Reinsurance News
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
CLARA Analytics unveils new offering service that transforms data into AI-ready assets
16th October 2025
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelligence. By providing a solid data foundation, CLARA is paving the way for its next major platform advancement, ... Read the full article
IDF announces launch of Infrastructure Resilience Development Fund
16th October 2025
The Insurance Development Forum (IDF)—a public-private partnership between the insurance industry, the United Nations, and the World Bank—has announced the launch of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), part of BlackRock, the IRDF is based on the Infrastructure Resilience Development Blueprint developed over the past ... Read the full article
Kemper names C. Thomas Evans, Jr., as Interim CEO as Lacher steps down
16th October 2025
US-based insurer Kemper Corporation has appointed C. Thomas Evans, Jr., the current Executive Vice President (EVP), Secretary, and General Counsel, to serve as Interim Chief Executive Officer (CEO) as Joseph P. Lacher, Jr. steps down. Lacher departs the roles of President and CEO after nearly a decade, and will conclude his ... Read the full article
Optio Group names Harald Teige as Head of Coastal Marine at S Insurance AS
16th October 2025
Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company. Based in Oslo, Teige will report to Morten F. Basthus, Chief Underwriting Officer, and has taken up the position with immediate effect. Teige has more than ... Read the full article
ACORD Solutions expands automated sanctions screening capabilities in ACORD Transcriber
16th October 2025
ACORD Solutions Group, the technology arm of ACORD, has announced expanded features for automated sanctions screening within ACORD Transcriber, its intelligent document processing platform. The new Sanctions Screening capability extracts key data from insurance documents and sends it directly to LexisNexis or a client’s chosen screening provider for real-time compliance checks, ... Read the full article
Georgina Smart named HDI Head of Global Risk Bloodstock & Equine
16th October 2025
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Georgina Smart as Head of Global Risk Bloodstock & Equine, based in London. Smart will lead the insurer’s bloodstock and equine underwriting and distribution strategy across international markets and the US. The executive brings a wealth of experience to ... Read the full article
Consilium launches stand-alone stock facility to improve inventory coverage
15th October 2025
Consilium, the global specialty insurance and reinsurance wholesale broker, has announced that its Cargo Risk Solutions division has launched a stand-alone stock facility designed to deliver improved pricing, lower deductibles, and broader wordings that better reflect how clients and brokers do business. In a market facing increased supply chain volatility and ... Read the full article
Meta’s Prashant Ratanchandani joins Lemonade’s Board of Directors
15th October 2025
Lemonade, the AI-powered digital insurance company, has announced the addition of Prashant Ratanchandani to its Board of Directors. Ratanchandani currently serves as Meta’s Vice President of Engineering for AI Products, where he leads the engineering teams responsible for building Meta’s generative AI products. He has spent the past seven years at Meta, ... Read the full article
RGA makes strategic investment in FoxPath Capital Partners
15th October 2025
Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced a strategic investment in FoxPath Capital Partners, a specialist credit secondary investment firm. Based in New York and founded in 2023, FoxPath is a specialist credit secondaries investment firm tailored to meet the rapidly growing need for ... Read the full article
Balavant Insurance Group names Michael Sothen CFO and Omeed Kazemi COO
15th October 2025
Balavant Insurance Group, a provider of specialty insurance solutions, has announced two senior executive appointments to strengthen its leadership team. Michael Sothen has been named Chief Financial Officer, and Omeed Kazemi joins as Chief Operating Officer. Sothen, a finance executive with more than 25 years of experience, will oversee Balavant’s financial strategy, ... Read the full article
Lee Equity Partners closes $1.6bn reinvestment in McLarens Global
15th October 2025
Lee Equity Partners, LLC, a middle-market private equity firm, has announced the closing of a $1.6 billion reinvestment in McLarens Global Limited, a global independent provider of insurance services, extending its long-term partnership. Founded in 1932, McLarens provides insurance services spanning claims adjusting, risk consulting, auditing, and pre-risk surveying. The company ... Read the full article
Canada Life appoints Dominic Carpenter as Commercial & Strategy Director, BPA
15th October 2025
Canada Life has announced the appointment of Dominic Carpenter as Commercial & Strategy Director, Bulk Purchase Annuities (BPA), effective 6th October 2025. In his new role, Carpenter will lead the commercial development of Canada Life’s bulk annuities business and drive initiatives across commercial strategy, reinsurance, and pricing to support its BPA ... Read the full article
Brokers urge industry collaboration to close non-standard insurance protection gap
15th October 2025
With surging demand for non-standard insurance, brokers are urging industry collaboration, warning that the gap in coverage is widening, according to a recent survey by Prestige Underwriting. The survey found that 79% of brokers have reported an increase in non-standard insurance enquiries over the past year, which indicated a growing number ... Read the full article
CFC gains approval to offer carbon credit insurance for CORSIA scheme
15th October 2025
CFC, an insurance provider with a focus on carbon-related risks, has announced its approval as one of the first private insurers authorised to issue policies that support the eligibility of carbon credits under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). CORSIA, developed by the International Civil Aviation Organisation ... Read the full article
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