Reinsurance News
Lockton Re names Anthony DiLorenzo as US Casualty Broking Leader
1st December 2025
Lockton Re, the reinsurance business of independent insurance broker Lockton, has appointed Anthony DiLorenzo as US Casualty Broking Leader, based in Philadelphia. DiLorenzo most recently spent over 12 years at broker Aon, serving as Senior Managing Director of its Reinsurance Solutions and, before that, as a Senior Analyst in Rating Agency ... Read the full article
Private equity investors end acquisition talks with AUB
1st December 2025
Private equity investors EQT and CVC (together, the Consortium) have notified AUB Group that they will not proceed with a binding A$45-per-share scheme proposal to acquire 100% of the business, and both sides have therefore agreed to end discussions. The update follows EQT’s disclosure on 9 November 2025 that it had ... Read the full article
Life insurance drives growth as Colombia’s non-life segment faces rising leverage risks: AM Best
1st December 2025
Colombia, among Latin America’s more advanced insurance markets, is seeing growth increasingly driven by the life insurance sector, according to a new AM Best report. While non-life insurance continues to hold the larger share of market participants and has benefited from higher demand in commercial, motor, and liability lines, AM Best’s ... Read the full article
UK P&I Club and TT Club target growth and stability with proposed merger
1st December 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they are currently engaged in discussions regarding a potential merger. The Clubs have worked closely ... Read the full article
AI in insurance is now mainstream, says WTW’s Doddington
1st December 2025
WTW, an advisory, broking, and solutions firm, has been closely tracking the adoption of artificial intelligence (AI) in insurance, and has highlighted how carriers are now deploying related technologies at a more rapid pace. Laura Doddington, WTW’s North American Head of Personal and Commercial Lines in Insurance Consulting and Technology, explains ... Read the full article
Ace Insurance Brokers adds Mercer India’s Laddha as President
1st December 2025
Ace Insurance Brokers, an Indian composite insurance broker, delivering comprehensive life and general insurance solutions to individuals, corporates, and institutions, has appointed Arvind Laddha as President. Earlier this year, Blackstone acquired a majority stake in the broker. The intermediary has a presence in over 15 cities nationally and places insurance premiums ... Read the full article
S&P lifts Africa Re ratings to ‘A’ due to consistent strong performance
1st December 2025
S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to 'A' from 'A-', driven by its long track record of strong operating performance while managing foreign currency risks ... Read the full article
M&A activity could reduce cyber market capacity: Marsh’s Konyar
28th November 2025
Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” for the cyber insurance market, with experts warning that capacity consolidation could eventually reduce market availability. Gamze Konyar, Head of Cyber, Marsh Europe, has highlighted that while the current market remains soft, the long-term implications of re/insurer consolidation ... Read the full article
NFP names Gillingham Head of Commercial Risk, Mahoney Head of Programs
28th November 2025
NFP, an Aon company and prominent provider of property and casualty (P&C) brokerage and benefits consulting, announced updates to its leadership team. Tom Gillingham has been appointed President, Commercial Risk, expanding his responsibilities across the organisation’s commercial P&C, programs and wholesale operations. In addition, John Mahoney has been named Head of ... Read the full article
Silent AI risks drive product development and reinsurance review: DAC Beachcroft
28th November 2025
The risk of silent AI is prompting insurers to update policy wordings, innovate products, limit riskier exposures, and review reinsurance arrangements to ensure these risks are adequately covered, according to law firm DAC Beachcroft. “Silent AI” refers to risks associated with artificial intelligence (AI) that are neither explicitly included nor excluded ... Read the full article
Market discipline key as negative rates hit most classes: Lloyd’s CUO
28th November 2025
Rachel Turk, Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasised that favourable trading conditions and ongoing market discipline are expected to drive strong performance for 2025. In the firm's Q4 Market Message, the CUO highlighted pockets of concern, urging the market to ... Read the full article
Pen Underwriting reshapes marine practice, announces several leadership appointments
28th November 2025
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has announced a number of leadership appointments within its specialist Marine practice and announced structural changes aimed at accelerating strategic growth and future expansion. All roles will be effective 1 January 2026 and report into Seb Simmonds, who currently serves as Managing ... Read the full article
AXA XL names Sylvain Eyraud as Country Manager, Italy
28th November 2025
AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has announced the appointment of Sylvain Eyraud as Country Manager, Italy, effective January 1st 2025. Eyraud will succeed Saverio Longo, who is leaving AXA XL after six years with the company to pursue opportunities outside of the AXA ... Read the full article
Technology to drive more cedent-centric collaboration in 2026: Supercede CEO
28th November 2025
Technology is reshaping the broking process toward more cedent-centric collaboration, as increasingly technical cedents expect to actively participate in shaping their reinsurance strategies, driving growth with challenger brokers, according to Jerad Leigh, co-founder and CEO of Supercede, the independent reinsurance platform. Leigh stated that historically, brokers have focused their technology efforts ... Read the full article
Korean Re approved to establish branch in India’s GIFT City
28th November 2025
Seoul-based reinsurer Korean Reinsurance Company (Korean Re) has announced plans to commence operations for its Indian branch in April 2026. The reinsurer received regulatory approval to establish a new branch in Gujarat International Finance Tech-City (GIFT City), India’s first operational smart city and International Financial Services Centre (IFSC), on November 14th, ... Read the full article
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