Reinsurance News
Parametric Insurtech Sola raises $8m Series A to expand property coverage
27th August 2025
Parametric insurtech Sola, a company providing data-driven property insurance solutions, has announced that it has secured $8 million in Series A funding, bringing its total funding to $11.7 million. The round was led by FINTOP Capital and JAM FINTOP, with participation from 10vc and Georgia Tech. Sola offers property insurance that ... Read the full article
Global reinsurers meet cost of capital second year in a row: AM Best
27th August 2025
According to the latest AM Best analysis, global reinsurers met the cost of capital for a second consecutive year in 2024, after four years of failing to do so, despite catastrophes like the California wildfires, driven by strong market performance. Strong market performance reportedly drove down the cost of equity and, ... Read the full article
Debono joins SI Re as Underwriting Manager for Italy and Northern Europe
27th August 2025
Swiss reinsurer SIGNAL IDUNA Reinsurance Ltd (SI Re) has appointed Simone Debono as Underwriting Manager for Italy and Northern Europe. Debono joins SI Re from Helvetia Re, where she spent more than a decade as Senior Underwriter, managing a portfolio across the Nordic countries, Malta, Cyprus, and Greece. Before this, she held ... Read the full article
Moody’s latest wildfire model completes California Department of Insurance review
27th August 2025
Moody’s Corporation has disclosed that Moody’s RMS US Wildfire Model v2.0 has completed the review process established by the California Department of Insurance (CDI), enabling insurers to use the catastrophe model in their residential rate filings. The model was reviewed under the CDI’s rigorous Pre-Application Required Information Determination procedure, which includes ... Read the full article
Helios Underwriting updates mid-point forecasts for 2023/24 syndicate portfolio
27th August 2025
Helios Underwriting, a publicly listed company providing direct access to a range of syndicates at Lloyd’s of London, has released updated mid-point forecasts for its syndicate portfolio covering the 2023 and 2024 years of account, based on second-quarter 2025 figures. Helios reports that the 2023 year of account shows a modest ... Read the full article
VIG’s profit soars in H1’25 as CoR improves to 91.9%
27th August 2025
Vienna Insurance Group has announced that its profit before taxes increased to €531.4 million in H1 2025, representing a 10.5% rise compared to the same period in the previous year, driven in part by a substantially lower overall claims development. Gross written premiums were also up in H1 2025, reaching €8.57 ... Read the full article
Lockton appoints Ryan Bond as Head of P&C, Bermuda
27th August 2025
Lockton, a global independent insurance brokerage, has appointed Ryan Bond in the newly created role of Head of Property and Casualty (P&C) for Bermuda, effective September 8th, 2025, based on the island. In his new role, Bond will report to Philip DiMeglio, Managing Director, Lockton Bermuda, and hold overall responsibility for ... Read the full article
Volumes & revenue growth slowed as renewals progressed this year: Fitch
27th August 2025
The four largest European reinsurers – Munich Reinsurance Company (Munich Re), Swiss Reinsurance Company Ltd (Swiss Re), Hannover Rueck SE (Hannover Re) and SCOR SE – achieved a record average return on equity (ROE) of 21.1% in the first half of 2025 (1H25). They surpassed the previous 20.5% peak seen in ... Read the full article
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
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.
