Reinsurance News
US primary insurer Travelers has renewed its major catastrophe reinsurance programs at mid-year on terms largely consistent with the prior year, with minor adjustments and the possible non-renewal of some smaller treaties. Namely, effective July 1...
Posted: Jul 17, 2025
US primary insurer Travelers has renewed its major catastrophe reinsurance programs at mid-year on terms largely consistent with the prior year, with some adjustments to coverage. Namely, effective July 1, 2025, Travelers renewed its Northeast Pro...
Posted: Jul 17, 2025
US primary insurer The Travelers Companies, Inc. has announced its results for the second quarter of 2025, reporting an underwriting gain of $1.022 billion, a significant improvement compared to the prior year quarter’s loss of $65 million, as net...
Posted: Jul 17, 2025
Insurance and reinsurance brokering group Gallagher has introduced a new product line within its Evolve placement strategy, which offers automatic, immediate and bespoke coverage for Conventional Power clients around the world. Evolve, powered by...
Posted: Jul 17, 2025
The Insurance Development Forum (IDF), in collaboration with the United Nations Development Programme (UNDP) and the German Federal Ministry for Economic Cooperation and Development (BMZ) through the InsuResilience Solutions Fund (ISF), has comple...
Posted: Jul 17, 2025
Guy Carpenter, the reinsurance arm of the global broking group Marsh McLennan, saw its revenue reach $677 million in Q2 of 2025, up 7% compared to the same period of 2024. Marsh McLennan’s Risk & Insurance Services segment, of which Guy...
Posted: Jul 17, 2025
A new report from Swiss Re projects a favourable 2025 outlook, with the U.S. property & casualty industry expected to maintain a 10% ROE through 2026, as improved investment returns help offset weaker underwriting profitability despite histori...
Posted: Jul 17, 2025
Howden, the global insurance and reinsurance broking group, has been appointed by Gold Standard to approve insurance policies that support the eligibility of carbon credits for the Carbon Offsetting and Reduction Scheme for International Aviation...
Posted: Jul 17, 2025
mea Platform, a provider of intelligent insurance processing technologies and ACORD Solutions Group (ASG), an industry-owned provider of next-generation digital solutions, have entered a strategic partnership to accelerate the adoption of automate...
Posted: Jul 17, 2025
Markel Insurance, the insurance division of Markel Group Inc., has appointed Chelsea Jiang as Managing Director of Greater China, reporting to the newly appointed MD of Asia Pacific, Sucheng Chang. Jiang is based in Hong Kong and will oversee Mark...
Posted: Jul 17, 2025
Arch Insurance International, a part of the global Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has promoted Chris Fairs to Head of Agency Management at Arch Managing Agency Limited (AMAL), effective im...
Posted: Jul 17, 2025
Willis, a WTW business, has announced a new collaboration with the University of East Anglia (UEA) to deepen understanding of global wildfire risk in response to escalating global threats. This partnership aims to provide reliable scientific insig...
Posted: Jul 17, 2025
Insurance rates across the US continued their upward trend in the second quarter of 2025, according to new data released by MarketScout, a national insurance distribution and underwriting company, in collaboration with Novatae Risk Group, a specia...
Posted: Jul 17, 2025
Keystone, an insurance broker and agency network, announced that growth investor Warburg Pincus, will acquire a majority stake in the company. The private transaction’s financial details were not disclosed. According to the announcement, Bain Capi...
Posted: Jul 17, 2025
The Lloyd’s Market Association (LMA) welcomes the UK Government’s Financial Services Growth and Competitiveness Strategy, which recognises the insurance sector’s importance, specifically the role of Lloyd’s of London, according to Arab...
Posted: Jul 17, 2025
Trade Credit insurer Coface has received “in principle approval” from the Lloyd’s marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management. Coface Lloy...
Posted: Jul 16, 2025
Abundant capacity and intensifying competition among reinsurers are driving softer pricing at the June and July renewals, reinforcing Fitch Ratings’ expectation that market pressures will continue to weigh on prices beyond their 2024 peak. Accordi...
Posted: Jul 16, 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, has released its fifth industry loss estimate for the flash flooding that impacted southern Ontario on 15th and 16th July 2024, estimating CAD 899 m...
Posted: Jul 16, 2025
Reask, a provider of tropical cyclone risk intelligence, has launched a new global alert service aimed at helping insurers and catastrophe modellers track storms before they make landfall. The service uses high-resolution windfield forecasting to...
Posted: Jul 16, 2025
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Peter Cordell as Head of North America Casualty, effective January 2026. In his new role, Cordell will be based in London and wil...
Posted: Jul 16, 2025
Lockton Re, a reinsurance broker specialising in cyber risk, has released its update on the cyber reinsurance market for the first half of 2025. Their analysis reveals key trends and movements driven by shifts in pricing, capacity, and underwritin...
Posted: Jul 16, 2025
Global reinsurance and insurance broker Aon has appointed four senior members to its reinsurance team, including Alfonso Valera as Chief Executive Officer (CEO) of International, Steve Hofmann as CEO of Americas, George Attard as Global Head of St...
Posted: Jul 16, 2025
Following the Chancellor of the Exchequer’s announcement regarding the introduction of a UK regime for captive insurance companies, PwC leaders have expressed their support for the new framework. This initiative aims to bolster the UK’s posi...
Posted: Jul 16, 2025
Global insurer American International Group, Inc. (AIG) has announced the appointment of former Lloyd’s Chief Executive Officer (CEO), John Neal, as its new President, effective December 1st, 2025. In the role, Neal will report to Peter Zaff...
Posted: Jul 16, 2025
Argenta Syndicate Management Ltd, a Lloyd’s managing agency, has successfully rolled out Send’s Underwriting Workbench across every class of business. This makes Argenta the first Lloyd’s managing agent to adopt the Send platform across all...
Posted: Jul 16, 2025