Reinsurance News
Berkshire Hathaway Specialty Insurance (BHSI) has recently appointed Louis du Ché to the additional role of Country Manager for France, alongside his current position as Country Manager, Belgium. Alessandro Cerase, Head of Europe at BHSI, remarks,...
Posted: Apr 17, 2024
The Indian insurance sector could see relief from taxes as the Goods and Services Tax (GST) Council plans to review the exemption for reinsurance after the elections, according to a Moneycontrol report. In an effort to avoid disrupting insurance i...
Posted: Apr 17, 2024
Amwins, the global distributor of specialty insurance products and services, has hired Jon Beckham to lead Amwins Program Underwriters (APU), succeeding Ben Francavilla who has served as president of APU since 2009, and recently announced his reti...
Posted: Apr 17, 2024
Howden, a global insurance intermediary group, has launched a new cargo war risk facility to protect vessels from drone and missile strikes by Yemeni based militia groups in the Red Sea, and strengthen global supply chains. According to the broker...
Posted: Apr 16, 2024
DUAL, the specialist underwriting arm of Howden Group Holdings, has significantly strengthened its European marine capability by acquiring Swiss Re’s Genoa-based Marine team, and has authority to write marine business for the global reinsure...
Posted: Apr 16, 2024
Coalition, an active cyber insurance provider, has revealed new integrations between Coalition Control, its cyber risk management platform, and cloud services providers, which includes Microsoft 365, Google Workspace, and Amazon Web Services. It h...
Posted: Apr 16, 2024
INSUREtrust, formerly housed in Starwind, has integrated into the Wholesale Brokerage Division of CRC Group, a wholesale specialty insurance distributor in North America, to form a cyber practice group. This strategic combination broadens INSUREtr...
Posted: Apr 16, 2024
SageSure, an MGU focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (SURE) have closed the Gateway Re 2024-2 second and subsequent event catastrophe bond at $130 million. The issuance marks SURE’s second succes...
Posted: Apr 16, 2024
PoloWorks, a Lloyd’s and London Market insurance services business, has announced the appointment of Raphael Borrel to the role of Chief Risk Officer (CRO). In his new position, Borrel will be responsible for leading the risk and compliance functi...
Posted: Apr 16, 2024
Brokerslink has announced that cyber security business McAfee has joined its broking network as a ‘B.Tech affiliate’. By integrating McAfee’s industry-leading consumer cybersecurity expertise into its network, Brokerslink aims to support the...
Posted: Apr 16, 2024
Berkshire Hathaway Specialty Insurance (BHSI), the property & casualty insurer, is expanding its global marine capabilities in the US by launching Ocean Marine Insurance. The firm has also appointed Ben Wyatt as Head of Marine, and Chris Frick...
Posted: Apr 16, 2024
Analysts at JMP Securities report that while the property catastrophe reinsurance market is attracting more capital, recent significant changes in terms and conditions are expected to sustain strong returns despite anticipated minor price reductio...
Posted: Apr 16, 2024
MGA iprism, a specialist in Construction, Property, Commercial and High Net Worth, has announced the appointment of Adrian Saunders to its board as Non-Executive Director. Saunders brings a wealth of experience to iprism, boasting over 24 years of...
Posted: Apr 16, 2024
Fitch Ratings’ analysis of the 2023 Italian Insurance Dashboard reveals a significant downturn in net inflows for the Italian life insurance sector for both traditional savings and unit-linked products. According to analysts at Fitch, this d...
Posted: Apr 16, 2024
Generali Global Corporate & Commercial (GC&C), subsidiary of the Italian insurance giant, has hired Patricia Puerta as the firm’s new GC&C Head of Mediterranean & Latin America, effective May 2, 2024. She joins the company wi...
Posted: Apr 16, 2024
Beat Capital Partners, a long duration investor specialising in the insurance industry, has announced its plans to launch a specialty and tech enabled credit non-payment insurance underwriter, Convergence. With an initial focus on Europe and North...
Posted: Apr 16, 2024
Chaucer, the global specialty re/insurance firm has bolstered it’s leadership team, with the appointments of James Wright, the company’s current Chief Risk Officer (CRO), who has been named the firm’s new Chief Financial Officer...
Posted: Apr 16, 2024
Howden, the global insurance intermediary group, has announced the acquisition of Curran Connolly & Company (Drogheda) Ltd, a commercial and personal lines insurance broker based in County Louth, Ireland. With this acquisition, Howden builds i...
Posted: Apr 16, 2024
MS Reinsurance has named Andy Hottinger to lead the growth of its European, Middle East and Africa (EMEA) property and casualty (P&C) business. Hottinger holds 20 years of experience in reinsurance underwriting, having previously held leadersh...
Posted: Apr 16, 2024
Aspen Insurance Holdings and PIMCO Investment Management Company have formed Pando Re, a Bermuda-domiciled collateralized (re)insurer focused on casualty business. Aspen will reportedly be the sole cedant to Pando Re and PIMCO will be its exclusiv...
Posted: Apr 16, 2024
Lightstone and Converge RE II have announced the appointment of Craig Buck as Chief Executive Officer (CEO) of Converge US, effective May 1, 2024. A renowned figure across the industry, Buck has held a number of different roles throughout his car...
Posted: Apr 16, 2024
U.S. insurance brokerage Alliant Insurance Services has acquired Property Owners Protection Insurance Company, LLC (POPIC), a national captive program manager serving owners and managers of multifamily and single-family residential portfolios. Thi...
Posted: Apr 16, 2024
Latin Re has become the first Brazilian reinsurance broker to license RiskExplorer™, the advanced risk management software developed by Ultimate Risk Solutions (URS). RiskExplorer is well known for its sophisticated modeling capabilities. I...
Posted: Apr 16, 2024
Integra Insurance and Reinsurance Broking Services is the first Turkish broker to roll out CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries. It will license Broking Manager to bolster its growth plans for...
Posted: Apr 16, 2024
Lloyd’s exceptional 2023 results demonstrate the resilience of the market as we heads into uncertain times, according to a joint report from the Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR). If you recall, i...
Posted: Apr 15, 2024