Reinsurance News
Howden, the insurance intermediary group, has announced the appointment of Jan Tinus Larsen as Chief Executive Officer (CEO) of Howden Norway, effective October 1, 2024. Larsen, who has been Deputy CEO since 2018, will succeed Anders Kvan, ensurin...
Posted: Sep 11, 2024
Palomar Holdings, a specialty property insurer, has announced the key appointment of David Sapia as the Executive Vice President, Head of E&S Casualty, effective September 9th, 2024. Sapia is responsible for spearheading the development of an...
Posted: Sep 11, 2024
Markel Group Inc., an insurance company renowned for its expertise in specialised insurance and risk management, has introduced its new FintechRisk+ insurance policy. This move highlights Markel’s commitment to offering top coverage and service fo...
Posted: Sep 11, 2024
Tokio Marine Kiln (TMK), part of the global insurance group Tokio Marine, has appointed Stephanie Hong as a Marine Underwriter in Asia Pacific (APAC), based in Singapore, effective immediately. In her new role, Hong is responsible for deepening th...
Posted: Sep 11, 2024
MultiStrat, a specialty reinsurance and capital advisory business, has made two senior promotions within its underwriting team, with Kier James stepping up from Vice President, Underwriting, to the role of Chief Underwriting Officer (CUO), while P...
Posted: Sep 11, 2024
Coalition, the insurance provider focused on actively preventing digital risks, has appointed Philip Cruickshank as Regional Development Underwriter in Manchester. Stephen Wares, Coalition’s International Head of Underwriting, commented: “Philip i...
Posted: Sep 11, 2024
QBE North America, a provider of property, casualty, and specialty insurance, has extended its support to Blue Forest, a conservation finance nonprofit focused on restoring forests, protecting watersheds, and preventing catastrophic wildfires. Unt...
Posted: Sep 11, 2024
OneAdvent, an MGA services platform, has appointed Cian O’Toole as the new Head of European Services, a newly created position, which is part of OneAdvent’s efforts to broaden its presence across Europe. Previously, O’Toole served as t...
Posted: Sep 11, 2024
The West of England P&I Club, an insurance provider to the global maritime and offshore industries, has announced the appointment of Bart Mertens as its new Chief Underwriting Officer (CUO), effective early 2025. Bart Mertens, who brings over...
Posted: Sep 11, 2024
Thomas Miller, an international insurance and risk management business is has unveiled Navata, its new standalone MGA business. Evolving from Thomas Miller Specialty Offshore, which was founded in 2016, Navata specialises in underwriting a broad a...
Posted: Sep 11, 2024
Juniper Re, LLC, the reinsurance broking arm of The Baldwin Group, has named Russ Wagner as Head of Facultative as it is set to enhance its ability to meet clients’ needs in the evolving market. In the role, Wagner will spearhead Juniper Re&...
Posted: Sep 10, 2024
HDI Global Insurance Company, the US branch of the global commercial insurer HDI Global SE, has announced the introduction of its new excess Life Sciences Liability policy. With coverage options of up to $10 million, this enhanced solution provide...
Posted: Sep 10, 2024
According to a new WTW Commercial Lines Insurance Pricing Survey (CLIPS), US commercial insurance rates grew at a rate of 5.9% throughout the second quarter of 2024, down from 6.1% in Q2 2023. The rates for the same segment were reported at 6.3 %...
Posted: Sep 10, 2024
Hiscox, a provider of specialist insurance solutions, has introduced a new offering called Personnel Security Plus. This product is designed to enhance the coverage provided by Hiscox’s existing Kidnap and Ransom insurance policy, offering b...
Posted: Sep 10, 2024
Specialty insurer Mosaic Insurance, has announced that it has added 13 US environmental risk specialists to its team as the organisation continues to buildout business across the Americas. According to Mosaic, this expansion marks the next stage o...
Posted: Sep 10, 2024
WTW, the global advisory, broking, and solutions firm has appointed Colin Dutkiewicz as Senior Director to its Insurance Consulting and Technology (ICT) business. Based in London, Dutkiewicz is a renowned veteran across the life re/insurance indus...
Posted: Sep 10, 2024
A vast majority of insurers and asset managers are continuing to invest in longer term cybersecurity planning and have put in place advanced cybersecurity protection, a new report from Moody’s Ratings reveals. According to Moody’s, the...
Posted: Sep 10, 2024
Recent figures from the International Underwriting Association (IUA) reveal a substantial increase in treaty reinsurance within the London company market for 2023, premiums surged to £10.889 billion, compared to £8.248 billion in 2022, marking nea...
Posted: Sep 10, 2024
At the beginning of the year, Ebix Europe, the London-based technology specialist, released its electronic placing solution, PlacingHub, which has attracted interest from major re/insurance brokers and carriers across the market. During an intervi...
Posted: Sep 10, 2024
PwC hosted over 400 reinsurance executives across three events at the annual Rendez-Vous de Septembre (RVS) in Monte Carlo. The main takeaway from these meets was the pivotal role played by Bermuda in driving the future of reinsurance as the regio...
Posted: Sep 10, 2024
Global insurance broker WTW has established a strategic partnership between its Affinity Insurance business and Kayna, the insurance infrastructure platform, expanding its insurance solutions to SME clients domiciled in the US and UK through Verti...
Posted: Sep 10, 2024
Carbon Underwriting Limited, an independent managing general underwriter and manager of Lloyd’s syndicates CBN 4747 and CBN 5757, has announced the appointment of Julie Gallagher as Head of Syndicate Management, effective immediately. Gallagher ha...
Posted: Sep 10, 2024
In a recent interview with Reinsurance News, Jarad Madea, CEO, Howden Capital Markets & Advisory, discussed what the underlying drivers of the hard market conditions are, and how they are currently impacting the insurance sector, as well as ho...
Posted: Sep 10, 2024
Envelop Risk, a firm specialising in cyber reinsurance and analytics, has unveiled its new services division, Envelop Risk Solutions. This new arm is designed to provide comprehensive support to insurers and reinsurers aiming to enhance their cybe...
Posted: Sep 10, 2024
BMS Group (BMS), the independent specialist re/insurance broker, has appointed market veteran, Richard Dudley as Group Chief Broking Officer, based in London, effective December 2024. Dudley will have a reporting line to Nick Cook, BMS Group’s Chi...
Posted: Sep 10, 2024