Reinsurance News
Davies names Adam Warwick as Group Chief Information Officer
23rd September 2025
Davies, a specialist in professional services and technology solutions for insurance, financial services, and other regulated industries, has announced the appointment of Adam Warwick as Group Chief Information Officer (CIO). Warwick joins from Bravura, a global software solutions provider, where he was Group Chief Technology and Product Officer. He brings more ... Read the full article
Third-party cyber risks among most significant threats to operational resilience: Acrisure
23rd September 2025
A new report authored by Acrisure’s James Morgan has highlighted the rising threat of cyber-attacks on key third-party vendors and their potential to trigger widespread operational disruption and financial losses across multiple businesses. The new report is centred around the recent cyberattack on Collins Aerospace, a major aviation technology provider owned ... Read the full article
Fitch upgrades Generali’s ratings on lower sovereign risk & improved performance
23rd September 2025
Fitch Ratings has upgraded Generali and its core subsidiaries’ Insurer Financial Strength (IFS) Ratings to ‘AA-’ from ‘A+’, citing lower sovereign risk and the group’s very strong profile, capitalisation, leverage, and operating performance. The agency has also upgraded Generali's Long-Term Issuer Default Rating (IDR) to 'A+' from 'A', assigning Stable outlooks ... Read the full article
Insurance Development Forum strengthens leadership with key appointments
23rd September 2025
Insurance Development Forum (IDF), a public-private partnership, has announced three key additions to its steering committee, bringing a global wealth of experience and expertise to its mission of closing protection gaps and enhancing resilience. The new members are Patrick Tiernan, Chief Executive of Lloyd's; Eduardo Fabrega, CEO of ASSA Compañia de ... Read the full article
AM Best revises Issuer Credit Rating outlook to positive for Singapore Re
23rd September 2025
AM Best has revised Singapore Re’s outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed its rating of “a” (Excellent). The agency also affirmed the company’s Financial Strength Rating (FSR) of A (Excellent), with a stable outlook. These ratings reflect Singapore Re’s balance sheet strength, considered ... Read the full article
Just Group shareholders approve BWS acquisition
23rd September 2025
Just Group plc shareholders have voted in favour of Brookfield Wealth Solutions’ (BWS) acquisition of the company, marking a step toward the completion of the recommended cash offer. The vote took place at the Court Meeting and General Meetings held on September 19, 2025. The agreement, first announced on 31 July ... Read the full article
Bamboo Insurance and Accredited partner to expand homeowners coverage in California
23rd September 2025
Bamboo Insurance, a homeowners insurance provider with a technology-driven model, has announced a partnership with Accredited, a specialty insurer. The collaboration introduces Bamboo’s new E&S Signature product, designed to broaden coverage options for homeowners in California. As several insurers scale back operations in the state, Bamboo is maintaining its presence and expanding ... Read the full article
Casualty insurance pricing remains high, specialty and non-US markets offer opportunities: TD Cowen
22nd September 2025
TD Cowen, an investment bank and research provider, hosted a field trip to London last week with senior management from prominent re/insurance and broking groups, offering insights into shifting dynamics across casualty insurance and related markets. According to TD Cowen, views on casualty insurance were mixed, with some executives pointing to ... Read the full article
Munich Re backs epidemic and pandemic insurance for Maldives tourism industry
22nd September 2025
Munich Re, one of the world's largest reinsurance companies, has joined forces with Trust Edge Risk Solutions, Equirus Raghnall Brokers, and Solarelle Insurance to launch the Maldives’ first insurance policy designed specifically to address epidemic and pandemic risks. The policy, developed for members of the Maldives Association of Tourism Industry (MATI), ... Read the full article
Willis Re names Adrian Fahy as Chief People Officer
22nd September 2025
Adrian Fahy has been named Chief People Officer of Willis Re, where he will lead the firm's global people function, overseeing talent strategy, culture and engagement, learning and development, total rewards, and inclusion and diversity. "His remit is to shape the people strategies that enable our colleagues — and our business ... Read the full article
Everest opens new office in India GIFT City to boost APAC business
22nd September 2025
Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from the International Financial Services Centres Authority (IFSCA). Everest explained that this new office underscores its long-term strategy to diversify geographically, deepen local client engagement, and expand ... Read the full article
Neptune Insurance seeks up to $423.7m in IPO
22nd September 2025
Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million. Selling securityholders are offering 18,421,053 shares at an expected price range of $18 to $20 per share. They also intend to grant underwriters a 30-day option to purchase up ... Read the full article
No real concern for property cat rate declines ahead of 1/1: Peel Hunt
22nd September 2025
Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Monte Carlo Rendezvous, reinsurance carriers offered “very little” pushback to brokers’ ... Read the full article
SanlamAllianz Re selects Tobias Suek as new CEO
22nd September 2025
SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Suek, who replaces Ilyes Hassib, joined Allianz in 2007 and has held several senior roles, most recently serving as Head of Global Lines at Allianz Re. In ... Read the full article
Placing Platform Limited fully integrates digital contract functionality
22nd September 2025
Placing Platform Limited (PPL), a provider of insurance placement technology, has introduced a new edition of its digital contract system, developed by Artificial. This release marks the full integration of digital contract functionality within PPL’s placing platform. The upgraded system is expected to reduce contract creation time by 50% and cut the ... Read the full article
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