Reinsurance News
Hurricane season has little impact on European reinsurance shares: Autonomous reports
12th September 2025
Joseph Theuns, CFA at Autonomous, examines one of the most common assumptions in insurance investing: that the Atlantic hurricane season consistently weighs on reinsurer and London Market insurer share prices. In a detailed examination of two decades of data, Theuns shows that hurricanes, even the most destructive, have rarely produced the ... Read the full article
Allianz X makes equity investment in Coterie Insurance
12th September 2025
Allianz X, the investment arm of Allianz Group, has made an equity investment in Coterie Insurance, a managing general agent (MGA) that provides property and casualty (P&C) insurance products for small and mid-sized businesses in the United States. Coterie uses technology to simplify the insurance process for both policyholders and distribution ... Read the full article
NewRe is optimistic for next renewals with no capacity constraints: Braune & Urban
12th September 2025
In an interview with Reinsurance News during RVS 2025 in Monte Carlo, Thomas Braune, CEO of NewRe, and Iris Urban, Chief Underwriting Officer P&C, said the company has demonstrated stability and continuity in a difficult market, benefiting from parent Munich Re’s knowledge pool, leaving them optimistic for the next renewal. Urban ... Read the full article
UK insurers confront shifting market conditions: S&P
12th September 2025
UK insurers are navigating a landscape shaped by economic uncertainty, regulatory changes, and industry consolidation, according to a recent assessment by S&P Global Ratings. The credit rating agency sees both growth prospects and structural challenges across the life and property and casualty markets (P&C). S&P noted demand in the life insurance sector ... Read the full article
ATA introduces cyber insurance tailored for advanced technologies
12th September 2025
Advanced Technology Assurance Limited (ATA), an insurer specialising in advanced technologies, has introduced a new cyber insurance product designed to address the specific risks faced by technology-driven businesses. With AA-rated financial strength, a defined risk appetite, and operational capacity, ATA is prepared to provide cyber coverage for sectors including autonomous vehicles, ... Read the full article
Over half of UK underwriters say poor data quality is hindering AI transformation: CI&T
12th September 2025
According to recent analysis by CI&T, a global artificial intelligence (AI) and tech acceleration partner, and Reuters Events, poor data quality tops the list of the biggest obstacles for AI transformation in the UK. The report debunks the belief that technology limitations stand in the way of AI adoption, with over ... Read the full article
Lockton names Naji Abboud as Senior Executive Officer in DIFC
12th September 2025
Lockton, an independent insurance broker, has appointed Naji Abboud as Senior Executive Officer (SEO) of its Dubai International Financial Centre (DIFC) branch. Abboud has worked with Lockton for over 15 years across the MENA region, gaining extensive experience in the insurance sector and holding a range of leadership positions. His new ... Read the full article
AXA XL appoints Louise Nevill as Chief Underwriting Officer, Specialty for the UK & Lloyd’s
12th September 2025
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Louise Nevill ACII as Chief Underwriting Officer, Specialty for the UK & Lloyd’s. Commenting on the appointment, Mike Gosselin, Chief Underwriting Officer, UK & Lloyd’s, added: “Louise is extremely respected in the market." He continued: "She ... Read the full article
PERILS cuts industry loss estimate for Cyclone Alfred to AUD 1.92bn
12th September 2025
Zurich-based catastrophe insurance data provider PERILS has disclosed its third industry loss estimate for Cyclone Alfred, dropping the figure significantly to AUD 1.922 billion. Providing some background for the event, PERILS explained that Cyclone Alfred made landfall on 7 March as a Category 1 cyclone near the Gold Coast in Southeast ... Read the full article
Assurex Global launches insurance broker AG London
12th September 2025
Assurex Global, a privately held commercial insurance, risk management, and employee benefits brokerage group, has launched AG London, a London broker purpose-built for the independent community. Consolidation has reshaped the London market, with much of it dominated by both publicly traded and private equity–backed brokers. "Independent firms increasingly found themselves without a ... Read the full article
DUAL launches cargo insurance in Europe led by Chris Wittoeck
12th September 2025
DUAL Europe has launched its cargo insurance business, effective September 1st, 2025, led by Chris Wittoeck as Head of Cargo, marking the strategic expansion of the firm's marine proposition following the successful rollout of its Marine hub in September 2023. Wittoeck brings over 25 years of experience in marine cargo underwriting. ... Read the full article
Consilium to open new office in Kingston, Jamaica
12th September 2025
Consilium, a speciality re/insurance wholesale broker, has announced plans to establish a new office in Kingston, Jamaica, subject to regulatory approval, with Max Pragnell serving as Managing Partner for the office. The Kingston location is part of Consilium’s ongoing expansion of its international operations. The office will combine local expertise with ... Read the full article
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
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