Reinsurance News
Markel Insurance, the insurance division of Markel Group Inc., has appointed Luna Bonifacio as Senior Claims Adjuster, its first claims role based in Dubai, effective immediately. In the new role, Bonifacio joins the Asia Claims team and will over...
Posted: Nov 04, 2025
Arch Global Services India, a wholly owned subsidiary of Arch Capital Group Ltd. has announced the opening of a new office in Trivandrum’s Technopark. Located in the Niagara building, the new offices are designed to encourage creativity and innova...
Posted: Nov 04, 2025
Fiducia, a Leeds-domiciled specialty insurance managing general agent (MGA), has appointed Graeme McFarlane as a new development underwriter to support brokers across Scotland and the north east of England. In his new role, Graeme will develop Fid...
Posted: Nov 04, 2025
The commercial property insurance market is experiencing continued softening, while casualty lines face broad uncertainty, The Baldwin Group’s recent Q3 2025 Market Pulse report has revealed. The report points at renewed competition, improving cap...
Posted: Nov 03, 2025
Acies MGU, a technology and data-driven Managing General Underwriter (MGU), has announced the launch of Subscribe MGA (Subscribe), its latest underwriting agency. Subscribe is a Lloyd’s-backed MGA specialising in financial lines insurance, includi...
Posted: Nov 03, 2025
Iprism, one of the UK’s largest independently-owned MGAs specialising in Construction, Property and Private Clients, has announced the appointment of Adrian Saunders as Non-Executive Chairman. Saunders first joined the Iprism board in April 2024 a...
Posted: Nov 03, 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has expanded its presence in Asia through a new partnership in the Philippines. The company has signed an agreement with Lacson & Lacson Insurance Brokers, Inc., an inde...
Posted: Nov 03, 2025
Insurer Core Specialty Insurance Holdings, Inc. and its subsidiaries have appointed Evan Cabat as Senior Vice President (SVP), Chief Financial Officer (CFO), effective immediately. Cabat brings nearly two decades of financial leadership to his rol...
Posted: Nov 03, 2025
Rokstone Construction Risk Underwriters (CRU), a US-based Speciality MGU and part of the global specialty reinsurance MGA Rokstone, has announced the launch of a new, comprehensive general liability (GL) program. The new GL program launches with A...
Posted: Nov 03, 2025
Arthur J. Gallagher Holdings (UK) Limited, part of the global insurance brokerage, risk management, and consulting group Gallagher, has announced the appointment of David Rush as an Independent Non-Executive Director. Rush brings almost 40 years o...
Posted: Nov 03, 2025
Chicago-based insurer CNA Financial Corporation has announced its financial results for the third quarter of 2025, reporting an increased net income of $403 million, 40% growth in core income and an improved Property & Casualty combined ratio...
Posted: Nov 03, 2025
The Extreme Event Solutions group at Verisk has estimated that industry insured losses to onshore property in Jamaica from Hurricane Melissa will likely range from $2.2 billion to $4.2 billion. The global data analytics and technology firm provide...
Posted: Nov 03, 2025
British insurer Aviva has announced the appointment of Richard Taylor as Head of Cyber & Tech E&O. Following Aviva’s acquisition of Probitas Holdings (Bermuda) Limited for a consideration of £249 million in July 2024, Taylor takes on a wid...
Posted: Nov 03, 2025
Berenberg analysts have suggested that the 2025 market softening stands apart from past soft cycles in its pace, discipline, starting point, and structural trends, potentially creating a more sustainable, risk-responsive environment, barring major...
Posted: Nov 03, 2025
Odyssey Reinsurance Company, the property and casualty reinsurance arm of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Randhir Bilkhu as Head of Artificial Intelligence (AI) Business Solutions. In...
Posted: Nov 03, 2025
Private equity firm Abry Partners announced that its portfolio company, Portfolio Holding, Inc., has entered into an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly o...
Posted: Nov 03, 2025
Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Limited (Fidelis Insurance Group) has announced the appointment of William Waddell-Dudley as UK Chief Underwriting Officer CUO. In his new role, Waddell-Dudley will work closely with t...
Posted: Nov 03, 2025
Trident Marine Managers, a Ryan Specialty Underwriting Managers company, will now serve as the exclusive underwriter for Aspen Insurance Company’s Marine Hull, Primary, and Excess Marine Liability business, following an expanded underwriting...
Posted: Nov 03, 2025
MAPFRE has reported that MAPFRE RE, which encompasses its Reinsurance and Global Risks businesses, posted a profit of €256 million for the first nine months of 2025, a 23.6% increase compared to the same period last year. Of the total profit figur...
Posted: Nov 03, 2025
The government of Jamaica is set to receive a record payout of USD 70.8 million (J$11.4 billion) following the passage of Hurricane Melissa, under the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) parametri...
Posted: Nov 03, 2025
Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Darsh Patel to lead Transaction Structuring and Reserving Analytics globally and Jack McGregor to lead Retrospective Reinsurance and Legacy Solutions for North America...
Posted: Nov 03, 2025
AM Best, the credit rating agency, reported that Canada’s life and annuity (L/A) insurers delivered strong results in 2024. The sector benefited from record growth in new annualised premiums, along with increased revenue from assets under manageme...
Posted: Nov 03, 2025
Global reinsurance brokerage Gallagher Re has launched an innovative framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region. This initiative aims to align the growing demand for cyber reinsurance in APAC...
Posted: Nov 03, 2025
Ebix, a provider of insurance and financial technology solutions, announced the introduction of ExposureHub to the US market. The platform offers real-time exposure visibility and portfolio analytics for property, casualty, and specialty insurers,...
Posted: Nov 03, 2025
A new study by the Insurance Information Institute (Triple-I), an organisation providing data and analysis on insurance issues, and the Casualty Actuarial Society (CAS), a professional group for actuaries specialising in property and casualty insu...
Posted: Nov 03, 2025