Reinsurance News

Bamboo Insurance and Accredited partner to expand homeowners coverage in California

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

Casualty insurance pricing remains high, specialty and non-US markets offer opportunities: TD Cowen

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 backs epidemic and pandemic insurance for Maldives tourism industry

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

Willis Re names Adrian Fahy as Chief People Officer

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. &#8...

Posted: Sep 22, 2025

Everest opens new office in India GIFT City to boost APAC business

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

Neptune Insurance seeks up to $423.7m in IPO

Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million. Selling securityholders are offering 18,421,053 shares at an expected price range of $18 to $20 p...

Posted: Sep 22, 2025

No real concern for property cat rate declines ahead of 1/1: Peel Hunt

Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Mo...

Posted: Sep 22, 2025

SanlamAllianz Re selects Tobias Suek as new CEO

SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Suek, who replaces Ilyes Hassib, joined Allianz in 2007 and has held se...

Posted: Sep 22, 2025

Placing Platform Limited fully integrates digital contract functionality

Placing Platform Limited (PPL), a provider of insurance placement technology, has introduced a new edition of its digital contract system, developed by Artificial. This release marks the full integration of digital contract functionality within PP...

Posted: Sep 22, 2025

RSA names Brown VP, Change & Technology Delivery for UK Specialty Lines business

RSA, a multinational personal and commercial insurer operating across Europe and an Intact company, has announced the appointment of Beccy Brown as Vice President, Change & Technology Delivery for its UK Specialty Lines business. Brown, who wi...

Posted: Sep 22, 2025

Lockton Re adopts CyberCube’s Exposure Manager

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has adopted CyberCube’s newly launched product, Exposure Manager (XM). The company is the first reinsurance broker to adopt the product, which aims to “revol...

Posted: Sep 22, 2025

Synthetik appoints Harris as Global Head of Partnerships and Distribution

Synthetik, a developer of advanced computational modelling and AI-powered solutions for the re/insurance industry, has announced the appointment of Matt Harris as Global Head of Partnerships and Distribution. Harris brings a wealth of experience i...

Posted: Sep 22, 2025

PERILS places final industry loss estimate for 2024 Central Europe floods at €2.15bn

Zurich-based catastrophe insurance data provider PERILS has released its fourth and final insurance industry loss estimate for the floods that struck Central Europe and Italy between September 14 and 20, 2024, totalling €2.153 billion. The final f...

Posted: Sep 22, 2025

Ardonagh Europe to acquire French broker Groupe Leader Insurance

Dublin-domiciled Ardonagh Europe, part of The Ardonagh Group, a large independent insurance distribution platform, has agreed to acquire Groupe Leader Insurance (GLI), a French wholesale and multi-specialist broker. GLI was founded in 2003 by entr...

Posted: Sep 22, 2025

Onex Partners to acquire Integrated Specialty Coverages from KKR

Onex Partners, a private equity platform, will acquire Integrated Specialty Coverages (ISC), a tech-enabled insurance platform that designs, underwrites, and distributes insurance solutions, from KKR. Since KKR’s initial investment in 2021,...

Posted: Sep 22, 2025

Accredited names Marco P. Hensemberger as Head of Business Development

Program manager Accredited has announced the appointment of Marco P. Hensemberger as Head of Business Development and Italian Branch Manager for the UK and Europe. In this role, Hensemberger will report to Laure Kearns, UK Chief Underwriting Offic...

Posted: Sep 22, 2025

Vortex launches parametric snow insurance

Vortex Weather Insurance has announced the launch of a parametric snow insurance aimed to protect companies against financial loss if a winter has too much or too little snow. The company’s snow risk policies are now available directly through Vor...

Posted: Sep 22, 2025

Arch Insurance (EU) adds Richard as Head of Casualty & du Parc Locmaria as Senior Casualty Underwrit...

Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Patrick Richard as Head of Casualty and Virginie du Parc Locmaria as a Senior Casualty Underwriter, for the French market, effective September 15th, 2025. The...

Posted: Sep 22, 2025

Three-year downward trend in property claims continued in Q2’25: Verisk

The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report. V...

Posted: Sep 19, 2025

ACORD study identifies strategies behind top-performing US specialty commercial insurers

ACORD, a nonprofit organisation that develops standards for the insurance industry, has released a new study titled US Specialty Commercial Insurance Market: The Keys to High Performance, which finds that 65% of Excess & Surplus (E&S) writ...

Posted: Sep 19, 2025

Willis adds Gillespie as Head of Data & Analytics, Global Direct & Fac Specialty

Insurance broker Willis, a WTW business, has appointed James Gillespie as its new Head of Data & Analytics for its Global Direct & Facultative Specialty team. In his new role, Gillespie will lead the development of new and innovative produ...

Posted: Sep 19, 2025

Access to insurance not yet driving climate adaptation investments: Marsh

In a landscape of increasing extreme weather events, only 5% of private sector organisations view “access to insurance” as their primary motivation for investing in climate adaptation, compared to 53% who prioritise the “need to manage risk,” acco...

Posted: Sep 19, 2025

Strong returns hold as property pricing slides but soft market concerns overstated: Citizens

At this year’s Monte Carlo Rendezvous de Septembre, Citizens Bank, a provider of financial and insurance insights, observed that while property catastrophe pricing is sliding, the broader reinsurance market continues to deliver solid returns. Afte...

Posted: Sep 19, 2025

Ed Le Flufy becomes Lockton Re’s Global Head of Cyber

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has announced the appointment of Ed Le Flufy as Global Head of Cyber, a London-based role. In his new role, the executive will lead Lockton Re’s Cyber team d...

Posted: Sep 19, 2025

Swiss Re and Munich Re back newly launched CEI & Generali parametric solution

Global insurer Generali and Conferenza Episcopale Italiana (CEI) have partnered to launch a new parametric insurance solution to protect parish entities in Italy’s 226 dioceses from the impacts of natural catastrophes. Swiss Re and Munich Re...

Posted: Sep 19, 2025