Reinsurance News
NFP promotes Noel to EVP and CFO
12th December 2025
NFP, an Aon company and provider of property and casualty (P&C) brokerage and benefits consulting, has promoted and expanded Caleb Noel's role to Executive Vice President (EVP) and Chief Financial Officer (CFO). Noel is based in Austin and will report to Doug Hammond, Chief Executive Officer of NFP, along with the ... Read the full article
Marine insurance sector faces rising geopolitical and climate-related risks: Kennedys
12th December 2025
Rising geopolitical tensions, ongoing trade disputes, climate-related hazards, and post-Brexit regulatory challenges are creating a complex and volatile risk environment that is testing the resilience of the global marine insurance industry, according to global law firm Kennedys. Chris Chatfield, Partner, and Shaan Burton, Partner at Kennedys, emphasised that the geopolitical landscape ... Read the full article
Munich Re’s HSB Managing Director Terry Dyson to retire in March
12th December 2025
HSB (UK & Ireland), a provider of engineering insurance and inspection services, has announced that Terry Dyson, the Managing Director, has decided to retire at the end of March 2026. Dyson has an insurance industry career spanning four decades. He joined HSB in 2019, eventually becoming the Commercial Director in 2022, ... Read the full article
Oaktree and Lane42-backed Avocet Partners launches, to acquire EMC Life
12th December 2025
Avocet Partners, a new insurance-focused investment and operating platform, has launched backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management, L.P. and Lane42 Investment Partners, LLC. Led by an experienced founding team of operators with a proven track record of building, scaling, and managing insurance ... Read the full article
Geopolitical alignment essential in new era of tariff deals: Willis
11th December 2025
Geopolitical alignment has now become essential for internationally exposed firms’ risk management strategies amid a new trade paradigm, Willis, a WTW business, argues in its latest Political Risk Index. The global trade landscape has been fundamentally reshaped in 2025, driven by a wave of new US tariff deals that prioritise national ... Read the full article
IQUW Bermuda appoints Tristram Prior to lead latest product expansion
11th December 2025
Specialty insurer and reinsurer IQUW Bermuda has announced the appointment of Tristram Prior as Head of Professional Lines & Cyber Insurance, where he will lead the launch of its Directors’ & Officers’ (D&O), Financial Institutions (FI) and Cyber insurance products in Bermuda. Prior will transfer to Bermuda, subject to immigration approval, ... Read the full article
Aon provides enhanced access to Latin America catastrophe models via Oasis LMF
11th December 2025
Aon plc, a professional services firm, has announced that its Impact Forecasting team is now providing ERN’s Latin America catastrophe models to clients through the Oasis Loss Modelling Framework (Oasis LMF). Latin America is emerging as a key region for re/insurers seeking portfolio diversification. Although the region faces climate-related hazards, its ... Read the full article
Younes to join Tysers Non-Marine team in Dubai as Divisional Director
11th December 2025
Tysers, an independent Lloyd’s insurance broker, part of the Australian AUB Group, has announced the appointment of Younes Younes as a Divisional Director within its Non-Marine team in Dubai. In his new role, Younes will help to drive the development of Tysers’ Property offering within the Reinsurance division. Younes commented: “I am ... Read the full article
Serenova Re appoints Stelian Dragan as Chief Business Development Officer
11th December 2025
Serenova Re, a Bermuda-based reinsurance company backed by Bain Capital and part of the Federal Life Group, has announced the appointment of Stelian Dragan as Chief Business Development Officer. In his new role, Dragan will lead business development strategy, advance market partnerships, and support Serenova Re’s continued expansion across the reinsurance ... Read the full article
ACCC opposes IAG’s acquisition of RAC WA’s insurance arm
11th December 2025
The Australian Competition and Consumer Commission (ACCC) has announced its opposition to Insurance Australia Group Limited’s (IAG) proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia Inc, citing concerns that the deal would likely lead to a substantial reduction in competition in the ... Read the full article
Citizens proposes rate reductions for many policyholders
11th December 2025
Citizens Property Insurance Corporation, Florida’s state-backed insurer created to provide coverage when private options are unavailable, announced Wednesday that its Board of Governors has approved proposed 2026 rates that would lower average premiums for personal lines customers for the first time since 2015, reflecting how recent legislative changes have strengthened ... Read the full article
RGA welcomes Ryan Krueger as Senior VP, Investor Relations
11th December 2025
Reinsurance Group of America (RGA), Incorporated, a global life and health reinsurer, has announced the appointment of Ryan Krueger as Senior Vice President, Investor Relations, effective January 5, 2026. Reporting to Executive Vice President and Chief Financial Officer Axel André, Krueger will take on a leadership role in RGA's investor relations. He ... Read the full article
LGRA estimates $9bn total premium for US PRT market in Q3’25
11th December 2025
Legal & General Retirement America (LGRA), a business unit of Legal & General America, has estimated that total premium of the US Pension Risk Transfer (PRT) market for the third quarter of 2025 will be around $9 billion, a decrease compared to $15.5 billion in Q3’24. During the first half of ... Read the full article
Chris Aries to serve as General Counsel, Howden US
11th December 2025
Howden, the global insurance and reinsurance broking group, has appointed Chris Aries as General Counsel of its US retail broking and advisory business. In his new role, Aries will serve as the primary legal advisor to Howden’s US business, covering both specialty and retail insurance lines. He joins the senior leadership team, ... Read the full article
Lower reinsurance costs drive reduced insurance rates in Louisiana
11th December 2025
Louisiana Insurance Commissioner Tim Temple has approved requests from SureChoice Underwriters Reciprocal Exchange (SURE) and Elevate Reciprocal Exchange for an average 7.5% rate reduction, benefiting the companies’ more than 73,000 homeowners policyholders and over 17,000 dwelling policyholders. The changes, which take effect on February 16, 2026, reflect statewide averages, meaning each ... Read the full article
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