Reinsurance News

Global re/insurance broker Aon has announced that David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1st, 2025. Carlson will focus on advancing Aon’s industry strategy by deepening sector-specific in...

Posted: Jul 02, 2025

Insurance Australia Group (IAG) has reported estimated natural perils costs for the financial year 2025 of approximately $1.08 billion, which is $200 million lower than its allowance for the period. Ahead of its FY’25 results, which will be announ...

Posted: Jul 02, 2025

Specialty re/insurance rates remain adequate on average and are trending downward, though a soft market is likely still 2–3 years away, according to a recent report by Peel Hunt. Following their participation in the recent Lloyd’s Tour, Peel Hunt...

Posted: Jul 01, 2025

Global insurer Chubb has announced the appointment of Mark Shaw as Division President of Chubb Workplace Benefits (CWB). CWB offers a portfolio of streamlined solutions tailored for mid-to-large-sized businesses and the brokers who serve them. Its...

Posted: Jul 01, 2025

The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global presence with the acquisition of Queensland-based Corporate and Commercial Insurance Brokers. Founded in 2006, Corporate and Commercial Insurance Broke...

Posted: Jul 01, 2025

Munich Re Group has finalised the acquisition of NEXT Insurance, integrating it into the management structure of ERGO Group AG, its major primary insurance business. The transaction, announced earlier in the year, was completed with the companies...

Posted: Jul 01, 2025

Vienna Insurance Group (VIG) has announced that Peter Thirring will assume the role of Chairman of the VIG Supervisory Board, effective 1st July 2025. The decision was made during the constituent meeting following VIG’s 33rd Annual General Meeting...

Posted: Jul 01, 2025

Howden, the global insurance and reinsurance broking group, has announced the appointment of Lee Vanderson as Head of Specialty for the Philippines. In his new role, Vanderson will focus on expanding Howden Specialty’s presence in the Philippines...

Posted: Jul 01, 2025

Earnings diversity and robust capital has led S&P to upgrade its long-term issuer and financial strength ratings on Arch’s core re/insurance subsidiaries to ‘AA-’ from ‘A+’ and issuer credit rating on the holding company, Arch Capital Group Lt...

Posted: Jul 01, 2025

Old Republic Specialty Insurance Group, the largest business segment of Old Republic International Corporation and which specialises in the property and casualty market, has appointed Daniela James as Senior Vice President, Chief Reinsurance Offic...

Posted: Jul 01, 2025

Accelerant has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed underwritten initial public offering (IPO). While the timing of the offering, number of Class A common shares t...

Posted: Jul 01, 2025

Global reinsurer Swiss Re has announced Gianfranco Lot will take on the additional role of Country President Switzerland, succeeding Urs Baertschi. In this expanded capacity, Lot will be responsible for representing Swiss Re’s interests in Switzer...

Posted: Jul 01, 2025

AXA has completed the sale of AXA Investment Managers (AXA IM) to BNP Paribas for cash proceeds of €5.1 billion. AXA has also finalised the sale of Select to AXA IM for €0.3 billion, bringing the total value to the previously announced €5.4 billio...

Posted: Jul 01, 2025

Chaucer Group, a global specialty insurance and reinsurance group, has announced the appointment of Emily Brand as Deputy Class Underwriter – Energy. Based in Singapore, Brand will report to Scott Ho, who leads Chaucer’s Energy team in the region....

Posted: Jul 01, 2025

Australian insurer Suncorp has completed its 2026 reinsurance renewal, securing main catastrophe cover for losses between $500 million and $6.3 billion, and has added a structured, multi-year solution that reduces exposure to $350 million for a fi...

Posted: Jul 01, 2025

Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion, driven by growth in traditional capital as the alternative portion...

Posted: Jul 01, 2025

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. According to...

Posted: Jul 01, 2025

Lloyd’s, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re’s syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to bot...

Posted: Jul 01, 2025

Ripe, a UK digital managing general agent (MGA), has achieved 16% year-on-year revenue growth, with turnover increasing to £20.6 million in the 12 months ending 31 December 2024, up from £17.8 million in 2023. This growth marks the company’s 17th...

Posted: Jul 01, 2025

Despite extensive loss activity in Q1, Guy Carpenter anticipates strong reinsurer performance to continue for the rest of 2025, with capital growth of 5% to 7% by year-end. Despite global economic volatility and insured losses nearing $70 billion...

Posted: Jul 01, 2025

Buyers of protection had the opportunity to secure improvements to the structure of their property and specialty reinsurance programmes at the July 1st, 2025, reinsurance renewals, a period in which Gallagher Re notes a shift in the balance of sup...

Posted: Jul 01, 2025

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has appointed Elliot Richardson as its new Executive Chair, as Rod Fox has decided to step down and leave the business. Fox, the founder of TigerRisk Partners...

Posted: Jul 01, 2025

Lockton, a privately held insurance brokerage, has appointed Nick Serrault as Chief Operating Officer (COO) for its US operations, reporting to Tim Ryan, Lockton’s US President, based in Texas. Serrault has nearly two decades of industry experienc...

Posted: Jul 01, 2025

Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo – risks that typically do not get placed in the London insurance m...

Posted: Jul 01, 2025

UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversi...

Posted: Jun 30, 2025