Reinsurance News
Gallagher Re appoints Aon’s Pablo Muñoz as Global Fac CEO
2nd July 2025
Global reinsurance broker Gallagher Re has announced the appointment of Pablo Muñoz as Chief Executive Officer (CEO) of Global Facultative Reinsurance, effective July 2, 2025. Based between London and Miami, Muñoz will leverage his over 25 years of industry experience to lead Gallagher Re’s global facultative solutions team, delivering comprehensive services ... Read the full article
Achim Bosch begins tenure as CEO of Deutsche Rück
2nd July 2025
Achim Bosch has officially taken as Chief Executive Officer (CEO) of Deutsche Rückversicherung AG (Deutsche Rück) as of July 1st, 2025, from Frank Schaar, who held the role since February 2018, and is retiring. The Supervisory Board of Deutsche Rück had appointed Bosch as its new CEO on November 18th, ... Read the full article
MS Transverse eyes growth following AM Best rating upgrade: President, John Fitzgerald
2nd July 2025
In an interview with Reinsurance News, John Fitzgerald, President of MS Transverse, said the company’s recent upgrade of its Financial Strength Rating to A+ (Superior) from A (Excellent) by AM Best cements its leadership in the hybrid fronting space and positions it as an attractive partner for top-tier MGAs ... Read the full article
Earnix unveils new PolicyCenter v10 Accelerator on Guidewire Marketplace
2nd July 2025
Earnix, a Dynamic-AI platform for insurance, has announced that its new PolicyCenter v10 accelerator is now available to Guidewire PolicyCenter version 10 users via the Guidewire Marketplace, helping insurers respond quickly to market changes and improve profitability. Earnix’s new PolicyCenter version 10 integration offers a fully integrated intelligent pricing and rating ... Read the full article
LMA launches new model clause to boost sanctions compliance in re/insurance contracts
2nd July 2025
The Lloyd’s Market Association (LMA) has launched a new model clause, LMA5670 – General Sanctions Financial Crime Documentation Clause, designed to strengthen sanctions compliance in reinsurance and insurance contracts. This measure aims to empower re/insurers and brokers in navigating the increasingly intricate and rapidly evolving landscape of sanctions and finance crime ... Read the full article
Liberty Specialty Markets appoints Niala Butt as Head of Casualty Claims, UK
2nd July 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Niala Butt as Head of Casualty Claims, UK, effective immediately, based in London. In her new role, she will report to Nik Mahida, Head of Third-party claims, UK & MENA, LSM. Butt will lead the casualty claims team, supporting ... Read the full article
MAPFRE RE partners with ICEYE for global flood data
2nd July 2025
Global reinsurer MAPFRE RE has entered into an agreement with ICEYE, an specialist in satellite-based disaster management solutions, to license its Flood Insights data globally. This collaboration aims to improve MAPFRE RE’s rapid and effective response to natural catastrophes. This will be achieved thanks to ICEYE’s near real-time flood data, which will ... Read the full article
Janine Seifert named Managing Director, Strategy and Advisory at BMS Re
2nd July 2025
BMS Group, an independent global insurance and reinsurance broker, has announced the appointment of Janine Seifert as Managing Director of Strategy and Advisory at BMS Re, the reinsurance division of BMS Group. In her new role, Seifert will be based in BMS Re’s Miami office. She brings nearly two decades of reinsurance ... Read the full article
Fortitude Re closes $3.4bn long-term care reinsurance transaction with Unum
2nd July 2025
Fortitude Re has closed a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum), a subsidiary of Unum Group. Consistent with the agreement announced earlier this year, Unum will cede to FRL, effective as of January 1, 2025, $3.4 billion of ... Read the full article
Ariel Re secures $150m of multi-peril retro reinsurance with latest cat bond
2nd July 2025
Global reinsurer Ariel Re has successfully sponsored its fifth catastrophe bond, Titania Re 2025-1, providing it with $150 million of multi-peril retrocessional reinsurance protection with a state-weighted industry loss trigger over four years. Consistent with prior transactions, detailed in the Deal Directory of our sister publication, Artemis, the bond offers ... Read the full article
Howden acquires majority stake in Japanese retail broker Holos
2nd July 2025
Howden, the global insurance and reinsurance broking group, has acquired a majority stake (68.3%) in Holos Holdings Co., Ltd. (Holos), a Kyoto-headquartered retail insurance broker. Founded in 2001 by Kei Horii, Holos is a privately owned retail insurance broker with over 400 employees across 20 locations in Japan. The acquisition marks a ... Read the full article
Mariza Costa named Aspen’s Head of Investor Relations
2nd July 2025
Bermuda domiciled re/insurer Aspen Insurance Holdings has announced the appointment of Mariza Costa as Head of Investor Relations. In her new role, Costa will be responsible for managing relationships between Aspen and its investors, analysts, ratings and other financial stakeholders, providing shareholder analyses and supporting the communication of Aspen’s financial performance, ... Read the full article
MetLife & General Atlantic-backed Chariot Re completes first reinsurance deal
2nd July 2025
Chariot Re, an independent Bermuda-based Class E life and annuity reinsurance firm launched with co-sponsorship by MetLife and General Atlantic, has completed its first reinsurance transaction with a subsidiary of MetLife. Chariot Re, unveiled in 2024 with support from lead investor Chubb and other backers, will reportedly reinsure approximately $10 ... Read the full article
CFC appoints Ian McLean as Chief Technology Officer
2nd July 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Ian McLean as Chief Technology Officer. In his new role, McLean will be responsible for accelerating the delivery of CFC’s technology roadmap. He brings over 25 years of experience in scaling technology organisations and driving transformative ... Read the full article
MS Re adjusts leadership within underwriting operations
2nd July 2025
Global reinsurer MS Reinsurance (MS Re) has made numerous leadership changes to its underwriting operations in certain regions and also announced structural adjustments within the Americas, International, and Global Specialty Lines business units to ensure teams are more directly connected to their clients. Specifically, the reinsurer will organise its specialty offering ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
