Reinsurance News
Hiscox lifts return estimates for syndicates 33 and 6104
12th August 2025
International specialist insurer Hiscox has disclosed current estimates for Syndicate 33's and Syndicate 6104's 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12% to 22% on its capacity of £1.699 billion, of which Hiscox holds a 73% share. ... Read the full article
Specialist Risk Group acquires London-based broker City Quarter Brokers
12th August 2025
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an independent international insurance and reinsurance broker with full access to Lloyd’s and the London Company ... Read the full article
Lockton unveils new U.S. practice alignment to better serve clients
12th August 2025
Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transportation Practice Leader; Rob Hausler, U.S. Energy Practice Leader; Eric Braverman, U.S. Law Firms Practice Leader; Anita ... Read the full article
Canada Life Re’s base earnings grow 9% in Q2’25 to $229m
12th August 2025
Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s robust year-on-year growth in Q1 2025, when it also cut its ... Read the full article
Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff
12th August 2025
Hannover Re, one of Europe's big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm's ceding companies, while the carrier's appetite for natural catastrophe risk is also growing, according to Sven Althoff, Member of ... Read the full article
Davies names Richard Barke as CEO of Insurance Solutions division
12th August 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth strategy, working closely with Davies’ global leadership team to advance continued investment in technology ... Read the full article
Ategrity’s underwriting income up 119.1% as CoR improves to 88.9% in Q2’25
12th August 2025
Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ratio of 88.9% from 94.0%. The lower combined ratio was driven by improvements in both the loss ... Read the full article
Swiss Re CorSo names Sawalani as Head of Customer & Distribution Management, SEA
12th August 2025
Swiss Re Corporate Solutions (CorSo), the commercial insurance arm of reinsurance giant Swiss Re, has appointed Preeti Sawalani as Head of Customer and Distribution Management, Southeast Asia (SEA), effective September 1st, 2025. In her new role, Sawalani will lead the customer and distribution strategy across Southeast Asia, working closely with internal ... Read the full article
Atrium expands Aviation underwriting team with new hire
12th August 2025
Atrium, an insurance group operating within Lloyd’s market, has announced the appointment of Rob James as an Underwriter in its Aviation division. Atrium provides tailored insurance solutions across various specialty sectors, including aviation. James will work alongside Bassel Matta, Head of Aviation, to support the ongoing development of their aviation insurance ... Read the full article
PIC concludes £36m buy-in with Helaba Pension and Life Assurance Plan
12th August 2025
Pension Insurance Corporation, a specialist insurer of defined benefit pension schemes, has concluded a £36 million buy-in with the Helaba (London) Pension and Life Assurance Plan, covering the pensions of all 156 members. Helaba Group is a commercial bank, central bank and partner to the German Sparkassen, as well as a ... Read the full article
TransRe collaborates with Cytora to enhance facultative risk processing efficiency
12th August 2025
TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide facultative operations. The integration is expected to help TransRe manage higher volumes of facultative submissions more effectively, lower operational ... Read the full article
Pacific Life Re appoints new leaders in Asia to strengthen regional partnerships
12th August 2025
Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The two new appointments reinforce the reinsurer's focus on strengthening client partnerships ... Read the full article
Hannover Re posts 13% rise in net income as Group revenue hits €13.3bn in H1’25
12th August 2025
European reinsurer Hannover Re has reported a 3.3% rise in gross reinsurance revenue to €13.3 billion for the first half of 2025, with solid revenue growth in property and casualty (P&C) more than offsetting a slight contraction in life and health (L&H), despite high catastrophe losses in the period. Group-wide, Hannover ... Read the full article
Send names Laura Wathen as Chief Financial Officer to support global growth
12th August 2025
Send Technology Solutions Ltd (Send), a provider in the insurtech space, has named Laura Wathen as its Chief Financial Officer (CFO) as the company prepares for its next stage of global growth. Wathen previously held the CFO role at fintech platform Funding Xchange, where she played a central role in securing ... Read the full article
Chubb promotes Steve Haney to President and CUO of Global Surety
12th August 2025
Global insurer Chubb has announced the promotion of Steve Haney to President and Chief Underwriting Officer (CUO) of Global Surety. In this role, Haney will have executive operating responsibility for strategy, underwriting, and profit and loss (P&L) across Chubb's Global Surety business. He will report to Juan Luis Ortega, Executive Vice President, ... Read the full article
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