Reinsurance News
Civil unrest and protest activity have become a key concern for companies and insurers around the world, a recent report by Allianz Commercial has revealed. According to the Allianz Risk Barometer 2025, businesses have ranked political risks and v...
Posted: Apr 11, 2025
Global marine insurer Skuld has appointed Thea Thorstensen to its global business development team and Nicola Kingman as Global Head of Yachts. Thorstensen has been with Skuld for over a decade, holding various roles including Underwriter Executiv...
Posted: Apr 11, 2025
London-based reinsurance firm, OAK Re has received Lloyd’s approval to increase the 2025 business plan of Syndicate 2843 to over $400 million of gross written premium. OAK Re’s syndicate business forecast (SBF) was resubmitted after the comp...
Posted: Apr 10, 2025
Rhonda Hasell has been appointed to lead Hannover Re Bermuda as General Manager and Chief Financial Officer. Hasell brings to her new role over two decades of experience across New Zealand, Australia and the UK. In the past decade, she has focused...
Posted: Apr 10, 2025
With capacity at an all-time high, the energy insurance market continues to soften, driven by a delicate balance between profitability concerns and the pursuit of market share, a recent Willis report has stated. According to the Energy Market Revi...
Posted: Apr 10, 2025
Global insurance and reinsurance broker Howden has announced the appointment of Kirk Southern as Group Chief People Officer, and will be reporting to David Shalders, Group Chief Operating Officer. Southern has been leading the Group’s People...
Posted: Apr 10, 2025
ZestyAI, a company specialising in property and climate risk analytics, has disclosed that over 12.6 million US properties are at high risk of hail-related roof damage, costing about $189.5 billion in potential replacement costs. The information w...
Posted: Apr 10, 2025
Jef Van In, CEO of iptiQ, has announced the signing of an agreement to sell iptiQ’s Australian business to Hannover Re, pending regulatory approvals. iptiQ, a digital B2B2C insurance company powered by Swiss Re, is a provider of re/insurance...
Posted: Apr 10, 2025
WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Dir...
Posted: Apr 10, 2025
At-Bay, a cyber insurance and security firm known for its integrated “InsurSec” approach, has released its 2025 InsurSec Report, revealing significant shifts in the cyber threat landscape. Drawing on data from its own claims portfolio,...
Posted: Apr 10, 2025
The Cayman Islands is poised to become an increasingly significant player in the global reinsurance market, according to Greg Mitchell, Chair of CIRCA (the Cayman International Reinsurance Companies Association). Speaking ahead of the ReConnect C...
Posted: Apr 10, 2025
The Fidelis Partnership (TFP) has announced the appointments of Suzanne Wells as Chief Operating Officer (COO) and Erik Manning as Head of Ceded Reinsurance. Effective July 2025, Wells will be based in London. She joins TFP from Arch Insurance Int...
Posted: Apr 10, 2025
Cytora, a digital risk processing platform, has entered into a partnership with Vāyuh, an AI-driven weather forecast and climate analytics company. This collaboration will seamlessly integrate Vāyuh’s advanced climate and weather data models into...
Posted: Apr 10, 2025
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Paul Seip as Head of Fine Art & Specie, European Markets, effective immediately. Seip will be based in Rotterdam, and joins Arch Insurance (EU) dac (AIEU)...
Posted: Apr 10, 2025
Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape. Shawn Ram, Chief...
Posted: Apr 10, 2025
Allianz Trade, a trade credit insurer, has appointed Matt Williams as Chief Executive Officer (CEO) for UK & Ireland, effective July 1st, 2025, succeeding Sarah Murrow. Murrow will become CEO of Allianz Trade in the Americas also effective Jul...
Posted: Apr 10, 2025
Industry standards body ACORD has launched GRLC Generation 2.0, updating its Global Reinsurance & Large Commercial Standards to support digitalisation throughout the global re/insurance industry. Providing some background, ACORD noted that GRL...
Posted: Apr 10, 2025
The Board of Directors of Liberty Mutual Insurance has elected Timothy M. Sweeney as the Chairman of Liberty Mutual Holding Company Inc., effective April 9th, 2025. Sweeney, currently the company’s President and Chief Executive Officer, will...
Posted: Apr 10, 2025
A new report from Fitch Ratings has suggested that EU insurers are likely to keep their exposure to crypto assets minimal if proposals to set the Solvency II risk charge for such assets at 100% are adopted. According to the rating agency, the Euro...
Posted: Apr 10, 2025
Neema Insurance Managing Agency, an African specialist underwriting agency, has announced the appointment of Sandowen Ramasawmy as Underwriter at its London office. Ramasawmy brings extensive underwriting experience across multiple lines of busine...
Posted: Apr 10, 2025
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
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
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, 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
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