Reinsurance News
Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub as Group Chief Risk Officer (CRO), effective October 1st, 2025. Kaufmann has 17 years of industry experience and has held the position of CRO for...
Posted: Apr 22, 2025
The “gradual easing of the hard market” in 2024 led to an improvement for reinsurers, though less pronounced than in 2023, particularly in reinsurance terms and program structures, as per Hervé Nessi, Arundo Re’s Chief Underwriting Officer....
Posted: Apr 22, 2025
DUAL North America has announced it is strengthening its flood insurance leadership with the appointment of Cameron Conboy as Executive Vice President of Flood. In his new role, based in San Diego, Conboy will leverage his 19 years of industry exp...
Posted: Apr 22, 2025
Hybrid insurer Hadron has announced it is to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisitio...
Posted: Apr 22, 2025
Loadsure, an insurtech managing general agent (MGA), has expanded its senior leadership team with a series of key appointments. Johnny McCord, Founder and CEO of Loadsure, said, “Our expanded leadership team marks a significant milestone for Loads...
Posted: Apr 22, 2025
Natural catastrophes and un-modelled extreme weather risks have now become a global threat for renewable energy markets, raising concerns about the long-term bankability and viability of clean energy projects as the industry expands, according to...
Posted: Apr 22, 2025
Speaking during Marsh McLennan’s Q1 2025 earnings call this afternoon, Dean Klisura, CEO of reinsurance broker Guy Carpenter, provided an outlook for the mid-year reinsurance renewals. Klisura indicated that he expects the trends seen during...
Posted: Apr 17, 2025
Amwins Special Risk Underwriters (SRU) has launched its new Excess Casualty Sidecar Program, offering comprehensive coverage solutions across a wide range of industries. Available exclusively through Amwins brokers and written on A+ rated paper, t...
Posted: Apr 17, 2025
Independent insurance broker Lockton has announced the appointment of Chris DiLullo as its first U.S. Industry Practices Leader. In this newly created role, DiLullo will report to Tim Ryan, U.S. President at Lockton, and lead the firm’s national s...
Posted: Apr 17, 2025
According to Aon’s Q1 Global Catastrophe Recap, insured losses in the opening quarter exceeded $53 billion, well above the 21st-century Q1 average of $17 billion, marking the second-highest total on record after Q1 2011. As per the firm̵...
Posted: Apr 17, 2025
Ignyte Insurance has officially launched as a specialty insurance platform focused on acquiring, scaling, and accelerating high-performing insurance brands in niche markets globally. Led by Geof McKernan, Bill McKernan and Marc Castellucci, the la...
Posted: Apr 17, 2025
Neptune Flood, a private flood insurance provider in the US, has announced several strategic leadership updates to support its ongoing expansion. Matt Duffy has been promoted from Managing Director to President. In this expanded role, Duffy will l...
Posted: Apr 17, 2025
Gallagher has launched a new Risk Advisory practice for the Middle East and Africa (MEA) region with the appointment of Stephen Scott as its Head. In his new role he will bring together Gallagher’s global consulting and analytic capabilities with...
Posted: Apr 17, 2025
Global broking group Marsh McLennan’s reinsurance arm, Guy Carpenter, saw its revenue increase in the first quarter of 2025 to $1.2 billion, as total revenue within the Risk & Insurance Services segment rose 11%. Guy Carpenter’s re...
Posted: Apr 17, 2025
K2 Cyber, a K2 Insurance Services brand, has partnered with TransUnion, a global information and insights company, for Commercial Cyber Services and Cyber Claims Management. Through this collaboration, K2 Cyber policyholders will have access to Tr...
Posted: Apr 17, 2025
International speciality re/insurance MGA Rokstone, part of the Aventum Group, has announced the appointment of Giles Hussey as SEO of its Dubai International Financial Centre (DIFC) operations, subject to regulatory approval. With a 35-year caree...
Posted: Apr 17, 2025
Mitigrate, a climate insurtech and Lloyd’s Lab alumni, has received a strategic investment from Lloyd’s, with continued support from its existing investors. Mitigrate is a ClimateTech SaaS startup offering a platform designed to reduce flood risk...
Posted: Apr 17, 2025
Ardonagh Netherlands, the Dutch arm of The Ardonagh Group, has announced the appointment of Wim Hekstra as Chief Executive Officer, effective June 1st, 2025. In his new role, Hekstra will lead Ardonagh Europe’s regional growth strategy as the busi...
Posted: Apr 17, 2025
Zurich-based catastrophe insurance data provider PERILS AG has added market sums insured for the peril of severe convective storm (SCS) in Europe, Japan, and New Zealand to its 2025 Industry Exposure Database (IED), citing growing demand from re/i...
Posted: Apr 17, 2025
Transatlantic Underwriters (TAU), a specialty insurance firm known for its focus on the transportation sector, is expanding its services with the introduction of a Property & Casualty (P&C) division. This strategic move broadens TAU’s capa...
Posted: Apr 17, 2025
Credit rating agency AM Best has upgraded the credit ratings of FAIR Oil & Energy Insurance Syndicate (FOEIS), and revised the outlook to stable from positive. FOEIS’ Financial Strength Rating has been upgraded to B++ (Good) from B+ (Good) and...
Posted: Apr 17, 2025
Guernsey Finance, the promotional agency for the island’s financial services sector, has named Paul Sykes as its new Chairman. The organisation represents and supports Guernsey’s globally respected finance industry, which spans investment funds, p...
Posted: Apr 17, 2025
Having received all necessary regulatory approvals, independent specialty MGA Optio Group has completed the acquisition of Norwegian-based MGA S Insurance AS (S Insurance). This transaction, previously announced in March 2025, is a further strateg...
Posted: Apr 17, 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Oliver Delaney as Departmental Head of Liability. In this new role, Delaney will focus on driving commercial opportunities and maintaining TMK’s strong ser...
Posted: Apr 17, 2025
Central and West Asian insurers are increasingly turning to international reinsurance business as they seek to diversify their domestic books and establish a presence in foreign markets—though this approach carries substantial risks, according to...
Posted: Apr 16, 2025