Reinsurance News
The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty market, with direct premiums written rising 16% year-over-year to an estimated $114.1 billion, a recent Conning study has revealed. Conning’s late...
Posted: Jul 11, 2025
Castle Harbour Insurance, a provider of specialty insurance services, has launched a transactional risk insurance brokerage focused on addressing complex deal-related risks. The new offering is designed to assist clients with structured solutions...
Posted: Jul 11, 2025
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, along with its carrier partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange, has closed the Gateway Re Series 2025-3 catastrophe bond at...
Posted: Jul 11, 2025
Businesses operating in the Middle East face a critical time, as rapidly evolving geopolitical and economic dynamics in the region demand an urgent evaluation of their risk strategies, Aon analysts have stated in a recent report. Businesses must t...
Posted: Jul 11, 2025
Arch Insurance North America has appointed Jeff Kaufmann to the newly created role of Executive Vice President (EVP), Head of Marine. He reports to Valerie Turpin, Chief Underwriting Officer, Property. In his new role, Kaufmann will be responsible...
Posted: Jul 11, 2025
Trinity Capital, an alternative asset manager, has committed $35 million in growth capital to INSHUR, a global provider of embedded insurance for the booming on-demand economy. This significant investment will accelerate INSHUR’s continued expansi...
Posted: Jul 11, 2025
Zurich Insurance, an insurer with a significant presence in Hong Kong, has named Jim Qin as CEO for its Life and General Insurance businesses in the region. In this expanded role, Qin will oversee both divisions, guiding Zurich’s growth and innova...
Posted: Jul 11, 2025
According to a new peer group credit analysis, sustained underwriting results and investment income made 2024 the second consecutive year of “very strong” property and casualty (P&C) financial performance in a prolonged favourable...
Posted: Jul 11, 2025
Given the low NFIP take-up rates across rural areas, Aon has noted that the recent deadly Texas flooding is not likely to be a major insured industry loss event, though total economic losses may still reach into the billions of USD. As widely repo...
Posted: Jul 11, 2025
Re/insurers in the London market remain confident in achieving their full-year targets, supported by rational pricing, improving capital allocation, and investments in AI and private markets — despite ongoing economic and geopolitical uncertainty,...
Posted: Jul 11, 2025
A new report from AXIS Capital Holdings Limited reveals that hail accounts for 55% of the total gross claims related to natural catastrophes and extreme weather for solar photovoltaics (PV) in the US and Canada. AXIS’s Global Energy team has...
Posted: Jul 11, 2025
The Board of the UK flood reinsurance scheme, Flood Re, has appointed Latinka Pilipovic as Chief Financial Officer (CFO) and Board member, effective August 1st, 2025, subject to regulatory approval. Simultaneously, Dan Byrne, the Chief Risk Office...
Posted: Jul 11, 2025
In a recent briefing hosted by AM Best, titled “Reinsurance: What Lies Ahead?”, industry leaders gathered to examine the state of the reinsurance market at mid-year 2025 and offer insights into how the rest of the year might unfold. The panel incl...
Posted: Jul 11, 2025
WTW, a global advisory, broking and solutions company, is expanding its Bermuda office with the appointment of Cédric Thibault as Director to its Insurance Consulting and Technology (ICT) business. Thibault joins WTW with two decades of experience...
Posted: Jul 11, 2025
Global insurer and reinsurer, Everest has announced the appointment of Mark Shaw as Chief Commercial Officer for its International Insurance Operation. Shaw will report to Adam Clifford and Jason Keen, Co-Leads of Everest Insurance International®,...
Posted: Jul 11, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched its High Net Worth (HNW) offering in the UK with the appointment of Benjamin Faerestrand as Household Underwriter. Based in London, Faerestrand will be reporting...
Posted: Jul 11, 2025
Allianz Commercial, an insurance and financial services provider, has announced two permanent leadership appointments within its UK commercial division. These changes, effective immediately, strengthen the company’s focus on delivering high-qualit...
Posted: Jul 11, 2025
Fitch has released its Peer Credit Analysis for Bermuda/US re/insurers, revealing that all companies maintained underwriting profitability in 2024, despite increases in combined ratios due to higher catastrophe losses. The peer group includes Arch...
Posted: Jul 10, 2025
Arch Insurance North America has appointed five of its well-established executives to the newly created roles of Division Presidents, effective August 1st, 2025. Linda Fallon has been named Division President of Consumer Business, which includes t...
Posted: Jul 10, 2025
Insuramore, a provider of market intelligence for the insurance industry, has released its latest findings on the size and structure of the global managing general agent (MGA), managing general underwriter (MGU), and coverholder market. According...
Posted: Jul 10, 2025
Roamly, a digital insurance technology and solutions provider, has been appointed as a Lloyd’s Coverholder. With this approval, Roamly will be able to underwrite and insure customers directly on Lloyd’s balance sheet, along with being backed by th...
Posted: Jul 10, 2025
In a recent op-ed in the Wall Street Journal, Chubb’s CEO Evan Greenberg and Marsh McLennan’s CEO John Doyle highlight the urgent need for litigation reform, particularly third party litigation funding. The piece argues that this funding mechanism...
Posted: Jul 10, 2025
Crawford & Company, an independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has released its latest Large Loss Claims Review and Outlook. The report provides insights from Crawford’s global o...
Posted: Jul 10, 2025
Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns. The feature was developed following Supercede’s involvement in Cohort 14 of the Ll...
Posted: Jul 10, 2025
Global advisory, broking and solutions company WTW, has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business, a London-based role. In his new role, Finkelstein will leverage his...
Posted: Jul 10, 2025