Reinsurance News
Dale appoints Peter Cordell as Head of North America Casualty
16th July 2025
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Peter Cordell as Head of North America Casualty, effective January 2026. In his new role, Cordell will be based in London and will lead the company’s North America Casualty business. He will report to Ian ... Read the full article
Cyber reinsurance capacity grows by $250m amid 5-15% rate declines in H1’25: Lockton Re
16th July 2025
Lockton Re, a reinsurance broker specialising in cyber risk, has released its update on the cyber reinsurance market for the first half of 2025. Their analysis reveals key trends and movements driven by shifts in pricing, capacity, and underwriting strategies shaping the evolving cyber insurance landscape. Lockton Re reports that the direct ... Read the full article
Aon strengthens reinsurance team with four executive appointments
16th July 2025
Global reinsurance and insurance broker Aon has appointed four senior members to its reinsurance team, including Alfonso Valera as Chief Executive Officer (CEO) of International, Steve Hofmann as CEO of Americas, George Attard as Global Head of Strategy, and Tomas Novotny as Chairman of International. In his new role, Valera takes ... Read the full article
PwC welcomes UK government’s captive insurance regime
16th July 2025
Following the Chancellor of the Exchequer’s announcement regarding the introduction of a UK regime for captive insurance companies, PwC leaders have expressed their support for the new framework. This initiative aims to bolster the UK's position as a global financial hub, with a focus on five key growth opportunities: FinTech, ... Read the full article
John Neal appointed President of AIG
16th July 2025
Global insurer American International Group, Inc. (AIG) has announced the appointment of former Lloyd's Chief Executive Officer (CEO), John Neal, as its new President, effective December 1st, 2025. In the role, Neal will report to Peter Zaffino, AIG's Chairman and CEO, and will lead the company's General Insurance businesses as a ... Read the full article
Argenta becomes first Lloyd’s managing agent to adopt Send platform across all business lines
16th July 2025
Argenta Syndicate Management Ltd, a Lloyd's managing agency, has successfully rolled out Send’s Underwriting Workbench across every class of business. This makes Argenta the first Lloyd’s managing agent to adopt the Send platform across all business lines, with it now live across Casualty, Marine & Energy, Property, and Specialty, offering 23 ... Read the full article
UK P&I Club promotes two senior leaders to strengthen Safety & Risk Management division
16th July 2025
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has promoted Ansuman Ghosh to the newly created role of Director of Engineering, and Akshat Arora as Regional Loss Prevention Director (Singapore). The two senior promotions within the firm’s Safety & ... Read the full article
Allianz Commercial restructures its Benelux and Nordics units with four senior hires
16th July 2025
Allianz Commercial, part of global insurer Allianz, has made four new senior appointments to establish a new structure to drive growth in the Benelux and Nordics regions. The firm is establishing its Nordics region effective August 1st, 2025, led by Margaretha Mo as Regional Managing Director. This aims to separate Benelux and ... Read the full article
Zurich Canada unveils organisational enhancements to support customers and brokers
16th July 2025
Zurich Insurance Company Ltd (Canadian Branch) has announced a series of organisational enhancements with new units and leadership appointments to further support customers and broker partners. As the company enters its next phase of growth, these organisational enhancements aim to more closely align Zurich Canada’s teams with its key customer segments: ... Read the full article
Wilkinson promoted to AXA XL’s Head of International Casualty, Retail, UK & Lloyd’s
16th July 2025
AXA XL, the property and casualty and specialty risk unit of global insurer AXA, has announced the promotion of Shaun Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s. In his new role, Wilkinson will lead AXA XL’s UK & Lloyd’s underwriting strategy for its Retail, International Casualty portfolio. He will ... Read the full article
Marsh welcomes UK government’s captive insurance regime
16th July 2025
Marsh, an insurance broker and risk advisor within Marsh McLennan, welcomes the UK government’s announcement to facilitate the creation of a UK regime for captive insurance companies, a move aimed at strengthening the UK’s competitiveness in the global insurance market. As a reminder, in November 2024, the UK government launched ... Read the full article
US nat cat activity drives $84bn global insured losses in H1’25: Gallagher Re
16th July 2025
Global insured losses reached $84 billion in the first half of 2025 — 55% higher than the decadal average and the highest H1 total since 2011 ($136 billion) — driven largely by US activity, according to a recent report by reinsurance broker Gallagher Re. The report found that 92% of all ... Read the full article
Markel Insurance appoints Christian Stobbs Chief Strategy and Corporate Development Officer
16th July 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Christian Stobbs as Chief Strategy and Corporate Development Officer. In this newly created position, Stobbs will lead efforts to identify and pursue strategic initiatives that support growth across Markel’s insurance operations. Stobbs will be based in the US ... Read the full article
Resilience, CrowdStrike & AWS partnership aims to reduce enterprise cyber risk
16th July 2025
Cyber risk solutions company Resilience has partnered with CrowdStrike and expanded its collaboration with Amazon Web Services (AWS) to help enterprises to proactively mitigate cyber risk and minimise material losses from cyber incidents. Customers can now leverage the Resilience Threatonomics Platform to transform security insights into financial risk mitigation strategies, potentially ... Read the full article
ABIR announces Gallagher Re as its newest member
16th July 2025
The Association of Bermuda Insurers and Reinsurers (ABIR) has added Gallagher Re, a global reinsurance broker, to its list of member companies. Gallagher Re is part of Gallagher, an insurance brokerage, risk management, and consulting group. The reinsurance division employs around 2,400 people across 30 countries. Gallagher has operated in Bermuda since ... Read the full article
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