Reinsurance News
Commercial auto insurance faces 13th year of underwriting losses in 2025: Conning
25th September 2025
Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of one of the most consistently unprofitable segments in the property-casualty industry, focusing on financial strain, new exposures, ... Read the full article
CyberCube report shows diversification and mitigation can reduce cyber losses by over 50%
25th September 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCube’s Portfolio Manager v6 (PM v6) catastrophe model, the report demonstrates that diversification across geography, industry sector, company ... Read the full article
Canopius appoints Norm Kimber as Credit & Political Risk Underwriter
25th September 2025
Canopius Group, a global specialty and Property & Casualty re/insurer, has announced the appointment of Norm Kimber as Credit & Political Risk Underwriter, effective in the first quarter of 2026. In his new role, Kimber will help strengthen Canopius’ Credit & Political Risk team and build deeper relationships with export credit ... Read the full article
US jury trends underscore need for broader reforms: Swiss Re
25th September 2025
New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability market for re/insurers. "Traditional economic drivers such as wage inflation, medical-cost trends and CPI growth ... Read the full article
Aon promotes Leon Walker as Captives Leader, EMEA
25th September 2025
Aon, the global insurance and reinsurance broker, has promoted Leon Walker as Captives Leader for Europe, the Middle East, and Asia (EMEA) effective January 1st, 2026. In his new role, Walker will drive strategy, transformation, and sustainable growth across Aon’s captives business in the EMEA region. He reports to Ciaran Healy, Global ... Read the full article
The Fidelis Partnership announces new MGA, Imala Re, launches Miami office
25th September 2025
Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on October 1st. This new US location will also serve as the ... Read the full article
L&G completes £1.6bn buy-in with BP Pension Fund
25th September 2025
UK insurer Legal and General Assurance Society Limited (L&G) has completed a £1.6 billion buy-in with the BP Pension Fund, marking the first transaction for the £18 billion Fund. The two parties collaborated closely on the deal, including agreeing on terms designed to further strengthen the security of members’ benefits. L&G provided ... Read the full article
Amiga Specialty names James Rasmussen as MD, Management Liability UK & Europe
25th September 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen will report to Group Managing Director & Founder Adam Kembrooke. In his new role, he will ... Read the full article
Arundo Re is “flexible” but there’s a need to maintain discipline: Laurent Montador
25th September 2025
Laurent Montador, Deputy Chief Executive Officer (CEO) of French reinsurer Arundo Re, told Reinsurance News at RVS 2025 in Monte Carlo, that as the risk landscape continues to evolve, it’s important to stay disciplined. Montador explained that at this year’s RVS, the hard discussions with clients and brokers were not the ... Read the full article
Munich Re names Sabine Starbatty as Client Management Executive for MENA
25th September 2025
Global reinsurer Munich Re has appointed Sabine Starbatty as Client Management Executive (CME) for Non-Life Middle East and North Africa (MENA), and she will continue to have dual responsibility as Head of Treaty Underwriting Property & Casualty (P&C) MENA & Cyber. Starbatty is based in Munich and reports to Roland Eckl, ... Read the full article
Coverys adds Littlemore and Farnworth to its Board
25th September 2025
Coverys, a provider of insurance and reinsurance across a range of medical professional liability and healthcare lines, has appointed Rob Littlemore and Catherine Farnworth as Independent Non-Executive Directors. Additionally, Farnworth will also assume the role of Chair of Coverys Limited’s Audit, Risk & Capital Committee, subject to required regulatory approvals. Littlemore brings ... Read the full article
Aviva completes £160m BPA with SG Pension Fund
25th September 2025
Insurance and financial services company Aviva has completed a £160 million bulk purchase annuity (BPA) buy-in with the SG Pension Fund, securing the benefits of more than 1,900 members. The scheme sponsor is Portakabin Limited, a provider of modular building infrastructure. The trustees were advised by Aon, who led the process, ... Read the full article
ICIEC to provide fac reinsurance to certain Takaful Libya export deals
25th September 2025
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to provide facultative reinsurance to selected export transactions insured by Takaful Libya. This collaboration will enhance Takaful Libya’s capacity to underwrite Shariah-compliant export credit risks. This, in turn, will allow them to offer broader coverage to Libyan exporters ... Read the full article
Planette launches new forecasting platform for insurance and financial industries
24th September 2025
Planette, an expert in long-range weather prediction, has announced the launch of Joro, a high-resolution forecasting platform designed for financial institutions and insurance providers. Unlike traditional forecasts, Joro provides full probability distributions for temperature and precipitation, helping companies model extreme weather scenarios with greater accuracy, the firm explains. The platform fills a ... Read the full article
CNO to acquire minority interest in Janus Henderson’s VPC
24th September 2025
Global asset manager Janus Henderson Group has revealed that CNO Financial Group, a nationwide life and health insurer and financial services provider, will acquire a minority interest in Victory Park Capital Advisors (VPC), its majority-owned alternative investment firm specialising in private asset-backed credit. As part of the deal, CNO, a provider ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
