Reinsurance News
Generali names Giulio Terzariol as Direttore Generale, Group Deputy CEO
12th November 2025
Generali Group has announced a significant evolution of its organisational structure, naming Giulio Terzariol as Direttore Generale - Group Deputy CEO. The move is aimed at reinforcing the successful execution of the insurer’s strategic plan, “Lifetime Partner 27: Driving Excellence,” and strengthening governance across its core businesses. Terzariol has been assigned by ... Read the full article
KCC releases US SCS Model Version 4.0
12th November 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 4.0 of its US Severe Convective Storm (SCS) Model. In the US, SCS losses dominate annual weather-related insured property losses. KCC noted that many reinsurers and ILS investors still rely on older catastrophe modelling technology, which ... Read the full article
Willis and Rare launch parametric insurance solution for Philippines’ small-scale fishers
12th November 2025
The Government of the Philippines' Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine Crop Insurance Corporation (PCIC), have partnered with global conservation organisation Rare and insurance broker Willis, a WTW business, to launch the country’s first parametric insurance solution for small-scale fishers. The partnership insures the livelihoods of 14,200 ... Read the full article
Gallagher introduces new trading divisions and leadership appointments in UK Retail
12th November 2025
Global re/insurance broking group Gallagher has introduced a new UK Retail operating structure with the creation of two new trading divisions, which will align to different client segments, and also announced leadership appointments. The new operating structure was introduced following Gallagher’s acquisition of AssuredPartners, which added 1,000 colleagues and a number ... Read the full article
Atrium’s new Syndicate 2026 secures ‘in principle’ approval, targets initial GWP of $150m
12th November 2025
Atrium, an insurance group operating within the specialist Lloyd’s insurance and reinsurance marketplace, has been granted “in principle” approval for its new delegated property catastrophe and weather and climate risk-focused Syndicate 2026. The new syndicate will start underwriting from January 1st, 2026, subject to the completion of all final approvals. It ... Read the full article
Magenta signs capacity deal with Zurich for MNW home insurance
12th November 2025
Magenta, part of DUAL UK, has announced that it has signed a new deal with global insurer Zurich to provide capacity for its mid-net-worth (MNW) home insurance product. The MNW home insurance market has faced persistent challenges of under-insurance and incorrect cover. With inflation and rising values of high-end items, individuals often ... Read the full article
Future California wildfire losses likely to exceed historical data: Willis Re
12th November 2025
Future wildfire losses in California are likely to exceed what recent fire footprints suggest, challenging how the re/insurance industry assesses and prices risk, Daniel Bannister, from Willis Research Network, states in a recent analysis. Two decades of intense fire activity has largely spared the state’s most high-value, highly exposed areas, but ... Read the full article
Florida reforms underpin strong Q3’25 results for American Integrity
12th November 2025
Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, has disclosed gross premiums written of $239.1 million in Q3 2025, an increase of 48.5% compared to the same quarter of 2024. Meanwhile, gross premiums earned in Q3 2025 rose 34.2% to $221.9 million from $165.4 million a year earlier, ... Read the full article
Selective Insurance appoints Nathan Rugge as EVP & Chief Actuary
12th November 2025
Selective Insurance Group, Inc. has announced the appointment of Nathan Rugge, Senior Vice President, Chief Corporate Actuary, Reserving, as its new Executive Vice President (EVP), Chief Actuary. Rugge will assume the role following the retirement of Vincent Senia, effective January 2026. Senia joined Selective in 2010 and has served as EVP, Chief ... Read the full article
Chubb unveils new AI-powered embedded insurance optimisation engine
12th November 2025
Chubb has unveiled a new AI-powered optimisation engine within Chubb Studio, its global technology platform for embedded insurance distribution. Unveiled at the Singapore Fintech Festival, the optimisation engine is designed to help Chubb’s partners boost engagement, strengthen brand loyalty, and drive measurable growth by better aligning protection solutions with customer needs. Chubb ... Read the full article
Latin America’s reinsurance market sees deepening international interest: Howden Re
12th November 2025
Latin America’s reinsurance market is attracting growing international interest, with an influx of new entrants and capital flowing into the region, including a noticeable rise in managing general agents (MGAs), according to Howden Re, the global reinsurance broking arm of Howden Group. As reinsurers meet in Costa Rica for FIDES 2025, ... Read the full article
Lockton Re names Aon’s Mozum Khan as Global Head of Property Innovation & Solutions
12th November 2025
Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Mozum Khan to the newly established role of Global Head of Property Innovation & Solutions, based in Dubai. Most recently, Khan served as Managing Director of Analytics for broker Aon. He has previously held several leadership roles at AXA XL, ... Read the full article
HDI Global appoints John Morrell as Head of Energy & Power Underwriting Middle East
12th November 2025
Corporate & Specialty lines insurer HDI Global has announced the appointment of John Morrell as the new Head of Energy & Power Underwriting Middle East, within its cross-divisional Energy & Power Unit, effective 1 December, 2025. Based in Dubai, Morrell will lead a dedicated team focused on managing complex risks across ... Read the full article
Accenture invests in Lyzr to accelerate agentic AI adoption in financial services
12th November 2025
Accenture, a professional services company specialising in digital transformation, cloud, and artificial intelligence, has announced an investment in Lyzr, an AI innovator that has built a comprehensive enterprise agent infrastructure platform. Made through Accenture Ventures, the investment will strengthen collaboration between the two firms to advance the use of agentic AI ... Read the full article
ABIR members’ contribution to Bermuda’s local economy tops $1.2bn
11th November 2025
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) set a new benchmark in 2024, contributing $1,210,566,922 to Bermuda’s economy, and employing a record number of Bermudians, according to the association's 20th Annual Economic Substance Survey. Last year, the group employed 1,472 Bermudians, spouses of Bermudians, or permanent resident ... Read the full article
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