Reinsurance News
White Mountains Insurance Group has agreed to acquire a majority stake in Distinguished Programs, an MGA and program administrator for specialty property & casualty insurance, for $230 million. White Mountains, which currently owns approximate...
Posted: Jul 07, 2025
Howden, the global insurance and reinsurance broking group, has partnered with specialist law firm Lawrence Stephens to launch the “first-of-its-kind” crypto theft insurance solution, which is combined with expert legal asset recovery services. Th...
Posted: Jul 07, 2025
The Insurance Development Forum (IDF) has welcomed Julian A.P. Enoizi, CEO of Guy Carpenter Europe and member of the Global Operating Committee, to its Steering Committee. Enoizi brings decades of leadership in the insurance and reinsurance sector...
Posted: Jul 07, 2025
The International Underwriting Association (IUA), which represents insurance and reinsurance companies in the London Market, has issued a response to the Financial Conduct Authority’s (FCA) latest proposals to simplify insurance conduct rules. Rep...
Posted: Jul 07, 2025
K&R Swiss AG, part of independent reinsurance broker König & Reeker GmbH, has announced the appointment of Stephan Geiger as Director, Treaty Reinsurance, Switzerland. König & Reeker is an independent reinsurance broker offering a comp...
Posted: Jul 07, 2025
Europe and Asia Pacific have emerged as the leading regions for mergers and acquisitions (M&A) in the first half of 2025, according to new research from WTW, an advisory, broking, and solutions company. WTW’s Quarterly Deal Performance Monitor...
Posted: Jul 07, 2025
The regulatory approval process for Lloyd’s managing agents is being streamlined to reduce authorisation times, following an agreement between the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA), and the Society of Llo...
Posted: Jul 07, 2025
Lloyd’s global insurer and reinsurer MS Amlin has appointed Nicola Harris as Head of Natural Resources, effective August 2025, reporting to Martin Burke, Chief Underwriting Officer (CUO), MS Amlin. The appointment reinforces the business’s c...
Posted: Jul 07, 2025
Bermuda-regulated investment manager, Members Capital Management (MembersCap), has completed an investment in its initial portfolio through the fund, MCM Fund I, the first tokenised institutional-grade reinsurance fund designed for sophisticated d...
Posted: Jul 07, 2025
Global reinsurer Hannover Re has announced the appointment of Ralf Boesemann as General Manager and Chief Executive Officer (CEO) of Hannover Re Services Italy S.r.l. (HS Ita). HS Ita serves clients across both Life & Health and Property &...
Posted: Jul 07, 2025
At least 81 people have been confirmed dead and 41 remain missing after flash floods devastated central Texas on Friday, with more storms expected in the region. The flash floods began Thursday night of last week and continued into Friday morning,...
Posted: Jul 07, 2025
According to the Thai General Insurance Association (TGIA), insurance claims stemming from the earthquake that struck Myanmar and impacted Thailand in March could total up to 50 billion baht (approximately $1.53 billion), with an estimated 150,000...
Posted: Jul 07, 2025
Energy expert James R. Pierce has been appointed Senior Advisor for EPIC Insurance Brokers & Consultants to support the company’s strategic growth and development of its Natural Resources practice. Pierce will work closely with leadership to e...
Posted: Jul 07, 2025
Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has announced that its insurance subsidiary, Zephyr Insurance Company, has entered into a partnership with the Hawaii Hurricane Relief Fund (HHRF)...
Posted: Jul 07, 2025
Lockton, a privately held insurance brokerage, has promoted Sarah Downey to US Professional and Executive Risk Leader, succeeding Devin Beresheim, who was appointed Lockton’s US Risk Solutions Leader earlier this year. In her new role, she w...
Posted: Jul 07, 2025
Oracle Insurance Risk Management Services Inc., a commercial and personal lines insurance broker, has finalised a strategic investment from Boston-based private equity firm Abry Partners. This collaboration is a significant milestone for Ontario-d...
Posted: Jul 07, 2025
Global reinsurance and insurance broker Aon has strengthened its Korean team with three senior appointments, including Tom Greenaway as Asia Strategic Growth Leader for Reinsurance. Greenaway has served as a Reinsurance Treaty Broker at Aon since...
Posted: Jul 07, 2025
As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for full year 2025 is expected to decline from 2024, although remain above the cost of equity and at a higher level than during the most recent soft mark...
Posted: Jul 04, 2025
The Natural Disaster Fund (NDF), a public-private partnership managed by Global Parametrics, a CelsiusPro Group company, has gathered increased recognition for its innovative approach to provisioning parametric risk transfer coverage in fragile st...
Posted: Jul 04, 2025
Atradius, a global provider of credit insurance, bond and surety, collections and information services, has announced changes to the composition of its Management Board and the distribution of responsibilities. Andreas Tesch, currently Chief Marke...
Posted: Jul 04, 2025
U.S. property and casualty (P&C) insurers, particularly those exposed to long-tail casualty lines, are continuing to take proactive steps to address profitability challenges by refining underwriting strategies and enhancing claims management p...
Posted: Jul 04, 2025
AM Best expects the direct impacts of the recent military action in the Middle East on the insurance industry to be largely limited by war exclusions and narrowly defined policy triggers. In its recent report, AM Best noted that there has been no...
Posted: Jul 04, 2025
Pan-African reinsurer Continental Reinsurance has announced the appointment of Grace Wanja as Head of Underwriting for its Nairobi subsidiary. Wanja brings nearly 15 years of experience in the re/insurance industry. She joined Continental Re in Oc...
Posted: Jul 04, 2025
As wildfire risk continues to rise, portfolio managers need advanced analytics that not only identify property-specific risk but also integrate these insights across the insurance value chain to build greater resiliency, according to a recent repo...
Posted: Jul 04, 2025
The UK insurance market remained unchanged and buyer-friendly so far in 2025, with continued softening across most lines, though insurance buyers should remain mindful of broader global uncertainty and volatility that could impact the industry, ac...
Posted: Jul 04, 2025