Reinsurance News
Lockton appoints Serrault as COO of US, Kuonen named COO of Dunning
1st July 2025
Lockton, a privately held insurance brokerage, has appointed Nick Serrault as Chief Operating Officer (COO) for its US operations, reporting to Tim Ryan, Lockton’s US President, based in Texas. Serrault has nearly two decades of industry experience, including nearly a decade of leadership experience at Lockton. Most recently, he was the COO ... Read the full article
Hiscox launches new Cargo API for smaller risks
1st July 2025
Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo - risks that typically do not get placed in the London insurance market. The new solution, available through Hiscox’s broker partners, focuses on underwriting small cargo ... Read the full article
UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk
30th June 2025
UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversity loss and ecosystem degradation are quickly becoming significant issues for financial systems. NATURE-INSURE seeks to enhance supervisory abilities, encourage nature-aware ... Read the full article
Swiss Re’s global reach guides clients through new markets & supply chain shifts: Porter
30th June 2025
Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm’s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical guidance to help companies shift supply chains into new or unfamiliar markets. Speaking with Reinsurance News in ... Read the full article
WTW enhances Radar with integration of Verisk’s ISO ERC
30th June 2025
WTW, an advisory, broking, and solutions firm, has launched a new feature in its analytics deployment solution, Radar, enabling users to accurately adjust to market price movements in real time by incorporating Verisk’s ISO Electronic Rating Content (ISO ERC). In today’s competitive environment, insurers need fast, reliable access to the latest ... Read the full article
Ardonagh completes $2.5bn equity investment led by Stone Point Capital
30th June 2025
The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group at $14 billion. This landmark transaction sees Stone Point become a significant shareholder in ... Read the full article
Hannover Re appoints Kai Aschenbach as General Manager
30th June 2025
Global reinsurer Hannover Re has announced the appointment of Kai Aschenbach as General Manager. In his new role, Aschenbach will focus on the consistent implementation of core IT topics and the standardised support and integration of the company’s platforms. He joined Hannover Re in 2022 and most recently served as Head of ... Read the full article
David Petrone to lead MSIG USA Northeast region distribution
30th June 2025
MSIG USA, a provider of specialty insurance solutions, has announced the appointment of David Petrone as Northeast region distribution leader. Petrone will leverage his over three decades of industry experience to drive regional distribution strategy, deepening broker and client relationships, and supporting MSIG USA's underwriting capabilities with market insights and strategic ... Read the full article
MAPFRE RE bolsters senior management with three appointments
30th June 2025
MAPFRE RE, the reinsurance and global risks arm of Madrid-based insurer MAPFRE, has strengthened its senior management with the appointment of Fernando Utrilla Agüero as Deputy Chief Financial Officer (CFO) and José López González as Assistant General Manager of MAPFRE Group Business, effective July 1st, 2025. The pair will report directly ... Read the full article
Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings
30th June 2025
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited ... Read the full article
Florida insurance market expands with two new companies amid continued stabilisation
30th June 2025
Florida Insurance Commissioner Mike Yaworsky has announced the addition of two new insurance companies approved to write residential policies in the state, reflecting continued progress in Florida’s insurance market. Since major legislative reforms were enacted, the market has stabilised and expanded, now including 14 new insurers operating within Florida. The state’s domestic ... Read the full article
Trend towards buyer-friendly conditions accelerated at mid-year renewals: Aon
30th June 2025
In its mid-year 2025 reinsurance market dynamics report, Aon has highlighted that the increased availability of property catastrophe reinsurance, combined with greater flexibility from reinsurers, makes this an opportune moment for insurers to reevaluate their protection strategies. As regular readers will know, June 1 and July 1 mark major reinsurance renewal ... Read the full article
Advantage Re joins DIFC’s growing community
30th June 2025
Managing general agent Advantage Re has joined the Dubai International Financial Centre (DIFC), a financial hub for the Middle East, Africa, and South Asia (MEASA). This strategic move brings Advantage Re’s specialised expertise in insurance, reinsurance and risk management solutions to the region and global markets, further solidifying DIFC's position as a prominent ... Read the full article
Amynta Risk Solutions names Michael Coghlan Head of A&H Reinsurance
30th June 2025
Amynta Risk Solutions, an insurance services company with more than $3.5 billion in managed premium, has appointed Michael Coghlan to lead its Accident and Health (A&H) Reinsurance business. Coghlan is an insurance and reinsurance industry veteran with over two decades of experience. He has deep expertise in health re/insurance, risk management, ... Read the full article
SCOR appoints Gilles Nansenet as Global Account Executive
30th June 2025
French reinsurer SCOR has announced the appointment of Gilles Nansenet as Global Account Executive within its Global Client Unit in Paris. Nansenet brings 35 years of experience in the property and casualty reinsurance industry. He joins SCOR after two decades at AXA XL Re, where he most recently served as Market ... Read the full article
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