Reinsurance News

Moody’s upgrades The Hartford ratings and assigns stable outlook

Moody’s Ratings has upgraded The Hartford Insurance Group’s senior unsecured debt rating to A3 from Baa1, and changed the Group’s and its subsidiaries’ outlook to stable from positive. Additionally, the credit rating agency upgraded the insu...

Posted: Oct 16, 2025

Q3’25 insured losses lowest since 2006 as protection gap narrows: Aon

According to Aon’s Q3 2025 global catastrophe report, insured losses totalled $12 billion for the quarter, 72% below the century average and the lowest since 2006, while year-to-date losses reached $114 billion, 37% above the century average, driv...

Posted: Oct 16, 2025

Gabrielle Griffith appointed Atrium’s Head of Motor

Atrium, an insurance group operating within Lloyd’s market, has announced the promotion of Gabrielle Griffith to the newly created role of Head of Motor. In her new position, Griffith is set to expand Atrium’s book of North American motor business...

Posted: Oct 16, 2025

Reinsurance market remains resilient with sellers eager to deploy capacity: Doyle, MMC

The reinsurance market remains resilient in the face of elevated losses from natural catastrophe events, geopolitical instability and an uncertain macroeconomic landscape, with reinsurers eager to deploy capacity as competition increases, accordin...

Posted: Oct 16, 2025

Beat Capital Partners launches financial institutions MGA, led by Blair Bartlett

Beat Capital Partners, an incubator of underwriting franchises and Ambac subsidiary, has partnered with Crum & Forster executive Blair Bartlett to launch 1889 Specialty Insurance Services, a financial institutions managing general agent (MGA)....

Posted: Oct 16, 2025

Aon names Byron Beebe as CEO of Human Capital

Aon, a global insurance and reinsurance broking group, has appointed Byron Beebe as Chief Executive Officer (CEO), Human Capital, effective immediately, reporting to Andy Marcell, CEO of Global Solutions. In the role, he will lead Aon’s integrated...

Posted: Oct 16, 2025

Travelers sees Q3’25 net income climb 50% on strong underwriting and investment performance

The Travelers Companies has reported Q3 2025 net income of $1.888 billion, up 50% from the same period of 2024, with a consolidated combined ratio of 87.3%. The firm also reported core income of $1.867 billion for Q3 2025, a 53% increase from $1.2...

Posted: Oct 16, 2025

Price will be a talking point but reinsurance structures expected to hold: Munich Re

Global reinsurer Munich Re expects price to be a discussion point at the 2025 Baden-Baden Reinsurance Meeting next week, and emphasised that the firm is ready to deploy more capital ahead of the January renewals with structures projected to hold,...

Posted: Oct 16, 2025

Guy Carpenter’s revenue rises 5% to $398m in Q3’25

Global broking group Marsh McLennan’s reinsurance arm, Guy Carpenter, generated revenue of $398 million and $2.3 billion for the third quarter and nine-month period ended September 30th, 2025, respectively, as consolidated revenue across the...

Posted: Oct 16, 2025

Markel International names Joe Wong as Professional Financial Risks & Cyber Underwriter

Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client e...

Posted: Oct 16, 2025

Saudi Re approves issuance of new shares to increase capital by 46.6%

Saudi Reinsurance Company’s (Saudi Re) Board of Directors has approved a capital increase through the issuance of 53.98 million new shares, raising its capital by 46.6% to SAR 1.7 billion to strengthen the reinsurer’s capital base and support grow...

Posted: Oct 16, 2025

Clark to lead Howden US’ Private Risk Solutions with Krupowicz as Head of Operations

Insurance broker Howden US has appointed Joe Clark as President and Dale Krupowicz as Head of Operations for its Private Risk Solutions business. The broker stated that these appointments reinforce its commitment to building a modern, client-centr...

Posted: Oct 16, 2025

MGT Partners and Huntingdon Advisory form partnership to expand European re/insurance opportunities

Huntington Advisory, an independent strategic advisory firm headquartered in Singapore with offices in London and Hong Kong, has partnered with MGT Partners, a French financial services group based in Paris, to enhance client access to the Europea...

Posted: Oct 16, 2025

David Smith appointed as Chaucer Group’s new Head of Claims

Chaucer Group, a specialty re/insurance group, has announced the appointment of David Smith as Group Head of Claims, subject to regulatory approval. Smith will assume the role on 1 January 2026, following the retirement of Tony Gates, who will ste...

Posted: Oct 16, 2025

Munich Re a stabilising force in uncertain times: Kopff

Clarisse Kopff, Member of the Board of Management at Munich Re, has indicated that amid climate-related perils and the impacts of geopolitical and macroeconomic instability, the firm will continue to fulfil its stabilising role, grounded in enduri...

Posted: Oct 16, 2025

CLARA Analytics unveils new offering service that transforms data into AI-ready assets

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelli...

Posted: Oct 16, 2025

IDF announces launch of Infrastructure Resilience Development Fund

The Insurance Development Forum (IDF)—a public-private partnership between the insurance industry, the United Nations, and the World Bank—has announced the launch of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastr...

Posted: Oct 16, 2025

Kemper names C. Thomas Evans, Jr., as Interim CEO as Lacher steps down

US-based insurer Kemper Corporation has appointed C. Thomas Evans, Jr., the current Executive Vice President (EVP), Secretary, and General Counsel, to serve as Interim Chief Executive Officer (CEO) as Joseph P. Lacher, Jr. steps down. Lacher depar...

Posted: Oct 16, 2025

Optio Group names Harald Teige as Head of Coastal Marine at S Insurance AS

Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company. Based in Oslo, Teige will report to Morten F. Basthus, Chief Underwriting Officer, and has tak...

Posted: Oct 16, 2025

ACORD Solutions expands automated sanctions screening capabilities in ACORD Transcriber

ACORD Solutions Group, the technology arm of ACORD, has announced expanded features for automated sanctions screening within ACORD Transcriber, its intelligent document processing platform. The new Sanctions Screening capability extracts key data...

Posted: Oct 16, 2025

Georgina Smart named HDI Head of Global Risk Bloodstock & Equine

HDI Global, a commercial and specialty lines insurer, has announced the appointment of Georgina Smart as Head of Global Risk Bloodstock & Equine, based in London. Smart will lead the insurer’s bloodstock and equine underwriting and distributio...

Posted: Oct 16, 2025

Consilium launches stand-alone stock facility to improve inventory coverage

Consilium, the global specialty insurance and reinsurance wholesale broker, has announced that its Cargo Risk Solutions division has launched a stand-alone stock facility designed to deliver improved pricing, lower deductibles, and broader wording...

Posted: Oct 15, 2025

Meta’s Prashant Ratanchandani joins Lemonade’s Board of Directors

Lemonade, the AI-powered digital insurance company, has announced the addition of Prashant Ratanchandani to its Board of Directors. Ratanchandani currently serves as Meta’s Vice President of Engineering for AI Products, where he leads the engineer...

Posted: Oct 15, 2025

RGA makes strategic investment in FoxPath Capital Partners

Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced a strategic investment in FoxPath Capital Partners, a specialist credit secondary investment firm. Based in New York and founded in 2023, FoxPath is a spe...

Posted: Oct 15, 2025

Balavant Insurance Group names Michael Sothen CFO and Omeed Kazemi COO

Balavant Insurance Group, a provider of specialty insurance solutions, has announced two senior executive appointments to strengthen its leadership team. Michael Sothen has been named Chief Financial Officer, and Omeed Kazemi joins as Chief Operat...

Posted: Oct 15, 2025