Reinsurance News

Resilience & Accredited partner on Tech E&O coverage for UK & Europe

Cyber risk solutions firm Resilience, with the support of Accredited Insurance, has introduced coverage for Technology Errors and Omissions (Tech E&O) for clients with more than £50 million or €25 million in annual revenue in the UK and Europe...

Posted: Apr 10, 2025

SCOR gets $240m of retrocession protection with latest cat bond

French reinsurance company SCOR has returned to the catastrophe bond market, securing $240 million of retrocession protection against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms. Atlas Capita...

Posted: Apr 10, 2025

CG Re appoints Ramanuj Seegoolam to London broking team

African reinsurer CG Re Group has announced the appointment of Ramanuj Seegoolam to its broking team in the London office. The CG Re Group announced the opening of its London office in July 2024, as part of the company’s expansion strategy to beco...

Posted: Apr 10, 2025

Athora Netherlands facilitates pension transfers through Zwitserleven amid system overhaul

Athora Netherlands, a specialist life insurer and pension provider known for supporting pension fund transitions in the Dutch market, has facilitated two major pension buyouts through its Zwitserleven brand—marking significant steps in the country...

Posted: Apr 10, 2025

Sompo names Jason Burns as SVP, Ceded Reinsurance

Jason Burns, previously of Chubb and Blue Atlantic Reinsurance, joined property and casualty (P&C) insurer and reinsurer Sompo last month as Senior Vice President (SVP), Ceded Reinsurance. Burns brings more than two decades of re/insurance ind...

Posted: Apr 09, 2025

Lincoln Financial & Bain Capital announce long-term strategic partnership

Lincoln Financial and Bain Capital have announced a long-term strategic partnership, with Bain Capital acquiring a 9.9% ownership stake in Lincoln for $825 million. As part of the deal, the two companies will establish a 10-year investment managem...

Posted: Apr 09, 2025

Marsh introduces CyberShore Bermuda exclusive excess cyber insurance facility

Marsh, an insurance broker and risk advisor within Marsh McLennan, has launched CyberShore Bermuda, an exclusive excess cyber insurance facility designed to provide Marsh clients with stronger protection and a streamlined experience. CyberShore Be...

Posted: Apr 09, 2025

Acrisure appoints Pelsinger Chief Administrative Officer, Wassersug named CTO

Global insurance broker Acrisure has announced the appointment of Mark Wassersug as Chief Technology Officer and Shawn Pelsinger as Chief Administrative Officer, effective later this month. Wassersug and Pelsinger will report to Greg Williams, Co-...

Posted: Apr 09, 2025

Botes to lead Gallagher Re’s South Africa team as Regional Director

Reinsurance broker Gallagher Re has announced the appointment of Riaan Botes as Regional Director – South Africa. With 25 years of experience in reinsurance, Botes brings a wealth of expertise and leadership to his new role. The executive is...

Posted: Apr 09, 2025

EMEA insurers exposed to secondary effects of US tariffs and geopolitical instability

Fitch Ratings, a provider of credit ratings and financial analysis, has outlined the significant indirect risks facing EMEA insurers due to the ongoing US tariffs and resulting geopolitical tensions. While insurers in the region are not directly a...

Posted: Apr 09, 2025

Record-breaking transactions drive innovation in PRT market: Hymans Robertson

165 deals were transacted from 1 July to 31 December 2024 in the DB pension scheme risk transfer market, with a total value of £32.6 billion, marking a record-breaking second half of the year, according to a recent Hymans Robertson report. This be...

Posted: Apr 09, 2025

Beazley’s Greenwood and Talbot’s Woolley join LMA board

The Lloyd’s Market Association (LMA) has announced the addition of two new representatives to its board: Bethany Greenwood, CEO of Beazley Furlonge Limited and Beazley’s Group Head of Specialty Risks, and Emma Woolley, CEO of Talbot Underwriting L...

Posted: Apr 09, 2025

European insurers show resilience despite market declines from US tariffs: Moody’s

Moody’s Ratings, a credit rating agency that provides independent analysis and ratings on a wide range of financial instruments, has released a new report examining the effects of recent market fluctuations on the solvency of European insurers. Th...

Posted: Apr 09, 2025

Lockton Re adds Dickerson as Head of Retrospective Reinsurance & Legacy Solutions

Lockton Re, the reinsurance arm of independent insurance broker Lockton, has appointed James Dickerson in a global role as Head of Retrospective Reinsurance & Legacy Solutions, strengthening its Capital Advisory Practice. Dickerson will be bas...

Posted: Apr 09, 2025

Luke Proctor to lead Aon’s Reinsurance Analytics for UK and Bermuda

Global insurance and reinsurance broker Aon has announced the appointment of Luke Proctor as Head of Reinsurance Analytics for UK and Bermuda. “Analytics is fundamental to how we understand risk here at Aon. Luke will be leading the strategic dire...

Posted: Apr 09, 2025

Paratus and Low Carbon sign partnership to manage renewable energy price risk

Paratus Holdings Limited, a specialist re/insurer focused on energy price risk, and Low Carbon, a renewable energy developer and Independent Power Producer (IPP), have announced a strategic agreement to manage power price exposure across Low Carbo...

Posted: Apr 09, 2025

MS Amlin names Gately Head of Strategy, Financial Planning, and Performance

Lloyd’s global re/insurer MS Amlin has appointed John Gately as Head of Strategy, Financial Planning, and Performance. Gately has two decades of insurance sector experience, having begun his career at KPMG. He has since held various senior roles,...

Posted: Apr 09, 2025

Cayman Islands insurance sector generates CI$233m annually for economy

The Cayman Islands international insurance sector contributes CI$233 million annually to the economy, according to a recent study by The Insurance Managers Association of Cayman (IMAC) and Cayman Finance. The report, conducted by FTS with input fr...

Posted: Apr 09, 2025

Ascot appoints RenRe’s Marc Amen as CEO, North America

Bermuda-domiciled global specialty re/insurer Ascot Group has appointed Marc Amen as Chief Executive Officer (CEO) North America, effective later this year, after he completes his current obligations. In the new role, Amen will be responsible for...

Posted: Apr 09, 2025

risktec marks three-year anniversary with launch of integre solution

risktec Ltd, a Swiss technology and advisory firm specialising in the re/insurance and risk industries, marks its three-year anniversary with the launch of integre, a new solution designed to meet the evolving needs of the reinsurance market. Foun...

Posted: Apr 09, 2025

McKeon to head Ascot’s US Middle Market Loss Sensitive Casualty

Ascot, a Bermuda-domiciled global specialty insurer, has appointed Christopher McKeon to lead the company’s new U.S. Middle Market Loss Sensitive Casualty segment. Reporting to David Zimmerman, Executive Vice President, Primary Casualty, McKeon wi...

Posted: Apr 09, 2025

MGA Fiducia expands risk appetite for combined liabilities

Fiducia, a Leeds-domiciled specialty insurance managing general agent (MGA), has expanded its combined liabilities insurance risk appetite to include a range of contractor clients for UK brokers. The expanded coverage will include builders, ground...

Posted: Apr 09, 2025

Swiss Re Corporate Solutions appoints Vaziri as Global Head of RES

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Pantea Vaziri as its new Global Head of Risk Engineering Services (RES). In the new role, Vaziri will continue to enhance Swiss Re Corporate So...

Posted: Apr 09, 2025

Broker Insights launches major update to VISION platform

Broker Insights, a provider of insurance data analytics and market intelligence, has revealed a major update to its insurance decision intelligence platform, Broker Insights VISION. 2024 marked a milestone year for Broker Insights, with Gross Writ...

Posted: Apr 09, 2025

Sutton National & Bamboo complete reinsurance renewal with new sidecar & cat bond

Property and casualty insurer Sutton National and Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, Ltd., have announced the completion of Bamboo’s reinsurance programme, which includes a debut catastrophe bond a...

Posted: Apr 08, 2025