Reinsurance News
Q3 2025 cat bond issuance of $1bn+ takes nine-month total to record $18.6bn: Artemis
2nd October 2025
Catastrophe bond and related insurance-linked securities (ILS) issuance of $1.036 billion in the third quarter of 2025 has taken issuance for the nine-month period to September 30th, 2025, to $18.6 billion, which is a new annual record for the market, according to the latest quarterly report from Artemis. Read the full article
Standardised metrics needed to close $0.9tn cyber risk protection gap: Zurich
2nd October 2025
With the world facing a $0.9 trillion cyber risk protection gap, Zurich is calling for the adoption of standardised national cyber security metrics to close it, which would involve the collaboration between governments and the private sector. This gap highlights the vast difference between economic losses from cyber events and the ... Read the full article
WTW introduces parametric policy triggered by red weather warnings
2nd October 2025
Willis, a WTW business, has launched a first-of-its-kind parametric policy that triggers automatically when a Red Weather Warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. The policy was developed in collaboration with Swiss Re Corporate Solutions, which will act as the insurer. Red Weather ... Read the full article
AXIS Capital appoints Hannah Hosking as Head of Distribution, Global Markets
2nd October 2025
AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Hannah Hosking as Head of Distribution, Global Markets. Based in AXIS’ London office, Hosking will join the Global Markets leadership team and report to Edward Ashby, Chief Commercial Officer. In her new ... Read the full article
Recent M&A may not indicate widespread return for London market re/insurers: Autonomous
2nd October 2025
Even though the London re/insurance market has recently seen a number of merger and acquisitions (M&A) deals, this may not indicate a widespread return to M&A for all London-listed specialty re/insurers, Autonomous’ analysts suggest. The recent news that London Market insurer Inigo had agreed to be acquired for $1.7bn marks ... Read the full article
AEGIS London names Tom Squires as Head of Distribution and Digital Trading
2nd October 2025
AEGIS London, which has consistently been ranked in the top quartile of Lloyd’s syndicate for over a decade, has appointed Tom Squires as Head of Distribution and Digital Trading. In his new role, Squires will lead the syndicate’s distribution strategy and a new distribution function, strengthening the firm's relationships with brokers ... Read the full article
Allstate restructures senior leadership to drive Property-Liability growth
2nd October 2025
The Allstate Corporation has made a series of changes to its senior leadership team, including the placement of Mario Rizzo as Chief Operating Officer, responsible for the Property-Liability and Protection Services businesses. Rizzo, who was previously President of Property-Liability, has held numerous senior roles during his 33 years at Allstate, including ... Read the full article
PartnerRe appoints Niall Mulvey as CUO, Life & Health
2nd October 2025
Niall Mulvey has joined Bermuda-based reinsurer PartnerRe's Executive Leadership Team as Chief Underwriting Officer (CUO), Life & Health. Prior to PartnerRe, Mulvey worked at German reinsurer Hannover Re as Head of L&H Greater China, and Principal Business Lead, L&H Asia, before that. He also spent 14 years at Hannover Re Ireland, where ... Read the full article
Howden expands renewable energy facility across UK hubs
2nd October 2025
Howden, the global insurance intermediary group, has expanded its Aviva-led, Lloyd’s-accredited renewable energy facility across its UK retail network of renewable energy hubs. According to the firm, this expansion follows a successful pilot programme with Howden Scotland, and underscores its continued drive for innovation in insurance and supports the UK’s transition ... Read the full article
HDI UK&I announces executive underwriting appointments
2nd October 2025
HDI UK & Ireland has announced a number of executive appointments across its underwriting functions, effective 1st October 2025. Kate Sutcliffe, formerly HDI’s UK and Ireland Director of Property, has been appointed Chief Underwriting Officer – Short Tail. In this expanded role, Sutcliffe will oversee underwriting for Property, Marine, Engineering, Risk Engineering, ... Read the full article
Minority Broker Partnerships invests in drone specialist MGA Moonrock
2nd October 2025
Peter Cullum-backed Minority Broker Partnerships (MBP) has made a significant investment in drone specialist MGA Moonrock Insurance for a minority shareholding. The Series A investment supports Moonrock’s expansion in the drone and eVTOL insurance sector, positioning the business to meet growing demand in a rapidly evolving market, both in the UK ... Read the full article
Sompo APAC promotes Li Li Leong to Head of Actuarial, Singapore
2nd October 2025
Sompo Asia Pacific, part of Sompo International Holdings Ltd., has announced the promotion of Li Li Leong to Head of Actuarial, Singapore. In her new role, Leong will lead Sompo Insurance Singapore’s Actuarial Division, responsible for full regulatory compliance while overseeing risk analysis and product pricing. She will also support strategic ... Read the full article
CyberCube secures over $180m investment from Spectrum Equity
1st October 2025
CyberCube, a provider of cyber risk analytics for the re/insurance industry, has secured a sizeable investment of over $180 million from Spectrum Equity, a new cornerstone investor, which will be used to fuel the future development of the firm's products and solutions to quantify cyber exposures. Spectrum Equity, a growth equity ... Read the full article
Acrisure completes acquisition of Global Payments’ payroll business
1st October 2025
Global fintech Acrisure has completed its previously announced acquisition of Heartland Payroll from Global Payments, Inc. for $1.1 billion. Heartland Payroll is considered one of the largest payroll and human capital management (HCM) companies in the United States. The acquisition, first announced in May 2025, will bring Heartland Payroll’s 50,000+ clients ... Read the full article
Adrian Morgan to lead Insurwave as CEO
1st October 2025
Insurwave, an AI-driven exposure management company for specialty insurance, has announced the appointment of Adrian Morgan as Chief Executive Officer (CEO). Known for driving digital transformation and scaling technology solutions for the insurance industry, Morgan joins the company at a critical time as it expands its platform and strengthens its market ... Read the full article
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