Reinsurance News
Aon expands Transition Performance Index to support insurers’ underwriting decisions
24th September 2025
Aon, the global insurance and reinsurance broker, has expanded its transition analytics offering with the launch of the TPI Portfolio, an enhancement to its existing Transition Performance Index (TPI). The broker explains that this expanded capability aims to help insurers assess their risk appetite and make more efficient underwriting decisions. It ... Read the full article
Cédric Wells to lead Sompo Claims, Insurance for Continental Europe
24th September 2025
Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Cédric Wells as Head of Claims, Insurance, Continental Europe, effective immediately. In his new role, Wells will leverage his 25 years of industry experience to lead claims relationships and strategy for the firm’s Continental Europe region. He ... Read the full article
CFC’s new hire Stoloff to enhance underwriting offering in Asia Pacific
24th September 2025
CFC, a specialist insurance provider, has announced the appointment of Danton Stoloff as Senior Underwriter for transaction liability in Australia. Based in Sydney, Stoloff will be responsible for expanding CFC’s transaction liability offering across Australia, New Zealand and Asia. "Danton joins the team at an exciting time of growth as we continue ... Read the full article
Howden urges cyber premium pool growth in softening market cycle
24th September 2025
A new report from Howden has underlined the urgent need for scaled cyber risk transfer in Europe, where increasingly complex and costly threats collide with low insurance uptake, while also highlighting the strong return on investment from effective risk management and cyber insurance. This comes as part of the global insurance ... Read the full article
AM Best warns of heavy strain on Nepal’s insurance industry after Kathmandu riots
24th September 2025
Credit rating agency AM Best has warned that Nepal’s non-life insurance market could face serious financial stress following recent riots in Kathmandu. The agency notes that even moderate claims can weigh heavily on the small-sized industry, which has limited capacity to absorb large shocks. The protests, widely labeled the “Gen Z” movement, ... Read the full article
Tower lifts cat cover to NZ$915m as CEO cites risk-based pricing advantage
24th September 2025
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal secured comprehensive cover at competitive rates across its home, motor, boat, and commercial portfolios ... Read the full article
Royal London completes £61m BPA with Stora Enso UK Group Pension Scheme
24th September 2025
Royal London, a UK provider of mutual life, pensions and investment, has completed a £61 million bulk purchase annuity (BPA) transaction with the Stora Enso UK Group Pension Scheme, securing the benefits of 758 members. The latest buy-in marks the first transaction completed with Quantum Advisory – and means Royal London ... Read the full article
Tokio Marine Kiln introduces enhanced Cyber Ctrl insurance suite
24th September 2025
Tokio Marine Kiln (TMK), a specialist insurer, has launched an updated version of its Cyber Ctrl product suite. The new offering includes expanded products and revised wordings, such as the new Professional Ctrl policy for Technology, Media, and Errors & Omissions (E&O), along with improvements to TMK’s existing Cyber Ctrl coverage. The ... Read the full article
John Gorman to serve as Head of Facultative and Facilities at Ryan Re
24th September 2025
Ryan Specialty, an international specialty insurance firm, has appointed John "JJ" Gorman as Head of Facultative and Facilities for Ryan Re Underwriting Managers (Ryan Re), effective October 1st, 2025. Ryan Re is the insurer's managing general underwriter focused on property and casualty reinsurance. Driven by the flow of business from the Read the full article
GreenieRE Coalition & Trellis Climate launch Vensurety for climate companies
24th September 2025
GreenieRE Coalition, a reinsurer focused on insurance innovation for the energy transition, and Trellis Climate, an impact-first, catalytic capital program investing in early climate infrastructure projects, have launched Vensurety, an impact-first, tech-expert insurance platform for climate companies. Vensurety, short for “Venture Surety,” is supported by anchor funding from the Schmidt Family ... Read the full article
SRG names Sasa Brcerevic as Group Chief Commercial Officer
24th September 2025
Specialist Risk Group (SRG), a specialist insurance group, has announced the appointment of Sasa Brcerevic as its first Group Chief Commercial Officer, effective 1 November 2025. Brcerevic brings a broad and varied background across the insurance and commercial sectors. He has held positions as a technologist, management consultant, Chief Operating Officer, and ... Read the full article
US P&C insurers boost profitability in H1’25 despite cat losses: Moody’s
23rd September 2025
Moody’s Ratings, the credit rating agency and research firm, reported that US property and casualty insurers delivered stronger profitability in the first half of 2025, even as California wildfires in the first quarter drove substantial catastrophe losses. According to Moody’s, a representative sample of 20 rated insurers posted net income of ... Read the full article
Lloyd’s sees rising standards and cautious expansion amid competitive pressure: TD Cowen
23rd September 2025
TD Cowen, an investment bank and financial services firm, recently hosted a field trip to London with senior management from Arch Capital (ACGL), Ascot, Canopius, Everest Group (EG), Hiscox, Howden Re, Inigo, Intact, Lancashire, and Sirius Point. During the trip, TD Cowen gathered insights on current conditions at Lloyd’s, highlighting trends ... Read the full article
HDI Global USA names Bruce Griffin as Head of Casualty
23rd September 2025
HDI Global Insurance Company (HGIC), the US arm of international Corporate & Specialty insurer HDI Global (HDI), has appointed Bruce Griffin as Head of Casualty. Griffin brings over 30 years of underwriting and leadership experience. Most recently, he was Chief Underwriting Officer for US Casualty at Everest Insurance, where he played ... Read the full article
Florida’s Praxis Reciprocal Exchange obtains OIR license
23rd September 2025
A newly established Florida domiciled property insurer, Praxis Reciprocal Exchange (PRE), has received its certificate of authority from the Florida Office of Insurance Regulation (OIR). PRE will operate as a reciprocal insurer, owned by its policyholders and managed by Pre Risk Management, LLC as its Attorney-in-Fact. With licences secured, the carrier ... Read the full article
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