Reinsurance News
Gaffigan becomes Lockton’s U.S. Market Strategy and Engagement Group Leader
20th May 2025
Vincent J. Gaffigan has been appointed U.S. Market Strategy and Engagement Group Leader at Lockton, reporting to Devin Beresheim, Lockton U.S. Risk Solutions Leader. Gaffigan will leverage his 35 years in the industry to strengthen the company’s deep relationships with its trading partners while advancing the use of market intelligence and ... Read the full article
Hamilton adds David Priebe and Karen Green to Board
20th May 2025
Bermuda-domiciled insurer and reinsurer Hamilton Insurance Group has appointed David Priebe and Karen Green to its Board of Directors, effective May 15th, 2025. Simultaneously, long-standing Director, Bill Freda, who has served on the Board since June 2014, has chosen to retire, also effective May 15th, 2025. He held the position of ... Read the full article
P&C sector steady but valuation becoming less attractive: Morgan Stanley
20th May 2025
The broader property and casualty (P&C) insurance trend is expected to remain steady through 2025, with personal lines and brokers likely leading on the earnings growth front, however, sector valuations are becoming less attractive as earnings become increasingly bifurcated, according to analysts at Morgan Stanley. While the P&C sector has held ... Read the full article
Theo Pitsikas appointed Head of SME APAC for Zurich Insurance Asia Pacific
20th May 2025
Zurich Insurance Asia Pacific has announced the appointment of Theo Pitsikas as Head of SME APAC, in which he will be responsible for leading efforts across Asia Pacific markets to strengthen the group’s presence within the Small to Medium Size Enterprise (SME) segment. Due to the relatively low penetration in developing ... Read the full article
Aon and Moody’s expand reinsurance casualty collaboration
19th May 2025
Global insurance and reinsurance broker Aon has expanded its reinsurance casualty collaboration with Moody's Insurance Solutions into commercial risk. Building on the initial success in casualty reinsurance, the collaboration will now deliver insights on climate casualty and other emerging risks, risk mitigation strategies, and excess casualty named-peril products for commercial insurance ... Read the full article
Boroughs appointed Vice Chairman of Chubb Group, Hogan promoted to CIO
19th May 2025
Global insurer Chubb has announced the appointment of Tim Boroughs as Vice Chairman, Chubb Group and Executive Chairman, Asset Management, and the promotion of Chris Hogan to Senior Vice President, Chubb Group and Chief Investment Officer. Chubb Chairman and CEO Evan Greenberg, said, "For more than 25 years, Tim has shaped ... Read the full article
April investments highlight growing appetite for China’s re/insurance sector
19th May 2025
April investments in four Chinese insurers by foreign shareholders signals growing international appetite in the country’s re/insurance industry, media group Yicai Global highlighted in a recent publication. This group includes four local insurers: Generali China Insurance, Fosun United Health Insurance, AXA International Reinsurance and Citic Prudential Life, according to data from ... Read the full article
Aon appoints Neil Maynard as Chief Broking Officer, Aviation
19th May 2025
Global insurance and reinsurance broker Aon has appointed Neil Maynard as Chief Broking Officer, Aviation, for its London-based Global Broking Centre. Based in London, Maynard will report to Alex Gibson, Transportation and Logistics Leader, and Tracy Toro, Global Industry Speciality Leader, Aviation. In his new role, he will lead the broking ... Read the full article
VIG bids for majority stake in Moldasig
19th May 2025
Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of the shares of MOLDASIG S.A. (Moldasig) following an invitation from the Government of the Republic of Moldova. The transaction aims to increase stability and excellence in risk protection, and follows a multi-stage bidding process initiated by the Moldovan state ... Read the full article
Inigo, Johnson & Johnson backed Motion Specialty becomes Lloyd’s coverholder
19th May 2025
Motion Specialty has been approved as a Lloyd’s of London coverholder, having been founded by Dan Alpay and Alex Kickham with the support of wholesale US broker Johnson and Johnson, and writing on behalf of Lloyd’s Syndicate 1301, managed by Inigo Ltd. According to a joint announcement from the involved parties, ... Read the full article
I’m very positive on where the legacy market is and where it’s going: RiverStone International Group CFO
19th May 2025
After a “fantastic” 2024 underpinned by a progressive global buildout and impressive year-on-year growth across all key metrics, Andy Creed, Group Chief Financial Officer (CFO) and UK CEO of legacy acquirer RiverStone International, is “very positive” on where the run-off market is going. Last week, at the annual IRLA conference in ... Read the full article
Canopius adds Zhang as Head of Claims & Chiu as Regional Strategy & Transformation Lead, APAC
19th May 2025
Canopius Group, a global specialty and P&C insurer and reinsurer, has appointed Chen Zhang as Head of Claims and Channing Chiu to a newly created role of Regional Strategy and Transformation Lead in its Asia Pacific (APAC) leadership team. Zhang stepped into the role on May 5th, 2025, and Chiu’s appointment ... Read the full article
KISTERS launches HailSens360 across Europe
19th May 2025
KISTERS has launched HailSens360 across Europe, combining real-time hail sensors with hyperlocal forecasts and nowcast alerts to protect solar, crops, and insured assets. According to KISTERS, HailSens360 brings together advanced hail detection, high-resolution forecasting, and real-time decision support in a single, unified platform. "Already used across solar energy, agriculture, and insurance sectors ... Read the full article
Concert Group names Slatery as Chair, adds Adams as Independent Non-Exec Director
19th May 2025
Concert Group Holdings (Concert), a privately owned insurance holding company, has appointed Charles Slatery as Chair of the Group, and industry veteran Matthew Adams as an Independent Non-Executive Director to the Board. Slatery is currently the Chairman and Chief Executive Officer (CEO) of WT Holdings, Inc. He succeeds Brady Young, Founder ... Read the full article
Google Cloud expands Risk Protection Program across EMEA
19th May 2025
Google Cloud has expanded its Risk Protection Program (RPP) to more than 30 markets across EMEA and has added new cyber insurance partners, Beazley and Chubb, alongside founding partner Munich Re. Google Cloud's RPP is said to blend cloud security insights with insurance industry expertise to offer Google Cloud customers customised, ... Read the full article
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