Reinsurance News
Arch Insurance (EU) adds Richard as Head of Casualty & du Parc Locmaria as Senior Casualty Underwriter for France
22nd September 2025
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Patrick Richard as Head of Casualty and Virginie du Parc Locmaria as a Senior Casualty Underwriter, for the French market, effective September 15th, 2025. The pair join Arch Insurance (EU) dac (AIEU), which provides specialist property and casualty insurance ... Read the full article
Three-year downward trend in property claims continued in Q2’25: Verisk
19th September 2025
The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report. Verisk attributed the decline in claim volume to non-CAT claims, which dropped 16.8%. ... Read the full article
ACORD study identifies strategies behind top-performing US specialty commercial insurers
19th September 2025
ACORD, a nonprofit organisation that develops standards for the insurance industry, has released a new study titled US Specialty Commercial Insurance Market: The Keys to High Performance, which finds that 65% of Excess & Surplus (E&S) writers and 84% of admitted specialty insurers included in the study achieved superior performance. The ... Read the full article
Willis adds Gillespie as Head of Data & Analytics, Global Direct & Fac Specialty
19th September 2025
Insurance broker Willis, a WTW business, has appointed James Gillespie as its new Head of Data & Analytics for its Global Direct & Facultative Specialty team. In his new role, Gillespie will lead the development of new and innovative products, harnessing insights gained from Willis’ data sources, including the broking platform. ... Read the full article
Access to insurance not yet driving climate adaptation investments: Marsh
19th September 2025
In a landscape of increasing extreme weather events, only 5% of private sector organisations view “access to insurance” as their primary motivation for investing in climate adaptation, compared to 53% who prioritise the “need to manage risk,” according to a recent survey by Marsh. Marsh’s 2025 Climate Adaptation Survey analysed responses ... Read the full article
Strong returns hold as property pricing slides but soft market concerns overstated: Citizens
19th September 2025
At this year’s Monte Carlo Rendezvous de Septembre, Citizens Bank, a provider of financial and insurance insights, observed that while property catastrophe pricing is sliding, the broader reinsurance market continues to deliver solid returns. After meeting with reinsurers, insurers, and brokers, Citizens Bank’s view is that speculation of a widespread soft ... Read the full article
Ed Le Flufy becomes Lockton Re’s Global Head of Cyber
19th September 2025
Lockton Re, the reinsurance arm of the privately held independent insurance broker, has announced the appointment of Ed Le Flufy as Global Head of Cyber, a London-based role. In his new role, the executive will lead Lockton Re's Cyber team drive the further development, and focus on building a multi-disciplinary Global ... Read the full article
Swiss Re and Munich Re back newly launched CEI & Generali parametric solution
19th September 2025
Global insurer Generali and Conferenza Episcopale Italiana (CEI) have partnered to launch a new parametric insurance solution to protect parish entities in Italy's 226 dioceses from the impacts of natural catastrophes. Swiss Re and Munich Re are providing reinsurance capacity and expertise for this program, which also involves broking group Howden ... Read the full article
Howden to acquire US entertainment broker Gravitas
19th September 2025
Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gravitas Insurance Agency LLC (Gravitas), a US retail brokerage specialising in contingency insurance for music, sport and live events. Founded in 2022 by John Tomlinson, Gravitas is an independent insurance brokerage built exclusively to serve today's music, sport, ... Read the full article
North American insurance brokers target bigger deals as growth cools: Fitch
19th September 2025
According to Fitch Ratings, a global credit rating agency, US and Canadian insurance brokers are increasingly relying on larger acquisitions to maintain momentum as organic growth slows. The trend has pushed deal sizes sharply higher over the past two years, reflecting a shift in strategy that carries greater credit risk for ... Read the full article
Helios hires Arch’s Louis Tucker as CEO
19th September 2025
Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has hired Louis Tucker from Arch Capital Group as its new Chief Executive Officer (CEO), subject to regulatory approval. Tucker is expected to commence his tenure as Helios CEO ... Read the full article
Roosevelt Road Specialty and Neural Earth partner to advance property underwriting with AI
19th September 2025
Roosevelt Road Specialty, a Managing General Underwriter (MGU) that provides customised insurance solutions, has entered into a strategic partnership with Neural Earth Inc., a technology company specialising in artificial intelligence–driven geospatial risk analytics. The collaboration is focused on enhancing property underwriting by incorporating advanced data and analytics into decision-making processes. The agreement ... Read the full article
Hippo adds Hay and Holliday to Board of Directors
19th September 2025
Home insurance firm Hippo has appointed Laura Hay and Susan Holliday to its Board of Directors, with the former joining the Audit, Risk, and Compliance Committee and the Nominating and Corporate Governance Committee, and the latter the Audit, Risk, and Compliance Committee and the Compensation Committee. Most recently, Hay was the ... Read the full article
Marco Re gets A3 insurance financial strength rating from Moody’s
19th September 2025
Moody’s Ratings has assigned an A3 Insurance Financial Strength Rating (IFSR) to Marco Re Limited, a Guernsey domiciled reinsurer focused on non-life run-off insurance portfolios, reflecting its core status within the broader Marco Capital group. The outlook for the rating is stable, reflecting Moody’s expectation that the group will maintain its ... Read the full article
Howden adds Jonny Gray as a Senior Advisor to its Sport and Entertainment practice
19th September 2025
Howden, the global insurance and reinsurance broking group, has appointed sports industry expert Jonny Gray as a Senior Advisor to its Sport and Entertainment practice, based in London. This appointment aims to continue the growth of Howden's global sport and entertainment unit. Previously, Gray has held several senior appointments in the sports ... Read the full article
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