Reinsurance News

Carrow Insurance launches new A&H products for UK employers

7th October 2025

Carrow Insurance, a specialist MGA, has introduced a new range of Accident & Health (A&H) products in the UK, tailored for corporate and affinity businesses. Supported by Mission, Carrow is offering brokers new capacity, responsive underwriting, and products designed to meet the evolving needs of employers across the UK and EU. Carrow’s ... Read the full article

Davies launches new agentic AI features to its ClaimPilot product suite

7th October 2025

Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has developed and is deployed two new AI-agents that will assist casualty claims handlers and adjusters, freeing up ... Read the full article

Lemonade adds PayPal CMO Geoff Seeley to its Board

7th October 2025

AI-powered digital insurance company Lemonade has named Geoff Seeley, Chief Marketing Officer of PayPal, to its Board of Directors. Along with Seeley, Lemonade’s current board of directors is now composed of Lemonade co-founders Daniel Schreiber and Shai Wininger, Michael Eisenberg, Deb Schwartz, Dr. Samer Haj-Yehia, and Maria Angelidou-Smith. Before joining PayPal, Seeley ... Read the full article

Nasent makes strategic investment in Sephira to broaden service offering

7th October 2025

Financial services provider Nascent Group has made a strategic investment in Sephira Risk Solutions, a European-based global risk and actuarial consulting firm. According to Nascent, this investment establishes a partnership between the two firms to deliver actuarial services to clients seamlessly. As part of the transaction, Andre Perez, who launched Nascent in ... Read the full article

Oneglobal acquires Bermuda-based Life and Annuity Services

7th October 2025

Oneglobal Broking, an independent Lloyd's broker backed by JC Flowers, has announced the acquisition of Life and Annuity Services, a Bermuda-based specialist. The acquisition, which is subject to regulatory approval, marks a key milestone in Oneglobal’s effort to expand its capabilities and diversify its offerings. The move will enable Oneglobal to provide ... Read the full article

Africa Specialty Risks names Tunu Sokiri as COO

7th October 2025

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Tunu Sokiri as Chief Operations Officer, overseeing all operational and technology functions across the firm. In particular, he will lead the transformation and growth of ASR’s infrastructure, data, AI, and digital strategy. Tunu will also oversee ASR’s claims function, ensuring it "continues ... Read the full article

MSIG USA appoints Erika Shalette as General Counsel

7th October 2025

MSIG USA, a provider of specialty commercial insurance, has appointed Erika Shalette as General Counsel, reporting to Kent Ziegler, the firm's Chief Financial Officer and Chief Administrative Officer. In her new role, she will oversee all legal and compliance matters for MSIG USA, guiding corporate governance practices, managing regulatory requirements, and ... Read the full article

ADAS technology to have significant impact on auto insurance industry: Evercore ISI

7th October 2025

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to a recent Evercore ISI. In a recent report, titled ‘US P&C Insurance: The ADAS Impact on Personal Auto Insurance’, ... Read the full article

Lazard appoints Cyrille Cotte as MD & Head of Insurance Europe

7th October 2025

Financial advisory and asset management firm Lazard has announced the appointment of Cyrille Cotte as Managing Director and Head of Insurance for its European Financial Institutions Group (FIG). Based in London, Cotte will work across Europe with regional Co-Heads of Financial Services Coverage, Nick Millar and Corso Bavagnoli. He brings more than ... Read the full article

Indonesian re/insurers’ higher equity thresholds to accelerate consolidation: Fitch

7th October 2025

Fitch Ratings expects that higher minimum equity thresholds for Indonesian insurers and reinsurers will accelerate market consolidation, as weaker insurers may seek additional capital to meet the tougher requirements or become acquisition targets. The first stage of the higher threshold takes effect at the end of 2026, with roughly 90% of ... Read the full article

Eman Mojali named CEO of MADA Insurance and Reinsurance Brokers

7th October 2025

MADA Insurance and Reinsurance Brokers Company has announced the appointment of Eman Mojali as its new Chief Executive Officer (CEO). Based in Manama, Bahrain, MADA Insurance and Reinsurance Brokers is a local intermediary with a team of experienced professionals, bringing over 30 years of combined expertise. The firm combines deep local ... Read the full article

HDI Global deploys advanced digital tool to transform nat cat risk analysis

6th October 2025

HDI Global, a commercial and specialty lines insurer, has announced the roll out of HDI ARGOS 4.0 (Accumulation Risk Geospatial Online System), an advanced digital risk management service for its clients. This NatCat assessment tool, created in response to the increasing frequency and severity of natural catastrophes driven by climate change, ... Read the full article

Hannover Re appoints Hagen as General Manager within P&C Treaty

6th October 2025

Global reinsurer Hannover Re has announced the appointment of Alexander Hagen as General Manager, taking over the role from Vincent Hermenier, who recently became Managing Director. In his new position, Hagen will be responsible for overseeing Property & Casualty treaty business across France, the Benelux, Israel, Greece, Malta, the Maghreb and West ... Read the full article

Cyber insurance should complement, not replace, cybersecurity: FERMA

6th October 2025

A new Federation of European Risk Management Associations (FERMA) report, produced in partnership with Marsh and Howden, has reinforced the message that cyber insurance should not be seen as a replacement for robust cybersecurity measures, but should rather act as a "complementary tool" to help organisations manage and transfer financial ... Read the full article

Verisk promotes Saurabh Khemka to President of Underwriting Solutions

6th October 2025

Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has named Saurabh Khemka as President of Underwriting Solutions, effective immediately. In his new role, Khemka will oversee all of Verisk’s Underwriting Solutions business. He is a Verisk veteran, having held several leadership roles since joining ... Read the full article