Reinsurance News
Price will be a talking point but reinsurance structures expected to hold: Munich Re
16th October 2025
Global reinsurer Munich Re expects price to be a discussion point at the 2025 Baden-Baden Reinsurance Meeting next week, and emphasised that the firm is ready to deploy more capital ahead of the January renewals with structures projected to hold, but warned that the carrier will walk away from business ... Read the full article
Guy Carpenter’s revenue rises 5% to $398m in Q3’25
16th October 2025
Global broking group Marsh McLennan's reinsurance arm, Guy Carpenter, generated revenue of $398 million and $2.3 billion for the third quarter and nine-month period ended September 30th, 2025, respectively, as consolidated revenue across the group increased for both periods. For the third quarter, Guy Carpenter's revenue increased by 5% on both ... Read the full article
Markel International names Joe Wong as Professional Financial Risks & Cyber Underwriter
16th October 2025
Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client engagement. Based in the company’s Singapore office, he will report to Olga Wong, Professional Financial Risks & ... Read the full article
Saudi Re approves issuance of new shares to increase capital by 46.6%
16th October 2025
Saudi Reinsurance Company’s (Saudi Re) Board of Directors has approved a capital increase through the issuance of 53.98 million new shares, raising its capital by 46.6% to SAR 1.7 billion to strengthen the reinsurer’s capital base and support growth. The approval follows the Extraordinary General Assembly Meeting held on Thursday 9th ... Read the full article
Clark to lead Howden US’ Private Risk Solutions with Krupowicz as Head of Operations
16th October 2025
Insurance broker Howden US has appointed Joe Clark as President and Dale Krupowicz as Head of Operations for its Private Risk Solutions business. The broker stated that these appointments reinforce its commitment to building a modern, client-centric model for high-net-worth and ultra-high-net-worth individuals. The pair will lead the development of Howden’s US ... Read the full article
MGT Partners and Huntingdon Advisory form partnership to expand European re/insurance opportunities
16th October 2025
Huntington Advisory, an independent strategic advisory firm headquartered in Singapore with offices in London and Hong Kong, has partnered with MGT Partners, a French financial services group based in Paris, to enhance client access to the European re/insurance broking market and related financial services opportunities. This partnership brings together Huntington’s expertise ... Read the full article
David Smith appointed as Chaucer Group’s new Head of Claims
16th October 2025
Chaucer Group, a specialty re/insurance group, has announced the appointment of David Smith as Group Head of Claims, subject to regulatory approval. Smith will assume the role on 1 January 2026, following the retirement of Tony Gates, who will step down after 35 years with the company. He has also completed 35 ... Read the full article
Munich Re a stabilising force in uncertain times: Kopff
16th October 2025
Clarisse Kopff, Member of the Board of Management at Munich Re, has indicated that amid climate-related perils and the impacts of geopolitical and macroeconomic instability, the firm will continue to fulfil its stabilising role, grounded in enduring client relationships. "In a world which is constantly heating up, literally and in a ... Read the full article
CLARA Analytics unveils new offering service that transforms data into AI-ready assets
16th October 2025
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelligence. By providing a solid data foundation, CLARA is paving the way for its next major platform advancement, ... Read the full article
IDF announces launch of Infrastructure Resilience Development Fund
16th October 2025
The Insurance Development Forum (IDF)—a public-private partnership between the insurance industry, the United Nations, and the World Bank—has announced the launch of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), part of BlackRock, the IRDF is based on the Infrastructure Resilience Development Blueprint developed over the past ... Read the full article
Kemper names C. Thomas Evans, Jr., as Interim CEO as Lacher steps down
16th October 2025
US-based insurer Kemper Corporation has appointed C. Thomas Evans, Jr., the current Executive Vice President (EVP), Secretary, and General Counsel, to serve as Interim Chief Executive Officer (CEO) as Joseph P. Lacher, Jr. steps down. Lacher departs the roles of President and CEO after nearly a decade, and will conclude his ... Read the full article
Optio Group names Harald Teige as Head of Coastal Marine at S Insurance AS
16th October 2025
Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company. Based in Oslo, Teige will report to Morten F. Basthus, Chief Underwriting Officer, and has taken up the position with immediate effect. Teige has more than ... Read the full article
ACORD Solutions expands automated sanctions screening capabilities in ACORD Transcriber
16th October 2025
ACORD Solutions Group, the technology arm of ACORD, has announced expanded features for automated sanctions screening within ACORD Transcriber, its intelligent document processing platform. The new Sanctions Screening capability extracts key data from insurance documents and sends it directly to LexisNexis or a client’s chosen screening provider for real-time compliance checks, ... Read the full article
Georgina Smart named HDI Head of Global Risk Bloodstock & Equine
16th October 2025
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Georgina Smart as Head of Global Risk Bloodstock & Equine, based in London. Smart will lead the insurer’s bloodstock and equine underwriting and distribution strategy across international markets and the US. The executive brings a wealth of experience to ... Read the full article
Consilium launches stand-alone stock facility to improve inventory coverage
15th October 2025
Consilium, the global specialty insurance and reinsurance wholesale broker, has announced that its Cargo Risk Solutions division has launched a stand-alone stock facility designed to deliver improved pricing, lower deductibles, and broader wordings that better reflect how clients and brokers do business. In a market facing increased supply chain volatility and ... Read the full article
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