Reinsurance News
MNK Group Holdings, a global independent insurance and reinsurance conglomerate, has announced the appointment of Chaitali Roy as Group Executive Managing Director – Risk and Regulation. She will also join the Group Executive Board and report dire...
Posted: Jul 28, 2025
Bridgehaven Europe Holdings Limited (Bridgehaven), a UK-based hybrid insurer focused on commercial and specialty lines, has entered into an agreement to acquire SureStone Insurance DAC (SureStone), a Dublin-based insurer, for an undisclosed fee. S...
Posted: Jul 28, 2025
A consortium formed by the SMABTP and MACSF groups has finalised an agreement to acquire 100% of the capital of Arundo Re (formerly CCR Re). This transaction marks the full exit of Caisse Centrale de Réassurance (CCR) from the capital of France...
Posted: Jul 28, 2025
Volante Global, an international Managing General Agent (MGA) and Lloyd’s Syndicate owned by global fintech Acrisure, has appointed Demian Smith as its new Chief Executive Officer (CEO), subject to current contractual obligations and regulatory ap...
Posted: Jul 28, 2025
Zurich-domiciled catastrophe insurance data provider, PERILS, has upped the industry loss for its third estimate for extratropical windstorm “Éowyn”, also known as “Gilles”, to €747 million from €696 million in April. The third estimate compares t...
Posted: Jul 28, 2025
Eventual, a company focused on improving financial stability for real estate owners, has announced that it has raised $7.5 million in funding and introduced Premium Lock, a product designed to provide long-term predictability for property insuranc...
Posted: Jul 28, 2025
The International Underwriting Association (IUA), which represents London Market insurers and reinsurers, has appointed Evie Newman as an Underwriting and Claims Technician. Simultaneously, the IUA has also announced that Antonia Osborne, Director...
Posted: Jul 28, 2025
The World Bank has approved the accession of five countries – Angola, Burundi, Malawi, Seychelles, and Zambia – under Phase 2 of the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) programme. This widens the p...
Posted: Jul 28, 2025
USQRisk, part of Ryan Specialty’s alternative risk division, has promoted Michael Zipper and Parag Bavishi to Co-Chief Executive Officers (CEOs) of USQ, effective August 1st, 2025. Meanwhile, USQ’s current CEO, Anibal Moreno, will be stepping down...
Posted: Jul 28, 2025
Catastrophe Indices and Quantification Inc. (CatIQ), an independent Toronto-based provider of catastrophe insurance data and a subsidiary of PERILS, has released its fifth industry-wide loss estimate for the wildfire that swept through Jasper, Alb...
Posted: Jul 25, 2025
AM Best, the credit rating agency, has issued a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa-” (Superior) to HDI Global UK Limited, a United Kingdom-based subsidiary of HDI Haftpflichtverband der Deutschen...
Posted: Jul 25, 2025
After posting 6% organic revenue growth for the second quarter of 2025 in its Reinsurance Solutions operation, global broking giant Aon’s Chief Executive Officer (CEO), Greg Case, has highlighted the firm’s client-oriented approach and...
Posted: Jul 25, 2025
1B Insurance AG, a provider of embedded insurance for digital asset platforms based in Switzerland, has announced the appointment of John Morley as Chief Executive Officer (CEO), effective immediately. Morley brings deep expertise in developing in...
Posted: Jul 25, 2025
Allianz Commercial, part of global insurer Allianz, has appointed Doan Nguyen-Huu as Global Head of Portfolio Solutions, effective August 1st, 2025, and Daniel Head as Head of Portfolio Solutions and Delegated Authority, UK Global and Internationa...
Posted: Jul 25, 2025
Applied Systems has released the second quarter of 2025 results of the Applied Rating Index, the Canadian insurance industry’s premium rate index, showing year-over-year and quarter-over-quarter increases in average premium rate changes for both P...
Posted: Jul 25, 2025
Kinsale Capital Group, Inc. reported a net income of $134.1 million for the second quarter of 2025, which includes after-tax catastrophe losses of $2.9 million, up 44.8% from $92.6 million in the same quarter a year earlier, which included $2.7 mi...
Posted: Jul 25, 2025
Sands Point Risk, a multi-program MGA platform backed by Avesi Partners, has announced its acquisition of BRM Specialty Markets, a Philadelphia-based Medical Stop Loss Managing General Underwriter. The acquisition marks a significant milestone for...
Posted: Jul 25, 2025
Aon, the global insurance and reinsurance broking group, achieved total revenue growth of 11% to $4.2 billion in the second quarter of 2025, with organic growth of 6% in its Reinsurance Solutions arm on the back of double-digit increases in insura...
Posted: Jul 25, 2025
The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it for use by insurers in assessing wildfire risk and property insurance ratemaking—marking it as the first catastrophe model...
Posted: Jul 25, 2025
Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a 3.2% increase in direct premiums written to $596.7 million in the second quarter of 2025, from $578.2 million a year earlier, driven by a 25.4%...
Posted: Jul 25, 2025
The Cayman Islands Monetary Authority (CIMA) granted a total of 21 new international insurer licenses in the first half of 2025, as commercial insurance, reinsurance, and captive sectors continue to expand in the region. This was reported in the r...
Posted: Jul 25, 2025
Global insurer American International Group, Inc. (AIG) has appointed Glen Browne as its new Global Head of Accident & Health (A&H), effective September 3rd, 2025. He will be based in Zurich, Switzerland and report to Jon Hancock, Executiv...
Posted: Jul 25, 2025
A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...
Posted: Jul 25, 2025
A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...
Posted: Jul 25, 2025
Jensten Underwriting, a managing general agent within the Jensten Group, has announced the appointment of senior industry specialist Kathleen Durling as Director of Underwriting. In her new role, Durling will spearhead two of Jensten Underwriting’...
Posted: Jul 25, 2025