Reinsurance News

Duck Creek names Rajesh Raheja as CTO

3rd December 2025

Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as Chief Technology Officer (CTO). In the new role, Raheja will lead the firm's global technology strategy, platform innovation, and engineering organisation in order to advance its cloud-native solutions and AI-driven ... Read the full article

Swiss Re addresses rising mental health claims with AI-powered Wysa app: Paul Murray

3rd December 2025

Paul Murray, CEO Life & Health Reinsurance at Swiss Re, highlighted that mental health claims have increased significantly this year, noting that the reinsurer is managing the trend through its AI-powered Wysa app, which has already shown measurable improvements in users’ mental health. During an interview with Squawk Box Asia, CNBC's ... Read the full article

Bridgehaven completes acquisition of SureStone

3rd December 2025

UK hybrid insurer Bridgehaven has announced the completion of its acquisition of SureStone Insurance DAC, following receipt of all required regulatory approvals. This acquisition is a major step in Bridgehaven’s European growth strategy, with the hybrid insurer anticipating it will be key to strengthening its expanding network of MGA partners throughout ... Read the full article

Pacific Life Re names Soichiro Makimoto as Head of Japan Representative Office

3rd December 2025

Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as Head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will enhance Pacific Life Re’s presence in Japan, bringing a deeper understanding of clients’ needs to support the ... Read the full article

McGill and Partners and AEGIS London announce new digital partnership

3rd December 2025

McGill and Partners, the independent global specialty insurance and reinsurance broker, and AEGIS London, a Lloyd’s syndicate, have formed a strategic partnership to deliver smarter, digitally-enabled solutions for clients. The partnership aligns AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio. Using advanced technology, the platform ... Read the full article

Arrowhead Intermediaries appoints Steven Beard as CEO, International

3rd December 2025

Arrowhead Intermediaries has announced the appointment of Steven Beard as Chief Executive Officer, International, who will join the firm in February 2026 and be based in London. Beard joins from Charles Taylor, where he served as Group President. His broking career also includes senior roles at Ardonagh Group, Corant Group and RFIB, ... Read the full article

Marsh McLennan Agency acquires three Hawai‘i-based insurance brokerages

3rd December 2025

Marsh McLennan Agency (MMA), part of global insurance and reinsurance brokerage Marsh McLennan, has acquired three privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. The brokerages include Atlas Insurance Agency (Atlas), Pyramid Insurance Centre (Pyramid), and IC International (IC), which together have built a leading ... Read the full article

Venerable expands Findleton’s role to Head of Flow Reinsurance

3rd December 2025

Venerable, a privately held company that owns and manages legacy variable annuity business, has expanded Alexandra Findleton's role at the firm to include serving as Head of Flow Reinsurance. The move aims to position the firm to accelerate growth in this new organisational capability and advance its overall growth strategy, which ... Read the full article

The Baldwin Group and CAC to merge for $1.03bn

3rd December 2025

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have entered into a definitive agreement to merge, for a total upfront consideration of $1.026 billion. The transaction, which is expected to close in the ... Read the full article

Swiss Re’s Schoch appointed Strategic Consultant of Marine for Gallagher Re LAC

3rd December 2025

Gallagher Re, the reinsurance arm of the global broking group, has announced the appointment of Erika Schoch Strategic Consultant of Marine for Gallagher Re Latin America and Caribbean (LAC). In her new consulting role, Schoch will leverage her diverse background and expertise to support the development of our Marine business across ... Read the full article

LMG’s Data Council launches consultation for Claims Core Data Record

3rd December 2025

The London Market Group’s (LMG) Data Council has launched a consultation on the structure and fields of the Core Data Record (CDR) to cover claims. According to the announcement, the consultation will run for 12 weeks from November 26th. Market members can access the consultation via the LIMOSS website, and briefing sessions ... Read the full article

PRA’s LIST 2025 reinforces Fitch’s view that the UK life sector is well capitalised

3rd December 2025

Fitch Ratings said the UK Prudential Regulation Authority’s (PRA) 2025 Life Insurance Stress Test (LIST 2025) reinforces its view that the sector is well capitalised, but warns that real-world stress scenarios could lead to a different outcome due to higher market interconnectedness than the exercise assumes and associated spillover effects. Published ... Read the full article

Geoeconomic fragmentation reshaping the global risk landscape

2nd December 2025

A new report from Brokerslink and the Swiss Re Institute warns that rising geoeconomic fragmentation, marked by widening divisions between economic blocs and potential restrictions on the free flow of capital, could have profound and lasting consequences for international risk diversification and, ultimately, the cost of insurance. The joint study examines ... Read the full article

BlueFive launches new platform to drive GCC insurance consolidation

2nd December 2025

BlueFive Capital, a global investment platform, has launched BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance industry across the Gulf Cooperation Council (GCC) and beyond. Although the GCC insurance market has significant potential, it remains heavily fragmented. BlueFive Insurance is founded on the conviction ... Read the full article

Frank Fumarola joins Coalition as Chief Product Officer

2nd December 2025

Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Frank Fumarola as its new Chief Product Officer. Fumarola, who is joining the company from Nubak, will serve as a member of Coalition's executive team, reporting directly to Joshua Motta, Coalition’s CEO and co-founder. “Our products are central ... Read the full article