Reinsurance News
AXA announces a number of leadership changes ahead of next strategic cycle
17th October 2025
French insurer AXA, has announced a number of changes within its leadership team in preparation for its next strategic cycle. The changes, effective December 1st, 2025, are designed to support continued growth and accelerate operational transformation, according to Thomas Buberl, CEO of AXA Group, who stated: “AXA is well on track to ... Read the full article
Resilience broadens Tech E&O reach across US, UK, and EU markets
17th October 2025
Cyber risk specialist Resilience has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to include clients with revenues above $25 million in the US, £50 million in the UK, and €25 million in the EU. The expansion builds on Resilience’s existing coverholder partnership with Lloyd’s, through which the ... Read the full article
Stability & consistency key for Swiss Re ahead of Baden-Baden & Jan renewals: Nikhil da Victoria Lobo
17th October 2025
Global reinsurance giant Swiss Re will have a key focus on stability and consistency during its negotiations with clients at the 2025 Baden-Baden Reinsurance Meeting, as the market navigates underlying strengths and challenges ahead of the key January 1st renewal season, according to Nikhil da Victoria Lobo, Head of P&C ... Read the full article
MNK International appoints James Gorsuch as Associate Director of UK & International Real Estate
17th October 2025
MNK International, part of the MNK Group and an independent Lloyd’s broker, has expanded its real estate services with the appointment of James Gorsuch as Associate Director of UK and International Real Estate. Gorsuch has over 10 years of experience in real estate insurance, having worked at both global and independent ... Read the full article
AI-native insurer MGT closes $21.6m Series B funding round
17th October 2025
MGT, a vertically AI-native neo-insurer, has closed an oversubscribed $21.6 million Series B funding round led by new investor Mubadala Capital, with participation from Clocktower Ventures, Tacora Capital, and existing backers. The company said the new capital will support its mission to modernise commercial property and casualty (P&C) insurance and deliver ... Read the full article
Lockton Re hires Aon’s David Bell as Head of Aviation
17th October 2025
Lockton Re, the reinsurance arm of the privately held independent insurance broker, has appointed David Bell as Head of Aviation, based in London. In his new role, Bell, who has experience in global aviation treaties and excess of loss programmes, including both satellite business and major North American placements, will work ... Read the full article
Coalition’s excess cyber insurance launches in Quebec
17th October 2025
Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Excess Cyber Insurance policies in Quebec, as well as its refreshed Excess offering across Canada. Canadian businesses, including those in Quebec, will now be able to enhance their cyber risk management with the refreshed Excess offering. Coalition’s ... Read the full article
Sleeman appointed Head of Investor Relations for The Fidelis Partnership
17th October 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the appointment of Andrew Sleeman as Head of Investor Relations. Sleeman, who will also join TFP’s Group Executive Committee, will be responsible for supporting relationships with existing and new capital partners. These strategic partnerships continue to support TFP’s growth momentum, ... Read the full article
MISSION-backed ShelterWind introduces all-wind and hail deductible buyback insurance
17th October 2025
ShelterWind, a programme administrator dedicated to simplifying claims for property owners, has launched a standalone all-wind and hail deductible buyback insurance policy. Designed for middle-market and high-value properties up to $50 million, the coverage is underwritten by Certain Underwriters at Lloyd’s. The policy reduces the out-of-pocket deductible for wind-related events such as ... Read the full article
There’s still ample growth opportunities: Aon re/insurance panel
16th October 2025
Speaking on a panel earlier today as part of global broker Aon's Reinsurance Renewal Season coverage, Rachel Turk, Chief Underwriting Officer at the specialist Lloyd's insurance and reinsurance marketplace, said that there's "plenty of growth opportunities around" as the market looks to stay ahead of volatility. Moderated by Molly Tully, Executive ... Read the full article
Moody’s upgrades The Hartford ratings and assigns stable outlook
16th October 2025
Moody's Ratings has upgraded The Hartford Insurance Group’s senior unsecured debt rating to A3 from Baa1, and changed the Group’s and its subsidiaries’ outlook to stable from positive. Additionally, the credit rating agency upgraded the insurance financial strength (IFS) ratings of Hartford's primary property & casualty (P&C) insurance subsidiaries to Aa3 ... Read the full article
Q3’25 insured losses lowest since 2006 as protection gap narrows: Aon
16th October 2025
According to Aon’s Q3 2025 global catastrophe report, insured losses totalled $12 billion for the quarter, 72% below the century average and the lowest since 2006, while year-to-date losses reached $114 billion, 37% above the century average, driven by 22 billion-dollar insured loss events. Aon said global economic losses reached $34 ... Read the full article
Gabrielle Griffith appointed Atrium’s Head of Motor
16th October 2025
Atrium, an insurance group operating within Lloyd’s market, has announced the promotion of Gabrielle Griffith to the newly created role of Head of Motor. In her new position, Griffith is set to expand Atrium’s book of North American motor business, with a focus on several key areas, including Auto Physical Damage, ... Read the full article
Reinsurance market remains resilient with sellers eager to deploy capacity: Doyle, MMC
16th October 2025
The reinsurance market remains resilient in the face of elevated losses from natural catastrophe events, geopolitical instability and an uncertain macroeconomic landscape, with reinsurers eager to deploy capacity as competition increases, according to John Doyle, President of global broking group, Marsh McLennan (MMC). Doyle commented on insurance and reinsurance market conditions ... Read the full article
Beat Capital Partners launches financial institutions MGA, led by Blair Bartlett
16th October 2025
Beat Capital Partners, an incubator of underwriting franchises and Ambac subsidiary, has partnered with Crum & Forster executive Blair Bartlett to launch 1889 Specialty Insurance Services, a financial institutions managing general agent (MGA). Based in London, 1889 Specialty will provide management liability and professional lines insurance to small and medium-sized enterprises ... Read the full article
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