Reinsurance News
Relation Insurance Services (Relation), an insurance brokerage firm, has announced its acquisition of Albert G. Ruben, a pioneer in Hollywood and the global entertainment industry known for delivering specialised insurance services to major film s...
Posted: Jul 03, 2025
Jonathan Zhao has been promoted to Global Insurance Leader at EY, taking over the role from Isabelle Santenac, who had been leading the practice for the past six years. Zhao, who has been with the company for nearly 25 years, will now oversee a te...
Posted: Jul 03, 2025
Diesta, the insurance payment reconciliation and distribution specialist, has partnered with INSHUR, a global provider of insurance solutions for the on-demand economy, to automate payment operations and support INSHUR’s next phase of growth. Thro...
Posted: Jul 03, 2025
Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointment of Armin De Weerdt as Assistant Vice President (AVP), Finance. De Weerdt is joining Carrick from Pillar Capital Management Limited, a Bermu...
Posted: Jul 03, 2025
According to reinsurance broker Gallagher Re’s 1st View mid-year renewal report, recent legislative reforms in the State of Florida encouraged reinsurers to write across the board at the mid-year renewals, in hopes of maintaining their market shar...
Posted: Jul 02, 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, has released its third industry loss estimate for the ice storm that impacted Ontario and Quebec from March 28 to 31, 2025, with losses now standing...
Posted: Jul 02, 2025
Global legacy re/insurance specialist Enstar Group Limited has announced the completion of its acquisition by investment firm Sixth Street for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. The acquisition w...
Posted: Jul 02, 2025
According to new data released by the Insurance Council of Australia (ICA), the total insured cost of extreme weather events in the first half of 2025 has now surpassed AUD 1.8 billion from 148,437 claims. A breakdown of these claims shows that th...
Posted: Jul 02, 2025
Global reinsurance broker Gallagher Re has announced the appointment of Pablo Muñoz as Chief Executive Officer (CEO) of Global Facultative Reinsurance, effective July 2, 2025. Based between London and Miami, Muñoz will leverage his over 25 years o...
Posted: Jul 02, 2025
Achim Bosch has officially taken as Chief Executive Officer (CEO) of Deutsche Rückversicherung AG (Deutsche Rück) as of July 1st, 2025, from Frank Schaar, who held the role since February 2018, and is retiring. The Supervisory Board of Deutsche Rü...
Posted: Jul 02, 2025
In an interview with Reinsurance News, John Fitzgerald, President of MS Transverse, said the company’s recent upgrade of its Financial Strength Rating to A+ (Superior) from A (Excellent) by AM Best cements its leadership in the hybrid fronting spa...
Posted: Jul 02, 2025
Earnix, a Dynamic-AI platform for insurance, has announced that its new PolicyCenter v10 accelerator is now available to Guidewire PolicyCenter version 10 users via the Guidewire Marketplace, helping insurers respond quickly to market changes and...
Posted: Jul 02, 2025
The Lloyd’s Market Association (LMA) has launched a new model clause, LMA5670 – General Sanctions Financial Crime Documentation Clause, designed to strengthen sanctions compliance in reinsurance and insurance contracts. This measure aims to empowe...
Posted: Jul 02, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Niala Butt as Head of Casualty Claims, UK, effective immediately, based in London. In her new role, she will report to Nik Mahida, Head of Third-party claims, U...
Posted: Jul 02, 2025
Global reinsurer MAPFRE RE has entered into an agreement with ICEYE, an specialist in satellite-based disaster management solutions, to license its Flood Insights data globally. This collaboration aims to improve MAPFRE RE’s rapid and effective re...
Posted: Jul 02, 2025
BMS Group, an independent global insurance and reinsurance broker, has announced the appointment of Janine Seifert as Managing Director of Strategy and Advisory at BMS Re, the reinsurance division of BMS Group. In her new role, Seifert will be bas...
Posted: Jul 02, 2025
Fortitude Re has closed a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum), a subsidiary of Unum Group. Consistent with the agreement announced earlier this...
Posted: Jul 02, 2025
Global reinsurer Ariel Re has successfully sponsored its fifth catastrophe bond, Titania Re 2025-1, providing it with $150 million of multi-peril retrocessional reinsurance protection with a state-weighted industry loss trigger over four years. Co...
Posted: Jul 02, 2025
Howden, the global insurance and reinsurance broking group, has acquired a majority stake (68.3%) in Holos Holdings Co., Ltd. (Holos), a Kyoto-headquartered retail insurance broker. Founded in 2001 by Kei Horii, Holos is a privately owned retail i...
Posted: Jul 02, 2025
Bermuda domiciled re/insurer Aspen Insurance Holdings has announced the appointment of Mariza Costa as Head of Investor Relations. In her new role, Costa will be responsible for managing relationships between Aspen and its investors, analysts, rat...
Posted: Jul 02, 2025
Chariot Re, an independent Bermuda-based Class E life and annuity reinsurance firm launched with co-sponsorship by MetLife and General Atlantic, has completed its first reinsurance transaction with a subsidiary of MetLife. Chariot Re, unveiled in...
Posted: Jul 02, 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Ian McLean as Chief Technology Officer. In his new role, McLean will be responsible for accelerating the delivery of CFC’s technology roadma...
Posted: Jul 02, 2025
Global reinsurer MS Reinsurance (MS Re) has made numerous leadership changes to its underwriting operations in certain regions and also announced structural adjustments within the Americas, International, and Global Specialty Lines business units...
Posted: Jul 02, 2025
Starpeak, a digital distributor of specialist insurance products, has renewed its long-standing binder arrangement with AXA XL’s UK & Lloyd’s business. The renewal marks the 10th year of their successful partnership, which has significantly co...
Posted: Jul 02, 2025
Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced the appointments of Nicholas Lunn as Head of the UK, Central Eastern Europe, the Middle East, and Africa, and Barbara Magni as Head of Southern Eur...
Posted: Jul 02, 2025