Reinsurance News
Neptune Insurance seeks up to $423.7m in IPO
22nd September 2025
Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million. Selling securityholders are offering 18,421,053 shares at an expected price range of $18 to $20 per share. They also intend to grant underwriters a 30-day option to purchase up ... Read the full article
No real concern for property cat rate declines ahead of 1/1: Peel Hunt
22nd September 2025
Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Monte Carlo Rendezvous, reinsurance carriers offered “very little” pushback to brokers’ ... Read the full article
SanlamAllianz Re selects Tobias Suek as new CEO
22nd September 2025
SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Suek, who replaces Ilyes Hassib, joined Allianz in 2007 and has held several senior roles, most recently serving as Head of Global Lines at Allianz Re. In ... Read the full article
Placing Platform Limited fully integrates digital contract functionality
22nd September 2025
Placing Platform Limited (PPL), a provider of insurance placement technology, has introduced a new edition of its digital contract system, developed by Artificial. This release marks the full integration of digital contract functionality within PPL’s placing platform. The upgraded system is expected to reduce contract creation time by 50% and cut the ... Read the full article
RSA names Brown VP, Change & Technology Delivery for UK Specialty Lines business
22nd September 2025
RSA, a multinational personal and commercial insurer operating across Europe and an Intact company, has announced the appointment of Beccy Brown as Vice President, Change & Technology Delivery for its UK Specialty Lines business. Brown, who will report to UK&I CIO Ollie Holden, has been tasked with leading all CIO change ... Read the full article
Lockton Re adopts CyberCube’s Exposure Manager
22nd September 2025
Lockton Re, the reinsurance arm of the privately held independent insurance broker, has adopted CyberCube’s newly launched product, Exposure Manager (XM). The company is the first reinsurance broker to adopt the product, which aims to "revolutionise the way re/insurers assess risk and evaluate the health of cyber portfolios." Earlier this month, ... Read the full article
Synthetik appoints Harris as Global Head of Partnerships and Distribution
22nd September 2025
Synthetik, a developer of advanced computational modelling and AI-powered solutions for the re/insurance industry, has announced the appointment of Matt Harris as Global Head of Partnerships and Distribution. Harris brings a wealth of experience in the insurance industry, with a strong background in driving sustainable growth. Through his career, he has held ... Read the full article
PERILS places final industry loss estimate for 2024 Central Europe floods at €2.15bn
22nd September 2025
Zurich-based catastrophe insurance data provider PERILS has released its fourth and final insurance industry loss estimate for the floods that struck Central Europe and Italy between September 14 and 20, 2024, totalling €2.153 billion. The final figure compares with PERILS’ earlier loss estimates of €2.192 billion, €2.080 billion, and ... Read the full article
Ardonagh Europe to acquire French broker Groupe Leader Insurance
22nd September 2025
Dublin-domiciled Ardonagh Europe, part of The Ardonagh Group, a large independent insurance distribution platform, has agreed to acquire Groupe Leader Insurance (GLI), a French wholesale and multi-specialist broker. GLI was founded in 2003 by entrepreneur Yoann Chery and has built a strong reputation as a French leader in specialist insurance, initially ... Read the full article
Onex Partners to acquire Integrated Specialty Coverages from KKR
22nd September 2025
Onex Partners, a private equity platform, will acquire Integrated Specialty Coverages (ISC), a tech-enabled insurance platform that designs, underwrites, and distributes insurance solutions, from KKR. Since KKR's initial investment in 2021, ISC has significantly scaled its business through targeted investments in technology and data, expansion of its specialty retail and wholesale ... Read the full article
Accredited names Marco P. Hensemberger as Head of Business Development
22nd September 2025
Program manager Accredited has announced the appointment of Marco P. Hensemberger as Head of Business Development and Italian Branch Manager for the UK and Europe. In this role, Hensemberger will report to Laure Kearns, UK Chief Underwriting Officer at Accredited. He brings more than three decades of re/insurance experience in Italy and ... Read the full article
Vortex launches parametric snow insurance
22nd September 2025
Vortex Weather Insurance has announced the launch of a parametric snow insurance aimed to protect companies against financial loss if a winter has too much or too little snow. The company’s snow risk policies are now available directly through Vortex. Previously, these were only available through Vortex's parent company MSI GuaranteedWeather. "We ... Read the full article
Arch Insurance (EU) adds Richard as Head of Casualty & du Parc Locmaria as Senior Casualty Underwriter for France
22nd September 2025
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Patrick Richard as Head of Casualty and Virginie du Parc Locmaria as a Senior Casualty Underwriter, for the French market, effective September 15th, 2025. The pair join Arch Insurance (EU) dac (AIEU), which provides specialist property and casualty insurance ... Read the full article
Three-year downward trend in property claims continued in Q2’25: Verisk
19th September 2025
The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report. Verisk attributed the decline in claim volume to non-CAT claims, which dropped 16.8%. ... Read the full article
ACORD study identifies strategies behind top-performing US specialty commercial insurers
19th September 2025
ACORD, a nonprofit organisation that develops standards for the insurance industry, has released a new study titled US Specialty Commercial Insurance Market: The Keys to High Performance, which finds that 65% of Excess & Surplus (E&S) writers and 84% of admitted specialty insurers included in the study achieved superior performance. The ... Read the full article
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