Reinsurance News
AXA, WMG, and universities of Edinburgh, Warwick & Oxford partner on insurance for AI risks
22nd July 2025
A new £2 million academic-industry partnership, led by the University of Edinburgh, alongside insurance group AXA, WMG, the University of Warwick and the University of Oxford, will establish the groundwork for developing insurance for artificial intelligence (AI) for the future. The partnership, dubbed as The UKRI Prosperity Partnership ‘AI2: Assurance and ... Read the full article
QBE appoints Anna Connolly as European Property Product Manager
22nd July 2025
Commercial insurer QBE has announced the appointment of Anna Connolly as European Property Product Manager. Based in London, Connolly will join QBE’s European Operations (EO) team on 1st October 2025, reporting to Naintara Agarwal, EO Director of Underwriting and Portfolio Management. Connolly joined QBE in 2009 as a Geographical Risk Analyst before ... Read the full article
Agile marks strong first year of Syndicate 2427
21st July 2025
Agile Underwriting Services celebrates a successful one year of Syndicate 2427, launched under Lloyd’s ‘syndicate-in-a-box’ framework, with strong performance and momentum. Since commencing underwriting in May 2024, Syndicate 2427 has demonstrated strong underwriting performance, expanded its product lines, and significantly increased broker engagement across the globe through new service companies. Agile is ... Read the full article
Munich Re posts €2.1bn Q2’25 net profit amid ‘very low’ major-loss costs in P&C reinsurance
21st July 2025
Global reinsurer Munich Re has reported a preliminary net profit of €2.1 billion for the second quarter of 2025 and a net result of approximately €3.2 billion for the first half of 2025, as the firm benefited from "very low" major loss expenditure in its property and casualty reinsurance operation. The ... Read the full article
Differentiated asset management firm 1823 Partners launches led by Anant Bhalla
21st July 2025
1823 Partners (US) LLC, a differentiated asset management firm focused on insurance-first investment strategies, has launched with a multi-billion-dollar asset mandate from JAB Insurance. Co-founded by Anant Bhalla, Joachim Creus, and Frank Engelen, the firm will be led by Bhalla as CEO. It is headquartered in Miami, with an office in ... Read the full article
S&P assigns ‘A’ ratings with stable outlook to Fidelidade and Fidelidade RE
21st July 2025
S&P Global Ratings, a credit rating agency, has initiated coverage of Fidelidade – Companhia de Seguros, S.A., and its reinsurance subsidiary, Fidelidade RE – Companhia de Resseguros, S.A., assigning both entities long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’ with a stable outlook. S&P expects Fidelidade to ... Read the full article
Dr. Maxim Baer appointed Managing Director of Tysers Belgium
21st July 2025
Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, has appointed Dr. Maxim Baer as Managing Director (MD) of Tysers Belgium, based in Brussels. The appointment aligns with AUB’s ambitious European expansion plans, leveraging Tysers’ Lloyd’s market access and strong specialty capabilities. In his new role, Dr. Baer will ... Read the full article
Fitch highlights strong growth in North American life reinsurance in 2024
21st July 2025
According to Fitch Ratings, a credit rating agency, North American life reinsurance experienced significant growth in 2024, driven by expanding partnerships between insurers and alternative investment managers, increased reliance on offshore reinsurance platforms, and a record-setting year for annuity sales. In its analysis, Fitch notes that reserves ceded by insurers—measured through ... Read the full article
Palmer & Grainger to lead Willis’ newly launched Residential Real Estate team
21st July 2025
Willis, a WTW business, is expanding the capabilities of its Real Estate division with the launch of a dedicated Residential Real Estate Team. Led by Naomi Palmer, Divisional Director, Real Estate Practice and Shaun Grainger, Residential Development Director, Real Estate Practice, the newly formed team will cover residential niches including Build-to-Rent ... Read the full article
Atradius Syndicate 1864 secures approval from Lloyd’s
21st July 2025
New Atradius Syndicate 1864 is to start underwriting on January 1st, 2026, following Lloyd’s ‘in principle’ approval. The syndicate will focus on trade credit risks, initially targeting new and existing European clients in the financial industry sector. The syndicate will enhance the operations of Atradius, a global insurer that offers trade ... Read the full article
Gallagher expands in Türkiye with new general aviation team
21st July 2025
Insurance and reinsurance broking group Gallagher has launched a new general aviation specialism in Türkiye, expanding its aerospace practice. The new unit team is led jointly by Can Giray and Görkem Rahmioğlu, who bring local knowledge and will provide customised solutions to clients in the region, backed by Gallagher’s international capabilities ... Read the full article
Insurtech financing in LatAm up 370% to $121m in H1’25
21st July 2025
Insurtech financing in Latin America reached $121 million in the first half of 2025, marking a 370% increase compared to the same period last year, according to a report by Digital Insurance LATAM, sponsored by MAPFRE. This figure also surpasses total funding for all of 2024 by 32%, highlighting the region’s ... Read the full article
Alcor Group launches Atlanta office led by Sophie DeCouto
21st July 2025
Alcor Group, a property insurance underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, has announced the launch of an Atlanta office, led by Sophie DeCouto, as part of its expansion into the U.S. excess and surplus (E&S) market. Alcor, which also has offices in London and Bermuda, ... Read the full article
BroadStreet Partners completes strategic investment led by Ethos Capital
21st July 2025
BroadStreet Partners, an insurance brokerage company, has announced the successful closing of a strategic investment by an investor group led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance Group. This investment marks a significant milestone in the company’s growth trajectory. BroadStreet Partners is a middle-market insurance brokerage ... Read the full article
Canopius announces Marine & Energy Treaty team changes
21st July 2025
Canopius Group, a specialty and P&C re/insurer, has announced the promotion of Ben Pinnington to Head of Marine & Energy Treaty, effective 7 July 2025, additionally, Imogen Wright will join the business as Underwriter – Marine & Energy Treaty on 13 October 2025. Pinnington began his insurance career in 2018 as ... Read the full article
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