Reinsurance News
AXA XL names Sabrina Lahrmann Head of International Property
5th November 2025
AXA XL, the property and casualty division of AXA Group, has announced the promotion of Sabrina Lahrmann to Head of International Property, UK & Lloyd’s. Based in London, she took up her new position on 1 November 2025. In this leadership role, Lahrmann will oversee the creation and execution of AXA ... Read the full article
Brokers urge MGAs to offer more flexible renewals, Prestige Underwriting survey finds
5th November 2025
Prestige Underwriting, a specialist provider in non-standard insurance solutions, has released its latest broker survey, revealing strong growth expectations for the sector alongside a clear call to action for managing general agents (MGAs) and insurers. Brokers are urging the market to provide greater support and meaningful options at renewal to help ... Read the full article
Lancashire’s 9M’25 results marked by discipline and selective underwriting
5th November 2025
In its results for the nine months ended 30 September 2025, Lancashire has revealed that gross premiums written rose 7.4% year-on-year to $1.8 billion, while insurance revenue increased by 7.8% to $1.4 billion. Lancashire's reinsurance segment contributed $1.031 billion to the total gross premiums written figure, while the insurance segment contributed ... Read the full article
Conduit Re grows reinsurance revenue 12.6% amid competitive market conditions
5th November 2025
Bermuda-based reinsurer Conduit Re has reported reinsurance revenue for the nine months ended 30th September 2025 of $662.4 million, a 12.6% increase over the nine months ended 30 September 2024. Of the total reinsurance revenue for the period, Conduit Re’s Property segment contributed the most, at $347.9 million, followed by the ... Read the full article
AIG reports GI underwriting income increase of 81% for Q3’25
5th November 2025
Global insurer American International Group, Inc. (AIG) has reported that its General Insurance (GI) underwriting income rose 81% year-over-year, reaching $793 million for the third quarter of 2025, compared to $437 million in the same period last year. This increase was driven by lower catastrophe-related charges, more favourable prior year development ... Read the full article
Beazley Security expands availability of Security Posture Reports
5th November 2025
Beazley Security, a wholly-owned subsidiary of Beazley Insurance and an integrated cyber risk management firm, is aiming to reduce risk with the expanded availability of its Security Posture Reports (SPRs). The process includes the automated discovery, passive scanning, and analysis of externally exposed assets. This helps organisations understand the state of their ... Read the full article
Applied Systems enhances commercial lines solution for Canadian Brokers
5th November 2025
Applied Systems, a global provider of cloud-based software for the insurance industry, has announced new enhancements to its commercial lines solution in Applied Epic for the Canadian market. The updates aim to give brokers greater choice, speed, and flexibility in growing their commercial books of business by unifying instant quote requests ... Read the full article
BPL launches Funded Solutions team to expand credit insurance services
5th November 2025
BPL, an independent broker specialising in credit and political risk insurance (CPRI), has established a new Funded Solutions team to provide insurance-linked capital and credit management strategies, including repackagings, for a broad range of financial institutions. The team will serve both established credit insurance clients and new entrants from the banking, ... Read the full article
Policybazaar launches reinsurance operations across Asia and the Middle East
5th November 2025
Policybazaar.com, one of India's largest insurance platforms, has expanded its global footprint with the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE. With this launch, Policybazaar becomes one of the first India-based intermediaries to introduce a technology-driven reinsurance model across the rapidly growing regions of Asia ... Read the full article
Chubb’s Lupica to retire, Keogh to take on expanded role
4th November 2025
Property and casualty insurer Chubb has announced the retirement of John Lupica, Vice Chairman, Chubb Group and Executive Chairman, North America Insurance, effective December 31, 2025. Lupica is a highly respected leader with a distinguished career spanning more than three decades in the property and casualty industry. During his 25-year tenure at ... Read the full article
Clients in Asia benefit from lower premiums amid softening insurance market: Aon
4th November 2025
Soft conditions are prevailing across the Asia insurance market, allowing clients to benefit from lower premiums across all major lines and reinvest savings into broader wordings, additional limits, and new coverages, according to insurance and reinsurance broking firm Aon. Aon's Q3 2025 Global Insurance Market Insights Report highlighted that soft market ... Read the full article
PartnerRe appoints Swiss Re’s Paul Brennan as Chief Actuarial Officer
4th November 2025
Bermuda-based reinsurer PartnerRe has announced that Paul Brennan will succeed Sima Ruparelia as Chief Actuarial Officer. Brennan is joining PartnerRe following a twenty-year tenure at Swiss Re, where he held a number of roles, most recently serving as Head of Actuarial P&C EMEA - Director. He joined Swiss Re in 2005 as ... Read the full article
Bowhead Specialty’s Q3’25 GWP increase 17.5%
4th November 2025
Bowhead Specialty Holdings Inc., a provider of casualty and professional liability products, reported a gross written premiums (GWP) increase of 17.5% for the third quarter of 2025 to $231.5 million, compared to $196.9 million in Q3’24. The lift was driven by an increasing renewal book and continued growth in the firm’s ... Read the full article
Alex Kirkby joins Willis Re’s Marine & Energy business
4th November 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of Alex Kirkby to its Marine & Energy business in London. Kirkby brings more than a decade of experience across both underwriting and broking. He joins Willis Re from Ascot Group, where ... Read the full article
The Hanover launches new offering for complex industrial property risks
4th November 2025
The Hanover Insurance Group has launched Hanover Specialty Industrial Property (HSIP) Advantage, a new admitted property product. This offering, the insurer stated, has been designed to modernise insurance coverage for small to mid-sized businesses that manufacture, blend, distribute, warehouse or transport high-hazard products and materials. HSIP Advantage will be available for new ... Read the full article
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