Reinsurance News
Helios reports H1’25 profit of £4.4m as strong Lloyd’s market performance continues
29th September 2025
Helios Underwriting has reported a profit before tax of £4.4 million for the first half of 2025, as the Lloyd’s market continues to deliver strong performance and the outlook for 2026 remains positive. The firm said reduced expenses and the impact of foreign exchange movements on debt revaluation drove its H1 ... Read the full article
Alta Signa adds Cédric Denysiak as Country Manager for France
29th September 2025
Alta Signa, a European boutique managing general agent (MGA), has appointed Cédric Denysiak as the Country Manager for France to drive specialty growth, effective October 1st, 2025. The appointment aligns with Alta Signa’s sustainable growth ambitions across specialty lines in one of Europe’s most dynamic markets. Denysiak has over two decades of ... Read the full article
Kennedys welcomes Brazilian law firm RPZ Advogados to its Latin America network
29th September 2025
Global law firm Kennedys is growing its presence in Latin America with a new association with RPZ Advogados, a recognized Brazilian law firm with a focus in insurance and reinsurance. Led by Michael Hennessy, this new association marks a significant step in the firm's regional growth. It also strengthens Kennedys' foothold ... Read the full article
Marsh McLennan’s Chris Lay to succeed Sean McGovern as LMG Chair
29th September 2025
Chris Lay, Chief Executive Officer of Marsh McLennan UK, will become the next Chair of the London Market Group (LMG), succeeding Sean McGovern, Chief Executive of AXA XL Lloyd’s and London Market. McLennan will take over his new position on January 1st, 2026, following McGovern’s departure in December, as he concludes ... Read the full article
Genpact’s new AI-powered suite to help automate repetitive tasks for insurers
29th September 2025
Genpact, an agentic and advanced technology solutions company, has announced the launch of the Genpact Insurance Policy Suite for commercial and specialty business insurance, a new solution created to reinvent insurance buying. Part of Genpact's Service-as-Agentic-Solutions™ portfolio, it offers autonomous, AI-powered workflows to help insurers remove repetitive administrative tasks, shorten cycle ... Read the full article
MSIG USA Board selects Martin J. Sullivan as Chairman
29th September 2025
MSIG USA, a provider of specialty commercial insurance, has announced the appointment of global insurance industry leader Martin J. Sullivan as Chairman of the Board, marking a new phase in the company's growth strategy. With a career spanning over five decades, Sullivan brings a wealth of experience from some of the ... Read the full article
There are challenges, but reinsurance conditions remain favourable: Lockton
26th September 2025
The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, according to report from broking group Lockton. It's no secret that property reinsurance rates ... Read the full article
Aon strengthens commercial risk sales in India with new Regional Heads
26th September 2025
Aon has announced the appointments of Raghav Arora, Prasanna Kumar, and Preeti D'Silva to its commercial risk sales division in India. Raghav Arora has been named Regional Head, Commercial Risk Sales - North, and Head, Asia Global Solutions at Aon India. Arora brings over 21 years of experience in institutional business development, ... Read the full article
Ardian becomes lead shareholder in Diot-Siaci
26th September 2025
The Diot-Siaci Group, a specialist insurance and reinsurance broker and consulting group, has announced a major ownership restructuring, with Ardian, a private investment firm as lead financial shareholder. Following exclusive negotiations, both companies have signed a definitive agreement regarding the Group's new ownership structure. The transaction will see Ardian significantly increase its ... Read the full article
US commercial auto insurance losses continue to mount: AM Best
26th September 2025
The overall property and casualty (P&C) industry continues to be negatively impacted by the US commercial auto insurance sector, having accumulated over $10 billion in net underwriting losses in the last two years, according to a new AM Best report. For the 14th consecutive year, the commercial auto insurance sector has ... Read the full article
Gaspero to lead Chubb’s National Account Segment of Major Accounts Excess Casualty
26th September 2025
Chubb, a global insurer, has announced the appointment of Joe Gaspero as Senior Vice President, National Account Segment Leader of Major Accounts Excess Casualty, effective immediately. In his new role, Gaspero will oversee the growth and development of Chubb's National Account portfolio for Excess Casualty business in the United States. He will ... Read the full article
Florida’s property re/insurance market rebounds following tort reform: Gallagher Re
26th September 2025
Gallagher Re, a global reinsurance brokerage and risk advisory firm, reports that Florida’s property insurance market is experiencing a significant resurgence, driven largely by recent tort reforms that have restored confidence among carriers, reinsurers, and capital providers. According to Gallagher Re’s analysis, the most tangible sign of this recovery was the ... Read the full article
Super Typhoon Ragasa insured losses may exceed tens of millions USD: Aon
26th September 2025
In the last week of September, Southeast Asia and China were struck by Super Typhoon Ragasa, with economic losses expected to reach hundreds of millions of USD and insured losses potentially exceeding tens of millions, according to Aon’s Weekly Cat Report. Ragasa formed as a tropical low-pressure system in the Philippine ... Read the full article
Amynta Group to acquire surety broker, International Sureties
26th September 2025
Amynta Group, an insurance services provider, has entered into a definitive agreement to acquire New Orleans-domiciled, commercial surety brokers Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively known as International Sureties. The transaction is expected to close in the fourth quarter of 2025 and is subject to regulatory ... Read the full article
Enact enters into 34% quota share reinsurance agreement
26th September 2025
Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers, subject to certain conditions. Under the agreement, Enact will cede approximately 34% of a portion of expected new insurance written for ... Read the full article
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