Reinsurance News
Riverstone appoints Enstar’s Brockman as Group CEO, to succeed Tanzer
9th July 2025
Paul Brockman has been appointed as the new group chief executive officer of RiverStone International Holdings, succeeding Luke Tanzer who will be retiring later this year. Additionally, the company also announced the appointment of Andrew Creed as group president, in addition to his responsibilities as group chief financial officer. In a statement ... Read the full article
AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats
9th July 2025
AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate softening in the market since 2023, demand for cyber insurance remains resilient and ... Read the full article
ImageCat partners with Green Shield to expand wildfire risk data offerings
9th July 2025
ImageCat, a technology firm focused on risk and exposure analytics for the insurance, finance, and emergency management sectors, has partnered with Green Shield Risk Solutions, a specialist in wildfire risk assessment and mitigation data, to integrate its proprietary Property Guardian data into ImageCat’s Inhance and FACFinder platforms. Green Shield’s Property Guardian ... Read the full article
Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe
9th July 2025
Emilie Hungenberg has joined Sompo, a provider of commercial and consumer property and casualty re/insurance, as Head of Strategy Insurance – Continental Europe. Commenting on her appointment, Hungenberg said:“I’m excited to contribute to Sompo’s continued growth and transformation across the region, helping to shape strategic priorities and deliver operational excellence in ... Read the full article
MSIG USA appoints Philip Wray as Head of Property
9th July 2025
MSIG USA, a provider of specialty commercial insurance solutions, has announced the appointment of Philip Wray as Head of Property. In this role, Wray will lead MSIG USA’s national property portfolio, overseeing underwriting strategy, product development, and portfolio performance. He will also help strengthen technical underwriting standards and drive long-term, profitable ... Read the full article
Amwins SRU launches all-risk property solution for habitational market
9th July 2025
Amwins Special Risk Underwriters (SRU), Amwins' in-house MGA, has launched HabVantage, an exclusive all-risk property solution tailored for the habitational market. In a fluctuating property market, HabVantage is designed to meet evolving needs by providing Amwins brokers with access to expert underwriting and much-needed capacity for increasingly hard-to-place risks. Backed by A- ... Read the full article
Neptune Flood expands premium capacity to over $400m for 2025
9th July 2025
Neptune Flood, a provider of private flood insurance in the US, has announced it will have more than $400 million in premium capacity for 2025. This marks a significant jump from the $300 million secured in 2024 and highlights the company’s sustained growth within the private flood insurance sector. Neptune’s capacity now ... Read the full article
Tokio Marine eyes growth in niche non-property specialty in US P&C: Autonomous
9th July 2025
Following Tokio Marine’s investor day, Autonomous equity analysts highlighted the insurer’s strategic shift away from property exposures toward niche non-property specialty lines in the US P&C market, which it views as the greatest opportunity for stable, profitable growth. The analysts shared their thoughts on the outlook for US property and casualty ... Read the full article
Aon launches new Data Center Lifecycle Insurance Program for clients
9th July 2025
Aon has launched its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility created to help clients manage risk across every stage of data center development and operations. According to Aon, the DCLP provides an integrated solution that unifies construction, cargo, cyber, and operational risk coverage within a single, ... Read the full article
Bichetero named Substantive DMD/COO for Africa Re
9th July 2025
Africa Re has announced Ephraim Kiiza Bichetero has assumed duty as Substantive Deputy Managing Director/Chief Operating Officer (DMD/COO) from July 1, 2025. This has taken place after a one-year transition and succession programme with the retiring and longest-serving DMD/COO, Kenneth Edirin Napoleon Aghoghovbia. In his new role, Bichetero will assist the Group ... Read the full article
Mitsui Sumitomo to acquire majority ownership share of Time Machine Underwriters
9th July 2025
Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group Holdings, has announced plans to acquire shares of Time Machine Underwriters Co., Ltd. (TMU), a Managing General Agency (MGA) in Japan specialising in Representation and Warranty (R&W) Insurance. Established in 2019, TMU was the first company in Japan specialising in underwriting ... Read the full article
LMA announces launch of Treasury & Investments Group
9th July 2025
The Lloyd’s Market Association (LMA) has announced the formation of its new Treasury & Investments Group (TIG), a strategic initiative that aims to drive innovation and collaboration across the Lloyd’s market. The TIG will be accountable to the LMA Board, reporting directly to the LMA Finance Committee. Comprising representatives from 17 managing ... Read the full article
Institutional interest and regulatory clarity could fuel crypto insurance growth: AM Best
9th July 2025
While insurance penetration in the cryptocurrency sector remains very limited, greater interest from institutional investors and regulatory clarity are two factors that may help drive insurance growth in the industry, according to AM Best. As ownership of digital assets varies widely across the U.S. population, quantifying the emerging cryptocurrency and digital ... Read the full article
Ondine Bourrut Lacouture to serve as Active Underwriter of Arch Syndicate 1955
9th July 2025
Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has promoted Ondine Bourrut Lacouture as an Active Underwriter of Arch Syndicate 1955 at Lloyd’s. Lacouture succeeds Simon Williams, who held the role since Syndicate 1955 was acquired by Arch in 2019. Most recently, she served as the Head of Long Tail Lines ... Read the full article
OAK Re unveils new organisational structure to drive future growth
9th July 2025
Global reinsurance provider OAK Reinsurance has announced an enhanced organisational structure, building upon its successful launch in November 2024. Since January 1, 2025, OAK has achieved significant success, successfully writing approximately $400m of gross written premium at its target expected profitability. This positive global reception has led to a client base that ... Read the full article
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