Reinsurance News
RenRe expands Adria Richards’ role to manage Property Cat Assumed Retro portfolio
7th September 2025
Bermuda-based reinsurer RenaissanceRe (RenRe) has announced the expansion of Adria Da Breo Richards’ role to include management of Property Cat Assumed Retro portfolio, alongside her current role overseeing Property Cat portfolios for RenRe’s Global clients. In her expanded role, Richards will be responsible for helping RenRe’s Assumed Retro clients solve their ... Read the full article
Reinsurance has never been more relevant: AXA XL Re’s Renaud Guidée
7th September 2025
Amid a spike in uncertainty globally, Renaud Guidée, Chief Executive Officer of AXA XL Re, believes that reinsurance has never been more relevant as a means to “bridge the gap between uncertainty and certainty.” Reinsurance News spoke with Guidée around the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, to gauge ... Read the full article
Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025
7th September 2025
Our ranking of the world's largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of $2.656 billion, Aon Reinsurance Solutions ranked as the world's largest ... Read the full article
Robust reinsurance & alternative solutions key as global P&C growth persists: Swiss Re
6th September 2025
As the global property and casualty (P&C) insurance market continues to expand, industry giant Swiss Re has highlighted that robust reinsurance and alternative risk solutions are further broadening capacity and helping to keep coverage both affordable and accessible, which is vital in an increasingly uncertain risk landscape. On the first day ... Read the full article
Insurance Europe warns Solvency II reform falls short of EU competitiveness goals
5th September 2025
Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU lawmakers, jeopardising growth and putting billions in potential long-term investment at risk. In its consultation response, Insurance ... Read the full article
Optalitix expands quote platform to power reinsurance pricing
5th September 2025
Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultative quotes, manage data, and improve pricing processes in one place. The company says the ... Read the full article
IQUW Re Bermuda enhances product suite with Mortgage, Credit, and Cyber Risk
5th September 2025
IQUW Re Bermuda has expanded its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. IQUW Re Bermuda stated that, supported by its strong balance sheet and capital foundation, the company is now well positioned to expand into new, diversifying lines of ... Read the full article
Aon appoints Andrew Minnitt as Head of Southeast Asia
5th September 2025
Aon, a global insurance and reinsurance broking group, has announced the appointment of Andrew Minnitt as Head of Southeast Asia. The newly created role brings together Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam as a unified subregion. Minnitt will expand his current role as Head of Singapore, Indonesia, and Malaysia to ... Read the full article
AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market conditions
5th September 2025
AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recording a five-year compound average growth rate of 11 percent. In 2024, Lloyd’s reinsurance premiums rose by ... Read the full article
MultiStrat appoints new execs, launches casualty reinsurance partnership
5th September 2025
MultiStrat has named Nadia Chychrun as Chief of Staff and Group Senior Director of Program Change, and Paul McCabe as Executive Director – Operations (COO), while also entering a definitive agreement to provide underwriting and liability management services for a casualty reinsurance vehicle it established with a $100bn+ alternative asset ... Read the full article
Secondary perils a “big opportunity for the reinsurance market,” says Karen Clark
5th September 2025
Advancements in risk modelling offer a big opportunity for the reinsurance market to better understand and price secondary perils, the co-founder and CEO of Karen Clark & Company (KCC), Karen Clark, shared in a recent interview with Reinsurance News ahead of the annual meeting of the reinsurance industry in Monte ... Read the full article
Flood Re adds Murphy as Independent Non-Exec. Director and Mulry-Lawson as Interim CRO
5th September 2025
Flood Re, the UK government-backed scheme funded by the insurance industry to improve access to affordable flood insurance, has appointed Michael Murphy as Independent Non-Executive Director and Sue Mulry-Lawson as Interim Chief Risk Officer (CRO). Mulry-Lawson's appointment as Interim CRO follows the recent promotion of Dan Byrne to Chief Commercial ... Read the full article
Those who innovate & adapt will thrive in evolved reinsurance market: Howden Re
5th September 2025
Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has suggested that those who combine market insight with technical execution, portfolio diversification and innovative structures will be best placed to succeed in this next phase of the reinsurance cycle. Howden Re's new "Who dares wins" report, released ... Read the full article
BHSI adds Anna Spink as Head of Marine, Australasia
5th September 2025
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Anna Spink as Head of Marine, Australasia. In her new role, Spink will be based in Sydney and lead the marine specialty lines, including marine cargo, marine liability, marine hull, pleasure craft, plant and ... Read the full article
Lloyd’s CEO outlines strategy to boost market relevance and cut costs
5th September 2025
Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the attraction and relevance of the Lloyd’s market by better tailoring ... Read the full article
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