Reinsurance News
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
AM Best upgrades outlook on WAICA Re to positive, ratings affirmed
13th August 2025
AM Best has revised the outlook for WAICA Reinsurance Corporation PLC (WAICA Re) to positive from stable, while affirming the company’s Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair). According to AM Best, the revised outlook reflects growing confidence in WAICA Re’s ability ... Read the full article
Swiss Re introduces guidance for underwriters on repurposed longevity drugs
12th August 2025
Swiss Re's August 2025 Life Guide has introduced guidance for underwriters on how to assess life insurance applicants who show signs of using repurposed longevity drugs, an emerging trend among health-conscious individuals. The update provides new guidance on medications like metformin and rapamycin, which were originally developed for other conditions but ... Read the full article
Liberty GTS promotes Jason Remsen to Head of East, Americas
12th August 2025
Liberty Global Transaction Solutions (GTS), a division of Liberty Mutual Insurance, has announced the promotion of Jason Remsen to Head of East in the Americas region. Based in New York City, Remsen will report to Hilary Weiss, Head of Americas at Liberty GTS. Remsen brings extensive experience as a corporate attorney representing ... Read the full article
CatIQ lowers Hurricane Debby flood loss estimate in Ontario & Quebec to CAD 2.8bn
12th August 2025
CatIQ, a provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released its fifth industry loss estimate for the extensive flooding in Ontario and Quebec caused by the remnants of Hurricane Debby between 9 and 10 August 2024. The fifth estimate, which provides a snapshot of the insurance ... Read the full article
Allianz Trade appoints Stephen Georgetii as CCO for the Americas
12th August 2025
Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed Stephen Georgetii as its new Chief Credit Officer for the Americas. In this role, Georgetii will oversee the development and implementation of credit policy, review and approve loan applications, and help mitigate risk associated with ... Read the full article
Zurich launches Fronted MBR solution for multibillion-dollar construction programs
12th August 2025
Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given the growth in sectors like e-commerce, artificial intelligence (AI), and advanced manufacturing. "We began developing this at the ... Read the full article
CAC Group names John Ludwig as President & Chief Growth Officer
12th August 2025
CAC Group, a national insurance broker and advisor comprised of CAC Specialty and CAC Agency, has appointed John Ludwig to the newly created role of President & Chief Growth Officer. The appointment underscores CAC's continued investment in market expansion, talent development, and client-first innovation, driving sustained growth. In his new role, Ludwig ... Read the full article
Hiscox lifts return estimates for syndicates 33 and 6104
12th August 2025
International specialist insurer Hiscox has disclosed current estimates for Syndicate 33's and Syndicate 6104's 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12% to 22% on its capacity of £1.699 billion, of which Hiscox holds a 73% share. ... Read the full article
Specialist Risk Group acquires London-based broker City Quarter Brokers
12th August 2025
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an independent international insurance and reinsurance broker with full access to Lloyd’s and the London Company ... Read the full article
Lockton unveils new U.S. practice alignment to better serve clients
12th August 2025
Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transportation Practice Leader; Rob Hausler, U.S. Energy Practice Leader; Eric Braverman, U.S. Law Firms Practice Leader; Anita ... Read the full article
Canada Life Re’s base earnings grow 9% in Q2’25 to $229m
12th August 2025
Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s robust year-on-year growth in Q1 2025, when it also cut its ... Read the full article
Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff
12th August 2025
Hannover Re, one of Europe's big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm's ceding companies, while the carrier's appetite for natural catastrophe risk is also growing, according to Sven Althoff, Member of ... Read the full article
Davies names Richard Barke as CEO of Insurance Solutions division
12th August 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth strategy, working closely with Davies’ global leadership team to advance continued investment in technology ... Read the full article
Ategrity’s underwriting income up 119.1% as CoR improves to 88.9% in Q2’25
12th August 2025
Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ratio of 88.9% from 94.0%. The lower combined ratio was driven by improvements in both the loss ... Read the full article
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