Reinsurance News

Miller hires Rodolphe Menn as Head of France

14th October 2025

Independent specialist re/insurance broker Miller has appointed Rodolphe Menn as Head of France, further strengthening its presence in the country. In the new role, Menn will be responsible for delivering Miller’s French business strategy, focusing on commercial execution, growth, and collaboration between teams in France and Miller’s wider global network. He holds ... Read the full article

Malibu Life enters agreement to acquire life and retirement solutions provider TruSpire

14th October 2025

Malibu Life Holdings Limited has entered into a definitive agreement to acquire TruSpire Retirement Insurance Company, a Texas-domiciled provider of life and retirement solutions, and wholly-owned subsidiary of Mutual of America Life Insurance Company. According to Malibu Life, its acquisition of TruSpire, which is licensed in 44 states, holds an AM ... Read the full article

US government shutdown stalls flood insurance renewals, leaving homeowners at risk: AM Best

14th October 2025

According to a new report from the credit rating agency AM Best, the ongoing US government shutdown has halted the ability of a key federal agency to renew existing flood insurance policies or issue new ones under the National Flood Insurance Program (NFIP), potentially affecting millions of homeowners as the ... Read the full article

Legal & General names Gareth Mee as CEO of Institutional Retirement

14th October 2025

Legal & General Group plc (L&G), a financial services group providing insurance, investment management, and retirement solutions, has announced the appointment of Gareth Mee as Chief Executive Officer of Institutional Retirement, effective 1 December 2025. He will succeed Andrew Kail, who will take on the position of Group Chief Financial Officer, ... Read the full article

Kalepa and AmRisc partner to advance AI-driven underwriting operations

14th October 2025

Kalepa, a company specialising in AI-powered underwriting solutions, has entered into a partnership with AmRisc, a catastrophe-focused Managing General Agent (MGA) in the US, to scale AmRisc’s underwriting operations. This collaboration follows an extensive evaluation process in which AmRisc reviewed multiple AI and automation providers within the insurance technology space. The assessment ... Read the full article

Texel appoints Jamie Stork and Brandon Woo to Singapore office

14th October 2025

The Texel Group, an independent credit and political risk insurance broker, has announced the appointments of Jamie Stork and Brandon Woo to its Singapore office. Jamie Stork joined the company as an Associate Director on 22nd September. He comes to Texel after eight years at Marsh, where he most recently served ... Read the full article

Ramon Zandueta to lead KRM Re Brokers Philippines

14th October 2025

KRM Reinsurance Brokers Philippines, a re/insurance broker, has appointed Ramon “Mon” Zandueta as its new Managing Director (MD) and Chief Executive Officer (CEO), effective September 1st, 2025. Zandueta is an industry veteran with four decades of experience, known for his long career at Marsh Philippines, where he served as CEO from ... Read the full article

Africa Specialty Risks names Elaine Mason as Head of Claims

13th October 2025

Africa Specialty Risks (ASR), the pan-African and Middle East-focused re/insurance group, has appointed Elaine Mason as Head of Claims, based in London. In her new role, Mason will lead ASR’s claims function, including furthering claims operations, philosophy, and technology. She will report to Tunu Sokiri, Chief Operating Officer, ASR. She will also ... Read the full article

Private credit gains traction in insurers’ investment portfolios: S&P

13th October 2025

S&P Global Ratings, a provider of credit ratings, research, and analytics, reports that private credit is increasingly becoming a significant part of North American insurance companies’ investment portfolios. According to S&P, this shift reflects broader trends within the financial services industry, where insurers and other fixed-income investors are turning to private ... Read the full article

AXIS Capital appoints Erik Rasmussen as Head of US Healthcare Reinsurance

13th October 2025

AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Erik Rasmussen as Head of US Healthcare Reinsurance. Based in St. Paul, Minnesota, Rasmussen will report to James “Jay” Hamilton, Global Head of Accident & Health, Insurance and Reinsurance. In this role, ... Read the full article

Nexus expands Trade Credit operations into Italy

13th October 2025

Nexus Underwriting, a Brown & Brown subsidiary, has announced the expansion of its Trade Credit operations into Italy, a strategic move that further strengthens the company’s global footprint. The managing general agent (MGA) has a long-standing history in the Trade Credit sector, with 25 years of expertise and a team of ... Read the full article

Markel appoints Tom Hillier as CUO and unveils new international structure

13th October 2025

Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Tom Hillier as Chief Underwriting Officer (CUO), alongside a new structure for its international operations. In his new role, Hillier will be responsible for underwriting strategy and governance across Markel’s international operations, working with business leaders to ... Read the full article

Brazil’s insurance reforms signal major institutional shift amid economic slowdown: AM Best

13th October 2025

AM Best, the credit rating agency, states that Brazil’s sweeping reforms to its insurance regulatory framework represent a major institutional shift, steering the country’s insurance market toward greater professionalism, stronger consumer safeguards, and closer alignment with international standards. In its latest commentary, “Balancing Reform and Restraint: Brazil’s Insurance Overhaul Amid Economic ... Read the full article