Reinsurance News

Coalition Re launches Helios platform to improve cyber risk monitoring

Coalition, known as the first Active Insurance provider focused on digital risk prevention, has introduced Coalition Re’s Helios platform. This new tool allows cedants of Coalition Re to track their cyber risk exposures in real time and manage the...

Posted: Jun 24, 2025

Instnt partners with Munich Re to expand fraud insurance capacity

Instnt, a venture-backed insurance technology company, has announced a strategic partnership with global reinsurer Munich Re to expand reinsurance capacity for its Fraud Loss Insurance product. Instnt developed this solution to address the heavy b...

Posted: Jun 24, 2025

Zurich urges stronger climate resilience for Europe’s clean energy infrastructure

In a recent report, Zurich Insurance Group emphasised the urgent need to strengthen Europe’s clean energy infrastructure against growing climate-related threats, calling for stronger collaboration between the public and private sectors. The report...

Posted: Jun 24, 2025

Protecdiv names Sandra Thompson, former FHFA Director, as Independent Board Director

Protecdiv, an insurance and reinsurance brokerage firm, has announced the immediate appointment of Sandra Thompson, former Director of the Federal Housing Finance Agency, as an Independent Director on its Board. With many years of experience in fi...

Posted: Jun 24, 2025

Tokio Marine HCC teams up with Adaptive Insurance to launch short-term power outage coverage in 18 s...

Adaptive Insurance, a company focused on climate resilience using AI and data to offer climate-based parametric insurance, has entered a partnership with Tokio Marine HCC (TMHCC), a specialty insurance group based in Houston, Texas, and part of th...

Posted: Jun 24, 2025

Munich Re’s ERGO expands Nordic presence with the merger of travel and health insurance units

Munich Re’s ERGO Group AG has completed the merger of its Danish travel insurance company, Europæiske Rejseforsikring A/S and its Norwegian health insurance business, ERGO Forsikring AS, formerly known as Storebrand Helseforsikring AS, expan...

Posted: Jun 24, 2025

ILS and collateralised reinsurers dominate Florida Citizens 2025 renewal

Final lines for Florida Citizens Property Insurance Corporation’s 2025 risk transfer programme reveal that insurance-linked securities (ILS) and collateralised markets make up the majority of the new reinsurance placed, and the total tower f...

Posted: Jun 24, 2025

ICEYE expands capabilities with largest SAR satellite launch to date

ICEYE, a global leader in Synthetic Aperture Radar (SAR) satellite operations, has successfully launched and deployed six new SAR satellites into orbit, further expanding its constellation and capabilities. ICEYE revealed that satellites in this l...

Posted: Jun 24, 2025

Jayson Taylor to lead MSIG USA’s casualty business

MSIG USA, a provider of specialty insurance solutions, has named Jayson Taylor as head of casualty, reporting to CEO Peter McKenna. Since joining the firm in 2024, Taylor has reportedly been instrumental in shaping its innovation agenda, driving t...

Posted: Jun 24, 2025

Miller launches property smart follow facility powered by InsurX

Miller, the independent specialist insurance and reinsurance broker, has launched MillerBoost, a Property smart follow facility that aims to help brokers and clients move faster and with greater confidence in a rapidly evolving risk environment. M...

Posted: Jun 24, 2025

hyperexponential and Markel partner to transform US & Bermuda insurance pricing

hyperexponential (hx) , a provider of pricing decision intelligence software for the insurance industry, has announced a collaboration with global specialty insurance provider Markel, to accelerate pricing transformation across the US and Bermuda...

Posted: Jun 24, 2025

Robust reinsurance coverage a buffer against Middle East geopolitical risk: Morningstar DBRS

Firms with robust reinsurance coverage, conservative investment strategies, and proactive enterprise risk management frameworks are better equipped to withstand the volatility stemming from the ongoing hostilities between Iran and Israel, accordin...

Posted: Jun 24, 2025

Drought triggers £261K parametric payout for Pakistan’s chilli farmers

A severe drought in Pakistan has triggered a £261,243 parametric insurance payout to Tearfund, directly supporting chilli farmers in the southern region of the country. The payout was triggered by a severe period of hot and dry weather resulting i...

Posted: Jun 24, 2025

MAPFRE USA appoints Mark Pasko as EVP, Counsel and Secretary of US

MAPFRE USA, the holding company for a number of property and casualty insurance companies, has appointed Mark Pasko as Executive Vice President (EVP), General Counsel and Secretary of US operations, effective July 21st, 2025. In his new role, Pask...

Posted: Jun 24, 2025

Commercial insurance rate increases to moderate in 2025: KBW

Keefe, Bruyette & Woods, Inc. (KBW), an investment bank and research firm focused on financial services, expects overall commercial insurance rate increases to moderate in 2025 following years of compounding gains across most lines of business...

Posted: Jun 24, 2025

HDI’s Sutherland appointed Chair of IUA’s Aviation Claims Committee

The International Underwriting Association (IUA) has announced its Aviation Claims Committee has appointed James Sutherland, from HDI Global SE, as its new Chair, and Paul Lamport of AIG as its new Deputy Chair. Sutherland’s current role at HDI Gl...

Posted: Jun 24, 2025

New insurance solution from Ryan Transactional Risk targets environmental remediation costs

Ryan Transactional Risk,  a managing general underwriter and part of Ryan Specialty, has announced the launch of a new insurance product focused on environmental liability. The new offering, Ryan Transactional Risk Enviro, is designed to insure ag...

Posted: Jun 24, 2025

Chubb’s Westchester appoints Dave Roberts as Chief Operating Officer

Westchester, global insurer Chubb’s excess and surplus lines division, has announced the appointment of Dave Roberts as Chief Operating Officer. In this role, Roberts will oversee operations for Westchester’s recently established Property, Casualt...

Posted: Jun 24, 2025

Citizens secures $4.49bn risk transfer target for 2025 with lower ROL for new reinsurance

Florida’s Citizens Property Insurance Corporation, the state’s insurer of last resort, has cited favourable market conditions as it was able to successfully place its target risk transfer programme of $4.49 billion for the 2025 wind se...

Posted: Jun 23, 2025

Mizuho Americas hires equity research analyst Yaron Kinar from Jefferies

Mizuho Americas has announced the appointment of former Jefferies’ insurance analyst, Yaron Kinar as Managing Director and Senior Equity Research Analyst for the Insurance sector. Kinar, who brings two decades of equity research expertise in the i...

Posted: Jun 23, 2025

COPE gets approved as a Lloyd’s Coverholder

Cyprus-based reinsurance and travel services firm COPE has been approved as a Lloyd’s Coverholder, a significant step in its global expansion. Established in 2023, COPE described the accreditation as “an exciting new chapter” in its growth journey...

Posted: Jun 23, 2025

Mayer Brown welcomes Greg Oguss as Partner in Corporate & Securities and the Global Insurance Indust...

Mayer Brown, a law firm known for its comprehensive legal services across multiple industries, has announced that Greg Oguss has joined its Chicago office as a partner in the Corporate & Securities practice and the Global Insurance Industry Gr...

Posted: Jun 23, 2025

Kingstone lifts catastrophe reinsurance limit 57% to $440m for 2025

Kingstone Companies, Inc., a US property and casualty insurance holding company, has finalised its 2025/2026 catastrophe reinsurance placement, increasing the amount of reinsurance limit secured by 57%, or $160 million year-on-year to $440 million...

Posted: Jun 23, 2025

Aon Broker Copilot launches to ‘transform the commercial insurance placement process’

Aon, a global insurance and reinsurance broking group, is looking to modernise the commercial insurance placement processes with Aon Broker Copilot, its recently launched patent-pending platform, which will utilise artificial intelligence, large l...

Posted: Jun 23, 2025

MS Transverse’s credit ratings upgrade a ‘significant milestone’, says CEO Dave Paulsson

MS Transverse Insurance Group’s recent upgrade of its Financial Strength Rating to A+ (Superior) from A (Excellent) by AM Best marks a significant milestone and underscores the strength of its business model, the quality of its partnerships, and i...

Posted: Jun 23, 2025