Reinsurance News

The latest findings of WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), reveals that US commercial insurance rates have continued a downward trajectory compared with the prior two quarters, despite an increase of 5.3% in the first quarter...

Posted: Jun 11, 2025

Millennium Information Services (MIS), a provider of property inspection solutions for the insurance industry, has made a strategic investment in DigsFact, an artificial intelligence (AI) company specialising in real-time virtual inspections and a...

Posted: Jun 11, 2025

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Adrian Hall as the Chief Executive Officer (CEO) of the United States branch. The firm explained that his leadership marks “a pivotal ste...

Posted: Jun 11, 2025

Great Britain’s government-backed terrorism reinsurer, Pool Re, has chosen Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to modernise its investment operations, accounting, an...

Posted: Jun 11, 2025

With Canada’s 2025 wildfire season poised to become one of the most destructive on record following a historically damaging 2024, reinsurers are likely to re-evaluate their Canadian exposure, according to a recent report by Morningstar DBRS. As of...

Posted: Jun 10, 2025

Arundo Re, the French reinsurance company, has named Raphaël Marin as Non-Life Underwriter and Actuary for the Latin America (LatAm) market. With over thirteen years of experience in the insurance and reinsurance sectors, he has built a strong pro...

Posted: Jun 10, 2025

Alan Gray LLC, in conjunction with its wholly owned subsidiary A.G. Risk Management, Inc., has been appointed under a Pool Manager Agreement to serve as the successor pool manager for the Excess and Casualty Reinsurance Association (ECRA) and Carp...

Posted: Jun 10, 2025

Arden Insurance Services, a tech-enabled managing general agency (MGA), has announced the appointments of Tim Henry as Chief Operating Officer (COO) and Brian Sheekey as Chief Financial Officer (CFO). Henry brings deep expertise in product managem...

Posted: Jun 10, 2025

Artemis, our insurance-linked securities (ILS) focused sister publication, is hosting a webinar on June 17th, 2025, at 10am EST in the US (3pm BST UK), in collaboration with Computershare, during which market experts will discuss the state of the...

Posted: Jun 10, 2025

Specialty insurer and reinsurer, Vantage Group Holdings Ltd., has appointed James (Jim) Gunson as Chief Claims Officer of insurance operations. In his new role, Gunson will report to Alex Blanco, Chief Executive Officer of Insurance. He will lead...

Posted: Jun 10, 2025

According to Fitch Ratings, a provider of credit ratings, research, and risk analysis, Saudi Arabia’s insurance industry is poised for a period of intensified consolidation over the next two years. This trend is expected to be driven by tightening...

Posted: Jun 10, 2025

Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Ri...

Posted: Jun 10, 2025

UnderwriteMe, the Insurtech company of Pacific Life Re, has announced a number of key leadership appointments, including Scott Hunt as Director of Business Development, North America (NA), which follows the transition of Brett Laker to the role of...

Posted: Jun 10, 2025

Aurora, an algorithmic commercial insurance platform, has launched a new Lloyd’s-backed Property Owners insurance product, aiming to enhance how brokers access and place Property risks. The product leverages Aurora’s digital insurance platform and...

Posted: Jun 10, 2025

Arch Insurance International, a division of Bermuda-domiciled re/insurer Arch Capital Group, has appointed Holley Higgins to the newly created role of Head of Ports & Terminals. In her new role, Higgins will be responsible for developing Arch’...

Posted: Jun 10, 2025

B.P. Marsh & Partners has announced a £97.2 million increase in its Net Asset Value, reaching £326.4 million for the year ended 31 January 2025, a 42.4% rise compared to the previous year. Meanwhile, the firm has reported a consolidated profit...

Posted: Jun 10, 2025

Specialist insurer Beazley has announced the appointment of Stefan Wunderlich as Head of Parametric Insurance, effective 10th June 2025. Based in Zurich, Switzerland, Wunderlich will report to Richard Montminy, Group Head of Property Risks at Beaz...

Posted: Jun 10, 2025

Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 43.9% increase in gross premiums written (GPW) in the first quarter of 2025 (Q1’25) to $212.2 million from $147.5 million in Q1’24. Meanwhile, gross premiu...

Posted: Jun 10, 2025

In a press conference covered by the Jakarta Globe, Indonesia’s Financial Services Authority (OJK) confirmed that the country is planning to explore relaxing regulations to promote multinational reinsurance companies to open branches in Indonesia....

Posted: Jun 10, 2025

Canopius Group, a specialty and property & casualty insurer and reinsurer, has announced the appointment of Tom Losquadro as Vice President (VP) of Underwriting for National Hull & Liability in the United States. Losquadro joined the firm...

Posted: Jun 10, 2025

Britam Holdings has acquired a 30% stake in Continental Reinsurance Company (Kenya) Limited (Continental Re) for Sh763.78 million in the financial year ended December 2024, representing a strategic move to diversify its revenue streams. The stake...

Posted: Jun 10, 2025

According to credit rating agency AM Best, the US property and casualty (P/C) insurance industry recorded a $1.1 billion net underwriting loss in the first quarter of 2025—a significant decline from the $9.4 billion gain reported during the same p...

Posted: Jun 09, 2025

At Aon’s Investor Day 2025, Andy Marcell, CEO of Global Solutions, said that reinsurance continues to see strong demand, driven by climate change and social inflation in the US casualty market, adding that he expects Aon to sustain mid-single-digi...

Posted: Jun 09, 2025

Slide Insurance Holdings, Inc., the technology-enabled insurer, has launched its initial public offering (IPO) of 20,000,000 shares of its common stock, in a registration statement on Form S-1 with the Securities and Exchange Commission (SEC). Sli...

Posted: Jun 09, 2025

Mereo Advisors Group, a Bermuda-based firm specialising in insurance, reinsurance, and asset management, has announced it will now operate under the new name Cedar Trace. The change is limited to branding. The company’s leadership, operations, and...

Posted: Jun 09, 2025