Reinsurance News

PPL launches first general market release from Microsoft partnership

19th August 2025

Placing Platform Limited (PPL) has launched the first general market release from its Microsoft partnership, introducing a new app within Outlook that gives clients access to upcoming products and features. Alongside the app’s launch is direct connectivity between Microsoft Outlook and Microsoft Teams and the placing platform, which will reportedly facilitate ... Read the full article

Life reinsurance serves as vital diversification mechanism for Big Four: AM Best

19th August 2025

AM Best has noted that life protection reinsurance, driven largely by the US market, has been a key element of the European Big Four reinsurers’ risk profiles, providing diversification and earnings stability, with typical margins of 5%–10%. "This reduces the volatility inherent in reinsurers' earnings, providing some offset against the more ... Read the full article

Nationwide completes acquisition of renewal rights for Markel’s Global Reinsurance unit

19th August 2025

As previously announced, Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has completed the acquisition of the renewal rights of Markel Insurance’s Global Reinsurance business. This signals Markel’s exit from the reinsurance market as part of its broader strategy to simplify operations and focus on ... Read the full article

Willis launches global digital auto-follow facility Gemini

19th August 2025

Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios. The "innovative" solution is set to address the growing complexity of risk and market volatility, giving clients more confidence in outcomes, even in challenging ... Read the full article

Swiss Re appoints Robin Spencer as COO for L&H Reinsurance

19th August 2025

Global reinsurer Swiss Re has appointed Robin Spencer as Chief Operating Officer (COO) for its Life & Health Reinsurance (L&H Re) business unit, effective 1st September 2025. Based in London, Spencer will oversee Swiss Re's global L&H Re operations, focusing on strengthening service delivery, enhancing operational efficiency, and aligning his team’s ... Read the full article

Hippo appoints Charles Sebaski as Head of Investor Relations

19th August 2025

Home insurance firm Hippo has announced the appointment of Charles Sebaski as Head of Investor Relations. In his new role, Sebaski will report to Guy Zeltser, Chief Financial Officer, and focus on broadening investor and analyst awareness of the strategy outlined at Hippo's June Investor Day, emphasising the company’s priorities of ... Read the full article

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