Reinsurance News

Andy Frepp named Interim President of Moody’s Analytics

27th August 2025

Moody’s Corporation has appointed Andy Frepp as Interim President of Moody’s Analytics, effective immediately, succeeding Stephen Tulenko, who has resigned to pursue another opportunity. Most recently, Freep served as the Chief Operating Officer of Moody’s Analytics, a role he has held since January 2024. In the meantime, Moody’s has begun a process ... Read the full article

Combined ratio improves to 91.4% for APAC reinsurers in 2024: AM Best

27th August 2025

According to AM Best’s analysis, the rating agency's Asia-Pacific composite (which includes 33 reinsurers domiciled in the region reporting under IFRS 17 accounting standards) recorded an improved combined ratio overall in 2024 of 91.4%, compared to 92.5% in 2023 and 95.8% in 2022. AM Best noted that nearly all reinsurers in ... Read the full article

Jessica Laird promoted to CEO of Nephila Capital as Frank Majors steps back

26th August 2025

Nephila Holdings has announced that Jessica Laird has been promoted to CEO of Nephila Capital, the firm’s flagship catastrophe business, effective immediately, while Frank Majors will step down as Co-CEO of Nephila Holdings at year-end to focus on portfolio construction. Frank Majors co-founded Nephila in 1997 alongside Greg Hagood, and for ... Read the full article

Strategic focus drives profitable growth for re/insurers: Aon

26th August 2025

Aon, a global re/insurance broking group, has analysed $2 trillion of insurance premiums to identify the top profitable growth performers, concluding that “strategic focus and relevance consistently drive stronger financial outcomes — regardless of market conditions.” By comparing compound annual growth rates (CAGR) with returns on average equity (RoAE) for 120 ... Read the full article

The Hartford hires Stojanovic as head of Enterprise Strategy

26th August 2025

US-based insurer The Hartford has announced the appointment of Vladimir Stojanovic for the newly created role of head of Enterprise Strategy, effective 3 September. In his new role, Stojanovic will oversee trend analysis and competitive intelligence to identify emerging opportunities and disruptive forces shaping the industry. He will work with various teams ... Read the full article

Insurance Advisory Partners names Rinki Melwani as partner

26th August 2025

Insurance Advisory Partners (IAP), a boutique investment banking firm specialising in the insurance sector, has appointed Rinki Melwani as partner, effective 25th August, subject to regulatory approval. Based at IAP’s Lime Street office in London, Melwani will work alongside UK partners Clive Buesnel, Bhaven Pathak, and Benjamin James. Her appointment reinforces ... Read the full article

Willis strengthens commitment to Japanese insurance market

26th August 2025

Insurance broker Willis, a WTW business, has significantly expanded its Japanese Corporate Risk & Broking team, emphasising its commitment to the Japanese market. For the first nine months of 2025, Willis has hired 22 new professionals across its business, including for its brokerage service entity that was launched in October ... Read the full article

Milliman reports July pension buyout trends, slight cost decline amid rising competitive gaps

26th August 2025

Milliman, Inc., a consulting and actuarial firm, has released the latest update from its Milliman Pension Buyout Index (MPBI). In July, the estimated cost of transferring retiree pension obligations to an insurer through competitive bidding edged down slightly, from 100.2% to 100.1% of a plan’s accumulated benefit obligation (ABO). This places the ... Read the full article

QBE names Geisler as CEO of South Asia and Bethell as Head of Partnerships, Asia

26th August 2025

Australian insurer QBE has appointed Stephen Geisler as Chief Executive Officer (CEO) of South Asia and Ross Bethell as Head of Partnerships for its Asia business. The pair will be based in Singapore and report to Rob Kosova, CEO of QBE Asia. Geisler will take on his new role from September ... Read the full article

Africa Re reports resilient underwriting performance with CoR of 89.18% in H1’25

26th August 2025

The African Reinsurance Corporation (Africa Re) reported a solid net underwriting result of $54.35 million for the first half of 2025, with a combined ratio of 89.18%, up from 87.54% in the same period a year prior. The company noted that its solid underwriting performance underscores its operational resilience and disciplined ... Read the full article

Miller names Paul Cumberland Chief Broking Officer

26th August 2025

Independent specialist re/insurance broker Miller has announced the appointment of Paul Cumberland as Chief Broking Officer, a newly created global role. In his new role, Cumberland will report directly to James Hands, Group CEO. He will leverage his 25 years of industry experience to lead Miller’s strategic market engagement, data-driven innovation ... Read the full article

Bermuda re/insurers maintain favourable results amid modest softening: Fitch

26th August 2025

Fitch Ratings has reported that the eight Bermuda re/insurers it rates experienced declines in underwriting profitability and net earnings in H1 2025, though results remained strong overall, as premium growth slowed in a softening market environment. Fitch’s group of eight Bermuda re/insurers, which includes Arch, AXIS, Aspen, SiriusPoint, Everest, Hamilton, RenRe, ... Read the full article

CyberCube and Supercede partner to streamline cyber reinsurance placements

26th August 2025

CyberCube, a provider of cyber risk analytics, has partnered with Supercede, the reinsurance technology platform, to power faster, smarter cyber reinsurance placements. The strategic partnership allows brokers and carriers to send high-quality, structured submission data directly from Supercede into CyberCube’s analytics platform—eliminating manual formatting and streamlining the process from submission to ... Read the full article

Enstar launches $300m casualty reinsurance sidecar Scaur Hill Re

26th August 2025

Global legacy re/insurance specialist Enstar has launched Scaur Hill Re Ltd., its first casualty reinsurance sidecar funded by a small group of third-party institutional investors providing $300 million in capacity, as reported by Artemis, our insurance-linked securities (ILS) focused sister publication. The creation of Scaur Hill Re Ltd. is a particular ... Read the full article

Nick Greggains succeeds Richard Kerr as CEO of Novatae

26th August 2025

Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed Nick Greggains as its new Chief Executive Officer, succeeding Richard Kerr, who left the firm effective August 22nd, 2025. Kerr served as CEO of Novatae for nearly three years. He was also Chairman and CEO of ... Read the full article