Reinsurance News
Acrisure completes acquisition of Global Payments’ payroll business
1st October 2025
Global fintech Acrisure has completed its previously announced acquisition of Heartland Payroll from Global Payments, Inc. for $1.1 billion. Heartland Payroll is considered one of the largest payroll and human capital management (HCM) companies in the United States. The acquisition, first announced in May 2025, will bring Heartland Payroll’s 50,000+ clients ... Read the full article
Adrian Morgan to lead Insurwave as CEO
1st October 2025
Insurwave, an AI-driven exposure management company for specialty insurance, has announced the appointment of Adrian Morgan as Chief Executive Officer (CEO). Known for driving digital transformation and scaling technology solutions for the insurance industry, Morgan joins the company at a critical time as it expands its platform and strengthens its market ... Read the full article
Swiss Re finds reinsurance reduces solvency capital and enhances liquidity for UK life insurers
1st October 2025
According to Swiss Re, the global reinsurer, insurers can use reinsurance strategically to improve balance sheet efficiency and manage liquidity in response to ongoing market volatility. Swiss Re observes that in 2025, UK life insurers face pressures from foreign exchange exposures, inflation-linked liabilities, and the widening spread between gilt yields and ... Read the full article
Gerardo Polanco to lead Aon’s Iberia Reinsurance team
1st October 2025
Global insurance and reinsurance broking group Aon has announced the appointment of Gerardo Polanco as General Manager of the company’s Iberia Reinsurance team, effective immediately. In his new role, Polanco will be responsible for fostering collaboration across geographies, business lines and specialties, to help optimize the firm’s service offerings and support ... Read the full article
California insurance Commissioner Ricardo Lara backs Governor’s order on insurance stability
1st October 2025
The California Department of Insurance announced that Commissioner Ricardo Lara supports Governor Gavin Newsom’s new executive order on insurance stability, calling it a key step toward protecting homeowners and communities across the state. “The Governor is absolutely correct: we need a ‘whole-of-government’ approach to make continued progress,” Lara said in response ... Read the full article
Hannover Re announces key leadership changes in ILS & retrocession
1st October 2025
Global reinsurer Hannover Re has announced key leadership transitions and appointments within its Insurance-Linked Securities (ILS) and retrocession activities. Henning Ludolphs, Managing Director Retrocession and Capital Markets at Hannover Re, will transition into an advisory role effective 1st October 2025, serving in this capacity until his retirement in 2026. Ludolphs joined Hannover ... Read the full article
Europe’s big four reinsurers could see €2bn+ of surplus earnings from benign loss activity
1st October 2025
With loss activity in 2025 proving "exceptionally benign" since the LA wildfire losses in Q1, Autonomous has suggested the big four European reinsurers (Munich Re, Swiss Re, Hannover Re, and SCOR) could see a collective benefit of almost €2 billion in future results. "This year, we have seen the extremes of ... Read the full article
Neptune Insurance announces $20 per share IPO
1st October 2025
Neptune Insurance Holdings Inc., the parent company of managing general agent Neptune Flood, has announced the pricing of its initial public offering (IPO) for the sale of 18,421,053 shares of its Class A common stock at $20 per share. Neptune filed a registration statement with the U.S. Securities and Exchange ... Read the full article
Andrew Preston to serve as Chariot Re CFO
1st October 2025
Chariot Re, a Bermuda-based Class E life and annuity reinsurance company, has appointed Andrew Preston as its Chief Financial Officer (CFO), effective October 1st, 2025. Co-sponsored by MetLife and General Atlantic and backed by Chubb and other investors, Chariot Re launched earlier this year with an initial combined equity investment ... Read the full article
Jennifer Kopf joins AXA XL aviation reinsurance team as Senior Underwriter
1st October 2025
AXA XL Reinsurance has announced the appointment of Jennifer Kopf as Senior Underwriter Aviation Reinsurance, a Zurich-based role. In her new role, Kopf will be responsible for underwriting a diverse portfolio of aviation reinsurance business. She will leverage advanced tools and models to optimize risk assessment and pricing while focusing on expanding ... Read the full article
Moody’s estimates $6tn in US GDP losses from climate and natural disaster risks by 2050
1st October 2025
Moody’s has released a detailed assessment of the potential economic and financial consequences of natural catastrophes and physical risk by 2050. Their findings indicate that, without additional policy interventions, the global economy could incur $41.4 trillion in losses, representing 14.5% of projected global GDP. According to Moody’s, around two-thirds of these losses ... Read the full article
Howden Re International names Ilka Freitag & Cem Nart as DACH Facultative Directors
1st October 2025
Howden Re International has announced the appointments of Ilka Freitag and Cem Nart as Directors, DACH Facultative Reinsurance. In their new roles, Freitag and Nart join a growing team of facultative specialists in Europe, based in Hamburg and Cologne. Freitag joins Howden Re after four years at Guy Carpenter, where she most ... Read the full article
Generali’s RT1 bond raises €500m, reinforcing financial strength
1st October 2025
Italian headquartered insurer Generali has announced the successful placement of its first perpetual Restricted Tier 1 (RT1) bond, a transaction that is aimed at further optimising its strong capital position. The RT1 bond raised €500 million - issued under Generali’s €15 billion Medium Term Note Programme - from a highly diverse ... Read the full article
Kuvare Life Re opens Representative Office in Tokyo to boost Asia expansion
1st October 2025
Kuvare Life Re, the reinsurance affiliate of Kuvare Holdings, has established a Japan Representative Office, boosting its strategic expansion into the Japanese and Asian markets. KLR has also appointed Daisuke Nagamori as Chief Representative, Asia-Pacific. Based in Tokyo, Nagamori will reportedly lead the firm's regional engagement efforts, serving as a "key conduit" ... Read the full article
Ritchie appointed Fergus Re CEO, Dadlani to become Chairman of the Board
1st October 2025
Bermuda-based reinsurance company, Fergus Re has announced the appointment of Stewart Ritchie as Chief Executive Officer (CEO), succeeding Navin Dadlani, who will assume the role of Chairman of the Board. With this strategic move, Fergus Re, a specialist in casualty risk, marks a new chapter for the company as it continues ... Read the full article
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