Reinsurance News
Everest names Ashleigh Sears Head of Alternative Risk and Accounts Excess Casualty
6th June 2025
Everest, a provider of reinsurance and insurance solutions, has named Ashleigh Sears as Head of Alternative Risk and National Accounts Excess Casualty for its North America Insurance division, reporting to Joe Fobert, Head of North America Retail Casualty and Industry Practices at Everest Insurance. Sears joins Everest from USQRisk, where she ... Read the full article
IDF & Bridgetown Initiative partner to drive integration of insurance into vulnerable communities
6th June 2025
The Insurance Development Forum (IDF) and the Bridgetown Initiative have partnered to drive deeper integration of insurance into the international financial architecture (IFA) as a key part of the toolkit for enhancing resilience in Emerging Markets and Developing Economies (EMDEs). The Bridgetown Initiative is a global campaign that advocates for the ... Read the full article
INTX Insurance Software expands to North America, offering a unified P&C platform
6th June 2025
INTX Insurance Software, a provider of a fully integrated solution for the entire property and casualty (P&C) insurance policy lifecycle, has launched its insurance policy administration platform in North America, following two decades of use in markets including the UK, Europe, the Caribbean, Bermuda, and Africa. The platform is positioned as ... Read the full article
Atrium adds Kate Gordge as Marine Hull and War Underwriter
6th June 2025
Atrium, a specialty insurer at the Lloyd’s insurance and reinsurance marketplace, has expanded its team with the addition of Kate Gordge as Marine Hull and War Underwriter. Gordge will work closely with Mike MacColl and the wider marine team to deliver underwriting services to brokers and clients in the Lloyd’s market. Most ... Read the full article
Renewal rates up YoY for all commercial lines except Workers’ Comp in May: Ivans
5th June 2025
Ivans, a division of Applied Systems, has released the May 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year across all major commercial lines of business except Workers’ Compensation. Month over month, Commercial Auto, General Liability, and Commercial Property saw increases in premium renewal ... Read the full article
MassMutual adds former Liberty Mutual CEO David Long to Board of Directors
5th June 2025
Massachusetts Mutual Life Insurance Company (MassMutual), a mutual life insurance company that provides financial protection, retirement, and investment solutions, has announced the appointment of David Long, former Chairman and CEO of Liberty Mutual Insurance, to its Board of Directors. “David’s exceptional track record of leadership and driving global growth, as well ... Read the full article
S&P highlights strong capitalisation and competitive strength of top EMEA insurers
5th June 2025
According to S&P Global Ratings, insurers based in Europe, the Middle East, and Africa (EMEA) maintain strong capital foundations and capital buffers that enable them to endure external shocks effectively. S&P’s criteria show that the aggregate capital adequacy of these insurers consistently surpasses a 99.99% confidence level, reflecting a highly secure ... Read the full article
Gallagher Re adds 11 to France BeLux team, names new Chairman and Directeur General
5th June 2025
Global reinsurance broker Gallagher Re has appointed Emmanuel Dubreuil as Chairman and Nicolas Rincé as Directeur General of France BeLux, as part of numerous new additions to the regional team. The pair will work in partnership with Thierry Myara, President of France, Belgium and Luxembourg, to develop and implement the broker’s ... Read the full article
AM Best sees strong UK pension risk transfer pipeline, but regulatory scrutiny on funded reinsurance
5th June 2025
AM Best, the credit rating agency, has maintained its stable outlook for the United Kingdom’s (UK) life insurance segment, driven by continued strength in pension risk transfers (PRTs), robust investment conditions, and growing revenue from defined contribution (DC) pensions. Despite certain challenges, AM Best believes the UK life insurance sector remains ... Read the full article
Westfield Specialty International appoints Amerjit Grewal as Chief Actuary
5th June 2025
Westfield Specialty International, the London-based specialty insurance arm of Westfield, has announced the appointment of Amerjit Grewal as Chief Actuary. Based in London, Grewal will report directly to Graham Evans, EVP, Head of International Insurance. She brings nearly 15 years of actuarial experience to the role. Grewal joins Westfield Specialty International from ... Read the full article
Ethos Specialty expands NA Transactional Risk capacity with Starr partnership
5th June 2025
Ethos Specialty, a Bishop Street company, has announced the expansion of its North American Transactional Risk capacity through a new partnership with Starr, a global insurance and investment organisation. In a challenging Transnational Risk market, Ethos Specialty continues to deliver best-in-class solutions, the firm stated. The addition of Starr to its ... Read the full article
Aon names Rupert Poland as Head of EMEA Digital Asset practice
5th June 2025
Aon, the global insurance and reinsurance broker, has appointed Rupert Poland as Head of Europe, the Middle East and Asia (EMEA) Digital Asset practice Poland will be based in London and report to Tom Davis, Aon's Executive Director, EMEA Financial Services Group. In his new role, Poland will work with teams to ... Read the full article
bolttech closes $147m Series C funding round with two new strategic investors
5th June 2025
Global insurtech bolttech has announced the addition of strategic investors Sumitomo Corporation and Iberis Capital as it successfully closes its Series C funding round, with total investments of $147 million, reflecting a company valuation of $2.1 billion. Sumitomo Corporation is one of Japan’s largest trading houses, while Iberis Capital is a ... Read the full article
Guy Carpenter strengthens leadership with three senior hires
5th June 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has appointed Mark Maritzen as Senior Client Executive, Damini Mago as North American Head of Cyber ILS, and Martha Jacobs as Healthcare Segment Leader and Branch Manager. Based in New York, Maritzen will serve as a Senior Client Executive for the C-suite ... Read the full article
MGAs’ premiums increased 15% to $89.9bn in 2024: AM Best
5th June 2025
Premiums generated through managing general agents (MGAs) and other delegated underwriting authority enterprises (DUAEs) reached $89.9 billion in 2024, a 15% year-over-year increase and the fourth consecutive year of double-digit growth, according to a recent AM Best report. The report noted that the number of MGAs producing $500 million or more ... 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.
