Reinsurance News
Aon survey finds geopolitical volatility breaks into global top 10 business risks
1st October 2025
Aon plc, a professional services firm providing risk, retirement and health solutions, has released the 2025 edition of its Global Risk Management Survey. Now in its 19th year, the biennial study has become a key benchmark for understanding how organisations around the world identify and prioritise threats. This year’s findings highlight a ... Read the full article
Brookfield Wealth Solutions enters into Japan-based reinsurance agreement with Dai-ichi Frontier Life
1st October 2025
Brookfield Wealth Solutions Ltd., a provider of retirement services, wealth protection products and tailored capital solutions, has signed its first Japan-based reinsurance agreement with insurer, Dai-ichi Frontier Life. According to the agreement, Dai-ichi Frontier Life will reinsure liabilities to Brookfield Wealth Solutions’ US-based subsidiary, American National Insurance Company, on a flow ... Read the full article
Canada Life Re expands US P&C team
1st October 2025
Canada Life Reinsurance, a division of Canada Life that provides solutions to help insurers manage risk and grow their businesses, has announced the appointment of Minas Kalachian to its US Property & Casualty (P&C) team. Kalachian brings extensive experience in structured reinsurance and well-established relationships with clients and brokers. The appointment strengthens ... Read the full article
Fortitude Re enters funding agreement backed notes market
1st October 2025
Global reinsurance company Fortitude Re has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has entered the funding agreement backed notes market with an inaugural $500 million issuance. The move is a strategic step to diversify the company’s capital sources and support its ongoing growth initiatives. The notes, which are a ... Read the full article
Verisk launches XactAI to streamline property claims processing
1st October 2025
Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has introduced XactAI, a new suite of artificial intelligence tools aimed at improving the efficiency and consistency of property claims handling. XactAI is integrated into Verisk’s Xactware platform, widely used by insurance professionals and claims ... Read the full article
Nascent Group appoints Bellal Rahman as SVP
1st October 2025
Nascent Group, a Bermuda-based insurance service provider, has announced the appointment of Bellal Rahman, formerly of Catalina Life Re, as Senior Vice President (SVP). In his new role, Rahman will oversee a portfolio of reinsurance and insurance clients, advancing outsourced finance and reporting, statutory and prudential compliance, and operational governance for ... Read the full article
Tokio Marine GX warns of growing insurance “protection gap” threatening green transition
1st October 2025
Tokio Marine GX (TMGX), a specialist insurer evolving from renewables underwriter GCube Insurance, has issued a stark warning about a growing “protection gap” in the insurance market that threatens the success of the global green transition. Drawing on more than 25 years of underwriting experience and data, the firm’s latest market ... Read the full article
CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m
30th September 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fourth industry loss estimate for the ice storm that affected Ontario and Quebec from March 28 to 31, 2025, raising losses to CAD 490 million. The event involved a prolonged period of wintry precipitation across southern ... Read the full article
Surge in specialty carrier launches: ALIRT study
30th September 2025
There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALIRT. In its annual Surplus Lines study, ALIRT noted that while specialty carriers remain ... Read the full article
Government shutdown could pressure US economy and insurers, AM Best warns
30th September 2025
A US government shutdown would quickly ripple through the economy and create challenges for the insurance industry, with the extent of the fallout depending on how long it lasts, according to a new analysis from AM Best, the credit rating agency. In its report, “US Government Shutdown May Increase Economic Uncertainty ... Read the full article
Blue Ocean Re appoints Sefani Busby-Thornhill as SVP & Account Executive
30th September 2025
Managing general agent (MGA) platform Blue Ocean Reinsurance Group has announced the appointment of Sefani Busby-Thornhill as Senior Vice President (SVP) and Account Executive. Busby-Thornhill brings more than 10 years of experience in alternative risk and reinsurance. She joins Blue Ocean from North End Re, where she served as Manager, Reinsurance Operations ... Read the full article
Bamboo and Accredited partner on reinsurance deal for new E&S signature program
30th September 2025
Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, alongside specialty insurer Accredited, have completed the reinsurance program supporting the launch of their new E&S Signature program. This reinsurance placement involves the funding of a multi-year sidecar transaction via Greenshoots Re, which was originally established in conjunction with ... Read the full article
Moore named Head of Group Captives for Zurich North America
30th September 2025
Zurich North America has announced the appointment of Matthew Moore as Executive Vice President - Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich North America. The executive will be responsible for the strategy ... Read the full article
UK Space Agency funds Howden to develop advanced biodiversity risk monitoring solution
30th September 2025
Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and artificial intelligence (AI). The project was conducted in the Howden Resilience Laboratory, Howden’s digital innovation ... Read the full article
Ageas completes acquisition of esure from Bain Capital
30th September 2025
International insurance group Ageas has completed its acquisition of esure from Bain Capital for a total consideration of £1.295 billion. Initially announced in April 2025, Ageas confirmed that all necessary regulatory approvals have now been obtained and the transaction has been completed. The acquisition marks a major milestone for the Group, ... Read the full article
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