Reinsurance News

Resilience appoints Michelle Worrall as Global Director of Insurance Product

13th August 2025

Resilience, a provider of cyber risk solutions, has announced the appointment of Michelle Worrall as Global Director of Insurance Product. Based in Chicago, Worrall will report to Maria Long, Chief Underwriting Officer, and will be responsible for expanding Resilience’s insurance products and strengthening its ability to tailor solutions to the evolving ... Read the full article

Lockton appoints Marrero President, Chief Growth Officer for US operations

13th August 2025

Lockton, a global independent insurance brokerage, has announced the appointment of Hiram Marrero as President, Chief Growth Officer for its U.S. operations, a Florida-based role. In this newly established role, Marrero will leverage his 25 years of insurance experience to support Lockton’s US growth strategy, aligned to geographical and industry expansion, ... Read the full article

IAG’s net profit rises 51.3% to A$1.4bn in FY’25

13th August 2025

Australian insurer IAG has reported a net profit after tax of A$1.4 billion for the full 2025 financial year, a 51.3% increase compared to A$898 million in FY24. The company attributed the rise in net profit to higher net earned premiums, increased insurance profit, stronger investment income on shareholders’ funds, and ... Read the full article

Advent to acquire Sapiens for $2.5bn

13th August 2025

Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International Corporation N.V., a provider of software solutions for the insurance industry, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion. Under the terms ... Read the full article

Dynamic Re strengthens leadership to support global expansion

13th August 2025

Dynamic Re, a global underwriting firm providing reinsurance solutions to clients and partners worldwide, is expanding its operations and updating its leadership structure to support this growth. Francisco Hernández has been appointed Global CEO, overseeing operations in Latin America, the Middle East and North Africa, Spain, and soon London. He will lead ... Read the full article

American Integrity’s GPW up 30% in Q2’25 as in-force policies surpasses 400,000

13th August 2025

Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 29.5% increase in gross premiums written (GPW) in the second quarter of 2025 to $287 million from $221.6 million in Q2’24. At the same time, in Q2’25, gross premiums earned increased by 39.8% to $223.7 million from $160.1 million, and net ... Read the full article

Antares Syndicate posts H1’25 profit as GWP expand to $369m

13th August 2025

Antares Syndicate 1274 at Lloyd’s, which writes Property, Casualty, Marine and Specialty insurance and reinsurance, has reported a UK GAAP profit of $42 million for H1 2025, up from $41 million in H1 2024. During H1 2025, the syndicate also achieved a net combined ratio of 96.3% on gross written premiums ... Read the full article

Aon names Jocelyn Po as Country Head of Philippines, Reinsurance Solutions

13th August 2025

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Jocelyn Po as Country Head of Philippines. In her new role, Po will report to Musa Adlan, Managing Director of Asia and Head of Southeast Asia. She has been with Aon for almost 12 years, most recently ... Read the full article

Richard Mills to lead Amiga Specialty Transactional Risks, UK & Europe as MD

13th August 2025

Amiga Specialty, a B.P. Marsh-backed managing general agent (MGA), is welcoming Richard Mills as Transactional Risks Managing Director, UK & Europe, effective immediately. In his new role he has been tasked with establishing the transactional risks business line for Amiga, strategic positioning, distribution and working with insurance carrier partners to provide ... Read the full article

Beazley grows premiums to $3.19bn in H1’25 amid disciplined market stance

13th August 2025

Beazley has reported insurance written premiums of $3.19 billion in H1 2025, up 2% from $3.12 billion in H1 2024, with CEO Adrian Cox saying the growth reflects the firm's disciplined approach and its strategy of prioritising rate adequacy and long-term profitability over short-term income. Of the total in H1 2025, ... Read the full article

Broker concern over underinsurance in UK non-standard market & accelerated market softening: Prestige

13th August 2025

A new survey by Prestige Underwriting has highlighted growing concerns among UK insurance brokers about the disconnect in the non-standard market, where an increasing number of clients are underinsured amid a softening market. The Prestige Underwriting’s Non-Standard Survey, which gathered insights from 99 insurance brokers across the UK involved in the ... Read the full article

SiriusPoint to provide Arden with capacity for new US wildfire parametric solution

13th August 2025

Bermuda-based insurer and reinsurer SiriusPoint has partnered with Arden Insurance Services LLC, a United States-based commercial property managing general underwriter (MGU), as a capacity provider for the MGU's newly launched wildfire-exposed risks program, which includes embedded parametric coverage. Arden’s new Consolidated Fire Insurance Policy (CFIP) will initially be offered in California, ... Read the full article

Stonybrook appoints Peter McGuire to Board of Directors

13th August 2025

Stonybrook Capital & Risk Management, a global advisory boutique, has announced the appointment of Peter McGuire to its Board of Directors. McGuire is an industry veteran with over three decades of experience in the re/insurance sector. He founded Xchange Group LLC, an insurance and investment holding company, in 2010, serving as Chairman, ... Read the full article

Pole Star Global expands into marine insurance with Clearwater Dynamics acquisition

13th August 2025

Pole Star Global, a provider of maritime intelligence solutions, has acquired UK-based Clearwater Dynamics, a real-time maritime risk intelligence company, marking its expansion into the marine insurance sector. The deal creates a new, integrated approach for managing insurance risk, strengthening Pole Star's leadership in maritime domain awareness, combining Clearwater's capabilities in ... Read the full article

Seckin Atilgan joins Willis Credit Risk Solutions as Head of Growth, Trade Credit in Asia

13th August 2025

Willis, a WTW business, has announced the appointment of Seckin Atilgan as Head of Growth for Trade Credit in Asia, within its Credit Risk Solutions business. Based in Singapore, Atilgan will report to Lee Garvey, Head of Credit Risk Solutions, Asia Pacific at Willis. In his new role, he will be responsible ... Read the full article