Reinsurance News

AIG appoints Tom Horn as CFO, EMEA

8th October 2025

Global insurer American International Group, Inc. (AIG) has announced the appointment of Tom Horn as Chief Financial Officer (CFO), EMEA. Horn succeeds Roberto Nard, who will retire from AIG at the end of 2025 after 36 years in the industry, including more than five years in this role. Horn has spent over ... Read the full article

HSB to protect small businesses with new cyber insurance & incident response solution

7th October 2025

HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB ... Read the full article

Nick Clay to lead Chubb’s Renewable Energy & Alternative Fuels Industry Practice

7th October 2025

Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternative Fuel (REAF) Industry Practice Lead for UK & Ireland. Clay will lead Chubb’s new Renewable Energy & Alternative Fuels Industry Practice, which provides multi-line insurance solutions for both the construction and operational phases of renewable energy ... Read the full article

Ransomware attacks to surge 40% by 2026 amid AI and cloud vulnerabilities: QBE

7th October 2025

Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named victims expected to rise by 40% by the end of 2026, a new QBE report warns. The report, titled Cloud cover: forecasting digital disruption in a cybercrime climate, and compiled by Control Risk, forecasts a ... Read the full article

O’Donnell joins Howden US as Practice Head of Logistics

7th October 2025

Global insurance broking group Howden has appointed Tom O’Donnell as Practice Head of Logistics, Howden US. O’Donnell, who holds over 25 years of experience, joins Howden from Aon, where he has held leadership roles since 2016, most recently as Logistics Practice Leader – Global. Before this, he was a Senior Director, Head ... Read the full article

Fortegra secures box in Lloyd’s underwriting room

7th October 2025

Fortegra Group, a global specialty insurer and subsidiary of Tiptree Inc., has secured a box in the underwriting room at Lloyd’s. Fortegra will operate from Box 388 on the third gallery in the Lloyd's underwriting room, effective immediately. This marks a major milestone in the company’s strategic commitment to the London insurance ... Read the full article

CFC appoints John Keebler and Morgan Justice to US cyber team

7th October 2025

CFC, a specialist insurance provider focused on emerging risks and cyber, has established a new US-based cyber development team and expanded its regional presence with the appointments of John Keebler and Morgan Justice. CFC has named Keebler as its new National Cyber Development Leader. Based in Chicago, he will work closely ... Read the full article

Australia sees 25% decrease in nat cat insured losses in 2024-25: ICA

7th October 2025

Over the 12 months to 30 June 2025, Australia saw a 25% decrease in total insurance losses from natural catastrophe events, falling from $2.61 billion in 2023–24 to $1.97 billion in 2024–25, according to the Insurance Council of Australia (ICA). Data from the ICA’s latest report shows a notable reduction in ... Read the full article

Coalition Re unveils new early detection system for potential cyber exposures

7th October 2025

Coalition Re, the standalone cyber reinsurance intermediary of Coalition, has announced its Live Event Response offering, a new reporting capability that alerts cedants when policyholders may be exposed to an unfolding cyber event, such as a zero-day vulnerability. Diana Liu, Coalition Re’s Head of Underwriting, commented, “Most recently, we notified our ... Read the full article

DXC launches AI-powered SaaS solution for small and mid-sized insurance brokers

7th October 2025

DXC Technology, a global technology services provider, has launched Assure Broking Essentials, a new AI-powered, multi-tenant SaaS solution, designed to help small and mid-sized insurance brokers. This new platform aims to address the challenges of a rapidly evolving insurance industry, where brokers face mounting pressure to digitize, meet rising customer expectations, ... Read the full article

Rokstone expands Singapore marine operation with Seah and Hui Ling appointments

7th October 2025

Rokstone, an international specialty re/insurance MGA, has expanded its Asia Pacific marine operation in Singapore with the appointment of two highly experienced senior underwriters: Sharon Seah and Hui Ling Long. With over 35 years of experience, Sharon Seah is joining Rokstone as Director, Senior Underwriter, Marine. An expert in marine underwriting ... Read the full article

Lockton advises Marinus Link on Financial Close for subsea interconnector project

7th October 2025

Lockton, an independent insurance broker, has advised Marinus Link Pty Ltd (MLPL) in reaching Financial Close on its landmark subsea interconnector between Tasmania and mainland Australia. Marinus Link is a proposed undersea and underground electricity and data interconnector between North West Tasmania and the Latrobe Valley in Victoria. MLPL, jointly owned ... Read the full article

Bishop Street Underwriters acquires London-based MGA Avid

7th October 2025

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Avid Insurance, a niche multi-disciplined managing general agent (MGA) based in London. This acquisition, closed on October 3, 2025, with all requisite regulatory approvals, marks the latest step in Bishop Street’s ongoing strategic expansion, following the acquisitions of Landmark ... Read the full article

Carrow Insurance launches new A&H products for UK employers

7th October 2025

Carrow Insurance, a specialist MGA, has introduced a new range of Accident & Health (A&H) products in the UK, tailored for corporate and affinity businesses. Supported by Mission, Carrow is offering brokers new capacity, responsive underwriting, and products designed to meet the evolving needs of employers across the UK and EU. Carrow’s ... Read the full article

Davies launches new agentic AI features to its ClaimPilot product suite

7th October 2025

Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has developed and is deployed two new AI-agents that will assist casualty claims handlers and adjusters, freeing up ... Read the full article