Reinsurance News

SRG launches new team to serve global clients & brokers with UK subsidiaries

9th October 2025

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the formation of a new international team dedicated to serving the insurance needs of UK subsidiaries of overseas corporates. This initiative will provide global clients and brokers with a dedicated, expert access to the London Market ... Read the full article

Private flood market ready and better prepared to manage risks: Neptune Flood

9th October 2025

A new report from Neptune Flood has suggested that the National Flood Insurance Program (NFIP) continues to assume risks the private market is “ready and better prepared” to handle, with roughly 95% of new policyholders eligible for private coverage. "For more than 50 years, the private insurance industry was unable to ... Read the full article

Westfield Specialty Intl. appoints Andrew Richardson as Head of Open Market Property

9th October 2025

Westfield Specialty International, the London-based specialty insurance arm of Westfield, has announced the appointment of Andrew Richardson as Head of Open Market Property. In his new role, Richardson will be based in London and report directly to Richard Wood, Head of Property at Westfield Specialty International. He brings over three decades of ... Read the full article

Re/insurance is at the heart of Sustainable Development Goals: GIC Re’s Hitesh Joshi

9th October 2025

Delivering a keynote speech at the 29th Federation of the Afro-Asian Insurers & Reinsurers (FAIR) General Assembly in Mumbai, India, earlier this week, Hitesh R. Joshi, Executive Director at Indian reinsurance company GIC Re, said that re/insurance is key to the UN's Sustainable Development Goals (SDGs) as he underlined the ... Read the full article

SI Re names Studer as Underwriting Manager and Dal Moro as Head of Pricing

9th October 2025

Swiss reinsurer SIGNAL IDUNA Rückversicherungs AG (SI Re) is strengthening its presence in the Spanish, Portuguese, and German markets with the appointment of Maximilian Studer as Underwriting Manager and Eric Dal Moro as Head of Pricing. Studer, who joined SI Re as Underwriting Manager in September, will take over responsibility for ... Read the full article

Keogh and Mulshine to serve as Co-Presidents of Ryan Specialty

9th October 2025

Ryan Specialty Holdings, Inc., an international specialty insurance firm, has expanded the roles of Steve Keogh and Brendan Mulshine to include serving as Co-Presidents of Ryan Specialty. Currently, Keogh is the Chief Operating Officer, while Mulshine is the Chief Revenue Officer. In the expanded roles, the pair will report to Tim ... Read the full article

Crystal Venture Partners closes $33m Fund I

9th October 2025

Crystal Venture Partners has closed $33 million Fund I, aimed to back early-stage companies modernising insurance, risk, and other complex systems through artificial intelligence (AI) and sector-specific innovation. Founded by solo GP Jonathan Crystal, Crystal Venture Partners specialises in ‘complex, highly regulated markets’, where new technology, like AI, is poised to ... Read the full article

Rob Arena appointed President of USAA Life Insurance Company

9th October 2025

The United Services Automobile Association (USAA), a provider of insurance, banking, and financial services for military members and their families, has named Rob Arena as President of USAA Life Insurance Company, effective January 5, 2026. Arena brings more than 30 years of experience in life insurance, retirement solutions, and asset management. ... Read the full article

Strong profits continue for US workers’ comp despite pricing cuts: AM Best

8th October 2025

The U.S. workers’ compensation line of coverage remains a key driver of the profitability of property/casualty insurance, although economic uncertainty may lead to some short-to-medium-term turbulence for insurers, according to a recent AM Best report. With a combined ratio of 88.8 in 2024, the lowest among the major P&C lines of ... Read the full article

Applied Systems unveils AI advancements aimed at revolutionising agency workflows

8th October 2025

Applied Systems has announced the next wave of innovation within its Applied Insurance AI™, which includes insurance-specific AI solutions designed to embed intelligence into agency workflows to drive productivity and profitability. Applied Insurance AI delivers connected, intelligent workflows across the entire Digital Roundtrip of Insurance, from sales and marketing to policy ... Read the full article

MAPFRE establishes global technology hubs in Spain, Colombia, and Brazil

8th October 2025

MAPFRE, an international insurance company, has announced the creation of three new technology hubs as part of its broader transformation plan. The initiative focuses on strengthening the company’s technological structure and enhancing its ability to address the needs of both businesses and customers. Spain, Colombia, and Brazil have been selected as the ... Read the full article

Josh Carson named Dallas Business Leader for Aon’s Reinsurance Solutions

8th October 2025

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Josh Carson as Dallas Business Leader. In his new role, Carson will collaborate across all client segments, supporting Aon’s unified U.S. strategy to deliver the best of Aon to every client, everywhere, as part of the ... Read the full article

Pryor-White to head up Blenheim’s new cyber unit

8th October 2025

Blenheim Partnerships has appointed Geoff Pryor-White to head up a new cyber unit, effective immediately. Pryor-White holds 29 years of experience building and scaling teams in the cyber and tech E&O and PI market. In 2016, Pryor-White founded Tarian Underwriting and led the company as CEO through its growth and eventual ... Read the full article

All eyes on re/insurance at NYC Climate Week: S&P

8th October 2025

Re/insurance took centre stage at this year’s Climate Week NYC, held September 21–28, as growing urgency drives the adoption of new strategies and practices to assess climate-related risks, according to S&P. Climate Week NYC 2025, organised by Climate Group in partnership with the UN General Assembly and the City of New ... Read the full article

Boards confident in cyber resilience, yet preparedness often lags: Willis

8th October 2025

Corporate boards express confidence in their cyber readiness, yet board-level data tells a different story, showing that losses are longer, broader, and costlier than leaders expect, according to a recent report by Willis, a WTW business. Willis’ Cyber in Focus 2025 report draws on over 4,650 global cyber claims and board-level ... Read the full article