Reinsurance News
Chaucer goes live with WCL’s Alternate Solution ahead of Blueprint 2
20th August 2025
Chaucer Group is now live with Web Connectivity Limited’s (WCL) messaging solution Alternate, in preparation for Blueprint 2, the transformation project in the London market that plans to update the central market messaging infrastructure. Alternate will allow Chaucer to process 'unsupported' messages from Velonetic, an insurance technology solutions provider. Hayley Spink, Chaucer ... Read the full article
ASR accredited to offer reinsurance capacity in Rwanda
20th August 2025
Africa Specialty Risks (ASR), a developing markets-focused re/insurance group, announced it will now offer reinsurance capacity and support to the Rwandan insurance market, following accreditation by the National Bank of Rwanda (NBR). This significant and unitary accreditation applies to the entire ASR Group, which includes ASR Re, our Lloyd's Syndicate 2454 ... Read the full article
Rising wildfire risk puts millions of western US homes in danger: Cotality
20th August 2025
Wildfires, once primarily associated with a seasonal pattern, are now a year-round threat across the Western United States, according to the 2025 Cotality Wildfire Risk Report: Priced Out & Burned Out. The report, released today by Cotality, a provider of property data and analytics solutions, highlights the growing vulnerability of homes ... Read the full article
Reinsurance market will continue to thrive in 2025 despite modest softening: AM Best
20th August 2025
AM Best has noted that the property reinsurance market remains stable at mid-year 2025, with modest softening appearing at the highest attachment layers, yet the agency expects overall conditions to remain robust through year-end. Following years of subpar underwriting and not covering the cost of capital, the recalibration of the January ... Read the full article
Ventis expands capacity to £70m per location
20th August 2025
Ventis, a commercial and residential real estate MGA, has increased its underwriting limits and can now cover single buildings or assets up to £70 million per location. Despite the higher limits, Ventis is committed to keeping things simple. The company continues to prioritise clear processes and swift decision-making, so brokers and ... Read the full article
Coalition launches its Active Cyber Insurance in France
20th August 2025
Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. With capacity provided by Allianz Commercial via Allianz Global Corporate & Specialty SE (AGCS) - in a multi-year agreement - Active Insurance is now ... Read the full article
Rokstone Agriculture launches equine mortality product line with new capacity
20th August 2025
Rokstone Agriculture, a MGU specialising in agriculture and livestock, part of re/insurance MGA Rokstone, has secured new capacity to launch a new equine mortality product line for the US market across 19 states. The new product has USD 1,000,000 in admitted capacity came from Professional Solutions Insurance Company (PSIC). This move is ... Read the full article
QBE promotes Virginie Massé to Head of European Claims
20th August 2025
Australian insurer QBE has announced the promotion of Virginie Massé to Head of European Claims, effective 1st September 2025. In her new role, Massé will remain based in Paris and report to Mike East, Claims Director at QBE European Operations (EO). She brings 25 years of experience in claims and has spent ... Read the full article
Aon names Tony DeMarco as Reinsurance MD
20th August 2025
Aon, a global insurance and reinsurance broking group, has hired Tony DeMarco from Gallagher Re as Managing Director within its Reinsurance Solutions division, based in New York. In his new role, DeMarco will support the design and execution of casualty placements, drawing on his analytical foundation and international experience. He has over ... Read the full article
W. R. Berkley introduces Berkley Edge, a new specialty insurance provider
20th August 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has announced the creation of Berkley Edge, a business dedicated to delivering professional liability and casualty insurance solutions for small to mid-sized companies. Berkley Edge will concentrate on accounts that are considered difficult to place or distressed, offering its ... Read the full article
MGA Novus Underwriting adds Collinson Group to warranty & affinity panel
20th August 2025
Novus Underwriting, a specialist global wholesale warranty and affinity MGA and part of the Aventum Group, has partnered with Collinson Insurance for its annually renewable warranty products, covering more than 500,000 policies. The new exclusive binding authority with Collinson Insurance strengthens Novus’ position in the UK and complements its existing relationships ... Read the full article
Optio Group names Carrie-Ann Hallett as Head of Insurer Partnerships
20th August 2025
Optio Group, a specialty managing general agent (MGA) providing underwriting and distribution solutions across multiple lines of business, has announced the appointment of Carrie-Ann Hallett as Head of Insurer Partnerships, effective immediately, based in London and reporting to Chief Underwriting Officer, Gary Head. Hallett joins Optio from Deloitte, where she was ... Read the full article
AM Best upgrades outlook on Dunav-Re’s credit rating amid strengthened financial backing
20th August 2025
AM Best, the credit rating agency, has changed the outlook on the Long-Term Issuer Credit Rating (Long-Term ICR) of Dunav-Re a.d.o (Dunav-Re), based in Serbia, from stable to positive. At the same time, the agency affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good). ... Read the full article
Canopius names Jinnan Tang as Casualty Treaty Underwriter
20th August 2025
Global specialty re/insurer Canopius Group has appointed Jinnan Tang as a Casualty Treaty Underwriter, effective August 11th, 2025, based in Singapore. Tang joins the Asia Pacific (APAC) regional team, reporting to Andrew Parker and Micia Yong in their respective leadership roles. He has over 12 years of experience across underwriting, pricing, ... Read the full article
US P&C insurance industry to remain profitable for several years: S&P
19th August 2025
The US property and casualty (P&C) insurance sector is projected to remain profitable for the next several years, driven mainly by a rapid turnaround in the private auto sector in 2024, according to a recent S&P report. Rating agency S&P’s Global Market Intelligence 2025 US Property and Casualty (P&C) Insurance Market ... Read the full article
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