Reinsurance News

The Fidelis Partnership’s Pine Walk launches Arenite Specialty

16th September 2025

Pine Walk Capital Limited, the specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has launched a surety and credit risk insurance-focused MGA, Arenite Specialty. Arenite will initially write coverage focused on Australia, Asia Pacific and Latin America, and will be led by Teji Gobran ... Read the full article

Moody’s says a $100bn single cat could be an earnings event: Siddiqui & Eck

16th September 2025

In an interview with Reinsurance News during the 2025 RVS in Monte Carlo, Salman Siddiqui, Associate Managing Director at Moody's Ratings, and James Eck, Vice President–Senior Credit Officer at Moody's Investors Service, explained that while a single $100 billion catastrophe loss event in the past would have eroded balance sheets, ... Read the full article

Walter Voigts-von Forster named CEO of Munich Re Africa Branch

16th September 2025

Global reinsurer Munich Re has announced the appointment of Walter Voigts-von Forster as Chief Executive Officer (CEO) of Munich Re Africa Branch, effective 1st February 2026. Voigts-von Forster will continue as Head of Non-Life for Munich Re Africa while assuming his CEO responsibilities. He will report to Roland Eckl, Chief Executive ... Read the full article

Miller announces parametric earthquake solution in partnership with SPG Canada & NormanMax

16th September 2025

Independent specialist re/insurance broker, Miller has partnered with Specialty Program Group Canada (SPG Canada) and NormanMax Syndicate 3939, to launch a new parametric earthquake solution which aims to address the growing concerns about the accessibility of earthquake insurance in the market. Under this partnership, Miller will facilitate a binder between the ... Read the full article

London Market premium income climbs 1.7% to £49.3bn in 2024: IUA

16th September 2025

According to new data published by the International Underwriting Association (IUA), London Market companies earned a total premium income of £49.273 billion in 2024, up 1.7% compared to 2023. According to the IUA’s latest London Company Market Statistics Report, compiled from 79 firms, this figure includes £43.8 billion underwritten directly in ... Read the full article

Zitzmann to lead Skyward Specialty’s Inland Marine and Transactional Property

16th September 2025

Skyward Specialty Insurance Group has hired Christopher Zitzmann as President of Inland Marine and Transactional Property. In the new role, Zitzmann will reportedly lead growth and innovation across Skyward Specialty's inland marine and transactional property businesses, advancing the firm's expertise in these highly specialised markets. Zitzmann, who holds more than two decades ... Read the full article

Further consolidation likely as climate risks and technology transform the market: Urs Baertschi, Swiss Re

16th September 2025

Urs Baertschi, Chief Executive Officer of Property & Casualty Reinsurance at Swiss Re, emphasised that discipline and stability remain key for the reinsurance industry, with further consolidation likely as climate risks and technological shifts reshape the market. In our latest video interview, now available to watch in full,Read the full article

Glyn Hughes joins Allianz Personal Broker as MD

16th September 2025

Allianz UK has announced the appointment of Glyn Hughes as Managing Director of Allianz Personal Broker, effective February 2026. Subject to regulatory approval, Hughes will join the UK personal lines leadership team reporting to Serge Raffard, Managing Director of Allianz’s personal lines business. He will be joining the company from Ageas, where ... Read the full article

Vantage secures A- rating from S&P

16th September 2025

The core operating re/insurance entities of specialty carrier Vantage Group Holdings Ltd. have secured a financial strength rating of 'A-' from S&P Global Ratings, with a stable outlook. The ratings agency has assigned its 'A-' long-term issuer credit and financial strength ratings to Vantage Risk Ltd. (VRL), Vantage Risk Specialty Insurance ... Read the full article

SPG consolidates wholesale business to launch unified division

16th September 2025

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerage and underwriting facilities, has announced its plans to consolidate its wholesale businesses under a single division: SPG Wholesale. This move marks the company’s transition from a network of specialty brands to a fully integrated platform, designed to provide enhanced clarity, ... Read the full article

Swiss Re promotes Fatone to Head of Southern Europe P&C Reinsurance

16th September 2025

Global reinsurer Swiss Re has appointed Hernan Fatone as Head of Southern Europe Property and Casualty (P&C) Reinsurance. In the role, he succeeds Santiago Arechaga, who has been promoted to President of Reinsurance for Latin America and the Caribbean. Fatone will also assume the role of Country President and Branch Manager of ... Read the full article

B.P. Marsh & Partners invests $12.5m to fuel XPT growth

16th September 2025

B.P. Marsh & Partners Plc, a specialist private equity investor, has announced a new investment to support the growth of its US-based investee company, XPT Group LLC (XPT). The company is supporting XPT via an investment in its new vehicle XPT Producer Acquisition Co LLC (XPT Producer Co), which is designed ... Read the full article

Grange Insurance appoints Steve Marohn as Commercial Lines President

16th September 2025

Ohio-domiciled insurer Grange Insurance Company has appointed Steve Marohn as the company’s Commercial Lines President. Marohn has over 35 years of commercial lines experience, most recently as President of the Specialty Property and Casualty division at Hanover Insurance. In the role, he led a $580 million specialty property and casualty portfolio ... Read the full article

HDI Global Insurance names Himadri Trivedi as Business Transformation Lead

16th September 2025

HDI Global Insurance Company (HGIC), the US arm of international corporate and specialty insurer HDI Global, has appointed Himadri Trivedi to the newly created position of Business Transformation Lead. Trivedi will play a key role in aligning technology and business operations to advance enterprise-wide initiatives, reinforce governance, and deliver measurable outcomes. She ... Read the full article

US personal auto insurers maintain positive momentum into 2025: AM Best

16th September 2025

US personal auto insurers continued to show progress in the first half of 2025, as the segment’s direct loss ratio declined for the second year in a row, according to a new AM Best report, with the results suggesting that the strong recovery seen in 2024 is extending into this ... Read the full article