Reinsurance News
Climate and inflation pressures drive record losses, according to LexisNexis Risk Solutions
24th October 2025
LexisNexis Risk Solutions, a provider of data and analytics for the insurance and financial industries, has released its 10th annual US Home Trends Report. The study offers a detailed look at how claims trends across different perils are shaping the US home insurance market, helping carriers make more informed decisions in ... Read the full article
James Mitchell joins IQUW Bermuda as CUO
24th October 2025
Specialty insurer and reinsurer IQUW Bermuda has announced the appointment of James Mitchell as Chief Underwriting Officer (CUO) with immediate effect. In his new role, as CUO, Bermuda, Mitchell will be responsible for leading all reinsurance underwriting. He will also play a pivotal role in developing IQUW Bermuda’s underwriting culture of technical ... Read the full article
Universal’s Q3’25 profit surges on lower losses, stronger Florida market
24th October 2025
Universal Insurance Holdings has disclosed a Q3 2025 net income available to common stockholders of $39.8 million, a sharp turnaround from a net loss of $16.2 million in Q3 2024, driven by a lower net loss ratio, higher net premiums earned, and increased net investment income. With lower losses in Q3 ... Read the full article
Cowbell appoints Klipphahn & Hewerdine to strengthen mid-market and claims operations
24th October 2025
Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, has announced the appointments of Jessica Klipphahn as Head of North America Mid-Market and Stephanie Hewerdine as Director of Claims. In her new role, Klipphahn will lead Cowbell’s continued expansion in the mid-market segment, reporting to Simon Hughes, ... Read the full article
MX expands London market capabilities through multi-year partnership with Aviva
24th October 2025
MX, the underwriting division of Specialist Risk Group (SRG), has entered into a strategic multi-year delegated distribution agreement with Aviva to support Trilogy Underwriting. This partnership is expected to generate over £100 million in gross written premium, strengthening MX’s London Market capabilities and accelerating its growth across the UK. With an expanding ... Read the full article
Aon Reinsurance Solutions appoints Secker and De Bosini to EMEA leadership roles
24th October 2025
Aon, a global insurance and reinsurance broking group, has announced the appointments of Andrew Secker as EMEA Chief Client Officer (CCO) for Reinsurance Solutions and Daniele De Bosini as EMEA Chief Broking Officer (CBO) for Reinsurance Solutions. Both Secker and De Bosini will report to Tomas Novotny, EMEA CEO and Chairman ... Read the full article
Moody’s revises outlook for Germany’s P&C insurance sector to stable from negative
24th October 2025
Moody’s Ratings has revised its outlook for Germany’s property and casualty (P&C) insurance sector to stable from negative, citing an expected improvement in underwriting profitability and a return to more balanced market conditions. The change reflects Moody’s assessment that the sector’s combined ratio, which measures claims and expenses as a percentage ... Read the full article
Mike Dalby succeeds Kelly Ogley as CEO of Howden CLC
24th October 2025
Global insurance intermediary group Howden has announced the appointment of Mike Dalby as CEO, Howden Consumer & Local Commercial (CLC), succeeding Kelly Ogley. Dalby takes up this role alongside his existing leadership of Howden’s Consumer Life and Health division. As CEO of Howden CLC, the executive will be responsible for leading the ... Read the full article
£86m traded in first 2025 Lloyd’s capacity auction, highest activity in a decade
24th October 2025
Trading in the first of Lloyd’s three 2025 capacity auctions reached £86 million, marking the most active opening auction in a decade, with capacity changing hands across 21 syndicates. According to data from Argenta, there were £32.7 million of subscriptions (offers to buy) against £35.2 million of tenders (offers to sell), ... Read the full article
CyberCube estimates preliminary AWS outage loss range of $38-581m
24th October 2025
CyberCube, a provider of cyber risk analytics for the re/insurance industry, has estimated a preliminary loss range of $38 million to $581 million for the Amazon Web Services (AWS) outage, which the firm has nicknamed “Amazonk”. This estimate follows the release of CyberCube’s Security Incident Report (SIR) for the event, ... Read the full article
ACORD Solutions Group appoints Dave Matcham as Global Ambassador for Digital Markets
24th October 2025
ACORD Solutions Group, a provider of advanced digital solutions for the global insurance industry, has appointed Dave Matcham as its Global Ambassador for Digital Markets. In this advisory role, Matcham will focus on promoting the advantages of standardised data exchange and strengthening connectivity across major international insurance hubs. Recently retired from his ... Read the full article
Allianz UK announces executive leadership changes
24th October 2025
Allianz UK has announced a number of executive leadership changes, including the appointment of Ulf Lange as Managing Director of Personal Lines, subject to regulatory approval. The executive, who has held the role of Chief Financial Officer (CFO) since 2023, will take up the position on 1 December. Colm Holmes, Allianz UK ... Read the full article
Miller announces new life insurance product to support farmers affected by inheritance tax changes
24th October 2025
Miller, an independent specialist re/insurance broker, has announced the launch of Succession Insurance, a new life insurance product designed to help farmers manage the impact of recent inheritance tax reforms on agricultural assets introduced in the Autumn Budget. The changes to inheritance tax have created new obstacles for farmers planning to ... Read the full article
US P&C rating upgrades rise slightly in H1’25, downgrades hold steady: AM Best
23rd October 2025
In the first half of 2025, US property/casualty (P&C) insurers saw a slight increase in issuer credit rating upgrades, rising to 18 from 16 in the same period a year earlier, while downgrades remained steady at 20, according to a recent AM Best special report. By line of business, five ratings ... Read the full article
Delos expands wildfire coverage to 265,000 additional California homes
23rd October 2025
Delos Insurance Solutions, a property insurance managing general agent (MGA), has announced it will insure 265,000 additional homes across five southern California counties. Delos currently provides coverage for homes across California and the Western US, insuring 2.5 million homes in Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties. The ... Read the full article
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