Reinsurance News
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
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
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
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
Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gravitas Insurance Agency LLC (Gravitas), a US retail brokerage specialising in contingency insurance for music, sport and live events. Founded in 2022 by...
Posted: Sep 19, 2025
According to Fitch Ratings, a global credit rating agency, US and Canadian insurance brokers are increasingly relying on larger acquisitions to maintain momentum as organic growth slows. The trend has pushed deal sizes sharply higher over the past...
Posted: Sep 19, 2025
Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has hired Louis Tucker from Arch Capital Group as its new Chief Executive Officer (CEO)...
Posted: Sep 19, 2025
Roosevelt Road Specialty, a Managing General Underwriter (MGU) that provides customised insurance solutions, has entered into a strategic partnership with Neural Earth Inc., a technology company specialising in artificial intelligence–driven geosp...
Posted: Sep 19, 2025
Home insurance firm Hippo has appointed Laura Hay and Susan Holliday to its Board of Directors, with the former joining the Audit, Risk, and Compliance Committee and the Nominating and Corporate Governance Committee, and the latter the Audit, Risk...
Posted: Sep 19, 2025
Moody’s Ratings has assigned an A3 Insurance Financial Strength Rating (IFSR) to Marco Re Limited, a Guernsey domiciled reinsurer focused on non-life run-off insurance portfolios, reflecting its core status within the broader Marco Capital group....
Posted: Sep 19, 2025
Howden, the global insurance and reinsurance broking group, has appointed sports industry expert Jonny Gray as a Senior Advisor to its Sport and Entertainment practice, based in London. This appointment aims to continue the growth of Howden’...
Posted: Sep 19, 2025
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $213 million, or $168 million after tax, for the month of August. The losses included 10 events, with approximately 70%...
Posted: Sep 18, 2025
The Bank of England (BoE) is hardening its approach on the use of funded reinsurance and offshore financing by UK life insurers, aiming to balance innovation with financial stability as the bulk purchase annuity (BPA) market continues its rapid ex...
Posted: Sep 18, 2025
Richard Watson, CEO of Lloyd’s specialty insurer Inigo Limited, has highlighted the significant growth opportunities following his firm’s acquisition by US-based Radian Group, noting that this growth will be measured and focused as Inigo continues...
Posted: Sep 18, 2025
kWh Analytics, a provider of climate insurance and risk management for renewable energy projects, has closed a parametric Wind Proxy Hedge risk transfer deal, backed by Munich Re, for Apex Clean Energy’s 79MW wind project in Virginia. The financia...
Posted: Sep 18, 2025
China Reinsurance (Group) Corporation has announced the retirement of He Chunlei, chairman of the company’s Board, executive director and the chairman and member of the Strategy and Sustainable Development Committee under the Board of the Company....
Posted: Sep 18, 2025
Addresscloud, a UK-based geocoding and property intelligence company serving the insurance sector, has received a new investment from London-based private equity firm Kester Capital. The funding marks the next phase in Addresscloud’s growth, with...
Posted: Sep 18, 2025
At the 67th Rendez-Vous de Septembre in Monte Carlo last week, Reinsurance News held its annual executive roundtable, during which eight experts and leaders from across the industry discussed the sustainability of current market conditions, the ou...
Posted: Sep 18, 2025
Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Renee McGowan as Chief Commercial Officer, International, effective October 1, 2025. McGowan will also continue to serve as CEO of Marsh McLennan India, Middle...
Posted: Sep 18, 2025
According to a new report from the World Economic Forum, developed in collaboration with Boston Consulting Group (BCG), without adaptive action, climate-driven health impacts could erode insurer profitability and push coverage costs higher for con...
Posted: Sep 18, 2025
Radian Group Inc., a US-based company primarily known for mortgage insurance, has reached a definitive agreement to acquire Inigo Limited, a Lloyd’s specialty insurer, in a transaction valued at $1.7 billion, mostly in cash, with the acquisition b...
Posted: Sep 18, 2025
Ben Rose, Co-Founder and President of Supercede, highlighted that the company has seen steady growth since its launch, with much of the expansion driven by brokers recognising the platform’s ability to streamline time-consuming, ‘table-stakes’ tas...
Posted: Sep 18, 2025
The London reinsurance market faces a looming crisis due to a lack of new talent. A recent survey by MS Amlin revealed that 68% of Britons would not consider an insurance career, while London Market Group figures show as many staff over 50 as unde...
Posted: Sep 18, 2025
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Alessandrea Quane as Chief Executive Officer, International Markets. In this role, Quane will report to James Shea, CEO of Sompo P...
Posted: Sep 18, 2025
Swiss Re, a reinsurance company based in Zurich, has released new research suggesting that GLP-1 weight-loss medications could substantially reduce mortality rates in the United States and the United Kingdom over the next two decades. According to...
Posted: Sep 18, 2025