Reinsurance News
Global professional services firm Aon has appointed Anthony DiLorenzo as Head of US casualty for Reinsurance Solutions. DiLorenzo assumes the role from Amanda Lyons, who was appointed Aon’s global product leader for Reinsurance Solutions in May 20...
Posted: May 02, 2025
Global professional services firm Aon has appointed Anthony DiLorenzo as Head of US Casualty for Reinsurance Solutions. DiLorenzo assumes the role from Amanda Lyons, who was appointed Aon’s global product leader for Reinsurance Solutions in May 20...
Posted: May 02, 2025
Chubb, Zurich North America and National Indemnity have launched a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on a claims-made basis for large national and multinational companies. Acc...
Posted: May 02, 2025
WTW, a global advisory, broking and solutions company, has announced the acquisition of CFS International Inc. (CFS), an US West Coast trade credit insurance company, into Willis. CFS was founded in 1990 and specialises in delivering trade credit...
Posted: May 02, 2025
Global insurance broker A. J. Gallagher & Co. has reported net earnings of $708.9 million for Q1 2025, up from $612.7 million in Q1 2024, driven by improvements in both its brokerage and risk management segments. Gallagher’s revenues bef...
Posted: May 02, 2025
Although the ongoing tariff war and resulting inevitable higher inflation will undoubtedly impact all lines of insurance and reinsurance business, French reinsurer Arundo Re’s very strong balance sheet will create opportunities for growth, accordi...
Posted: May 02, 2025
Global insurer American International Group (AIG), Inc. has reported strong top-line growth with net premiums written (NPW) for the first quarter of 2025 hitting $4.5 billion, flat year-over-year on a reported basis, although the general insurance...
Posted: May 02, 2025
Greenlight Re, a subsidiary of Greenlight Capital Re, Ltd., has announced the appointment of Martin Vezina as Head of Underwriting Analytics with immediate effect. Based in the company’s Grand Cayman headquarters, Vezina will play an important rol...
Posted: May 02, 2025
Peak Re, a reinsurance company specialising in property and casualty, life, and health solutions, has announced that Kathleen Koh, Managing Director and Head of Underwriting, Credit and Bond, has been appointed Vice Chair of the Asia Committee of...
Posted: May 02, 2025
Ceto, a platform that provides predictive analytics for the maritime industry, has secured $4.8 million from its latest fundraising round to start its data- driven insurance product and support its ongoing global expansion. The round was led by Dy...
Posted: May 02, 2025
Florida domiciled Neptune Flood, a private flood insurance provider, has surpassed $300 million in premium in force, over 235,000 policyholders, and over $100 billion of insured value. These milestones underscores the firm’s commitment to th...
Posted: May 02, 2025
CRC Group, a wholesale specialty insurance distributor in North America, has acquired ARC Excess & Surplus, LLC (ARC), one of the country’s largest specialty wholesale insurance distributors, adding significant scale and capabilities to its gr...
Posted: May 02, 2025
Jim Williamson, CEO of Bermuda-based re/insurer Everest, said today that he expects the mid-year reinsurance renewals to be attractive, and that he doesn’t see property catastrophe reinsurance rates decreasing to a level that makes it a less...
Posted: May 01, 2025
Coalition, an active insurer focused on preventing digital risks through its subsidiary, Coalition Insurance Solutions, a filial of Coalition Insurance Solutions GmbH, Tyskland, has launched its Active Cyber Insurance in the Nordic region. The off...
Posted: May 01, 2025
Tokio Marine HCC International (TMHCCI), the London-based subsidiary of insurance group Tokio Marine HCC, has announced a leadership transition as Thibaud Hervy steps into the role of Chief Executive Officer (CEO), subject to regulatory approval....
Posted: May 01, 2025
Simon West, Director of Customer Engagement at Resilience, commented on the recent cyberattacks targeting Marks & Spencer (M&S) and Co-op, stressing that the incident is particularly concerning due to the attackers’ use of advanced t...
Posted: May 01, 2025
Bermuda-based re/insurers are expected to face gross claim losses nearing US$10 billion in payments to policyholders and cedants in the United States following the catastrophic January 2025 wildfires in Southern California. These fires, which have...
Posted: May 01, 2025
Paul Cooper, CFO of specialist insurer Hiscox, said today that the company’s strong level of return within London Market and Re & ILS is a reflection of the excellent rating environment over the past couple of years. Hiscox, a specialist...
Posted: May 01, 2025
US primary insurer Allstate has completed the placement of its 2025-2026 Nationwide Excess Catastrophe Reinsurance Program, lifting the top of the tower by around $1.6 billion to $9.5 billion of loss, excess a $1 billion retention. At this year...
Posted: May 01, 2025
WTW, an advisory, broking, and solutions firm, has launched Radar Vision, an AI-driven performance monitoring tool built specifically for insurers that provides early actionable insights for pricing, portfolio management, underwriting, and claims,...
Posted: May 01, 2025
Surendra Singupalli has joined Munich Re India as Head of Property Treaty Underwriting, bringing around 16 years of industry experience to the role. Singupalli has been with the reinsurer since 2016, having joined Munich Re Singapore as Senior Pro...
Posted: May 01, 2025
Talcott Financial Group, a life insurance provider specialising in risk solutions, has entered into a block reinsurance transaction of approximately $10 billion through its subsidiary, Talcott Resolution Life Insurance Company (Talcott Resolution)...
Posted: May 01, 2025
The Hanover Insurance Group has announced its financial results for the first quarter of 2025, reporting a net income of $128.2 million, catastrophe losses of $95.6 million, and a combined ratio of 94.1%. This year’s Q1 net income compares to the...
Posted: May 01, 2025
The Allstate Corporation, a publicly held personal lines insurers in the United States, reported first quarter 2025 financial results reflecting a solid underwriting result and disciplined risk management, even in the face of severe weather events...
Posted: May 01, 2025
Howden Re, the reinsurance division of borking group Howden, has announced the promotion of Cynthia Cui to Head of Asia-Pacific (APAC) Facultative Reinsurance at Howden Re International. In her new role, Cui will lead the continued expansion of Ho...
Posted: May 01, 2025