Reinsurance News
Who’s insuring Russia’s shadow fleet?
2nd December 2025
Since Western P&I clubs and reinsurers largely withdrew from underwriting sanctioned oil shipments, an informal and opaque re/insurance ecosystem has emerged to keep Russia’s shadow fleet trading. What was once dominated by London and the International Group of P&I clubs is now sustained by a narrow set of domestic and offshore ... Read the full article
AXA XL goes live with PPL to strengthen links to London Market
2nd December 2025
AXA XL, the property and casualty division of AXA Group, has successfully connected its internal computer systems directly to the London Market’s main trading platform, Placing Platform Limited (PPL), opening a new data exchange gateway. This connection is powered by ACORD Solutions Group’s cutting-edge ADEPT (ACORD Data Exchange Platform & Translator) ... Read the full article
AXIS adds Edwards to newly created role of Head of Delegated Strategy, Global Markets
2nd December 2025
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has appointed Lewis Edwards to the newly created role of Head of Delegated Strategy, Global Markets, effective immediately. He will be based in London and reports to Sara Farrup, Head of Global Markets, and joins her leadership team. In his new role, Edwards will ... Read the full article
IDF and AXA announce first close of Infrastructure Resilience Development Fund
2nd December 2025
AXA and the Insurance Development Forum (IDF) have announced the first close of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), a BlackRock subsidiary, the IRDF is built upon the Infrastructure Resilience Development Blueprint developed over the past two years by IDF members, including AXA, Convex, ... Read the full article
Heimann to develop European MGA practice for Augment Risk
2nd December 2025
Augment Risk, a risk capital and reinsurance solutions broker, has appointed Magnus Heimann as Partner for MGA, effective immediately. He will develop the firm's European MGA presence, partnering with coverholders, capacity providers, and reinsurers to deliver capital-aligned program solutions that strengthen long-term enterprise value for MGA clients. This appointment aims to strengthen ... Read the full article
mea Platform and Regenvita parter to drive AI adoption in Scandinavian insurance market
2nd December 2025
mea Platform, a company specialising in AI solutions for the insurance industry, and Regenvita Ltd, the advisory firm founded by Clint Sookermany, have entered into a strategic partnership to accelerate artificial intelligence (AI) adoption across the Scandinavian insurance market. As part of the collaboration, Sookermany will serve as an advisor to ... Read the full article
Ben Quah appointed CEO of Asian financial hub Labuan IBFC Inc.
2nd December 2025
Labuan IBFC Inc., an Asian financial hub known for its insurance, reinsurance, Islamic finance, and digital business solutions, has announced the appointment of Ben Quah as its new Chief Executive Officer (CEO). Quah brings over two decades of experience in fintech, digital marketing, and regional business development, with a strong record ... Read the full article
Red Cross leads pilot of parametric flood insurance in Malawi
2nd December 2025
The Malawi Red Cross Society and the Danish Red Cross, in partnership with African Risk Capacity (ARC) Ltd., JBA Global Resilience, the InsuResilience Solutions Fund (ISF), and the Danish Ministry of Foreign Affairs, have piloted Malawi’s first parametric flood insurance. The project is built on advanced flood-risk modelling with predefined contingency ... Read the full article
AM Best revises outlook for US homeowners insurance to stable
1st December 2025
Credit rating agency AM Best has revised the outlook for the US homeowners insurance segment to stable from negative, citing moderating premium growth and enhanced catastrophe risk management practices amid improved property reinsurance market dynamics. According to the Best’s Market Segment Report, the market has remained resilient despite elevated catastrophe losses ... Read the full article
Howden adds Rebecca Poon as Chief Client Officer for Hong Kong
1st December 2025
Howden, an insurance and risk advisory group, has appointed Rebecca Poon as its Chief Client Officer for Hong Kong. Most recently, Poon served as a Managing Director at insurance broker Marsh, where she led Marsh (HK) Ltd's Corporate Division, which services the insurance programmes for major corporate accounts, many of whom ... Read the full article
Bridget Tatham elected President of FOIL for 2026
1st December 2025
The Forum of Insurance Lawyers (FOIL), an organisation representing 8,000 lawyers and paralegals across 61 corporate firms, has elected Bridget Tatham, Partner at Browne Jacobson, as President for 2026. Tatham is set to replace Howard Dean, Partner at Keoghs, who served as President for the 2025 period following his appointment in ... Read the full article
Berlanga joins I–RE as Broker Relationship Executive
1st December 2025
I–RE, a specialist in captive specialist insurance and reinsurance, has announced the appointment of David Berlanga as Broker Relationship Executive. In his new role, Berlanga will be responsible for building and strengthening relationships with current brokers and partners. He will be instrumental in promoting I-RE’s RE-PAID captive product, offering support to brokers ... Read the full article
Ultra-processed foods and microplastics, emerging liability risks for re/insurers: DAC Beachcroft
1st December 2025
Ultra-processed foods (UPFs) and microplastics are expected to become a source of liability risk for re/insurers, law firm DAC Beachcroft has highlighted in their latest predictions for 2026. The scrutiny and legal action over UPFs are projected to escalate in 2026, mainly driven by growing evidence linking UPFs to chronic diseases, ... Read the full article
Gallagher Re to acquire South African reinsurance broker Resilea
1st December 2025
Gallagher Re, the reinsurance arm of the global broking group, has agreed to acquire the largest independent reinsurance broker in South Africa, Resilea (Pty) Ltd. The reinsurance broker expects the Resilea team to bring a greater level of scale and strength to itself and its clients. Iain Macindoe, previously Chief Executive Officer ... Read the full article
Africa Specialty Risks launches cyber insurance for African businesses
1st December 2025
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has marked its entry into cyber insurance with the launch of a digital quote-and-bind policy for African businesses. Offered through ASR 24-7, ASR’s automated underwriting platform, the policy provides up to $5 million in coverage to businesses across Africa with revenues of up ... Read the full article
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