurance ecosystem has emerged to keep Russia’s shadow fleet trading. What was once dominated by London and the Inte...

Posted: Dec 02, 2025

AXA XL goes live with PPL to strengthen links to London Market

AXA XL, the property and casualty division of AXA Group, has successfully connected its internal computer systems directly to the London Market’s main trading platform, Placing Platform Limited (PPL), opening a new data exchange gateway. This conn...

Posted: Dec 02, 2025

AXIS adds Edwards to newly created role of Head of Delegated Strategy, Global Markets

Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has appointed Lewis Edwards to the newly created role of Head of Delegated Strategy, Global Markets, effective immediately. He will be based in London and reports to Sara Farrup,...

Posted: Dec 02, 2025

IDF and AXA announce first close of Infrastructure Resilience Development Fund

AXA and the Insurance Development Forum (IDF) have announced the first close of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), a BlackRock subsidiary, the IRDF is built upon the Infrastructu...

Posted: Dec 02, 2025

Heimann to develop European MGA practice for Augment Risk

Augment Risk, a risk capital and reinsurance solutions broker, has appointed Magnus Heimann as Partner for MGA, effective immediately. He will develop the firm’s European MGA presence, partnering with coverholders, capacity providers, and re...

Posted: Dec 02, 2025

mea Platform and Regenvita parter to drive AI adoption in Scandinavian insurance market

mea Platform, a company specialising in AI solutions for the insurance industry, and Regenvita Ltd, the advisory firm founded by Clint Sookermany, have entered into a strategic partnership to accelerate artificial intelligence (AI) adoption across...

Posted: Dec 02, 2025

Ben Quah appointed CEO of Asian financial hub Labuan IBFC Inc.

Labuan IBFC Inc., an Asian financial hub known for its insurance, reinsurance, Islamic finance, and digital business solutions, has announced the appointment of Ben Quah as its new Chief Executive Officer (CEO). Quah brings over two decades of exp...

Posted: Dec 02, 2025

Red Cross leads pilot of parametric flood insurance in Malawi

The Malawi Red Cross Society and the Danish Red Cross, in partnership with African Risk Capacity (ARC) Ltd., JBA Global Resilience, the InsuResilience Solutions Fund (ISF), and the Danish Ministry of Foreign Affairs, have piloted Malawi’s first pa...

Posted: Dec 02, 2025

AM Best revises outlook for US homeowners insurance to stable

Credit rating agency AM Best has revised the outlook for the US homeowners insurance segment to stable from negative, citing moderating premium growth and enhanced catastrophe risk management practices amid improved property reinsurance market dyn...

Posted: Dec 01, 2025

Howden adds Rebecca Poon as Chief Client Officer for Hong Kong

Howden, an insurance and risk advisory group, has appointed Rebecca Poon as its Chief Client Officer for Hong Kong. Most recently, Poon served as a Managing Director at insurance broker Marsh, where she led Marsh (HK) Ltd’s Corporate Divisio...

Posted: Dec 01, 2025

Bridget Tatham elected President of FOIL for 2026

The Forum of Insurance Lawyers (FOIL), an organisation representing 8,000 lawyers and paralegals across 61 corporate firms, has elected Bridget Tatham, Partner at Browne Jacobson, as President for 2026. Tatham is set to replace Howard Dean, Partne...

Posted: Dec 01, 2025

Berlanga joins I–RE as Broker Relationship Executive

I–RE, a specialist in captive specialist insurance and reinsurance, has announced the appointment of David Berlanga as Broker Relationship Executive. In his new role, Berlanga will be responsible for building and strengthening relationships with c...

Posted: Dec 01, 2025

Ultra-processed foods and microplastics, emerging liability risks for re/insurers: DAC Beachcroft

Ultra-processed foods (UPFs) and microplastics are expected to become a source of liability risk for re/insurers, law firm DAC Beachcroft has highlighted in their latest predictions for 2026. The scrutiny and legal action over UPFs are projected t...

Posted: Dec 01, 2025

Gallagher Re to acquire South African reinsurance broker Resilea

Gallagher Re, the reinsurance arm of the global broking group, has agreed to acquire the largest independent reinsurance broker in South Africa, Resilea (Pty) Ltd. The reinsurance broker expects the Resilea team to bring a greater level of scale a...

Posted: Dec 01, 2025

Africa Specialty Risks launches cyber insurance for African businesses

Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has marked its entry into cyber insurance with the launch of a digital quote-and-bind policy for African businesses. Offered through ASR 24-7, ASR’s automated underwr...

Posted: Dec 01, 2025

ICEYE expands satellite constellation to close information gap for re/insurers

ICEYE, a global leader in Synthetic Aperture Radar (SAR) satellite operations, has launched five new SAR satellites to close critical information gaps, giving insurers the situational awareness to protect communities, target resources, and speed r...

Posted: Dec 01, 2025

Miller appoints Paul Lineham as Head of Data

Miller, the independent specialist insurance and reinsurance broker, has announced the appointment of Paul Lineham as Head of Data. In his new role, Lineham will focus on enhancing the technological solutions Miller brings to its clients, while he...

Posted: Dec 01, 2025

Santam secures final approval to launch Syndicate 1918 at Lloyd’s

Santam Group, a major South African insurance company, has been granted Lloyd’s final permission for its Santam Syndicate 1918 to underwrite for business beginning on or after January 1, 2026. The new Syndicate will introduce Santam’s established...

Posted: Dec 01, 2025

Lockton Re names Anthony DiLorenzo as US Casualty Broking Leader

Lockton Re, the reinsurance business of independent insurance broker Lockton, has appointed Anthony DiLorenzo as US Casualty Broking Leader, based in Philadelphia. DiLorenzo most recently spent over 12 years at broker Aon, serving as Senior Managi...

Posted: Dec 01, 2025