Reinsurance News
Howden, the global insurance and reinsurance broking group, has appointed Patrick De Baets as Chief Executive Officer (CEO) of its Belgium operation, effective immediately. De Baets has over three decades of industry experience, having held senior...
Posted: Jun 19, 2025
Apollo has announced the appointment of Steve Portman as Head of Energy, effective June 2025. In his new role, Portman will be responsible for enhancing portfolio growth and strengthening market positioning within the energy division. Based in Lon...
Posted: Jun 19, 2025
Global specialist re/insurer and capacity provider Newpoint Re has reported strong financial performance for the full year 2024, with gross written premiums rising to $400.9 million, a significant increase from $249.4 million in 2023. The firm als...
Posted: Jun 19, 2025
Global reinsurance broker Gallagher Re has announced the appointment of Anna Dill as Executive Vice President (EVP). Based in Minneapolis, Dill will focus on U.S. large account P&C origination and client advocacy. She brings more than 15 years...
Posted: Jun 19, 2025
SiriusPoint Ltd., a re/insurer focused on specialty lines, has announced the expansion of its ongoing relationship with Copenhagen-based Managing General Agent (MGA), DUPI Nordics, into Continental Europe. Since March 2023, SiriusPoint has support...
Posted: Jun 19, 2025
Bermuda-domiciled global specialty re/insurer Ascot Group has appointed Rosalind Brewer, Martin Flanagan, and Robert Sewell to its Board of Directors, pending regulatory approval. These strategic appointments align with the company’s long-term goa...
Posted: Jun 19, 2025
Aon, a global insurance and reinsurance broking group, has received certification for its updated Florida hurricane model from the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) for ratemaking in the state. The updated model...
Posted: Jun 19, 2025
Fee-based risk management services, a service that is already provided for free by many insurers, can boost US property and casualty (P&C) insurer’s revenues, according to a recent report by the Deloitte Center for Financial Services. Over the...
Posted: Jun 19, 2025
HG Re Ltd. has selected Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to enhance its investment performance measurement and risk analytics capabilities. This implementation ai...
Posted: Jun 19, 2025
WTW, an advisory, broking, and solutions firm, has appointed Ryan Pischke as Growth Leader for Michigan and Ohio within its Corporate Risk & Broking (CRB) segment in North America. In this role, Pischke will focus on expanding WTW’s presence i...
Posted: Jun 19, 2025
Credit ratings agency, Moody’s Ratings, has upgraded the insurance financial strength ratings of global insurer AIG’s major property & casualty (P&C) subsidiaries in the US, UK and Europe to A1 from A2, with the outlook revised...
Posted: Jun 18, 2025
Porch Group, Inc., a homeowners insurance provider, announced the renewal of its partnership with Goosehead Insurance. Growing Porch Reciprocal Exchange insurance premiums in a profitable way is an important strategic objective for the Company. Th...
Posted: Jun 18, 2025
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed from 11 separate events, with roughly 70% attributable to three widespread wind and hailstorms. By comparison,...
Posted: Jun 18, 2025
Willis, a WTW business, has appointed Linda Fisher to lead its law firm segment within the Financial Services and Professional Services (FIPS) division across North America. Operating out of Chicago and reporting to Brad Messinger, Leader of the F...
Posted: Jun 18, 2025
United Risk, a global property and casualty insurance underwriting and distribution platform, has completed the acquisition of Pinnacle Underwriting Pty Ltd. and its affiliate Pinnacle Holdings Group Pty Ltd. (collectively, Pinnacle Underwriting)....
Posted: Jun 18, 2025
International reinsurance broker Chedid Re, part of Chedid Capital, has promoted Jalal Tabaja to the role of Deputy Head of Facultative. In his new role, Tabaja will lead the broker’s facultative division, driving growth and operational exce...
Posted: Jun 18, 2025
Ambac Financial Group, Inc., an insurance holding company, has provided an update on the timing of the sale of its legacy financial guarantee businesses to funds managed by Oaktree Capital Management, L.P., and on the extension of the maturity dat...
Posted: Jun 18, 2025
Michael Steel, General Manager at Moody’s – Insurance Solutions, has announced the appointment of Joe Melly as the new Head of the Casualty sub-segment within Moody’s – Insurance Solutions. Melly will also join the company’s Senior Lea...
Posted: Jun 18, 2025
S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict with Iran, and the agency does not currently anticipate taking negative rating actions on the country’s insurance or b...
Posted: Jun 18, 2025
Guy Carpenter, a risk and reinsurance specialist, has announced a partnership with Valloop, a financial platform focused on employee ownership, to support employee buyouts of small and medium-sized enterprises (SMEs) through a new financial struct...
Posted: Jun 18, 2025
Around the annual meeting of the legacy insurance and reinsurance marketplace in Brighton, UK, last month, we hosted a roundtable discussion in partnership with global reinsurer Swiss Re, during which experts from across the market discussed trend...
Posted: Jun 18, 2025
Arch Insurance UK Regional Division has announced the promotion of Mark McGrady to Liability Underwriting Manager. McGrady will report to Stuart Danskin, Director of Underwriting for the UK Regional Division. In his new role, McGrady will lead the...
Posted: Jun 18, 2025
Lloyd’s of London-backed start-up Testudo, part of Lloyd’s Lab innovation accelerator, has launched a new data and technology platform aimed at underwriting insurance policies for risks associated with artificial intelligence. Testudo, a company i...
Posted: Jun 18, 2025
Tokio Marine HCC (TMHCC), a specialty insurance provider, has announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C, effective June 30th, 2025. Based in New York City, Geary will rep...
Posted: Jun 18, 2025
Slide Insurance has announced the pricing of its upsized initial public offering of 24,000,000 shares of its common stock, par value per share $0.01, at a public offering price of $17.00 per share. Slide has revealed that it is offering 16,666,667...
Posted: Jun 18, 2025