Reinsurance News
Descartes Insurance hires Hélène Martin to support Credit & Political Risk expansion
10th July 2025
Descartes Insurance, the risk-carrying subsidiary of Descartes, a specialist in parametric insurance solutions, has expanded its offerings to corporate clients and public institutions to include Credit and Political Risk Insurance (CPRI), further diversifying its business. To drive its expansion into this new line of business, Descartes has brought on Hélène Martin, ... Read the full article
Competition drives best bulk annuity pricing in two years for UK pension schemes: Aon
10th July 2025
Pricing in the UK defined benefit pension scheme bulk annuity market has reached its most favourable level in over two years, driven by increased competition, according to new data from Aon. Mike Edwards, Partner, Risk Settlement Group, Aon, noted, "There are a number of reasons for this pricing opportunity emerging. The ... Read the full article
AM Specialty Insurance adds Griggs as MD, Tailored Solutions of Pinpoint UK
10th July 2025
AM Specialty Insurance Group has appointed Tom Griggs as Managing Director (MD) of Tailored Solutions at Pinpoint UK Solutions Ltd (Pinpoint), the London-based arm of AM Specialty. This appointment is a key step in AM Specialty’s international expansion strategy and reinforces the group’s commitment to technical underwriting excellence and global partnerships. In ... Read the full article
Markel names Joanna Quigan as Senior Underwriter, PFR
10th July 2025
Markel Insurance, the insurance arm of Markel Group Inc., has announced the appointment of Joanna Quigan as Senior Underwriter, Professional and Financial Risks (PFR). Based in Melbourne, Quigan will report to Kym Beazleigh, Head of Professional and Financial Risks. In her new role, she will be responsible for developing and managing underwriting ... Read the full article
Advanta integrates Propicsa into operations and announces senior hires
10th July 2025
Advanta, a specialist technical adjusting firm, has announced the merger of Propicsa, a specialist Latin America and Caribbean loss adjuster, into its operations, aiming to strengthen its capabilities in the region and enhance its service offerings. Advanta has also appointed Andrew Brown as Divisional Director, Specialty. Based in London, Brown will lead ... Read the full article
Chris Wilson appointed to lead unified fleet and commercial motor division at ERS
10th July 2025
ERS, a UK specialist motor insurer, has announced the promotion of Chris Wilson to Head of Fleet and Commercial Motor. This follows Scott Tillbrook’s move into the role of Active Underwriter and marks a strategic shift to bring two closely connected areas under one leadership structure. Since joining ERS in 2014, Wilson ... Read the full article
Riverstone appoints Enstar’s Brockman as Group CEO, to succeed Tanzer
9th July 2025
Paul Brockman has been appointed as the new group chief executive officer of RiverStone International Holdings, succeeding Luke Tanzer who will be retiring later this year. Additionally, the company also announced the appointment of Andrew Creed as group president, in addition to his responsibilities as group chief financial officer. In a statement ... Read the full article
AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats
9th July 2025
AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate softening in the market since 2023, demand for cyber insurance remains resilient and ... Read the full article
ImageCat partners with Green Shield to expand wildfire risk data offerings
9th July 2025
ImageCat, a technology firm focused on risk and exposure analytics for the insurance, finance, and emergency management sectors, has partnered with Green Shield Risk Solutions, a specialist in wildfire risk assessment and mitigation data, to integrate its proprietary Property Guardian data into ImageCat’s Inhance and FACFinder platforms. Green Shield’s Property Guardian ... Read the full article
Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe
9th July 2025
Emilie Hungenberg has joined Sompo, a provider of commercial and consumer property and casualty re/insurance, as Head of Strategy Insurance – Continental Europe. Commenting on her appointment, Hungenberg said:“I’m excited to contribute to Sompo’s continued growth and transformation across the region, helping to shape strategic priorities and deliver operational excellence in ... Read the full article
MSIG USA appoints Philip Wray as Head of Property
9th July 2025
MSIG USA, a provider of specialty commercial insurance solutions, has announced the appointment of Philip Wray as Head of Property. In this role, Wray will lead MSIG USA’s national property portfolio, overseeing underwriting strategy, product development, and portfolio performance. He will also help strengthen technical underwriting standards and drive long-term, profitable ... Read the full article
Amwins SRU launches all-risk property solution for habitational market
9th July 2025
Amwins Special Risk Underwriters (SRU), Amwins' in-house MGA, has launched HabVantage, an exclusive all-risk property solution tailored for the habitational market. In a fluctuating property market, HabVantage is designed to meet evolving needs by providing Amwins brokers with access to expert underwriting and much-needed capacity for increasingly hard-to-place risks. Backed by A- ... Read the full article
Neptune Flood expands premium capacity to over $400m for 2025
9th July 2025
Neptune Flood, a provider of private flood insurance in the US, has announced it will have more than $400 million in premium capacity for 2025. This marks a significant jump from the $300 million secured in 2024 and highlights the company’s sustained growth within the private flood insurance sector. Neptune’s capacity now ... Read the full article
Tokio Marine eyes growth in niche non-property specialty in US P&C: Autonomous
9th July 2025
Following Tokio Marine’s investor day, Autonomous equity analysts highlighted the insurer’s strategic shift away from property exposures toward niche non-property specialty lines in the US P&C market, which it views as the greatest opportunity for stable, profitable growth. The analysts shared their thoughts on the outlook for US property and casualty ... Read the full article
Aon launches new Data Center Lifecycle Insurance Program for clients
9th July 2025
Aon has launched its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility created to help clients manage risk across every stage of data center development and operations. According to Aon, the DCLP provides an integrated solution that unifies construction, cargo, cyber, and operational risk coverage within a single, ... Read the full article
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