Reinsurance News
Zurich expands Climate Spotlight to Asia Pacific
12th September 2025
Zurich Resilience Solutions (ZRS), the commercial risk advisory unit of Zurich Insurance Group, has expanded its comprehensive climate resilience offerings, Climate Spotlight, to Asia Pacific. This advanced climate risk analysis tool supports smarter decisions and long-term resilience for clients. This launch underscores Zurich's global commitment to supporting customers through the climate transition, ... Read the full article
CBPR market shows strong profitability and strategic reinsurance moves: Guy Carpenter
11th September 2025
Guy Carpenter, a reinsurance and risk advisory firm, reports in its Global Specialties Market Update on the current dynamics shaping the Credit, Bond & Political Risk (CBPR) market. According to Guy Carpenter, the global environment remains volatile, influenced by ongoing geopolitical tensions and economic uncertainty that have persisted over the past ... Read the full article
Allianz and Jio formalise Indian reinsurance joint venture
11th September 2025
Allianz Europe B.V. and Jio Financial Services Ltd (JFSL) have formally incorporated their reinsurance joint venture in India, naming the new entity Allianz Jio Reinsurance Ltd (AJRL). The joint venture received its certificate of incorporation from the Ministry of Corporate Affairs on September 8, 2025, following a no-objection certificate from the ... Read the full article
Accelerant expands risk capital network through partnership with AF Specialty
11th September 2025
Accelerant, a company that operates a data-driven Risk Exchange for specialty insurance, has established a risk capital partnership with AF Specialty, the specialty programme and delegated underwriting division of Michigan-based AF Group. The arrangement is intended to increase the capacity available to Members of the Accelerant Risk Exchange, which connects specialty ... Read the full article
Syria gets $7.9m payout from drought parametric policy
11th September 2025
A parametric insurance policy has been triggered to provide relief to nearly 120,000 people in Syria after one of the country’s worst droughts in half a century, through an initiative funded by Humanity Insured as part of a wider public–private partnership with the World Food Programme (WFP), the Global Shield ... Read the full article
Gartner outlines “reflexive risk ownership” as the future of organisational risk management
11th September 2025
According to Gartner, Inc., a research and advisory firm specialising in business and technology insights, risk, audit, and compliance leaders should work toward developing what the company calls “reflexive risk ownership.” This approach describes a future state in which business leaders consistently and automatically identify, address, and manage risks. Speaking at the ... Read the full article
US commercial insurance rate growth eases in Q2’25: WTW
11th September 2025
According to WTW, an advisory, broking, and solutions company, US commercial insurance rates increased by 3.8% in the second quarter of 2025, continuing a downward trend from the previous quarters (5.3% in Q1 2025 and 5.6% in Q4 2024). These findings come from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), which ... Read the full article
HDI Global names Bob van Alphen as Head of Engineering Underwriting
11th September 2025
HDI Global SE, part of the Talanx Group, has appointed Bob van Alphen to lead one of its two regionally structured Engineering Underwriting teams. He will be based at the company’s headquarters in Hannover and will report to François Périquet, Global Head of Engineering. In his new role, van Alphen will manage ... Read the full article
Reinsurance buyers to benefit as KBW sees rate declines ahead of Jan renewals
11th September 2025
KBW has revealed that its primary takeaway from the Reinsurance Rendezvous is that, absent very significant near-term losses, property catastrophe reinsurance rates are likely to fall by at least 10% at the January 1, 2026 renewals, leaving the firm somewhat more optimistic about reinsurance buyers. KBW noted that, based on its ... Read the full article
US private mortgage insurers increase use of reinsurance: AM Best
11th September 2025
According to AM Best, a credit rating agency and provider of financial data and analysis for the insurance industry, US private mortgage insurers continue to transfer a significant portion of their premiums to reinsurers, with the share going to unaffiliated reinsurers growing in recent years. In its latest Market Segment Report, ... Read the full article
Jonathan Prinn named Placement Leader at Marsh Specialty UK
11th September 2025
Marsh, a firm providing insurance broking and risk management services, has announced that Jonathan Prinn will take on the role of Placement Leader at Marsh Specialty UK, in addition to his current position as Chief Business Officer, effective immediately. Since joining Marsh earlier this year, Prinn has reportedly been central to ... Read the full article
Pen Underwriting enhances UK SME cyber coverage with six key updates
11th September 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has introduced six significant updates to its UK SME cyber insurance offering, reinforcing its commitment to evolving coverage in line with emerging risks and helping businesses respond effectively to cyber incidents. The latest enhancements are designed to ease the immediate financial and ... Read the full article
Sompo boosts Commercial Insurance division with two senior appointments
11th September 2025
Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines. Thienenkamp and Ohashi, who both join Sompo from major international carriers and were previously based in Japan, are expected to bring valuable expertise ... Read the full article
Reinsurers could enable $17tn in global value by 2035: PwC
11th September 2025
PwC, a professional services firm, has released new research titled Reinsurance 2035: Rethinking the Risk Business, presenting its perspective on how the reinsurance sector may develop over the next decade and beyond, with a particular focus on the Fund and Insure domain. According to PwC, this domain has the potential to ... Read the full article
Liberty Specialty Markets launches integrated third-party division in UK & MENA
11th September 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the launch of a single integrated third-party division, bringing together its financial and professional (FinPro) and casualty operations across the UK and MENA region. The restructuring is designed to align underwriting teams more closely with market developments while enhancing ... Read the full article
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