Reinsurance News

BHSI launches Group Personal Accident and Business Travel Insurance in the UK

Berkshire Hathaway Specialty Insurance (BHSI) has entered the Accident & Health Market in the UK, expanding the company’s global A&H footprint. BHSI launched Group Personal Accident and Business Travel Insurance, a new product tailored for...

Posted: Sep 18, 2025

RT Specialty’s RT Connector gets brand refresh and upgraded digital solutions

RT Specialty, the wholesale brokerage division of Ryan Specialty, an international specialty insurer, has refreshed the brand and enhanced RT Connector, the digital marketplace streamlining specialty insurance marketing and placement for retail ag...

Posted: Sep 18, 2025

Christina Montes De Oca to lead Coface North America region

Trade Credit insurer Coface has announced the appointment of Christina Montes De Oca as the new CEO in the North America Region, taking over the role from Oscar Villalonga who is pursuing a career outside the Group. Montes De Oca will also be join...

Posted: Sep 18, 2025

NEXT Insurance gets A+ Superior rating from AM Best

NEXT Insurance, a digital insurtech specialising in small businesses, has secured an A+ Superior rating and an AA Superior long-term rating from credit rating agency, AM Best. NEXT’s upgraded rating, according to AM Best, demonstrates its financia...

Posted: Sep 18, 2025

Lockton names Rapciewicz as US Casualty Leader & Cullen as Head, Excess Casualty & Operations

Lockton, a global independent insurance brokerage, has appointed Peter Rapciewicz as US Casualty Leader, and Jessica Cullen as Head of Excess Casualty and Operations, based in New York City. In his new role, Rapciewicz will oversee the strategic d...

Posted: Sep 18, 2025

Legacy market’s flexibility key as new exposures emerge: Carrick’s Hernon

Phil Hernon, Chief Operating Officer of Carrick Holdings, told Reinsurance News at RVS 2025 that as emerging legacy exposures such as cyber, climate, and social inflation continue to grow, the market is demonstrating its ability to adapt, driven b...

Posted: Sep 17, 2025

Aon launches Specialist Claims Solutions to help insurers tackle persistent challenges

Aon, a global insurance and reinsurance broking group, has announced the launch of Specialist Claims Solutions, a new offering created to help insurers drive profitability in an increasingly complex claims landscape. Insurers are currently facing...

Posted: Sep 17, 2025

Moody’s raises AXA’s insurance financial strength rating to Aa2 with stable outlook

Moody’s Ratings, a provider of credit ratings, research, and risk analysis, announced that it has upgraded the insurance financial strength rating of AXA SA to Aa2 from Aa3. AXA, an insurance and asset management group, now carries a stable outloo...

Posted: Sep 17, 2025

Stonybrook Risk provides parametric coverage for Caribbean-based client

Stonybrook Risk Management, a wholly-owned subsidiary of Stonybrook Capital and licensed reinsurance intermediary, has completed a parametric insurance transaction for a Caribbean-based client. The transaction was led by parametric veteran Dan But...

Posted: Sep 17, 2025

You Re appoints Dan Palardy as Chief Actuary and Treaty Underwriter

You Re, a reinsurance company that combines traditional underwriting practices with a data-driven technology platform, announces that Dan Palardy has joined as Chief Actuary and Treaty Underwriter. His appointment follows the establishment of You...

Posted: Sep 17, 2025

KCC launches RiskInsight 4.15 to support efficient catastrophe risk modelling

Karen Clark & Company (KCC), a catastrophe risk modelling firm that provides services to the insurance and reinsurance industry, has announced the release of RiskInsight Version 4.15, the latest iteration of its open loss modelling platform. T...

Posted: Sep 17, 2025

DUAL and Hiscox announce high-net-worth insurance partnership in Ireland

DUAL Underwriting Ireland DAC (DUAL) has announced a new high-net-worth (HNW) insurance partnership with Hiscox Ireland, in a move set to reshape the Irish high-net-worth (HNW) insurance landscape. The collaboration aims to create one of the large...

Posted: Sep 17, 2025

hyperexponential expands AI-powered pricing and underwriting platform with new launch

hyperexponential (hx) has expanded its AI-powered platform with the launch of Triage, a new product that enables commercial P&C insurers to respond to broker submissions faster, prioritise the right risks, and write more profitable business. T...

Posted: Sep 17, 2025

Willis Re names AssuredPartners’ Sankha Ghosh as EVP and Group CIO

Willis Re, a specialised reinsurance broker, has hired Sankha Ghosh from AssuredPartners as Executive Vice President (EVP) and Group Chief Information Officer (CIO). Sankha has over 27 years of technology leadership experience, spanning across bus...

Posted: Sep 17, 2025

Guidewire to develop PolicyCenter functionality for Japanese market

Guidewire, a provider of software solutions for the insurance industry, has commenced developing functionality for PolicyCenter on Guidewire Cloud tailored to the Japanese market. In order to accelerate the efforts, Guidewire will collaborate with...

Posted: Sep 17, 2025

Parametric insurance can be ‘transformational’ in narrowing protection gap: Aon

Aon’s Elizabeth Henderson has highlighted a $223 billion climate protection gap, warning that traditional insurance models are often too slow and complex to keep pace with fast-moving climate disasters, particularly in resource-constrained r...

Posted: Sep 17, 2025

Gallagher names Ryan Witchard Executive Director for Middle East & Africa Marine practice

Insurance and risk management firm Gallagher has appointed Ryan Witchard as Executive Director of its Middle East & Africa Marine practice. In his new role, Witchard will oversee the team advising clients on shipping, cargo, hull, and machiner...

Posted: Sep 17, 2025

Applied Crisis Underwriters approved as Lloyd’s coverholder

Applied Crisis Underwriters, an affiliate of Applied Underwriters, has announced that it has been approved as a Lloyd’s coverholder. Based in London, New York, and Miami, Applied Crisis Underwriters provides specialised coverage for political viol...

Posted: Sep 17, 2025

Tangram spins out from Heffernan and launches new MGA platform

Tangram Insurance Services has completed its spin-out from Heffernan Insurance Brokers and will become the inaugural portfolio company of Balavant Insurance Group, a newly formed holding company backed by investment from SkyKnight Capital. Tangram...

Posted: Sep 17, 2025

David Turner to lead SiriusPoint’s global Claims function

Specialty insurer and reinsurer SiriusPoint has announced the appointment of David Turner as Global Head of Claims, a London-based role. From October 7, 2025, Turner will lead the global Claims function, overseeing teams across London and New York...

Posted: Sep 17, 2025

Daniel Tasch named CEO of Marsh McLennan Austria

Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Daniel Tasch as CEO of Marsh McLennan, Austria, effective 1st October 2025. Based in Vienna, Tasch will report to Cristian Fugaciu, Co-CEO of Marsh McLennan Ce...

Posted: Sep 17, 2025

Allianz Trade announces new CEO appointment for Hong Kong Hub

Allianz Trade, a provider of trade credit insurance and a recognised expert in surety, collections, structured trade credit, and political risk, has announced the appointment of Hassan Omaish as Chief Executive Officer for Hong Kong, South Korea,...

Posted: Sep 17, 2025

Swiss Re to create single platform for ILS investment management offering

Swiss Re has announced the formation of a single platform for its insurance-linked securities (ILS) investment management offering, combining two teams to provide investors with access to its entire suite of products through a single manager. Swis...

Posted: Sep 17, 2025

Moody’s: European reinsurers post record earnings in first half of 2025

Moody’s Ratings, a provider of credit ratings, research and risk analysis, reported that the four biggest European reinsurers — Munich Re (insurance financial strength rating Aa3, positive outlook), Swiss Re (Aa3 stable), Hannover Re, and SCOR (A1...

Posted: Sep 17, 2025

Ares Management names Anup Agarwal partner and Chief Investment Officer of Ares Insurance Solutions

Ares Management Corporation, an alternative investment manager, has named Anup Agarwal as Partner and Chief Investment Officer of Ares Insurance Solutions, where he will also serve as Head of the business. Agarwal will collaborate with David Reill...

Posted: Sep 17, 2025