Reinsurance News

Shelley Yim appointed as Aon’s Northern California Market Leader

Aon, a professional services firm providing risk, retirement, and health solutions, has appointed Shelley Yim as the new Market Leader for Northern California, effective August 1. In this role, Yim will lead efforts to drive growth, strengthen cli...

Posted: Jul 29, 2025

SageSure & Anchor Re secure $50m with debut reinsurance sidecar Seawall Re

SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidec...

Posted: Jul 29, 2025

Brown & Brown grows premium revenue 8.2% in Q2’25 despite 10% drop in net income

Brown & Brown, Inc., an insurance brokerage and risk management firm, announced its financial results for the second quarter of 2025, reporting solid organic revenue growth despite a decline in net income. For the quarter, income before income...

Posted: Jul 29, 2025

HDI Global announces new leadership for Long Tail segment

Corporate & Specialty insurer HDI Global has announced a number of leadership appointments in its Long Tail segment, including Dennis Siebrasse as new Head of Liability Underwriting Europe, and Dr Pascal Nef as Head of Technical & Strategi...

Posted: Jul 29, 2025

Insured cat losses expected to top $100bn again in 2025: Willis

With six years having passed since the insurance industry last experienced a “quiet year” for natural catastrophes, a recent biannual report from Willis suggests that the trend of annual insured losses exceeding $100 billion is set to...

Posted: Jul 29, 2025

Guy Carpenter appoints Matthew Flynn as Head of Global Clients, Global Specialties

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Matthew Flynn to the newly created role of Head of Global Clients for its Global Specialties business. Based in London, Flynn will report to James Boyce...

Posted: Jul 29, 2025

QBE partners with Matrix iQ to offer fleet data and risk management platform

QBE, a business insurance provider, has entered into a partnership with Matrix iQ, a company that offers connected vehicle and driver behaviour data services. As part of the collaboration, QBE customers will gain access to Matrix iQ’s platform, wh...

Posted: Jul 29, 2025

Swiss Re appoints Stephen Abrokwah as Head of L&H Japan

Global reinsurer Swiss Re has appointed Stephen Abrokwah as its new Head of Life & Health (L&H) Japan. Abrokwah brings around 15 years of industry experience, with strong actuarial expertise and leadership skills. He has been with Swiss Re...

Posted: Jul 29, 2025

$80bn in H1’25 insured losses marks second-highest on record

Reinsurance giant Munich Re has estimated that global insured losses from natural catastrophe events reached $80 billion in H1 2025, marking the second-highest H1 figure since its records began in 1980. The $80 billion in insured losses during H1...

Posted: Jul 29, 2025

Aon Client Treaty expands into global facultative reinsurance placements

Global insurance and reinsurance broker Aon has expanded its Aon Client Treaty (ACT) into its Reinsurance Solutions business, specifically for global facultative placements, bringing more capacity to its clients via its facility as part of the fir...

Posted: Jul 29, 2025

African Development Bank approves $30m for climate resilience in Benin

The African Development Bank Group (AfDB) has approved $30.25 million in financing for a program aimed at bolstering climate protection and agricultural sector resilience in Benin, West Africa. This investment will help 150,000 smallholder farmers...

Posted: Jul 29, 2025

Arch Insurance promotes David Maher to Chief Information Officer

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has promoted David Maher to Chief Information Officer (CIO), effective immediately. He will be based in London and repo...

Posted: Jul 29, 2025

Mitsubishi Electric to transfer insurance subsidiary to Marsh Japan

Mitsubishi Electric Corporation has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. This transaction is expecte...

Posted: Jul 29, 2025

Solvency II: Insurance Europe calls for smarter capital rules to boost EU investment and growth

Insurance Europe—the federation representing the European insurance and reinsurance industry—has welcomed the European Commission’s launch of its consultation on the Level 2 technical details of the Solvency II review. This consultation provides a...

Posted: Jul 28, 2025

Berkshire (BHSI) promotes two senior leaders in Dubai

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has promoted Aisling Malone as Deputy Senior Executive Officer and Head of Customer & Broker Engagement, and Joe Saa...

Posted: Jul 28, 2025

Applied Underwriters launches Innovation Risk MGA platform

Applied Underwriters, a provider of insurance solutions, has announced the launch of Innovation Risk, a new managing general agent (MGA) platform focused on casualty, accident, and life underwriting operations. This new independently operated MGA...

Posted: Jul 28, 2025

AXA XL appoints Sylvain Bouteillé as CUO for Specialty Americas

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Sylvain Bouteillé as Chief Underwriting Officer (CUO) for Specialty Americas. Based in New York, Bouteillé will report...

Posted: Jul 28, 2025

Malawi receives over $3.3m insurance payout from ARC, addressing drought impacts

The Government of the Republic of Malawi has received a total insurance payout of USD $3,376,783 from the African Risk Capacity (ARC) Group, a specialised agency of the African Union that helps member states manage the risks associated with extrem...

Posted: Jul 28, 2025

Dubai’s DIFC record growth strengthened by insurance-related firms

The Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA), has announced its best-ever performance for the first half of a year, with the insurance sector taking a prominent lead...

Posted: Jul 28, 2025

Coalition adds Holder and Mullett to support regional brokers in the UK

Coalition, an active insurer focused on preventing digital risks, has appointed James Holder as a Senior Business Development Manager based in the border of South Wales/England, and Sam Mullett as a Production Underwriter based in Birmingham. Coal...

Posted: Jul 28, 2025

Barents Reinsurance settles with PRA over £1.8m post-Brexit compliance fine

Barents Reinsurance S.A. (Barents) has acknowledged the Final Notice issued by the Prudential Regulation Authority (PRA) regarding breaches related to post-Brexit compliance in its London Branch (now in supervised run-off) between July 2021 and Oc...

Posted: Jul 28, 2025

Aon names Eric Seyfried as MD within Cyber Solutions group

Global insurance and reinsurance broker Aon has announced the appointment of Eric Seyfried as Managing Director (MD) within its Cyber Solutions group. Based in New York City, Seyfried will report to Brent Rieth, Global Cyber Leader at Aon. He will...

Posted: Jul 28, 2025

Consilium expands Global Cedant Fac offering with new Singapore office to be led by Drysdale

Consilium, the global specialty re/insurance broking business of the Aventum Group, has expanded its Cedant Facultative Risk Solutions team with the launch of a new Singapore office, subject to regulatory approval. The Singapore office’s dev...

Posted: Jul 28, 2025

European reinsurance pricing softens, but market discipline holds firm, says Autonomous

Autonomous, an independent research firm known for in-depth financial analysis across re/insurance sectors, has provided a detailed update on the state of the European reinsurance market following the completion of the key 1 July renewal period. T...

Posted: Jul 28, 2025

Reinsurance pricing softens, but market discipline holds firm, says Autonomous

Autonomous, an independent research firm known for in-depth financial analysis across re/insurance sectors, has provided a detailed update on the state of the European reinsurance market following the completion of the key 1 July renewal period. T...

Posted: Jul 28, 2025