Reinsurance News
Willis Re names AssuredPartners’ Sankha Ghosh as EVP and Group CIO
17th September 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired Sankha Ghosh from AssuredPartners as Executive Vice President (EVP) and Group Chief Information Officer (CIO). Sankha has over 27 years of technology leadership experience, spanning across business transformation, digital innovation, cloud capabilities, data management, and ... Read the full article
Guidewire to develop PolicyCenter functionality for Japanese market
17th September 2025
Guidewire, a provider of software solutions for the insurance industry, has commenced developing functionality for PolicyCenter on Guidewire Cloud tailored to the Japanese market. In order to accelerate the efforts, Guidewire will collaborate with Capgemini in Japan and Nomura Research Institute (NRI). This is part of Guidewire’s ongoing commitment to the Japanese ... Read the full article
Parametric insurance can be ‘transformational’ in narrowing protection gap: Aon
17th September 2025
Aon's Elizabeth Henderson has highlighted a $223 billion climate protection gap, warning that traditional insurance models are often too slow and complex to keep pace with fast-moving climate disasters, particularly in resource-constrained regions, while pointing to parametric insurance as a potential catalyst for transformational change. Aon's Global Head of Climate Advisory ... Read the full article
Gallagher names Ryan Witchard Executive Director for Middle East & Africa Marine practice
17th September 2025
Insurance and risk management firm Gallagher has appointed Ryan Witchard as Executive Director of its Middle East & Africa Marine practice. In his new role, Witchard will oversee the team advising clients on shipping, cargo, hull, and machinery insurance matters. Based at Gallagher’s regional headquarters in the Dubai International Financial Centre (DIFC), ... Read the full article
Applied Crisis Underwriters approved as Lloyd’s coverholder
17th September 2025
Applied Crisis Underwriters, an affiliate of Applied Underwriters, has announced that it has been approved as a Lloyd’s coverholder. Based in London, New York, and Miami, Applied Crisis Underwriters provides specialised coverage for political violence and war perils worldwide. Led by experienced professionals, it leverages advanced technology to deliver tailored underwriting solutions. All ... Read the full article
Tangram spins out from Heffernan and launches new MGA platform
17th September 2025
Tangram Insurance Services has completed its spin-out from Heffernan Insurance Brokers and will become the inaugural portfolio company of Balavant Insurance Group, a newly formed holding company backed by investment from SkyKnight Capital. Tangram described the separation as a pivotal step in its growth strategy within the MGA sector. The establishment of ... Read the full article
David Turner to lead SiriusPoint’s global Claims function
17th September 2025
Specialty insurer and reinsurer SiriusPoint has announced the appointment of David Turner as Global Head of Claims, a London-based role. From October 7, 2025, Turner will lead the global Claims function, overseeing teams across London and New York. He will be reporting to Scott Egan, ... Read the full article
Daniel Tasch named CEO of Marsh McLennan Austria
17th September 2025
Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Daniel Tasch as CEO of Marsh McLennan, Austria, effective 1st October 2025. Based in Vienna, Tasch will report to Cristian Fugaciu, Co-CEO of Marsh McLennan Central & Eastern Europe and CEO of Marsh Romania. In his new role, he will ... Read the full article
Allianz Trade announces new CEO appointment for Hong Kong Hub
17th September 2025
Allianz Trade, a provider of trade credit insurance and a recognised expert in surety, collections, structured trade credit, and political risk, has announced the appointment of Hassan Omaish as Chief Executive Officer for Hong Kong, South Korea, and Taiwan (the Hong Kong Hub), effective 1 October 2025. He will succeed Edmond ... Read the full article
Swiss Re to create single platform for ILS investment management offering
17th September 2025
Swiss Re has announced the formation of a single platform for its insurance-linked securities (ILS) investment management offering, combining two teams to provide investors with access to its entire suite of products through a single manager. Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC) was established in 2022 and is a SEC-registered ... Read the full article
Moody’s: European reinsurers post record earnings in first half of 2025
17th September 2025
Moody’s Ratings, a provider of credit ratings, research and risk analysis, reported that the four biggest European reinsurers — Munich Re (insurance financial strength rating Aa3, positive outlook), Swiss Re (Aa3 stable), Hannover Re, and SCOR (A1 stable) — achieved record combined earnings of €7.3 billion in the first half ... Read the full article
Ares Management names Anup Agarwal partner and Chief Investment Officer of Ares Insurance Solutions
17th September 2025
Ares Management Corporation, an alternative investment manager, has named Anup Agarwal as Partner and Chief Investment Officer of Ares Insurance Solutions, where he will also serve as Head of the business. Agarwal will collaborate with David Reilly, who was recently named Chairman of AIS, and with Rajesh Krishnan, the former AIS ... Read the full article
Mosaic Insurance launches enhanced blended IMI and cyber coverage for NA and Bermuda
17th September 2025
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has expanded its investment management insurance (IMI) offering with a new modular format that provides up to $20 million capacity per risk. The move targets investment managers, funds, fund of funds, superannuation and pension fund managers, and alternative investment ... Read the full article
DUAL Europe strengthens cyber business with new regional structure
17th September 2025
DUAL Europe has announced a newly aligned regional structure for cyber, alongside a series of strategic leadership appointments, reinforcing its position in the cyber insurance market and strengthening support for brokers and clients across Europe. Marek Stanislawski has been appointed as Head of Business Development, Cyber Europe, effective 3rd September 2025. ... Read the full article
WTW names Falcucci Director to its ICT business
16th September 2025
Global advisory, broking and solutions company, WTW has announced the appointment of Piero Falcucci as Director to its Insurance Consulting and Technology (ICT) business. In his new role, Falcucci will focus on client development and delivery, leveraging his considerable expertise in capital razing and optimisation, reinsurance structuring, M&A, and pricing within ... Read the full article
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