Reinsurance News

Chris Wilson appointed to lead unified fleet and commercial motor division at ERS

ERS, a UK specialist motor insurer, has announced the promotion of Chris Wilson to Head of Fleet and Commercial Motor. This follows Scott Tillbrook’s move into the role of Active Underwriter and marks a strategic shift to bring two closely connect...

Posted: Jul 10, 2025

Riverstone appoints Enstar’s Brockman as Group CEO, to succeed Tanzer

Paul Brockman has been appointed as the new group chief executive officer of RiverStone International Holdings, succeeding Luke Tanzer who will be retiring later this year. Additionally, the company also announced the appointment of Andrew Creed a...

Posted: Jul 09, 2025

AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising thre...

AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate...

Posted: Jul 09, 2025

ImageCat partners with Green Shield to expand wildfire risk data offerings

ImageCat, a technology firm focused on risk and exposure analytics for the insurance, finance, and emergency management sectors, has partnered with Green Shield Risk Solutions, a specialist in wildfire risk assessment and mitigation data, to integ...

Posted: Jul 09, 2025

Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe

Emilie Hungenberg has joined Sompo, a provider of commercial and consumer property and casualty re/insurance, as Head of Strategy Insurance – Continental Europe. Commenting on her appointment, Hungenberg said:“I’m excited to contribute to Sompo’s...

Posted: Jul 09, 2025

MSIG USA appoints Philip Wray as Head of Property

MSIG USA, a provider of specialty commercial insurance solutions, has announced the appointment of Philip Wray as Head of Property. In this role, Wray will lead MSIG USA’s national property portfolio, overseeing underwriting strategy, product deve...

Posted: Jul 09, 2025

Amwins SRU launches all-risk property solution for habitational market

Amwins Special Risk Underwriters (SRU), Amwins’ in-house MGA, has launched HabVantage, an exclusive all-risk property solution tailored for the habitational market. In a fluctuating property market, HabVantage is designed to meet evolving ne...

Posted: Jul 09, 2025

Neptune Flood expands premium capacity to over $400m for 2025

Neptune Flood, a provider of private flood insurance in the US, has announced it will have more than $400 million in premium capacity for 2025. This marks a significant jump from the $300 million secured in 2024 and highlights the company’s sustai...

Posted: Jul 09, 2025

Tokio Marine eyes growth in niche non-property specialty in US P&C: Autonomous

Following Tokio Marine’s investor day, Autonomous equity analysts highlighted the insurer’s strategic shift away from property exposures toward niche non-property specialty lines in the US P&C market, which it views as the greatest opportunity...

Posted: Jul 09, 2025

Aon launches new Data Center Lifecycle Insurance Program for clients

Aon has launched its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility created to help clients manage risk across every stage of data center development and operations. According to Aon, the DCLP provides...

Posted: Jul 09, 2025

Bichetero named Substantive DMD/COO for Africa Re

Africa Re has announced Ephraim Kiiza Bichetero has assumed duty as Substantive Deputy Managing Director/Chief Operating Officer (DMD/COO) from July 1, 2025. This has taken place after a one-year transition and succession programme with the retiri...

Posted: Jul 09, 2025

Mitsui Sumitomo to acquire majority ownership share of Time Machine Underwriters

Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group Holdings, has announced plans to acquire shares of Time Machine Underwriters Co., Ltd. (TMU), a Managing General Agency (MGA) in Japan specialising in Representation and Wa...

Posted: Jul 09, 2025

LMA announces launch of Treasury & Investments Group

The Lloyd’s Market Association (LMA) has announced the formation of its new Treasury & Investments Group (TIG), a strategic initiative that aims to drive innovation and collaboration across the Lloyd’s market. The TIG will be accountable to th...

Posted: Jul 09, 2025

Institutional interest and regulatory clarity could fuel crypto insurance growth: AM Best

While insurance penetration in the cryptocurrency sector remains very limited, greater interest from institutional investors and regulatory clarity are two factors that may help drive insurance growth in the industry, according to AM Best. As owne...

Posted: Jul 09, 2025

Ondine Bourrut Lacouture to serve as Active Underwriter of Arch Syndicate 1955

Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has promoted Ondine Bourrut Lacouture as an Active Underwriter of Arch Syndicate 1955 at Lloyd’s. Lacouture succeeds Simon Williams, who held the role since Syndicate 1955 was acq...

Posted: Jul 09, 2025

OAK Re unveils new organisational structure to drive future growth

Global reinsurance provider OAK Reinsurance has announced an enhanced organisational structure, building upon its successful launch in November 2024. Since January 1, 2025, OAK has achieved significant success, successfully writing approximately $...

Posted: Jul 09, 2025

CCRIF launches microinsurance initiative with CelsiusPro & Global Parametrics

CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, has partnered with CelsiusPro and its subsidiary Global Parametrics to launch a new initiative, the CCRIF Microinsurance Facility, which includes a digital insurance administra...

Posted: Jul 09, 2025

US tariffs set to slow global economy and insurance premium growth: Swiss Re Institute

US tariff policy reduces trade and heightens uncertainty, decelerating both economic and insurance premium growth around the world, a recent Swiss Re report has revealed. While current economic data may not yet fully reflect it, consumers and firm...

Posted: Jul 09, 2025

Canopius Group names Micia Yong as Head of Property & Specialty Treaty, APAC

Canopius Group, a leading global specialty and P&C re/insurer, has appointed Micia Yong as Head of Property & Specialty Treaty Asia Pacific (APAC), effective July 4th, 2025. She will be based in Singapore and report directly to Soon Keen (...

Posted: Jul 09, 2025

ACORD and Howden partner to enhance digital accounting and invoicing standards

Industry standards body ACORD and Howden, the global insurance and reinsurance broker, have announced that the ACORD Standards for digital accounting and invoicing are live and operational in the UK retail insurance market. This is the first time...

Posted: Jul 09, 2025

Diego Cervantes-Knox appointed Group COO at Ocean Re

Diego Cervantes-Knox is joining Ocean Re, a Barbados-headquartered reinsurer, as Group Chief Operating Officer (COO), effective this September. In his new role, Cervantes-Knox will focus on accelerating growth, scaling operations, and modernizing...

Posted: Jul 09, 2025

Universalis rebrands as Acrisure Portugal following 2023 acquisition

Portuguese insurance broker Universalis is now officially operating as Acrisure Portugal Insurance Broker, following its acquisition by Acrisure in 2023. The rebrand reflects a deeper strategic alignment with Acrisure’s global identity and signals...

Posted: Jul 09, 2025

Amynta combines underwriting units to create integrated healthcare practice

Amynta Group, an insurance services provider, has announced it is combining its underwriting units, Oryx Insurance Brokerage (Oryx) and Total Program Management (TPM), to create a fully integrated healthcare practice. The combined business will op...

Posted: Jul 08, 2025

MSIG USA names Laura Meade as Central Region Distribution Leader

MSIG USA, a provider of specialty insurance solutions, has appointed Laura Meade as Central Region Distribution Leader, reporting to Joseph Fitzpatrick, Head of Distribution, MSIG USA. The appointment aligns with the company’s investment in...

Posted: Jul 08, 2025

QBE North America launches Life Sciences insurance offering

QBE North America, part of the global insurer QBE, has launched a new Life Sciences insurance product designed to address the complex and evolving risks faced by medical product developers, manufacturers, and distributors. The product provides lia...

Posted: Jul 08, 2025