Reinsurance News

Insurers and asset managers strengthen cybersecurity oversight and expand budgets: Moody’s

9th October 2025

A survey conducted by Moody’s, the credit rating, research, and risk analysis firm, finds that cybersecurity remains a high priority for insurers and asset managers worldwide. The survey, which included responses from 102 companies across both sectors, indicates that organisations are adopting a multi-layered approach to cyber defence, with boards of ... Read the full article

AM Best maintains stable outlook on Indonesia’s non-life insurance market

9th October 2025

AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient growth prospects, ongoing regulatory improvements, and strong investment returns. The rating agency expects continued expansion in Indonesia’s non-life market, supported by infrastructure development, solid household consumption, and sustained government spending — all of which should drive higher ... Read the full article

LSM names Nelson active underwriter of Syndicate 4472

9th October 2025

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Henry Nelson as active underwriter, subject to regulatory approval. Nelson is taking on additional responsibilities as chief underwriting officer (CUO) for the UK & MENA region, collaborating with current active underwriter Jane Warren, who is set ... Read the full article

Sapiens’ AdvantageGo launches Underwriting Workbench 3.0

9th October 2025

AdvantageGo, a commercial re/insurance provider part of Sapiens International Corporation, has launched a new version of its Underwriting Workbench, which is expected to strengthen the company's presence in property & casualty (P&C) markets in EMEA and North America. Version 3.0 transforms the workbench from traditional pre-bind underwriting software into a comprehensive, ... Read the full article

Alternative risk transfer methods present opportunity to manage property volatility: Aon

9th October 2025

Organisations facing increasing property program volatility can benefit from alternative risk transfer strategies, unlocking access to strategic sources of capital and supporting long-term program stability, according to Aon. The long-term view of property risk is increasingly volatile and complex. Risk buyers are currently navigating two opposing dynamics in the global property ... Read the full article

AIG promotes Akash Lakhani to Head of Marine, GCC & NA

9th October 2025

Global insurer American International Group, Inc. (AIG) has announced the promotion of Akash Lakhani to Head of Marine, GCC & North Africa (NA). In his new role, Lakhani will lead AIG’s marine operations across the GCC and NA, focusing on underwriting excellence and delivering long-term value to clients and partners. He brings ... Read the full article

KatRisk launches Perilfinder in North America to improve property risk decisions

9th October 2025

KatRisk, a catastrophic risk modelling software provider, has announced the launch of Perilfinder™, its property risk management platform, in North America. Perilfinder delivers instant, property-level risk intelligence through a single platform. Built with input from underwriters, portfolio managers, and risk managers, it provides fast, flexible, and reliable insights to help teams ... Read the full article

Munich Re Specialty expands presence in German primary specialty insurance market

9th October 2025

Munich Re Specialty has been granted regulatory approval to offer commercial solutions in the German primary specialty insurance market, marking the next stage of its European footprint strategy following the launch of operations in Spain on April 1. The new offering in Germany will initially include Construction & Engineering, Property and ... Read the full article

Willis strengthens risk analytics capabilities through expanded partnership with Zywave

9th October 2025

Willis, a WTW business, has announced an expansion of its long-standing partnership with Zywave, an insurtech provider, through the integration of Zywave’s Benchmark API into Willis’ Risk IQ analytics suite. This development enhances Willis’ ability to deliver more sophisticated insights and advisory services to clients across the globe. The Risk IQ platform ... Read the full article

SRG launches new team to serve global clients & brokers with UK subsidiaries

9th October 2025

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the formation of a new international team dedicated to serving the insurance needs of UK subsidiaries of overseas corporates. This initiative will provide global clients and brokers with a dedicated, expert access to the London Market ... Read the full article

Private flood market ready and better prepared to manage risks: Neptune Flood

9th October 2025

A new report from Neptune Flood has suggested that the National Flood Insurance Program (NFIP) continues to assume risks the private market is “ready and better prepared” to handle, with roughly 95% of new policyholders eligible for private coverage. "For more than 50 years, the private insurance industry was unable to ... Read the full article

Westfield Specialty Intl. appoints Andrew Richardson as Head of Open Market Property

9th October 2025

Westfield Specialty International, the London-based specialty insurance arm of Westfield, has announced the appointment of Andrew Richardson as Head of Open Market Property. In his new role, Richardson will be based in London and report directly to Richard Wood, Head of Property at Westfield Specialty International. He brings over three decades of ... Read the full article

Re/insurance is at the heart of Sustainable Development Goals: GIC Re’s Hitesh Joshi

9th October 2025

Delivering a keynote speech at the 29th Federation of the Afro-Asian Insurers & Reinsurers (FAIR) General Assembly in Mumbai, India, earlier this week, Hitesh R. Joshi, Executive Director at Indian reinsurance company GIC Re, said that re/insurance is key to the UN's Sustainable Development Goals (SDGs) as he underlined the ... Read the full article

SI Re names Studer as Underwriting Manager and Dal Moro as Head of Pricing

9th October 2025

Swiss reinsurer SIGNAL IDUNA Rückversicherungs AG (SI Re) is strengthening its presence in the Spanish, Portuguese, and German markets with the appointment of Maximilian Studer as Underwriting Manager and Eric Dal Moro as Head of Pricing. Studer, who joined SI Re as Underwriting Manager in September, will take over responsibility for ... Read the full article

Keogh and Mulshine to serve as Co-Presidents of Ryan Specialty

9th October 2025

Ryan Specialty Holdings, Inc., an international specialty insurance firm, has expanded the roles of Steve Keogh and Brendan Mulshine to include serving as Co-Presidents of Ryan Specialty. Currently, Keogh is the Chief Operating Officer, while Mulshine is the Chief Revenue Officer. In the expanded roles, the pair will report to Tim ... Read the full article