Reinsurance News
Achmea, Lifetri, and Sixth Street launch major pension and life insurance partnership
2nd October 2025
Dutch insurance provider Achmea, technology-driven insurer Lifetri, and investment firm Sixth Street have finalised a strategic partnership in the pension and life insurance sector. Initially announced in November 2024, the collaboration has now received regulatory approval, with the Works Councils providing a positive recommendation. The newly formed joint venture, Achmea Pensioen & ... Read the full article
DUAL UK secures five-year Zurich-led capacity deal
2nd October 2025
DUAL UK has announced a five-year capacity deal led by global insurer Zurich, along with Liberty and other A-rated capacity providers to support its new regional Commercial Combined product. The new product is aimed at the £10,000 – £50,000 premium segment of businesses outside London. A Commercial Combined product, it has been ... Read the full article
Augment Risk and Cohen partner to bridge gap between reinsurance and ILS capital for casualty
2nd October 2025
Augment Risk, a risk capital and reinsurance solutions intermediary, and Cohen & Company, an asset management specialist, have entered a strategic joint venture that aims to transform the casualty reinsurance landscape by bridging the gap between reinsurance clients and insurance-linked securities (ILS) capital. This joint venture has been designed to provide ... Read the full article
Fitch shifts Mercury’s outlook to Stable on improved reinsurance program
2nd October 2025
Fitch Ratings has revised Mercury’s outlook to Stable, citing reduced concerns over the January 2025 wildfires and their potential impact on capital and profitability, as well as improvements in the company’s renewed catastrophe reinsurance program. Notably, Fitch has affirmed Mercury's property and casualty operating subsidiaries' Insurer Financial Strength (IFS) ratings of ... Read the full article
Gallagher Re appoints Jennifer Wen as Executive Director, Taiwan
2nd October 2025
Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Jennifer Wen as an Executive Director for its Taiwan team. In her new role, Wen will be responsible for leading the growth and continued expansion of the reinsurance broker's Taiwan business. Wen has more than three decades of experience across ... Read the full article
Q3 2025 cat bond issuance of $1bn+ takes nine-month total to record $18.6bn: Artemis
2nd October 2025
Catastrophe bond and related insurance-linked securities (ILS) issuance of $1.036 billion in the third quarter of 2025 has taken issuance for the nine-month period to September 30th, 2025, to $18.6 billion, which is a new annual record for the market, according to the latest quarterly report from Artemis. Read the full article
Standardised metrics needed to close $0.9tn cyber risk protection gap: Zurich
2nd October 2025
With the world facing a $0.9 trillion cyber risk protection gap, Zurich is calling for the adoption of standardised national cyber security metrics to close it, which would involve the collaboration between governments and the private sector. This gap highlights the vast difference between economic losses from cyber events and the ... Read the full article
WTW introduces parametric policy triggered by red weather warnings
2nd October 2025
Willis, a WTW business, has launched a first-of-its-kind parametric policy that triggers automatically when a Red Weather Warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. The policy was developed in collaboration with Swiss Re Corporate Solutions, which will act as the insurer. Red Weather ... Read the full article
AXIS Capital appoints Hannah Hosking as Head of Distribution, Global Markets
2nd October 2025
AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Hannah Hosking as Head of Distribution, Global Markets. Based in AXIS’ London office, Hosking will join the Global Markets leadership team and report to Edward Ashby, Chief Commercial Officer. In her new ... Read the full article
Recent M&A may not indicate widespread return for London market re/insurers: Autonomous
2nd October 2025
Even though the London re/insurance market has recently seen a number of merger and acquisitions (M&A) deals, this may not indicate a widespread return to M&A for all London-listed specialty re/insurers, Autonomous’ analysts suggest. The recent news that London Market insurer Inigo had agreed to be acquired for $1.7bn marks ... Read the full article
AEGIS London names Tom Squires as Head of Distribution and Digital Trading
2nd October 2025
AEGIS London, which has consistently been ranked in the top quartile of Lloyd’s syndicate for over a decade, has appointed Tom Squires as Head of Distribution and Digital Trading. In his new role, Squires will lead the syndicate’s distribution strategy and a new distribution function, strengthening the firm's relationships with brokers ... Read the full article
Allstate restructures senior leadership to drive Property-Liability growth
2nd October 2025
The Allstate Corporation has made a series of changes to its senior leadership team, including the placement of Mario Rizzo as Chief Operating Officer, responsible for the Property-Liability and Protection Services businesses. Rizzo, who was previously President of Property-Liability, has held numerous senior roles during his 33 years at Allstate, including ... Read the full article
PartnerRe appoints Niall Mulvey as CUO, Life & Health
2nd October 2025
Niall Mulvey has joined Bermuda-based reinsurer PartnerRe's Executive Leadership Team as Chief Underwriting Officer (CUO), Life & Health. Prior to PartnerRe, Mulvey worked at German reinsurer Hannover Re as Head of L&H Greater China, and Principal Business Lead, L&H Asia, before that. He also spent 14 years at Hannover Re Ireland, where ... Read the full article
Howden expands renewable energy facility across UK hubs
2nd October 2025
Howden, the global insurance intermediary group, has expanded its Aviva-led, Lloyd’s-accredited renewable energy facility across its UK retail network of renewable energy hubs. According to the firm, this expansion follows a successful pilot programme with Howden Scotland, and underscores its continued drive for innovation in insurance and supports the UK’s transition ... Read the full article
HDI UK&I announces executive underwriting appointments
2nd October 2025
HDI UK & Ireland has announced a number of executive appointments across its underwriting functions, effective 1st October 2025. Kate Sutcliffe, formerly HDI’s UK and Ireland Director of Property, has been appointed Chief Underwriting Officer – Short Tail. In this expanded role, Sutcliffe will oversee underwriting for Property, Marine, Engineering, Risk Engineering, ... Read the full article
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