Reinsurance News
Moody’s upgrades The Hartford ratings and assigns stable outlook
16th October 2025
Moody's Ratings has upgraded The Hartford Insurance Group’s senior unsecured debt rating to A3 from Baa1, and changed the Group’s and its subsidiaries’ outlook to stable from positive. Additionally, the credit rating agency upgraded the insurance financial strength (IFS) ratings of Hartford's primary property & casualty (P&C) insurance subsidiaries to Aa3 ... Read the full article
Q3’25 insured losses lowest since 2006 as protection gap narrows: Aon
16th October 2025
According to Aon’s Q3 2025 global catastrophe report, insured losses totalled $12 billion for the quarter, 72% below the century average and the lowest since 2006, while year-to-date losses reached $114 billion, 37% above the century average, driven by 22 billion-dollar insured loss events. Aon said global economic losses reached $34 ... Read the full article
Gabrielle Griffith appointed Atrium’s Head of Motor
16th October 2025
Atrium, an insurance group operating within Lloyd’s market, has announced the promotion of Gabrielle Griffith to the newly created role of Head of Motor. In her new position, Griffith is set to expand Atrium’s book of North American motor business, with a focus on several key areas, including Auto Physical Damage, ... Read the full article
Reinsurance market remains resilient with sellers eager to deploy capacity: Doyle, MMC
16th October 2025
The reinsurance market remains resilient in the face of elevated losses from natural catastrophe events, geopolitical instability and an uncertain macroeconomic landscape, with reinsurers eager to deploy capacity as competition increases, according to John Doyle, President of global broking group, Marsh McLennan (MMC). Doyle commented on insurance and reinsurance market conditions ... Read the full article
Beat Capital Partners launches financial institutions MGA, led by Blair Bartlett
16th October 2025
Beat Capital Partners, an incubator of underwriting franchises and Ambac subsidiary, has partnered with Crum & Forster executive Blair Bartlett to launch 1889 Specialty Insurance Services, a financial institutions managing general agent (MGA). Based in London, 1889 Specialty will provide management liability and professional lines insurance to small and medium-sized enterprises ... Read the full article
Aon names Byron Beebe as CEO of Human Capital
16th October 2025
Aon, a global insurance and reinsurance broking group, has appointed Byron Beebe as Chief Executive Officer (CEO), Human Capital, effective immediately, reporting to Andy Marcell, CEO of Global Solutions. In the role, he will lead Aon’s integrated health, Wealth and Talent solutions. Additionally, Beebe will join the Aon Executive Committee to drive ... Read the full article
Travelers sees Q3’25 net income climb 50% on strong underwriting and investment performance
16th October 2025
The Travelers Companies has reported Q3 2025 net income of $1.888 billion, up 50% from the same period of 2024, with a consolidated combined ratio of 87.3%. The firm also reported core income of $1.867 billion for Q3 2025, a 53% increase from $1.218 billion in Q3 2024. According to Travelers, the ... Read the full article
Price will be a talking point but reinsurance structures expected to hold: Munich Re
16th October 2025
Global reinsurer Munich Re expects price to be a discussion point at the 2025 Baden-Baden Reinsurance Meeting next week, and emphasised that the firm is ready to deploy more capital ahead of the January renewals with structures projected to hold, but warned that the carrier will walk away from business ... Read the full article
Guy Carpenter’s revenue rises 5% to $398m in Q3’25
16th October 2025
Global broking group Marsh McLennan's reinsurance arm, Guy Carpenter, generated revenue of $398 million and $2.3 billion for the third quarter and nine-month period ended September 30th, 2025, respectively, as consolidated revenue across the group increased for both periods. For the third quarter, Guy Carpenter's revenue increased by 5% on both ... Read the full article
Markel International names Joe Wong as Professional Financial Risks & Cyber Underwriter
16th October 2025
Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client engagement. Based in the company’s Singapore office, he will report to Olga Wong, Professional Financial Risks & ... Read the full article
Saudi Re approves issuance of new shares to increase capital by 46.6%
16th October 2025
Saudi Reinsurance Company’s (Saudi Re) Board of Directors has approved a capital increase through the issuance of 53.98 million new shares, raising its capital by 46.6% to SAR 1.7 billion to strengthen the reinsurer’s capital base and support growth. The approval follows the Extraordinary General Assembly Meeting held on Thursday 9th ... Read the full article
Clark to lead Howden US’ Private Risk Solutions with Krupowicz as Head of Operations
16th October 2025
Insurance broker Howden US has appointed Joe Clark as President and Dale Krupowicz as Head of Operations for its Private Risk Solutions business. The broker stated that these appointments reinforce its commitment to building a modern, client-centric model for high-net-worth and ultra-high-net-worth individuals. The pair will lead the development of Howden’s US ... Read the full article
MGT Partners and Huntingdon Advisory form partnership to expand European re/insurance opportunities
16th October 2025
Huntington Advisory, an independent strategic advisory firm headquartered in Singapore with offices in London and Hong Kong, has partnered with MGT Partners, a French financial services group based in Paris, to enhance client access to the European re/insurance broking market and related financial services opportunities. This partnership brings together Huntington’s expertise ... Read the full article
David Smith appointed as Chaucer Group’s new Head of Claims
16th October 2025
Chaucer Group, a specialty re/insurance group, has announced the appointment of David Smith as Group Head of Claims, subject to regulatory approval. Smith will assume the role on 1 January 2026, following the retirement of Tony Gates, who will step down after 35 years with the company. He has also completed 35 ... Read the full article
Munich Re a stabilising force in uncertain times: Kopff
16th October 2025
Clarisse Kopff, Member of the Board of Management at Munich Re, has indicated that amid climate-related perils and the impacts of geopolitical and macroeconomic instability, the firm will continue to fulfil its stabilising role, grounded in enduring client relationships. "In a world which is constantly heating up, literally and in a ... Read the full article
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