Reinsurance News
Oceanview Re names Timothy Gasaatura as President & CEO
3rd September 2025
Oceanview Reinsurance Ltd. (Oceanview Re), a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Timothy Gasaatura as President and CEO. Gasaatura succeeds Stelian Dragan, who has chosen to relocate to the US after serving as President and CEO of Oceanview Re for the past three years. Since June 2024, Gasaatura ... Read the full article
Thompson to succeed Schaefer as President & CEO of Hannover Re US
3rd September 2025
Hannover Life Reassurance Company of America (Hannover Re US) has announced key leadership appointments, effective January 1, 2026, including the promotion of Clint Thompson to President and Chief Executive Officer (CEO). Thompson will be succeeding Pete Schaefer, who will retire on December 31, 2025, after more than two decades of service ... Read the full article
Aon to sell majority of NFP’s wealth business to Madison Dearborn Partners
3rd September 2025
Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP's wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration estimated to be $2.7 billion at the time of close. NFP is a subsidiary of Aon and ... Read the full article
Gallagher adds Andy Winwood as a Senior Executive
3rd September 2025
Insurance and reinsurance broking group Gallagher has appointed Andy Winwood as a Senior Executive, where he will support Nadim Semaan, Senior Executive Officer, in running the firm's Middle East & Africa business focusing on large clients, market engagement, business development, and regional expansion. Winwood had 35 years of insurance industry experience. ... Read the full article
Davies launches specialist P&C wholesale broker AG London
3rd September 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has launched Assurex Global London Limited (AG London), a bespoke specialist property and casualty wholesale brokerage. AG London, part of the Assurex Global group - an exclusive partnership of independent agents and brokers, aims to provide enhanced services ... Read the full article
Brown & Brown COO Steve Hearn to lead all operations outside NA
3rd September 2025
Brown & Brown, an insurance brokerage and risk management firm, has announced that Steve Hearn, Chief Operating Officer (COO), will lead all operations outside of North America across both the Retail and Specialty Distribution segments. Hearn brings 35 years of insurance industry experience. He joined Brown & Brown in August 2024 ... Read the full article
Increased demand drives LatAm reinsurance growth despite challenging conditions: AM Best
3rd September 2025
Despite the challenging conditions in Latin America in 2025, reinsurance markets in the region continue to expand, driven by increased demand and greater dynamism, according to a recent AM Best report published ahead RVS 2025 in Monte Carlo. One of the challenges is that disinflation is slowing and economic growth is ... Read the full article
CFC appoints Jane Poole as Group CFO
3rd September 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Jane Poole as Group Chief Financial Officer (CFO). Poole succeeds current Group CFO Michael Grist, who has served for nearly 16 years. Grist will step back from day-to-day responsibilities later this year but will remain ... Read the full article
Buyers expect property reinsurance pricing to fall as demand rises & attachment points hold: Moody’s
3rd September 2025
The 2025 reinsurance buyers survey from Moody's Ratings reveals a "decisive shift towards rate reductions" for property reinsurance risks when compared to prior years, while demand for coverage is expected to rise as attachment points hold for another year. This annual survey conducted by Moody's, released ahead of RVS 2025 in ... Read the full article
Acrisure Re introduces AcrisureIQ for portfolio and reinsurance optimisation
3rd September 2025
Acrisure Re, the reinsurance division of Acrisure, has announced the release of AcrisureIQ Pro, a new tool aimed at helping clients analyse and adjust their portfolios and reinsurance programmes. AcrisureIQ PRO becomes part of AcrisureIQ, the firm's proprietary analytics platform built to convert data into practical insights. The AcrisureIQ platform consists of ... Read the full article
It’s a dynamic, competitive yet reasonably disciplined reinsurance market: Urs Baertschi, Swiss Re
3rd September 2025
The reinsurance industry has been operating reasonably efficiently and has shown resilience to large losses like the Los Angeles wildfires in January, and, after the 2025 renewal periods, Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at industry giant Swiss Re, expects discipline to be maintained. Read the full article
ADNOC and RIQ announce $500m AI-powered reinsurance collaboration
3rd September 2025
RIQ, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has partnered with ADNOC, a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, to collaborate on a long-term reinsurance strategy targeting USD 500 million in risk transfer over the next decade. RIQ, the ... Read the full article
Effective cycle management critical to navigating volatility: Gallagher Re’s Wakefield
3rd September 2025
Gallagher Re’s CEO, Tom Wakefield, has highlighted robust global reinsurance capital and manageable loss ratios as the market heads towards the 67th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo this week, emphasising that effective cycle management will be critical for navigating volatility and sustaining profitability in an ... Read the full article
SCOR places €500m subordinated notes set to mature in 2055
3rd September 2025
French reinsurer SCOR has successfully placed €500 million Fixed to Floating Rate Subordinated Notes with institutional investors, which mature on September 10, 2055, and are eligible as Tier 2 regulatory capital under Solvency II. The notes are rated A- by S&P Global Ratings Europe Limited, and SCOR explained that the transaction ... Read the full article
Aon highlights $5bn reinsurance premium opportunity from emerging casualty risks
3rd September 2025
In its latest casualty sector update, developed in collaboration with Moody's, Aon revealed that emerging risks, such as PFAS contamination, addictive software design, and microplastics, could contribute approximately $5 billion of reinsurance premium annually while also reshaping the liability landscape, presenting insurers and reinsurers with challenges and volatility but also ... Read the full article
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