Reinsurance News
The Board of the UK flood reinsurance scheme, Flood Re, has appointed Latinka Pilipovic as Chief Financial Officer (CFO) and Board member, effective August 1st, 2025, subject to regulatory approval. Simultaneously, Dan Byrne, the Chief Risk Office...
Posted: Jul 11, 2025
In a recent briefing hosted by AM Best, titled “Reinsurance: What Lies Ahead?”, industry leaders gathered to examine the state of the reinsurance market at mid-year 2025 and offer insights into how the rest of the year might unfold. The panel incl...
Posted: Jul 11, 2025
WTW, a global advisory, broking and solutions company, is expanding its Bermuda office with the appointment of Cédric Thibault as Director to its Insurance Consulting and Technology (ICT) business. Thibault joins WTW with two decades of experience...
Posted: Jul 11, 2025
Global insurer and reinsurer, Everest has announced the appointment of Mark Shaw as Chief Commercial Officer for its International Insurance Operation. Shaw will report to Adam Clifford and Jason Keen, Co-Leads of Everest Insurance International®,...
Posted: Jul 11, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched its High Net Worth (HNW) offering in the UK with the appointment of Benjamin Faerestrand as Household Underwriter. Based in London, Faerestrand will be reporting...
Posted: Jul 11, 2025
Allianz Commercial, an insurance and financial services provider, has announced two permanent leadership appointments within its UK commercial division. These changes, effective immediately, strengthen the company’s focus on delivering high-qualit...
Posted: Jul 11, 2025
Fitch has released its Peer Credit Analysis for Bermuda/US re/insurers, revealing that all companies maintained underwriting profitability in 2024, despite increases in combined ratios due to higher catastrophe losses. The peer group includes Arch...
Posted: Jul 10, 2025
Arch Insurance North America has appointed five of its well-established executives to the newly created roles of Division Presidents, effective August 1st, 2025. Linda Fallon has been named Division President of Consumer Business, which includes t...
Posted: Jul 10, 2025
Insuramore, a provider of market intelligence for the insurance industry, has released its latest findings on the size and structure of the global managing general agent (MGA), managing general underwriter (MGU), and coverholder market. According...
Posted: Jul 10, 2025
Roamly, a digital insurance technology and solutions provider, has been appointed as a Lloyd’s Coverholder. With this approval, Roamly will be able to underwrite and insure customers directly on Lloyd’s balance sheet, along with being backed by th...
Posted: Jul 10, 2025
In a recent op-ed in the Wall Street Journal, Chubb’s CEO Evan Greenberg and Marsh McLennan’s CEO John Doyle highlight the urgent need for litigation reform, particularly third party litigation funding. The piece argues that this funding mechanism...
Posted: Jul 10, 2025
Crawford & Company, an independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has released its latest Large Loss Claims Review and Outlook. The report provides insights from Crawford’s global o...
Posted: Jul 10, 2025
Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns. The feature was developed following Supercede’s involvement in Cohort 14 of the Ll...
Posted: Jul 10, 2025
Global advisory, broking and solutions company WTW, has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business, a London-based role. In his new role, Finkelstein will leverage his...
Posted: Jul 10, 2025
Legal & General (L&G) and Blackstone have agreed a long-term strategic partnership, combining their respective credit platforms to enhance L&G’s competitive advantage in annuities and bolster its asset management proposition in key geo...
Posted: Jul 10, 2025
Tysers Insurance Brokers has appointed Amin Basbous as Senior Executive Officer (SEO) for Tysers Dubai, reporting to Tom Wilson, Chief Executive Officer of Tysers. Basbous joined Tysers in a broking role over a decade ago, and has since used his m...
Posted: Jul 10, 2025
Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink...
Posted: Jul 10, 2025
QBE Re, the reinsurance arm of QBE Insurance Group has unveiled a new simplified leadership structure, announcing a number of key appointments across markets and product areas. Leading QBE Re’s EMEA, International and North American markets are th...
Posted: Jul 10, 2025
Property catastrophe reinsurance rates have fallen 8.1% globally following the April and mid-year renewals, according to the latest update of Guy Carpenter’s property catastrophe reinsurance rate on line indices. Regular readers will recall...
Posted: Jul 10, 2025
Versicherungskammer Group, Germany’s largest public insurer, has selected Clearwater Analytics’ platform to power its middle, back office and risk functions. Clearwater’s unified, cloud-native platform delivers comprehensive investment data manage...
Posted: Jul 10, 2025
Descartes Insurance, the risk-carrying subsidiary of Descartes, a specialist in parametric insurance solutions, has expanded its offerings to corporate clients and public institutions to include Credit and Political Risk Insurance (CPRI), further...
Posted: Jul 10, 2025
Pricing in the UK defined benefit pension scheme bulk annuity market has reached its most favourable level in over two years, driven by increased competition, according to new data from Aon. Mike Edwards, Partner, Risk Settlement Group, Aon, noted...
Posted: Jul 10, 2025
AM Specialty Insurance Group has appointed Tom Griggs as Managing Director (MD) of Tailored Solutions at Pinpoint UK Solutions Ltd (Pinpoint), the London-based arm of AM Specialty. This appointment is a key step in AM Specialty’s international exp...
Posted: Jul 10, 2025
Markel Insurance, the insurance arm of Markel Group Inc., has announced the appointment of Joanna Quigan as Senior Underwriter, Professional and Financial Risks (PFR). Based in Melbourne, Quigan will report to Kym Beazleigh, Head of Professional a...
Posted: Jul 10, 2025
Advanta, a specialist technical adjusting firm, has announced the merger of Propicsa, a specialist Latin America and Caribbean loss adjuster, into its operations, aiming to strengthen its capabilities in the region and enhance its service offering...
Posted: Jul 10, 2025