Reinsurance News
US commercial insurance rate growth eases in Q2’25: WTW
11th September 2025
According to WTW, an advisory, broking, and solutions company, US commercial insurance rates increased by 3.8% in the second quarter of 2025, continuing a downward trend from the previous quarters (5.3% in Q1 2025 and 5.6% in Q4 2024). These findings come from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), which ... Read the full article
HDI Global names Bob van Alphen as Head of Engineering Underwriting
11th September 2025
HDI Global SE, part of the Talanx Group, has appointed Bob van Alphen to lead one of its two regionally structured Engineering Underwriting teams. He will be based at the company’s headquarters in Hannover and will report to François Périquet, Global Head of Engineering. In his new role, van Alphen will manage ... Read the full article
Reinsurance buyers to benefit as KBW sees rate declines ahead of Jan renewals
11th September 2025
KBW has revealed that its primary takeaway from the Reinsurance Rendezvous is that, absent very significant near-term losses, property catastrophe reinsurance rates are likely to fall by at least 10% at the January 1, 2026 renewals, leaving the firm somewhat more optimistic about reinsurance buyers. KBW noted that, based on its ... Read the full article
US private mortgage insurers increase use of reinsurance: AM Best
11th September 2025
According to AM Best, a credit rating agency and provider of financial data and analysis for the insurance industry, US private mortgage insurers continue to transfer a significant portion of their premiums to reinsurers, with the share going to unaffiliated reinsurers growing in recent years. In its latest Market Segment Report, ... Read the full article
Jonathan Prinn named Placement Leader at Marsh Specialty UK
11th September 2025
Marsh, a firm providing insurance broking and risk management services, has announced that Jonathan Prinn will take on the role of Placement Leader at Marsh Specialty UK, in addition to his current position as Chief Business Officer, effective immediately. Since joining Marsh earlier this year, Prinn has reportedly been central to ... Read the full article
Pen Underwriting enhances UK SME cyber coverage with six key updates
11th September 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has introduced six significant updates to its UK SME cyber insurance offering, reinforcing its commitment to evolving coverage in line with emerging risks and helping businesses respond effectively to cyber incidents. The latest enhancements are designed to ease the immediate financial and ... Read the full article
Sompo boosts Commercial Insurance division with two senior appointments
11th September 2025
Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines. Thienenkamp and Ohashi, who both join Sompo from major international carriers and were previously based in Japan, are expected to bring valuable expertise ... Read the full article
Reinsurers could enable $17tn in global value by 2035: PwC
11th September 2025
PwC, a professional services firm, has released new research titled Reinsurance 2035: Rethinking the Risk Business, presenting its perspective on how the reinsurance sector may develop over the next decade and beyond, with a particular focus on the Fund and Insure domain. According to PwC, this domain has the potential to ... Read the full article
Liberty Specialty Markets launches integrated third-party division in UK & MENA
11th September 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the launch of a single integrated third-party division, bringing together its financial and professional (FinPro) and casualty operations across the UK and MENA region. The restructuring is designed to align underwriting teams more closely with market developments while enhancing ... Read the full article
Clayden joins Compre as interim global claims director
11th September 2025
Compre Group, the Bermuda-domiciled international specialty reinsurance group, has appointed Dominic Clayden to the newly created role of interim global claims director. Clayden has held senior roles across the industry, including group chief claims officer at QBE, where he managed more than $15bn of reserves across Europe, Lloyd’s, North America and ... Read the full article
BPL names Grahame Chilton as Non-Executive Chairman amid PCP investment
11th September 2025
BPL, an insurance broker focusing on credit and political risk, has named Grahame Chilton (“Chily”) as Non-Executive Chairman. Chily has over 45 years of experience in the insurance industry, including leading roles at Benfield, where he oversaw its sale to Aon for around US $1.25 billion, and founding Capsicum Re, which ... Read the full article
Earnix introduces new AI solutions for insurance at Excelerate 2025
11th September 2025
At its Excelerate 2025 conference, Earnix presented a new set of AI-based solutions aimed at the insurance sector. These tools are designed to support faster decision-making and more personalised customer interactions, while meeting the requirements of regulated markets. The Intelligent Decisioning platform introduced by Earnix allows insurers to work with data at ... Read the full article
AmTrust appoints Carl Canales as EVP, Head of Field Operations for NA P&C
11th September 2025
AmTrust Financial Services, Inc., a global specialty property casualty insurer, has appointed Carl Canales as Executive Vice President (EVP), Head of Field Operations for North American P&C. Based in Boston, Canales will oversee AmTrust’s Field Operations, including distribution strategy, revenue growth, underwriting, and relationship management for the company’s US commercial P&C ... Read the full article
Guy Carpenter reports structural shift in marine and energy insurance
11th September 2025
Guy Carpenter, a risk and reinsurance advisory firm, states in its Global Specialties Market Update that the marine and energy insurance sector is entering a period of reassessment, shaped by major losses, geopolitical pressures, and shifts in reinsurance capacity. In the hull and cargo segments, significant rate reductions—often in double digits—are ... Read the full article
Willis introduces Global Risk Engineering team to strengthen specialised services
11th September 2025
Willis, a WTW business, has announced the launch of its Global Risk Engineering team, an enhancement to its Global Risk & Analytics (R&A) operations. The team brings together Willis’ engineering expertise in a unified structure, designed to deliver advanced, specialised services. Using proprietary data, analytics, and technology-driven tools, the Global Risk ... Read the full article
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