Reinsurance News
Applied Systems acquires Cytora to solidify position as insurance AI leader
9th September 2025
Applied Systems has acquired Cytora, a digital risk processing platform for the insurance industry. Applied Systems explained that the acquisition will combine Cytora’s AI-driven risk digitisation platform with Applied’s insurance solutions for agencies, carriers, and MGAs, enabling intelligent automation, connectivity, and collaboration across the policy lifecycle. For Cytora, the acquisition will reportedly ... Read the full article
Canopius Group appoints Ray Wong as Energy Underwriter in Singapore
9th September 2025
Canopius Group, a specialty and P&C re/insurer, has announced the appointment of Ray Wong as Energy Underwriter, effective 4 September 2025. Wong will be based in Singapore, joining the APAC Energy team under the leadership of Johnny Kim, Head of Energy and Construction, APAC. With more than 14 years of experience, Wong ... Read the full article
Hannover Re reports stable reinsurance pricing and strong ILS activity in 2025
9th September 2025
Hannover Re, the reinsurance group, shared its latest insights on global re/insurance markets during the 2025 Monte Carlo Rendezvous. The company reports that geopolitical tensions and ongoing conflicts continue to affect the marine and offshore energy sectors. Recent attacks on commercial shipping in the Red Sea have had limited financial impact but ... Read the full article
QRG highlights agility and senior expertise amid shifting market dynamics
9th September 2025
Speaking with Reinsurance News at the 67th Rendez-Vous de Septembre in Monte Carlo, QRG executives Nick Pomeroy and John Harris described how the London-based Lloyd’s specialist combines agility and deep market experience to deliver international insurance and reinsurance solutions, including infrastructure, capacity sourcing, and programme design for Coverholders and MGAs According ... Read the full article
AM Specialty promotes Olivia Barder to COO
9th September 2025
AM Specialty Insurance Company (ASIC), a domestic excess and surplus insurer and accredited reinsurer, has promoted Olivia Barder to Group Chief Operating Officer (COO). This promotion highlights ASIC's focus on building a strong leadership foundation to support growth and expansion in the specialty re/insurance markets. As the COO, Barder will oversee the ... Read the full article
Latin America reinsurers face softer market amid ample global capacity: Fitch
9th September 2025
Fitch Ratings, a provider of credit ratings, research, and analysis, reports that abundant global reinsurance capacity is intensifying competition and weighing on reinsurers’ earnings worldwide, including in Latin America. Fitch explains that international carriers are channeling more capacity into the region—most notably in property catastrophe—to expand their presence and diversify portfolios. ... Read the full article
Diversified reinsurers better positioned to weather softening market, says Berenberg
9th September 2025
At the Monte Carlo Rendez-Vous de Septembre on 8 September, Berenberg, the German investment bank and equity research firm, reported that large, diversified reinsurers are in a stronger position to navigate the current softening market than their less diversified peers. According to Berenberg, firms with exposure across multiple lines, including life ... Read the full article
InEvo Re enters reinsurance agreement covering US liabilities
9th September 2025
InEvo Re, a life reinsurer established by Macquarie Asset Management, has entered into a reinsurance agreement with a U.S.-based life insurer covering approximately $1 billion of long-dated liabilities. This new announcement marks a major milestone for InEvo Re, following its inaugural UK transaction in March 2025. While the U.S.-based life insurer ... Read the full article
We need to focus on actively selling cyber insurance, says Munich Re’s Golling
9th September 2025
During RVS 2025 in Monte Carlo, Stefan Golling, Member of the Board of Management at Munich Re, urged the re/insurance industry to step up efforts in actively selling cyber insurance and related services, particularly to clients who currently lack access. Golling said, “In cyber insurance, I don't want to call a ... Read the full article
ACORD Solutions Group reports dramatic growth in reinsurance digital transactions via ADEPT platform
9th September 2025
ACORD Solutions Group, a provider of digital solutions for the insurance sector, has reported a notable increase in reinsurance transactions processed through its ADEPT platform. Transactions rose 73% from 2024 to 2025, representing more than a 300% increase since 2023. ADEPT (ACORD Data Exchange Platform and Translator) allows for the exchange ... Read the full article
Certa secures £157m Lloyd’s capacity for non-US primary tax risks
9th September 2025
Certa has announced an increase in its available Lloyd’s capacity for non-US primary tax risks, now reaching up to £157 million. Certa is an independent specialist underwriting agency and Lloyd's Coverholder providing tailored tax insurance solutions globally. This development allows the company to provide even more meaningful and material capacity to clients ... Read the full article
Xceedance calls for data-led innovation in reinsurance
9th September 2025
In a recent interview with Reinsurance News, Isabelle Clausner, Vice President and Client Executive, and Gavin Lillywhite, SVP Operating Leader UKI & Europe at Xceedance, shared their perspectives on some of the most pressing issues facing the insurance and reinsurance sectors. The two executives discussed the need for greater product development, ... Read the full article
There will be pockets of softness and hardness in the non-cat space: Conduit Re CEO
9th September 2025
Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said this morning at the company's briefing in Monte Carlo at RVS 2025, that there will be areas of softness and hardness in the non-catastrophe space heading into 2026. While property cat often dominates headlines in the reinsurance ... Read the full article
Aon, Generali & QBE support The Spark launch, world’s first global prevention lab
9th September 2025
The insurance industry has launched The Spark, a global prevention laboratory aimed at transforming the insurance industry’s approach from reacting to losses to preventing them before they occur. The Spark brings together re/insurers and brokers, including Aon, Generali and QBE Ventures, with additional companies in advanced stages of joining, to collaborate ... Read the full article
Reinsurers headed toward meeting their cost of capital in 2025: AM Best
9th September 2025
Unless the market experiences an additional $16 billion in net reinsurance losses between now and year-end, AM Best's composite of top global reinsurers are set to meet their cost of capital in 2025. In a new report released at the Rendez-Vous de Septembre in Monte Carlo, the rating agency noted that ... Read the full article
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