Reinsurance News

Those who innovate & adapt will thrive in evolved reinsurance market: Howden Re

5th September 2025

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has suggested that those who combine market insight with technical execution, portfolio diversification and innovative structures will be best placed to succeed in this next phase of the reinsurance cycle. Howden Re's new "Who dares wins" report, released ... Read the full article

BHSI adds Anna Spink as Head of Marine, Australasia

5th September 2025

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Anna Spink as Head of Marine, Australasia. In her new role, Spink will be based in Sydney and lead the marine specialty lines, including marine cargo, marine liability, marine hull, pleasure craft, plant and ... Read the full article

Lloyd’s CEO outlines strategy to boost market relevance and cut costs

5th September 2025

Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the attraction and relevance of the Lloyd’s market by better tailoring ... Read the full article

BluePond.AI launches Reinsurance CoPilot to automate complex document processing

5th September 2025

BluePond.AI, a GenAI-native insurtech, has introduced its latest solution, P&C Reinsurance CoPilot, a tool designed to automate the ingestion of complex reinsurance documents and optimise workflow efficiency. Reinsurance contracts are often lengthy and require significant manual effort to process and record in administration systems, which can slow operations and create errors. BluePond.AI’s ... Read the full article

Lockton Re names James Stephens as Head of Crisis Management in London office

5th September 2025

Lockton Re, the reinsurance arm of the privately owned independent insurance broker, has announced the appointment of James Stephens as Head of Crisis Management in its London office. Tom Meyer, Head of Specialty, Lockton Re, added: "We are delighted James has joined Lockton Re supporting our drive to provide clients with ... Read the full article

Buyers can use favourable reinsurance market to seize strategic advantage: Aon

5th September 2025

A new report from Aon has hailed the attractive yet dynamic reinsurance market, noting that buyers can seize a strategic advantage amid global reinsurance capital reaching a record $735 billion as of June 30, 2025. According to the firm's new report, the record reinsurance capital was driven mainly by retained and ... Read the full article

Tim Barber becomes CEO, London for Price Forbes Re

5th September 2025

Independent reinsurance broker Price Forbes Re has announced the appointment of Tim Barber as CEO, London, reporting directly to Chris Bonard, president of the company. Barber brings over four decades of industry experience to his new role. As part of his responsibilities, he will lead Price Forbes’ London reinsurance operations and ... Read the full article

Apollo receives Lloyd’s approval to establish ReShare Syndicate 1972

5th September 2025

Apollo, the technology-driven insurance platform, has received “in principle” approval from Lloyd’s Council to establish Apollo ReShare Syndicate 1972, which is expected to commence underwriting on 1st January 2026. The new syndicate will provide follow-only capacity on the outwards reinsurance programmes for Apollo-managed syndicates. It will be led by Paul Sandi, Head ... Read the full article

Pool Re targets ‘perception gap’ with Treaty reforms to expand terrorism cover

5th September 2025

Only around 4% of UK SMEs currently buy terrorism insurance, a shortfall Pool Re attributes as much to a “perception gap” as to cost, with many businesses unaware that terrorism risks are excluded from standard policies, prompting a Treaty overhaul designed to embed cover more seamlessly and boost take-up while ... Read the full article

Gallagher Re names Max Garratt & Russell Hails as Executive Directors

5th September 2025

Global reinsurance broker Gallagher Re has announced the appointments of Max Garratt and Russell Hails as Executive Directors for its Australia team. Garratt brings over 20 years of industry experience to his new role. He joins Gallagher Re from Lockton, where he served as a Partner. Prior to that, he was ... Read the full article

Rokstone appoints Allman and Turgeon as Senior Underwriters, NA Inland Marine

5th September 2025

Rokstone, the international specialty re/insurance managing general agent (MGA) and part of the Aventum Group, has appointed Adrianna Allman and Charles Turgeon as Senior Underwriters in its North American (NA) Inland Marine division. The appointments align with the MGA's ambitious growth strategy for the class. The MGA's Inland Marine underwriting team ... Read the full article

Planette’s quantum-inspired forecasting system to improve extreme weather prediction

5th September 2025

In a move to combat the growing challenges of extreme weather, the U.S. National Aeronautics and Space Administration (NASA) has chosen Planette, a long-range weather prediction technology company, to develop QubitCast, a next-generation forecasting system. This new system aims to provide more accurate and timely predictions for extreme events like heavy ... Read the full article

Blenheim Underwriting adds SCOR Syndicate’s Lawson & Hewlett as property underwriters

5th September 2025

Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has appointed Phil Lawson and Alex Hewlett as Class Underwriters, effective February 2026. The pair will join the delegated authority team, further strengthening the MGA's highly regarded property account. Blenheim stated that combined, they bring 50 years of industry experience. The ... Read the full article

MENA reinsurance market maintains strong capacity despite heightened challenges, says AM Best

5th September 2025

AM Best, a credit rating agency and provider of insurance market intelligence, reports that reinsurers operating in the Middle East and North Africa (MENA) are facing a complex and demanding environment. According to AM Best, these market participants must navigate rising natural catastrophe activity, fluctuating oil prices, increasing geopolitical tension, elevated ... Read the full article

SiriusPoint appoints Martin Hudson as Board Director

5th September 2025

Bermuda-domiciled global specialty insurer and reinsurer SiriusPoint Ltd. has appointed Martin Hudson as Board Director, effective September 1st, 2025. Hudson has over four decades of international re/insurance leadership experience, spanning underwriting, risk management, governance, and executive management. His leadership experience covers wholesale and retail insurance, specialty and reinsurance markets, and global operations ... Read the full article