Reinsurance News
McKenzie Intelligence Services and Eagleview partner to support cat response for insurance industry
28th August 2025
McKenzie Intelligence Services (MIS), a provider of geospatial intelligence, and Eagleview, a developer of advanced geospatial technology, have announced a collaboration to strengthen the insurance industry’s capabilities in responding to large-scale events across North America. The partnership combines MIS’s rapid and precise military-grade intelligence analysis with Eagleview’s high-resolution aerial imagery captured ... Read the full article
Accelerant’s net income soars 242% to $13.1m in Q2’25
28th August 2025
Accelerant Holdings has reported a net income of $13.1 million for the second quarter of 2025, marking a 242.4% increase from a net loss of $9.2 million in the same period a year earlier. Total revenues for the quarter reached $219.1 million, up from $130.1 million in Q2’24. This included net ... Read the full article
ILS market continues to break records: Fitch Ratings
28th August 2025
Insurance linked securities (ILS) capital has continued to break records in 2025, according to a recent report by Fitch Ratings, with catastrophe bonds issuance reaching unprecedented numbers, total alternative capital also hitting a record high, and sidecar growth. A surge in investor interest, both existing players and new entrants, has funnelled ... Read the full article
Talanx expands Stephanie Bode’s role in reinsurance leadership
28th August 2025
Talanx Group, the German insurance and reinsurance group and parent company of HDI Global, has expanded Stephanie Bode’s responsibilities within its Reinsurance division. Bode will continue as Head of Reinsurance at HDI Global while also taking on leadership of the Corporate & Specialty Lines department within Talanx Group Reinsurance, serving in ... Read the full article
Cyber incident response planning a key control in reducing cyber risk: Marsh
28th August 2025
Cyber incident response planning has emerged as a key cybersecurity control in reducing the likelihood of a breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that organisations that regularly engage in tabletop exercises and scenario-based breach response drills are ... Read the full article
Aon appoints Tom Anderson as Head of Professional Services
28th August 2025
Aon, a global insurance and reinsurance broking group, has appointed Tom Anderson as Head of Professional Services, Global Broking Centre (GBC), London. In his new role, Anderson will be responsible for leading and overseeing strategic advisory, operational efficiency, and client service delivery across broking activities for Professional Services in the GBC. He ... Read the full article
Reinsurance growing as a strategic capital and risk management tool: AM Best
28th August 2025
US life and annuity (L&A) insurers are increasingly turning to reinsurance as a strategic capital and risk management tool, with leverage ratios climbing steadily over the past decade, according to a new report from AM Best. In a new report, the rating agency noted that reinsurance leverage for the US L&A ... Read the full article
Gallagher Re names Xander Georgetti as Executive Director, Specialty Lines UK
28th August 2025
Global reinsurance broker Gallagher Re has announced the appointment of Xander Georgetti as Executive Director within its Specialty Lines UK team. In his new role, Georgetti will be responsible for the production and placement of Credit, Surety, and Political Risk business, focusing on both UK and global clients. He joins Gallagher Re ... Read the full article
The Hanover broadens life sciences solutions for small businesses
28th August 2025
The Hanover Insurance Group, Inc. has expanded its Business Owner's Advantage product to meet the evolving needs of the life sciences industry. The expanded suite is designed for early-stage and smaller businesses, offering customised coverage for a wide range of life sciences organisations. Available through The Agency Place (TAP) Sales, the company’s ... Read the full article
Conduit Re strengthens underwriting team with key promotions and new hire
28th August 2025
Bermuda-based reinsurer Conduit Re has strengthened its underwriting team with the promotion of Angus Hampton to Head of Casualty, the expansion of Peter Kiernan’s role to include broker and client management, and the strategic hire of David Frawley to its specialty team. As Head of Casualty, Hampton will manage Conduit Re’s ... Read the full article
PERILS expands Wind-Jeannie to Japan, updates all existing models
28th August 2025
Zurich-domiciled catastrophe insurance data provider PERILS has launched Wind-Jeannie Japan, a new platform providing real-time industry loss forecasts for typhoons in the country. The product provides industry loss forecasts for typhoon events for the upcoming 72 hours. It operates continuously with forecasts updated in real-time every 12 hours, and also provides ... Read the full article
Kingdom of Lesotho receives payout under ARC sovereign drought parametric policy
28th August 2025
African Risk Capacity Limited (ARC), a specialised agency of the African Union, has issued an insurance payout of $2,767,958 to the Government of the Kingdom of Lesotho, after its sovereign drought insurance policy for the 2024/25 agricultural season was triggered. This payout was made possible by the Government’s subscription to ARC’s ... Read the full article
AUB international business sees AUD 104.1mn pre-tax profit for FY25
28th August 2025
Australian insurance broker AUB Group has released its 2025 financial year results, reporting that its international business unit, which includes Tysers, reported a pre-tax profit of AUD 104.1 million, a 7.6% increase from the same period last year. AUB Group acquired Tysers from Odyssey Investment Partners in September 2022. FY24 ... Read the full article
Peak Re’s GWP climb 25% to $1.1bn in H1’25
27th August 2025
Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer Peak Re for the first half of 2025, reporting gross written premiums (GWP) of $1.06 billion, a 25.1% increase compared to the same period a year earlier. As of the end of the reporting period, Fosun held an ... Read the full article
Chariot Re appoints Reena Pally as Chief Investment Officer
27th August 2025
Chariot Re, a newly established Bermuda-based life and annuity reinsurance company, has appointed Reena Pally as Chief Investment Officer, effective 1st September 2025. Chariot Re launched in 2025 with co-sponsorship from MetLife and General Atlantic. The two firms revealed that Chariot Re has an initial combined equity investment of over ... Read the full article
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