Reinsurance News
European ‘Big Four’ maintain property cat appetite in 2025: AM Best
29th August 2025
The European “Big Four” reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—still have appetite for property catastrophe, despite market conditions beginning to show signs of softening, according to a recent AM Best report. The ratings agency noted that this appetite comes after a period of portfolio right-sizing, higher attachment points, and ... Read the full article
HDI Global appoints Nikita Tikhonov as Head of Marine Global Risk
29th August 2025
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Nikita Tikhonov as its new Head of Marine Global Risk, effective 1st September, 2025. Based at HDI Global's Hannover, Germany headquarters, Tikhonov will report to Dr. Carsten Schulte, Head of Marine Underwriting. He will oversee a team of ... Read the full article
Swiss Re’s Urs Baertschi calls for stronger collaboration to manage rising nat cat losses
28th August 2025
Urs Baertschi, CEO of Property & Casualty Reinsurance at Swiss Re, recently shared his perspective on the challenges and opportunities facing the insurance industry in 2025. Reflecting on his personal aversion to roller coasters, Baertschi compared the highs and lows of amusement rides to the unpredictability of the current risk landscape, ... Read the full article
Guy Carpenter names Goodman Chief Client & Growth Officer
28th August 2025
Guy Carpenter, a Marsh McLennan business, has announced the appointment of Jeremy Goodman as Chief Client & Growth Officer, a newly created global role. Based in New York, Goodman will be reporting to Dean Klisura, President & CEO of Guy Carpenter, and will join Guy Carpenter’s Executive Committee. In his new position, ... Read the full article
Reinsurers’ catastrophe appetite slows in 2025 as pricing softens: S&P
28th August 2025
Although reinsurers continue to expand their natural catastrophe business, the pace of growth has slowed from last year and is expected to remain subdued in 2026 as pricing conditions soften, according to a recent report by S&P Global Ratings. In 2024, the top 19 reinsurers’ aggregate risk exposure rose 14%, but ... Read the full article
Record $121bn alternative capital signals further growth in ILS market: Aon
28th August 2025
Aon’s latest report has revealed that alternative capital surged to a record $121 billion by June 30, 2025, as cedents increasingly turn to solutions beyond the traditional reinsurance market. H1 2025 saw the structuring of 56 catastrophe bonds with an issuance total of $17 billion, matching the full-year 2024 total in ... Read the full article
US cyber insurance market sees first decline in premiums since 2018, QualRisk reports
28th August 2025
According to the 2025 US Cyber Insurance Monitor (UCIM) from the advisory firm QualRisk Cyber Insurance Center (QCC), the US cyber insurance market experienced its first reduction in reported premiums since the NAIC began collecting data in 2018. Admitted direct written premiums dropped 2.3% to $7.1 billion in 2024, signalling a ... Read the full article
McKenzie Intelligence Services and Eagleview partner to support cat response for insurance industry
28th August 2025
McKenzie Intelligence Services (MIS), a provider of geospatial intelligence, and Eagleview, a developer of advanced geospatial technology, have announced a collaboration to strengthen the insurance industry’s capabilities in responding to large-scale events across North America. The partnership combines MIS’s rapid and precise military-grade intelligence analysis with Eagleview’s high-resolution aerial imagery captured ... Read the full article
Accelerant’s net income soars 242% to $13.1m in Q2’25
28th August 2025
Accelerant Holdings has reported a net income of $13.1 million for the second quarter of 2025, marking a 242.4% increase from a net loss of $9.2 million in the same period a year earlier. Total revenues for the quarter reached $219.1 million, up from $130.1 million in Q2’24. This included net ... Read the full article
ILS market continues to break records: Fitch Ratings
28th August 2025
Insurance linked securities (ILS) capital has continued to break records in 2025, according to a recent report by Fitch Ratings, with catastrophe bonds issuance reaching unprecedented numbers, total alternative capital also hitting a record high, and sidecar growth. A surge in investor interest, both existing players and new entrants, has funnelled ... Read the full article
Talanx expands Stephanie Bode’s role in reinsurance leadership
28th August 2025
Talanx Group, the German insurance and reinsurance group and parent company of HDI Global, has expanded Stephanie Bode’s responsibilities within its Reinsurance division. Bode will continue as Head of Reinsurance at HDI Global while also taking on leadership of the Corporate & Specialty Lines department within Talanx Group Reinsurance, serving in ... Read the full article
Cyber incident response planning a key control in reducing cyber risk: Marsh
28th August 2025
Cyber incident response planning has emerged as a key cybersecurity control in reducing the likelihood of a breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that organisations that regularly engage in tabletop exercises and scenario-based breach response drills are ... Read the full article
Aon appoints Tom Anderson as Head of Professional Services
28th August 2025
Aon, a global insurance and reinsurance broking group, has appointed Tom Anderson as Head of Professional Services, Global Broking Centre (GBC), London. In his new role, Anderson will be responsible for leading and overseeing strategic advisory, operational efficiency, and client service delivery across broking activities for Professional Services in the GBC. He ... Read the full article
Reinsurance growing as a strategic capital and risk management tool: AM Best
28th August 2025
US life and annuity (L&A) insurers are increasingly turning to reinsurance as a strategic capital and risk management tool, with leverage ratios climbing steadily over the past decade, according to a new report from AM Best. In a new report, the rating agency noted that reinsurance leverage for the US L&A ... Read the full article
Gallagher Re names Xander Georgetti as Executive Director, Specialty Lines UK
28th August 2025
Global reinsurance broker Gallagher Re has announced the appointment of Xander Georgetti as Executive Director within its Specialty Lines UK team. In his new role, Georgetti will be responsible for the production and placement of Credit, Surety, and Political Risk business, focusing on both UK and global clients. He joins Gallagher Re ... Read the full article
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