Reinsurance News
Christoph Spichtig to lead Ageas Re’s APAC Property Underwriting
6th October 2025
Ageas Re, the reinsurance division of international insurance group Ageas, has announced the appointment of Christoph Spichtig to lead its Property Underwriting for the Asia Pacific region, a Zurich-based role. In his new role, Spichtig will leverage his experience in underwriting and management. The executive joined Ageas Re in September following his ... Read the full article
We’re encouraged by strong focus on discipline and transparency: Swiss Re’s Ningen
6th October 2025
In a recent interview with Reinsurance News, Monica Ningen, CEO of Property & Casualty Reinsurance for the US at Swiss Re, one of the world's largest reinsurers, shared her perspective on the US reinsurance market and highlighted reasons for optimism amid ongoing challenges. Reflecting on current conditions, Ningen said, “The US ... Read the full article
MGA Helmsgate secures Lloyd’s Coverholder status, commences underwriting
6th October 2025
OneAdvent-managed MGA Helmsgate Limited has secured Lloyd’s Coverholder status and began underwriting in this capacity on 30 September 2025, with support from a Lloyd’s managing agent and Lloyd’s broker United Insurance Brokers Limited (UIBL). Helmsgate, which specialises in waste and recycling property insurance in Australia, New Zealand, and the UK, noted ... Read the full article
Hannover Re adjusts dividend policy with goal to increase it each year
6th October 2025
In view of the firm's very good capitalisation, the Executive Board of global reinsurer Hannover Re has decided to realign its dividend policy, set to take effect from the 2025 financial year. Under the new policy, the payout ratio for the regular dividend will be raised to approximately 55% of IFRS ... Read the full article
Gallagher Re appoints Carl Axel Holtsmark as Head of Life, A&H, Nordics
6th October 2025
Gallagher Re, a global reinsurance brokerage and risk advisory firm, has announced the appointment of Carl Axel Holtsmark as Head of Life, Accident & Health for the Nordics. In his new role, Holtsmark will lead the delivery of innovative reinsurance solutions, ensuring that Gallagher Re’s Nordic clients benefit from the firm’s ... Read the full article
North America reinsurance market ‘looks healthy and balanced,’ says AXA XL Re’s Schiffer
6th October 2025
In a recent interview with Reinsurance News, Greg Schiffer, CEO of North America Reinsurance at AXA XL Re, shared his perspectives on the sustainability of current market conditions in the region and what lies ahead. We spoke with Schiffer, who joined AXA XL Re from Swiss Re in October 2024, around ... Read the full article
SiriusPoint to sell 49% stake in MGA Arcadian for $139m
6th October 2025
Global specialty insurer and reinsurer SiriusPoint has agreed to sell its 49% equity stake in managing general agent (MGA), Arcadian Risk Capital, to Lee Equity Partners for total consideration of $139 million, inclusive of a pre-close dividend. At the same time, SiriusPoint has announced it has renewed and extended its capacity ... Read the full article
Earnings windfalls and pricing pressure may be the talk of Q3 P&C reporting: KBW
6th October 2025
Analysts at KBW have suggested that very low catastrophe losses, reflecting the near-total absence of U.S.-landfalling hurricanes, together with the resulting strong EPS and BVPS growth, well-funded share repurchases, and larger expected 2026 property reinsurance rate decreases, will dominate Q3 2025 earnings calls. With the peak of the Atlantic hurricane season ... Read the full article
Commercial insurance market increasingly favourable to buyers: Willis
6th October 2025
Following years of volatility, the commercial insurance market is entering a period of relative stability, with favourable conditions for buyers driven by abundant capital, advancing technology, and data-driven risk strategies, according to a recent report by Willis, a WTW business. The sector’s turbulence stemmed from the pandemic, inflationary pressures, and geopolitical ... Read the full article
Starwind Specialty establishes new Marine and Energy unit
6th October 2025
Starwind Specialty Insurance Services, a CRC Group company, has launched a dedicated brand, Starwind Marine and Energy. As part of this initiative, Starwind Specialty will consolidate JH Blades, Southern Marine, and Energy Technical Underwriters (ETU) under the new Starwind Marine and Energy brand, led by Graham Jenks as President. This launch aligns ... Read the full article
Miller appoints Nick Taylor as Head of Direct P&I
6th October 2025
Miller, the independent specialist insurance and reinsurance broker, has announced the appointment of Nick Taylor as Head of Direct P&I. In his new role, Taylor will lead the development of Miller’s Direct P&I broking team, strengthening the firm’s proposition to marine clients. He will report to Nick Summers, Head of Direct ... Read the full article
AIG to launch new NA Commercial Insurance team following Bailey’s retirement
6th October 2025
With Don Bailey, Executive Vice President and Chief Executive Officer of North America Commercial Insurance at AIG, set to step down at year-end, the firm has announced a new North America leadership structure that will take effect on January 1, 2026. Notably, Allison Cooper and Barbara Luck will be promoted to ... Read the full article
Balavant announces key leadership promotions
6th October 2025
Balavant Insurance Group has announced two key leadership promotions: Tracy Bernard as Chief Program Officer of Balavant, and Krissy Kyjovsky to Executive Vice President of Tangram. In her new role, Bernard will be responsible for guiding product development and underwriting strategy across the Balavant platform, supporting the continued expansion of Tangram ... Read the full article
US P&C mutual insurers return to profitability in 2024: AM Best
6th October 2025
AM Best, the credit rating agency, reported that US property and casualty (P&C) mutual insurance companies achieved a net income of $26.0 billion in 2024, a notable rebound from a $10.8 billion net loss in 2023. AM Best evaluates the financial strength and performance of insurers, providing market insight for industry ... Read the full article
Phinsys and Dynamo partner to help insurers streamline finance & actuarial operations
6th October 2025
Phinsys, a finance automation software provider for the insurance and reinsurance industry, has entered into a strategic partnership with Dynamo Analytics, a consultancy and software provider, to integrate finance and actuarial processes for insurance carriers. The two companies are now working together on technical integrations to share their platforms. With the combination ... Read the full article
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