Reinsurance News
MSIG USA names Hank Kinne Regional Distribution Leader for Mountain and South Central States
19th August 2025
MSIG USA, a specialty commercial insurance provider, has appointed Hank Kinne to lead distribution efforts across the Mountain and South Central states, reporting directly to Joseph Fitzpatrick, MSIG USA’s Head of Distribution. Kinne brings over 30 years of experience in the insurance sector, covering underwriting, account management, and senior leadership roles. He ... Read the full article
S&P rates Liberty Mutual’s China unit ‘A-’ with stable outlook
19th August 2025
S&P Global Ratings has assigned an 'A-' local currency long-term issuer credit and financial strength rating to Liberty Insurance Co. Ltd. (Liberty China), the China-based underwriting entity of Liberty Mutual Group Inc. The outlook is stable. S&P said the rating reflects Liberty China’s strategic importance to its US-based parent, underlining the ... Read the full article
Law firm Smith Gambrell adds reinsurance partner Simon Kilgour
19th August 2025
Global law firm Smith, Gambrell & Russell, LLP, has appointed UK-qualified dispute resolution partner, Simon Kilgour, to its London team. Opened in 2017, the firm’s London and Southampton offices house a robust global transportation practice comprising experienced practitioners in the UK working collaboratively with lawyers situated across several of US offices. This ... Read the full article
Mantas looks to be first parametric MGA in the UAE
19th August 2025
Mantas, a provider of parametric cyber insurance and predictive analytics to help businesses mitigate cloud downtime risks, has secured In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). The license allows Mantas to operate as a regulated Managing General Agent (MGA) upon the issuance of ... Read the full article
MGA Elevate Specialty launches to revolutionise embedded & specialty insurance
18th August 2025
Elevate Specialty, a new managing general agent (MGA), has officially launched, entering the UK market with a mission to transform embedded and specialty insurance. The company aims to help make protection a seamless part of customers’ lives, moving away from outdated legacy models that “often deliver poor customer experiences and stifle ... Read the full article
Kay Scholz succeeds Martin Pfister as Swiss Re’s Head of Credit & Surety Reinsurance
18th August 2025
Swiss Re has appointed Kay Scholz as its new Head of Credit & Surety Reinsurance, effective 1st January 2026, succeeding Martin Pfister, who will assume the newly created role of Head of PRI and Structured Trade Credit Reinsurance. Scholz has spent the past 18 years at R+V Re in various senior ... Read the full article
RGA and Allianz Suisse complete $350m reinsurance transaction
18th August 2025
Reinsurance Group of America, Incorporated (RGA), an international life and health reinsurer, has completed an asset-intensive reinsurance arrangement with Allianz Suisse Versicherungs-Gesellschaft AG. The agreement transfers market and insurance risks associated with US $350 million in Swiss disability annuity obligations. This marks the first arrangement of its type in Switzerland and ... Read the full article
Aon invests in GLP-1 program specialist eMed
18th August 2025
Aon has invested in eMed Population Health, a provider of GLP-1 programs, to expand employer-sponsored access to GLP-1 therapies and scale obesity treatment solutions. For those unaware, GLP-1 (glucagon-like peptide-1) is a hormone that helps regulate blood sugar and appetite, and GLP-1 drugs mimic its effects to aid in diabetes management ... Read the full article
AIG appoints Hallworth as new Chief Digital Officer
18th August 2025
Global insurer American International Group, Inc. (AIG) has announced the appointment of Scott Hallworth as Chief Digital Officer, effective September 1. Based in New York, Hallworth will joinf AIG’s Executive Leadership Team. He will initially report to Claude Wade, the current Executive Vice President, Chief Digital Officer and Global Head of ... Read the full article
Gallagher closes $13.45bn acquisition of AssuredPartners
18th August 2025
Global insurance brokerage Arthur J. Gallagher & Co. has announced the completion of its acquisition of US insurance broker AssuredPartners. In December 2024, Gallagher entered into a definitive agreement to acquire AssuredPartners from GTCR for a total consideration of $13.45 billion. The transaction is reportedly the largest sale of a U.S. ... Read the full article
AM Best maintains negative outlook on Brazil’s reinsurance market
18th August 2025
Credit rating agency AM Best has announced it is maintaining a negative outlook on Brazil’s reinsurance market segment, citing political uncertainty and tax reform measures that are pressuring the industry’s profitability. The report noted that regulatory restrictions on foreign assets have limited domestic reinsurers’ growth abroad, in addition to the approaching ... Read the full article
BHSI promotes Irfan Esa to Head of National Business, UK
18th August 2025
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has promoted Irfan Esa to Head of National Business in the UK. Esa brings over two decades of experience in the UK insurance industry. He joined BHSI in July 2020 as Manager of National Property, UK. Prior ... Read the full article
Mercury targets growth in higher wildfire risk areas with new California rate filing
18th August 2025
Mercury Insurance, a California-based provider of auto and home insurance, has submitted a rate filing for its California Homeowners program, based on the State's Sustainable Insurance Strategy, to expand coverage in high-risk wildfire zones. The filing is the first to use the recently reviewed Verisk Wildfire catastrophe model, which helps estimate ... Read the full article
Zhibao Technology signs agreement to form joint venture for risk reduction services in China
18th August 2025
Zhibao Technology Inc., a China-based InsurTech company specialising in digital insurance brokerage, has announced that it has entered into an agreement to establish a joint venture with Beijing Zhongfang Hongchuang Technology Company Limited, a wholly owned subsidiary of the China Disaster Prevention Association, and Guangzhou Ruiling Intelligent Technology Co., Ltd., ... Read the full article
Sukoon Insurance names Sandy Warne as Active Underwriter for Syndicate 2880
18th August 2025
Sukoon Insurance has announced the appointment of Sandy Warne as Active Underwriter for Syndicate 2880. Warne brings nearly 30 years of experience in the re/insurance industry, spanning specialty lines insurance broking, underwriting, and reinsurance broking. She joins Sukoon from Howden Re, where she most recently served as Managing Director, Global Specialty and ... Read the full article
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