Reinsurance News
Florida MGA Crestwell Underwriters launches with investment from Bain Capital
26th August 2025
A newly established, Florida property insurance-focused managing general agent (MGA), Crestwell Underwriters, LLC, has launched with significant capital support from Bain Capital. Initially, Crestwell will offer admitted, property-only insurance for condominium associations based in the state, providing coverage at a competitive price and backed by a disciplined, data-driven approach towards underwriting. ... Read the full article
S&P upgrades The Hartford and its subsidiaries to ‘AA-’ on strengthened capital and steady results
26th August 2025
S&P Global Ratings, a provider of independent credit ratings and financial analysis, has upgraded The Hartford Insurance Group and its core subsidiaries, citing consistent results and stronger capital resiliency. The Hartford, a US insurer known for its property and casualty coverage as well as employee benefits, has seen its financial strength ... Read the full article
Emerald Bay names Moore as CFO & Anyieth as COO
26th August 2025
Collaborative underwriting carrier Emerald Bay Risk Solutions has expanded its leadership team with the appointments of Matthew Moore as Chief Financial Officer (CFO) and Sarah Anyieth as Chief Operating Officer (COO), effective immediately. Moore has over 15 years of industry experience, most recently serving at Core Specialty as CFO of Insurance ... Read the full article
American Integrity surpasses 15,000 policies in-force in South Carolina
22nd August 2025
American Integrity Insurance Group, a specialist residential property insurer, has surpassed 15,000 policies in-force in South Carolina, representing a major milestone in its Southeast growth strategy. This growth in South Carolina underscores the strength of American Integrity’s model, which was built for resilience and scalable performance. As of August 1st, 2025, total ... Read the full article
Reinsurance broker Atrea Risk Solutions launches from the DIFC
22nd August 2025
A new, Dubai-based reinsurance broker, Atrea Risk Solutions DIFC Ltd, has chosen the Dubai International Financial Centre (DIFC) as its strategic base to serve clients across the Middle East, Africa, and Southern Asia (MEASA) region. Atrea Risk specialising in delivering tailored risk transfer and reinsurance solutions to insurers, captives, and corporate ... Read the full article
Viceroy becomes 15th insurer to enter Florida market following legislative reforms
22nd August 2025
Viceroy Preferred Insurance Company becomes the 15th property and casualty insurer to enter Florida’s market since the passage of the state’s impactful legislative reforms. Viceroy is domiciled in Florida and is now approved to write insurance in the state for homeowners' multi-peril and dwelling fire. Chief Financial Officer Blaise Ingoglia said: “Florida’s ... Read the full article
We are now firmly in the hard market softening phase: Flandro, Howden Re
22nd August 2025
David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, has said that "if it wasn't obvious already, we are now firmly in the hard market softening phase of the rating cycle," as he emphasises the need for exposure growth to be "undertaken intelligently." Flandro's ... Read the full article
Clear Group appoints Barbara Duffy as Chief People & Performance Officer
22nd August 2025
Insurance broker Clear Group has appointed Barbara Duffy as Group Chief People & Performance Officer, effective 8th September 2025, and expanded Victoria Gallimore’s responsibilities as Group Chief of Staff. In her new role, Duffy will lead the company’s people and organisational development strategy, ensuring it continues to attract, develop, and retain ... Read the full article
Sava Re’s GPW up 13.5% to €91.4m in H1’25
22nd August 2025
Slovenian-domiciled reinsurer Sava Re reported gross written premiums (GWP) of €91.4 million for the first half of 2025, representing a 13.5% increase compared to €80.5 million a year earlier. The company attributed the premium increase to seizing new opportunities in foreign markets and strengthening its participation in existing contracts. The insurance result ... Read the full article
L&H reinsurance earnings remain consistent for Europe’s Big Four: Fitch
22nd August 2025
Among Europe’s Big Four reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—life and health (L&H) reinsurance earnings remained consistent in H1’25, supported by steady releases of contractual service margin (CSM) and risk adjustment, according to Fitch Ratings. In its recent report, the ratings agency noted that the Big Four’s L&H reinsurance ... Read the full article
Concirrus becomes first insurtech to achieve triple certification for AI trust & security
22nd August 2025
Concirrus, provider of AI-centric insurance solutions, has become the first insurtech company worldwide to secure three major internationally recognised certifications: ISO/IEC 42001 (AI Governance), ISO/IEC 27001 (Information Security Management), and SOC 2 compliance. This achievement reportedly establishes a new global benchmark for trust, transparency, and governance in the use of AI ... Read the full article
Aon unveils leadership shift in Commercial Risk business
22nd August 2025
Aon has revealed that in October 2025, Phil Smaje will assume the role of Global Industry Specialty Leader, Transportation & Logistics, succeeding Lee Meyrick, who will become Chair of a newly created Risk Capital Transportation & Logistics vertical until his retirement at the end of 2026. Joe Peiser, CEO of Commercial ... Read the full article
Moody’s raises Ryan Specialty’s credit ratings, outlook revised to stable
22nd August 2025
Moody’s Ratings, the credit rating agency, has upgraded Ryan Specialty, LLC, a provider of specialty insurance solutions, to reflect the company’s stronger market position and improved financial profile. Ryan Specialty’s corporate family rating was lifted to Ba3 from B1, while its probability of default rating was raised to Ba3-PD from B1-PD. Moody’s ... Read the full article
Everest adds former KPMG insurance leader Laura Hay to Board
22nd August 2025
Bermuda-domiciled insurer and reinsurer Everest Group has appointed Laura Hay as an independent, Non-Executive member of its Board of Directors. Hay has over three decades of industry experience, and before her retirement in 2023 she was Global Head of Insurance at KPMG LLP. She served in several executive leadership positions over the ... Read the full article
Green Shield Risk Solutions launches wildfire programme for Colorado and California
22nd August 2025
Green Shield Risk Solutions, a managing general agent (MGA) focused on high-risk insurance markets, has launched its new homeowners programme, Guardian Elite Home. Developed specifically for wildfire-prone areas in Colorado and California, the programme offers brokers an alternative in markets where property insurance options are limited. Homeowners in these regions face increasing ... Read the full article
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