Reinsurance News
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, 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
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
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
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
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
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
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, 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
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 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
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
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
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 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
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
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, 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, 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
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
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned insurer, have closed their Gateway Re Series 2025-2 catastrophe bond, securing $150 million in cov...
Posted: Apr 08, 2025
S&P Global Ratings has raised the financial strength and issuer credit ratings of Global Atlantic Financial Group’s (GAFG) operating insurance entities to ‘A’ from ‘A-‘, assigning a stable outlook. Concurrently, t...
Posted: Apr 08, 2025
Willis, a WTW business, has launched ProXS, a new Professional Indemnity solution with a CCY40m capacity, designed to provide enhanced and cost-effective coverage for professional companies. The ProXS solution includes competing panels from Lloyds...
Posted: Apr 08, 2025
Westfield Specialty International, a provider of specialised insurance solutions, has expanded its reinsurance team with the appointment of Nate Field as Class Underwriter in casualty treaty reinsurance. Field will be based in London, and brings a...
Posted: Apr 08, 2025
Gallagher Re’s full year 2024 reinsurance market report, which analyses capital and profitability trends in the global reinsurance sector, highlights a 17% return on equity (ROE) for 2024, down from 19.5% in the previous year. Despite this d...
Posted: Apr 08, 2025