Reinsurance News
Xceedance introduces Manila talent hub to strengthen global insurance support
4th December 2025
Xceedance, known for its consulting, technology, data, and operational solutions for insurance organisations, has broadened its footprint in Asia with the launch of a new talent hub in Manila, Philippines. The addition is intended to strengthen the company’s capacity to provide continuous support to more than 350 clients across different regions. ... Read the full article
Zurich North America appoints Tom Morelli as US Head of Energy
3rd December 2025
Zurich North America, the commercial property and casualty insurer, has announced the appointment of Tom Morelli to the newly created role of U.S. Head of Energy, where he will lead a new strategic business unit within Specialties. Based in New York, Morelli will be responsible for shaping the technical and strategic ... Read the full article
Ransomware spreads into emerging markets, re/insurers prioritise efficiency & margin stability: CyberCube
3rd December 2025
Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report. The research highlights a significant shift in the threat landscape, with ransomware now expanding into regions undergoing rapid digitalisation, uneven defence, and growing strategic ... Read the full article
AI’s shift from hype to practical adoption gathers momentum, says hx CEO
3rd December 2025
Amrit Santhirasenan, CEO of hyperexponential, says AI is moving beyond hype into practical adoption, and in 2026, the winners will be insurers who invest intelligently in technology and modernise their infrastructure to unlock value. Santhirasenan noted that AI offers insurers a genuine opportunity to achieve both efficiency and profitability gains, driving ... Read the full article
QBE names Sebastian Tjornelund as Asia Head of Marine Underwriting
3rd December 2025
QBE, an international insurer and reinsurer, has announced the appointment of Sebastian Tjornelund as Asia Head, Underwriting, Marine, effective 1st December 2025. In his new role, Tjornelund will shape and implement QBE Asia’s strategy for its marine underwriting portfolios and facultative reinsurance business in the region. He will be responsible for ... Read the full article
AM Best maintains stable outlook on U.S. commercial lines segment
3rd December 2025
AM Best is maintaining its stable outlook for the U.S. commercial lines market, citing the segment’s strong underwriting and overall operating performance, despite variability across individual lines of business. Additional factors supporting AM Best’s stable outlook include continued strength in risk-adjusted pricing and improved investment returns, which have enhanced operating profitability, ... Read the full article
Ryan Specialty Underwriting Managers launches public entity MGU
3rd December 2025
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the launch of Ryan Specialty Public Entity, a managing general underwriter (MGU) focused on the public sector. Led by Chris Connacher as its President, the MGU will cover casualty and auto physical damage solutions to publicly owned, ... Read the full article
2025 hurricane season sees record share of Category 5 storms: MS Amlin
3rd December 2025
Although the 2025 North Atlantic hurricane season appeared relatively benign, it saw a record share of storms reach Category 5 status, serving as a warning of the supercharged storms the industry will likely face more often in a warming world. Commenting on the official end of this year’s season, Sam Phibbs, ... Read the full article
Parametrix provides rapid claims payments following AWS outage
3rd December 2025
Parametrix, a provider of digital business interruption solutions, has revealed that it has already paid claims to clients affected by the Amazon Web Services (AWS) outage on 20th October 2025, allowing affected businesses to recover quickly. On Monday 20th October, the AWS platform experienced an outage originating in its largest cloud ... Read the full article
Economic downturn fears top G20 business leaders’ risk concerns: WEF
3rd December 2025
Fears relating to an economic downturn continue to dominate concerns cited by G20 business leaders, according to the Executive Opinion Survey 2025, conducted by the World Economic Forum and released by its strategic partners Marsh McLennan and Zurich Insurance Group. The annual survey, which gathered insights from more than 11,000 business ... Read the full article
Duck Creek names Rajesh Raheja as CTO
3rd December 2025
Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as Chief Technology Officer (CTO). In the new role, Raheja will lead the firm's global technology strategy, platform innovation, and engineering organisation in order to advance its cloud-native solutions and AI-driven ... Read the full article
Swiss Re addresses rising mental health claims with AI-powered Wysa app: Paul Murray
3rd December 2025
Paul Murray, CEO Life & Health Reinsurance at Swiss Re, highlighted that mental health claims have increased significantly this year, noting that the reinsurer is managing the trend through its AI-powered Wysa app, which has already shown measurable improvements in users’ mental health. During an interview with Squawk Box Asia, CNBC's ... Read the full article
Bridgehaven completes acquisition of SureStone
3rd December 2025
UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the hybrid insurer anticipating it will be key to strengthening its expanding network of MGA partners throughout ... Read the full article
Pacific Life Re names Soichiro Makimoto as Head of Japan Representative Office
3rd December 2025
Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as Head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will enhance Pacific Life Re’s presence in Japan, bringing a deeper understanding of clients’ needs to support the ... Read the full article
McGill and Partners and AEGIS London announce new digital partnership
3rd December 2025
McGill and Partners, the independent global specialty insurance and reinsurance broker, and AEGIS London, a Lloyd’s syndicate, have formed a strategic partnership to deliver smarter, digitally-enabled solutions for clients. The partnership aligns AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio. Using advanced technology, the platform ... Read the full article
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