Reinsurance News

Artemis webinar: Cat bond and ILS market conditions at mid-year 2025

Our insurance-linked securities (ILS) focused sister publication, Artemis, has partnered with Computershare to host a live webinar during which speakers will discuss catastrophe bond and ILS market conditions at mid-year 2025. Registration is open...

Posted: Apr 16, 2025

Specialty MGA Africa & Middle East appoints two senior underwriters

Specialty MGA Africa & Middle East, a provider of tailored insurance and reinsurance solutions and part of MNK Group, has announced the appointment of two senior underwriters as it expands its team in Casablanca. Headquartered in London and le...

Posted: Apr 16, 2025

Parametric risk pools secure €4.7m grant to enhance climate resilience collaboration

Four Regional Risk Pools have signed a joint grant agreement with the Global Shield Solutions Platform (GSSP) for €4.7 million to put shared commitments into action. Signed by the African Risk Capacity Limited (ARC Ltd.), CCRIF SPC (the Catastroph...

Posted: Apr 16, 2025

Miller strengthens Delegated Authorities offering with new European team

Miller, a specialist re/insurance broker, has expanded its Delegated Authorities proposition with the creation of a dedicated European team. Leading the new team is Laurie Gaitskell, appointed as Head of European Delegated Authorities. He is joine...

Posted: Apr 16, 2025

Compre acquires Covéa’s US subsidiary CSE Group

Bermuda-domiciled global specialty reinsurer Compre Group Holdings Limited (Compre) has announced the completion of its acquisition of the CSE Group, a US subsidiary of Covéa. The CSE Group includes two California-domiciled personal lines insuranc...

Posted: Apr 16, 2025

FERMA begins succession plan as CEO Beaupérin to step down

The Federation of European Risk Management Associations (FERMA) has announced that its Chief Executive Officer (CEO) and Secretary General, Typhaine Beaupérin, will step down from the roles in June after serving over nine years at the firm. Beaupé...

Posted: Apr 16, 2025

Richard Roberts joins Pool Re as Chief Finance and Investment Officer

Great Britain’s government-backed terrorism reinsurer Pool Re has appointed Richard Roberts to the newly created role of Chief Finance and Investment Officer, subject to regulatory approval. Roberts is a seasoned executive, having most recently he...

Posted: Apr 16, 2025

Reinsurance industry sees investment yield climb to 4.4% in 2024: Gallagher Re

Gallagher Re, a reinsurance and risk management firm, has released its full-year 2024 Reinsurance Market Report, highlighting an improvement in investment yield for reinsurance companies. According to the report, the total investment yield rose to...

Posted: Apr 16, 2025

Euler ILS Partners names Alexander Loosley as Head of Capital Formation

Euler ILS Partners, a Swiss-based alternative asset manager specialising in insurance-linked strategies (ILS), has appointed Alexander Loosley to its Executive Board as the new Head of Capital Formation, pending approval. Loosley brings over 30 ye...

Posted: Apr 16, 2025

Insurers navigate risk of two-thirds weight regain with GLP-1 medications: Swiss Re

Insurance companies face a growing challenge as they adapt to the rise of GLP-1 receptor agonists, such as Ozempic and Wegovy, which have proven effective in managing weight and improving obesity-related health conditions. Swiss Re, a provider of...

Posted: Apr 16, 2025

NSM completes sale of US commercial insurance division to New Mountain

NSM Insurance Group, a global specialty insurance provider, has completed the previously announced sale of its US commercial insurance division to New Mountain Capital, a growth-oriented investment firm. The definitive agreement for the sale was f...

Posted: Apr 15, 2025

Lockton names Devin Beresheim as US Risk Solutions Leader to drive expansion

Lockton, a privately owned independent insurance brokerage, has announced the appointment of Devin Beresheim as US Risk Solutions Leader. In this newly created role, Beresheim will oversee both the Property & Casualty and Professional and Exec...

Posted: Apr 15, 2025

SiriusPoint and Ryan Specialty’s ISA to provide new casualty and excess solution

Bermuda-domiciled insurer and reinsurer SiriusPoint has strategically collaborated with New York-based human and social service managing general underwriter (MGU), Irwin Siegel Agency (ISA), part of the Ryan Specialty family, to launch a new casua...

Posted: Apr 15, 2025

Vantage appoints Natalie Yuen as West Region Distribution Leader

Vantage Group Holdings Ltd., a provider of insurance and reinsurance solutions, has announced the appointment of Natalie Yuen as Vice President, West Region Distribution Leader. In her new role, Yuen will lead the implementation of Vantage’s U.S....

Posted: Apr 15, 2025

BHSI names new leaders to drive growth in E&P Lines

Berkshire Hathaway Specialty Insurance (BHSI) has announced the promotion of two US Executive & Professional (E&P) lines leaders. Based in Chicago, Shelley Norman has been appointed US E&P Lines Field Leader, and will be working with a...

Posted: Apr 15, 2025

Optalitix joins forces with SortSpoke to enhance underwriting efficiency

Optalitix, a technology company specialising in data analytics and automation for the insurance industry, has announced a new partnership with SortSpoke, an AI-powered document processing platform. This collaboration enables underwriters to extrac...

Posted: Apr 15, 2025

Resilience promotes Maria Long to Chief Underwriting Officer

Cyber risk company Resilience has announced the appointment of a new Chief Underwriting Officer, Maria Long, whose deep experience in cyber will help to accelerate the company’s growth. Long will report directly to George Kotsiopoulos, president o...

Posted: Apr 15, 2025

Reinsurers see strong revenue growth and improved CoRs in 2024: Gallagher Re

At 8.1%, revenue growth in the reinsurance market remained strong in 2024, a slight increase compared to the 7.6% seen in 2023, according to reinsurance broker Gallagher Re. According to the broker’s full-year 2024 reinsurance market report, which...

Posted: Apr 15, 2025

SCOR backs TOWT’s shipping project to support the energy transition

SCOR’s large corporate risk insurance arm, SCOR Business Solutions, is supporting a new maritime transport project by TransOceanic Wind Transport (TOWT) aimed at decarbonizing global shipping. Alongside AXA XL Insurance, SCOR Business Soluti...

Posted: Apr 15, 2025

Howden Re hires Paul Ogni as Director of Operational Solutions

Howden Re, the reinsurance division of Howden, continues to expand its Capital & Operational Solutions Practice with several strategic appointments over the past year, most recently naming Paul Ogni as Director – Operational Solutions. In this...

Posted: Apr 15, 2025

Africa Re posts strong underwriting result with CoR of 90.89% in 2024

The African Reinsurance Corporation (Africa Re) reported an improved net combined ratio of 90.89% for the 2024 financial year, down from 93.51% in 2023, alongside a net underwriting profit of $87.34 million, up 59.37% from $54.81 million the year...

Posted: Apr 15, 2025

Acrisure Re strengthens Bermuda presence with Romeo and Gordon appointments

Acrisure Re, the re/insurance division of Acrisure, has announced the appointment of Roman Romeo as President, Head of Acrisure Re Bermuda, effective April 7. Based in Bermuda and reporting directly to Michael Cross, President, Acrisure Re North A...

Posted: Apr 15, 2025

Acrisure Re strengthens Bermuda presence with Romeo and Gordon

Acrisure Re, the re/insurance division of Acrisure, has announced the appointment of Roman Romeo as President, Head of Acrisure Re Bermuda, effective April 7. Based in Bermuda and reporting directly to Michael Cross, President, Acrisure Re North A...

Posted: Apr 15, 2025

Tariff-driven market swings could undermine insurer capital bases: AM Best

Despite a current 90-day reprieve, the recent stock and bond market volatility stemming from U.S. tariff changes could pressure insurers’ balance sheets going forward, causing unrealised losses in equity portfolios and diminished capital bases, ac...

Posted: Apr 15, 2025

Westfield Specialty International expands reinsurance team with new appointment

Westfield Specialty International, a provider of specialty insurance and reinsurance solutions, has expanded its reinsurance division with the appointment of Chris Gray as Divisional Director. Based in London, Gray will report directly to Jeremy S...

Posted: Apr 15, 2025