Reinsurance News
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
Ben Watson to lead Westfield Specialty International’s new cyber offering
2nd December 2025
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Ben Watson as Class Underwriter to lead its newly launched cyber team. The cyber team will begin writing business from 1st January 2026, with additional hires to be made to join Watson’s team. Based in London, Watson will report to ... Read the full article
Demex announces appointment of next gen C-suite leadership to drive market expansion
2nd December 2025
Demex, a technology-enabled reinsurance solution provider, has announced a number of executive leadership appointments designed to lead the company into its next phase of growth. Michael Anderson was appointed CEO, following a four-year tenure as Chief Growth Officer, with Matthew Coleman, former Chief Risk Officer, named President, Reinsurance. Charlie Eadie was promoted ... Read the full article
Helios’ net asset value per share up 3.8% in Q3 driven by pipeline profits
2nd December 2025
Helios Underwriting, the publicly listed firm offering direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has reported that net asset value (NAV) per share increased 3.8% to £2.48 for the third quarter ending 30 September 2025, up from £2.39 in Q2 2025. Helios attributes ... Read the full article
MetLife finalises $10bn variable annuity risk transfer with Talcott
2nd December 2025
MetLife, Inc., a provider of insurance, annuities, and employee benefit programmes, has finalised its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, a life insurance and annuities subsidiary of Talcott Financial Group. The company expects an annual reduction in adjusted earnings ... Read the full article
Reinsurers expected to shoulder most of $200m loss from Hong Kong fire: AM Best
2nd December 2025
According to ratings agency AM Best, a material portion of the gross incurred loss, which may exceed $200 million from the deadly Hong Kong apartment (Wang Fuk Court) fire, is expected to be transferred to reinsurers. Primary insurers operating in the region typically rely on a mix of reinsurance arrangements, including ... Read the full article
Who’s insuring Russia’s shadow fleet?
2nd December 2025
Since Western P&I clubs and reinsurers largely withdrew from underwriting sanctioned oil shipments, an informal and opaque re/insurance ecosystem has emerged to keep Russia’s shadow fleet trading. What was once dominated by London and the International Group of P&I clubs is now sustained by a narrow set of domestic and offshore ... Read the full article
AXA XL goes live with PPL to strengthen links to London Market
2nd December 2025
AXA XL, the property and casualty division of AXA Group, has successfully connected its internal computer systems directly to the London Market’s main trading platform, Placing Platform Limited (PPL), opening a new data exchange gateway. This connection is powered by ACORD Solutions Group’s cutting-edge ADEPT (ACORD Data Exchange Platform & Translator) ... Read the full article
AXIS adds Edwards to newly created role of Head of Delegated Strategy, Global Markets
2nd December 2025
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has appointed Lewis Edwards to the newly created role of Head of Delegated Strategy, Global Markets, effective immediately. He will be based in London and reports to Sara Farrup, Head of Global Markets, and joins her leadership team. In his new role, Edwards will ... Read the full article
IDF and AXA announce first close of Infrastructure Resilience Development Fund
2nd December 2025
AXA and the Insurance Development Forum (IDF) have announced the first close of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), a BlackRock subsidiary, the IRDF is built upon the Infrastructure Resilience Development Blueprint developed over the past two years by IDF members, including AXA, Convex, ... Read the full article
Heimann to develop European MGA practice for Augment Risk
2nd December 2025
Augment Risk, a risk capital and reinsurance solutions broker, has appointed Magnus Heimann as Partner for MGA, effective immediately. He will develop the firm's European MGA presence, partnering with coverholders, capacity providers, and reinsurers to deliver capital-aligned program solutions that strengthen long-term enterprise value for MGA clients. This appointment aims to strengthen ... Read the full article
mea Platform and Regenvita parter to drive AI adoption in Scandinavian insurance market
2nd December 2025
mea Platform, a company specialising in AI solutions for the insurance industry, and Regenvita Ltd, the advisory firm founded by Clint Sookermany, have entered into a strategic partnership to accelerate artificial intelligence (AI) adoption across the Scandinavian insurance market. As part of the collaboration, Sookermany will serve as an advisor to ... Read the full article
Ben Quah appointed CEO of Asian financial hub Labuan IBFC Inc.
2nd December 2025
Labuan IBFC Inc., an Asian financial hub known for its insurance, reinsurance, Islamic finance, and digital business solutions, has announced the appointment of Ben Quah as its new Chief Executive Officer (CEO). Quah brings over two decades of experience in fintech, digital marketing, and regional business development, with a strong record ... Read the full article
Red Cross leads pilot of parametric flood insurance in Malawi
2nd December 2025
The Malawi Red Cross Society and the Danish Red Cross, in partnership with African Risk Capacity (ARC) Ltd., JBA Global Resilience, the InsuResilience Solutions Fund (ISF), and the Danish Ministry of Foreign Affairs, have piloted Malawi’s first parametric flood insurance. The project is built on advanced flood-risk modelling with predefined contingency ... Read the full article
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