Reinsurance News
Rokstone expands into Asia Pacific with new marine insurance lead
5th June 2025
Rokstone, the international specialty re/insurance Managing General Agent (MGA) and part of the Aventum Group, has announced the appointment of Rama Chandran to lead its business in the Asia Pacific region. Chandran will join the company following the completion of his notice period at QBE International, where he currently holds the ... Read the full article
Ageas Re in €500m+ quota share with Triglav linked to Prima distributed motor business
5th June 2025
Ageas Re, the reinsurance division of international insurance group Ageas, has completed a reinsurance agreement with Slovenian insurer Triglav Group in connection with the motor insurance business distributed by Italian Insurtech Prima. This partnership is linked with Triglav Group’s collaboration with Italian direct Motor insurance distributor, Prima Assicurazioni S.p.A., with the ... Read the full article
New Zealand’s NHC secures $10.3bn of reinsurance protection at June 1
5th June 2025
Natural Hazards Commission Toka Tū Ake (NHC) has secured $10.3 billion of reinsurance protection for New Zealand at 1 June 2025 to help protect homeowners from the impact of natural hazards. The $10.3 billion figure marks an increase of $1.15 billion from June 2024's total reinsurance cover. It also includes $225 ... Read the full article
Resolution Life closes $1bn block reinsurance transaction in Hong Kong
5th June 2025
Global life insurance group Resolution Life has closed a $1 billion block reinsurance transaction with a leading life insurer in Hong Kong, its first transaction in the region. This reinsurance transaction covers an in-force portfolio of participating whole life and annuity policies. It also transfers materially all risks associated with the guaranteed ... Read the full article
Price Forbes Re appoints Isaac Sanday as Global Head of Life, Pensions & Annuities
5th June 2025
Price Forbes Re, an independent reinsurance broker, has entered the life, pensions and annuities space with the appointment of Isaac Sanday to the newly created role of Global Head of Life, Pensions & Annuities. Based in London, Sanday will report to Roger Smith, Head of Accident, Health and Life. In his new ... Read the full article
Aspen sees net income dip in Q1’25 as CoR deteriorates to 96.1%
5th June 2025
Aspen Insurance has reported a net income of $36.8 million in Q1 2025, down from $111.8 million in the same period of 2024, as its combined ratio increased to 96.1%. The firm reported growth in both gross and net written premiums in Q1 2025, which rose to $1.28 billion and $751.7 ... Read the full article
Arch Insurance International names Tim Chapman Head of Construction
5th June 2025
Arch Insurance International has announced the appointment of Tim Chapman as Head of Construction, a newly created leadership position, effective immediately. In this role, Chapman will be responsible for shaping and expanding Arch’s global construction portfolio. His remit includes growing the company’s open-market proposition and providing insurance solutions for large-scale and technically ... Read the full article
RGA enters into coinsurance transaction with Anshin Life
5th June 2025
Global life and health reinsurer, Reinsurance Group of America (RGA), has reached an agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), a domestic life insurance subsidiary of Tokio Marine Holdings, to reinsure a block of whole life policies through coinsurance. The new collaboration builds on a successful ... Read the full article
Younger generation says buying insurance should be simpler: Insurance Europe
5th June 2025
Young people believe that access to insurance must become simpler, more digital, and user-friendly to meet their distinct needs, according to a recent survey by Insurance Europe in partnership with the European Youth Parliament (EYP). The survey gathered responses from 651 young people across 33 European countries. While respondents said they ... Read the full article
Adrian Browne named UK Casualty Director at QBE
5th June 2025
Australian insurers QBE has announced the appointment of Adrian Browne as Director of Underwriting, Casualty for the UK, taking over the role from Anna Bennertt who is retiring at the end of 2025. Browne has over two decades of experience in insurance, spanning actuarial pricing and underwriting leadership. He has been part ... Read the full article
AM Best assigns Performance Assessment to RSUM
5th June 2025
Credit rating agency AM Best has assigned a Performance Assessment of PA-1 (Exceptional) to a group of nine affiliates of Ryan Specialty Underwriting Managers (RSUM), and given them a stable outlook. At the same time, AM Best upgraded the assessments to PA-1 (Exceptional) from PA-2 (Excellent) of Ryan Specialty Underwriting Managers ... Read the full article
Markel Insurance launches FI solutions in Australia, headed by Lan Pham and Daisy Galvin
5th June 2025
Markel Insurance, the insurance operations within Markel Group Inc., has launched Financial Institutions (FI) solutions in Australia, with localised wordings to service a broad range of organisations in the sector. This move is part of Markel's plan to progressively launch targeted and tailored specialty insurance products in the Australian market, and ... Read the full article
AM Best assigns credit ratings to Accelerant Re I.I., affirms Accelerant Holdings’ subsidiaries ratings
4th June 2025
Credit rating agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Accelerant Re I.I. (ARPR) (Puerto Rico), with a stable outlook. Concurrently, AM Best affirmed the FSR of A- (Excellent) and the Long-Term ICRs of ... Read the full article
Aon appoints Dan Hartung as Global Head of Event Response for Risk Capital
4th June 2025
Aon, the global insurance and reinsurance broker, has announced the appointment of Dan Hartung as the Global Head of Event Response for Risk Capital, effective immediately. With nearly 15 years of expertise in meteorology and catastrophe analytics, Hartung will oversee Aon’s event response operations. His role will focus on enhancing the company’s ... Read the full article
London-based Amiga Specialty launches with backing from B.P. Marsh
4th June 2025
Amiga Specialty, an independent international Managing General Agent (MGA) headquartered in London, has officially launched with the goal of becoming a leading force in the global insurance MGA market, driven by strategic acquisitions and strong organic growth. Well-capitalised and backed by investors, including publicly listed insurance investment specialist B.P. Marsh & ... Read the full article
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