Reinsurance News
Rising costs and climate impact shapes claims, says Crawford & Company
10th July 2025
Crawford & Company, an independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has released its latest Large Loss Claims Review and Outlook. The report provides insights from Crawford’s global operations, highlighting the shifting dynamics of major claims and the urgent need for adaptability across the insurance ... Read the full article
Supercede introduces free Lloyd’s SRS return automation following Cohort 14
10th July 2025
Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns. The feature was developed following Supercede’s involvement in Cohort 14 of the Lloyd’s Lab Accelerator, which included a focus on enhancing reinsurance workflows for the Lloyd’s market. Addressing a commonly cited ... Read the full article
Finkelstein appointed Senior Director of WTW’s ICT business
10th July 2025
Global advisory, broking and solutions company WTW, has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business, a London-based role. In his new role, Finkelstein will leverage his 30 years of experience in UK and international life insurance and reinsurance, to help WTW ... Read the full article
L&G partners with Blackstone to enhance competitive advantage in annuities
10th July 2025
Legal & General (L&G) and Blackstone have agreed a long-term strategic partnership, combining their respective credit platforms to enhance L&G’s competitive advantage in annuities and bolster its asset management proposition in key geographies and channels. Namely, L&G’s annuities business will leverage Blackstone’s private credit origination platform to access a pipeline of ... Read the full article
Amin Basbous to serve as Senior Executive Officer at Tysers Dubai
10th July 2025
Tysers Insurance Brokers has appointed Amin Basbous as Senior Executive Officer (SEO) for Tysers Dubai, reporting to Tom Wilson, Chief Executive Officer of Tysers. Basbous joined Tysers in a broking role over a decade ago, and has since used his market insight and deep understanding of the Middle East to significantly ... Read the full article
Augmented launches to advance digital underwriting in London market using AI
10th July 2025
Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting, Augmented is focused on the growing smart-follow underwriting model. This approach allows follow capacity ... Read the full article
QBE Re announces key appointments as part of its simplified leadership structure
10th July 2025
QBE Re, the reinsurance arm of QBE Insurance Group has unveiled a new simplified leadership structure, announcing a number of key appointments across markets and product areas. Leading QBE Re’s EMEA, International and North American markets are three seasoned executives: Abdallah Balbeisi, who has been appointed Executive Director of Europe, Middle ... Read the full article
Guy Carpenter global property cat ROL index falls 8.1% following mid-year renewals
10th July 2025
Property catastrophe reinsurance rates have fallen 8.1% globally following the April and mid-year renewals, according to the latest update of Guy Carpenter's property catastrophe reinsurance rate on line indices. Regular readers will recall that Guy Carpenter updates its global and regional property catastrophe rate on line indices at key renewal periods, ... Read the full article
Versicherungskammer selects Clearwater Analytics’ platform
10th July 2025
Versicherungskammer Group, Germany’s largest public insurer, has selected Clearwater Analytics’ platform to power its middle, back office and risk functions. Clearwater’s unified, cloud-native platform delivers comprehensive investment data management, risk, performance, accounting, and reporting capabilities—eliminating data silos and automating manual processes that impact efficiency and accuracy. Versicherungskammer selected Clearwater after a comprehensive ... Read the full article
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
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