Reinsurance News

Marsh McLennan names Renee McGowan as Chief Commercial Officer, International

18th September 2025

Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Renee McGowan as Chief Commercial Officer, International, effective October 1, 2025. McGowan will also continue to serve as CEO of Marsh McLennan India, Middle East, and Africa (IMEA) until early 2026, when she will relocate to Europe. As CCO she ... Read the full article

Re/insurer profits at risk from climate-driven health impacts without adaptation: WEF

18th September 2025

According to a new report from the World Economic Forum, developed in collaboration with Boston Consulting Group (BCG), without adaptive action, climate-driven health impacts could erode insurer profitability and push coverage costs higher for consumers across markets. The new report, which assessed climate-driven health impacts across four of the most affected ... Read the full article

Radian to become global multi-line specialty insurer with $1.7bn Inigo acquisition

18th September 2025

Radian Group Inc., a US-based company primarily known for mortgage insurance, has reached a definitive agreement to acquire Inigo Limited, a Lloyd’s specialty insurer, in a transaction valued at $1.7 billion, mostly in cash, with the acquisition being funded using Radian’s available liquidity and capital from its subsidiaries. The deal marks ... Read the full article

Supercede sees steady growth as it streamlines brokers’ workflows and extends focus: Ben Rose

18th September 2025

Ben Rose, Co-Founder and President of Supercede, highlighted that the company has seen steady growth since its launch, with much of the expansion driven by brokers recognising the platform’s ability to streamline time-consuming, ‘table-stakes’ tasks and free them to focus on improving deal quality and client outcomes. Supercede is an independent ... Read the full article

Challenging outdated perceptions necessary to address re/insurance talent gap: MS Amlin

18th September 2025

The London reinsurance market faces a looming crisis due to a lack of new talent. A recent survey by MS Amlin revealed that 68% of Britons would not consider an insurance career, while London Market Group figures show as many staff over 50 as under 30 (24% in each group). This ... Read the full article

Sompo appoints Alessandrea Quane as CEO, International Markets

18th September 2025

Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Alessandrea Quane as Chief Executive Officer, International Markets. In this role, Quane will report to James Shea, CEO of Sompo P&C, and will oversee Sompo’s Commercial and Consumer Insurance operations outside of North America and ... Read the full article

GLP-1 drugs could cut mortality rates in US and UK, Swiss Re says

18th September 2025

Swiss Re, a reinsurance company based in Zurich, has released new research suggesting that GLP-1 weight-loss medications could substantially reduce mortality rates in the United States and the United Kingdom over the next two decades. According to the company’s projections, if these drugs are widely adopted and combined with healthy lifestyle ... Read the full article

BHSI launches Group Personal Accident and Business Travel Insurance in the UK

18th September 2025

Berkshire Hathaway Specialty Insurance (BHSI) has entered the Accident & Health Market in the UK, expanding the company’s global A&H footprint. BHSI launched Group Personal Accident and Business Travel Insurance, a new product tailored for UK companies of all sizes, created to address both every day and emerging risks of domestic ... Read the full article

RT Specialty’s RT Connector gets brand refresh and upgraded digital solutions

18th September 2025

RT Specialty, the wholesale brokerage division of Ryan Specialty, an international specialty insurer, has refreshed the brand and enhanced RT Connector, the digital marketplace streamlining specialty insurance marketing and placement for retail agents and brokers. Over the past year, RT Specialty has enhanced and upgraded its digital solution to offer the ... Read the full article

Christina Montes De Oca to lead Coface North America region

18th September 2025

Trade Credit insurer Coface has announced the appointment of Christina Montes De Oca as the new CEO in the North America Region, taking over the role from Oscar Villalonga who is pursuing a career outside the Group. Montes De Oca will also be joining the company’s Executive Committee and report directly ... Read the full article

NEXT Insurance gets A+ Superior rating from AM Best

18th September 2025

NEXT Insurance, a digital insurtech specialising in small businesses, has secured an A+ Superior rating and an AA Superior long-term rating from credit rating agency, AM Best. NEXT’s upgraded rating, according to AM Best, demonstrates its financial strength and reliability, reinforcing its ability to support entrepreneurs across a broad range of ... Read the full article

Lockton names Rapciewicz as US Casualty Leader & Cullen as Head, Excess Casualty & Operations

18th September 2025

Lockton, a global independent insurance brokerage, has appointed Peter Rapciewicz as US Casualty Leader, and Jessica Cullen as Head of Excess Casualty and Operations, based in New York City. In his new role, Rapciewicz will oversee the strategic direction and growth of Lockton's casualty offerings across the US, reporting directly to ... Read the full article

Legacy market’s flexibility key as new exposures emerge: Carrick’s Hernon

17th September 2025

Phil Hernon, Chief Operating Officer of Carrick Holdings, told Reinsurance News at RVS 2025 that as emerging legacy exposures such as cyber, climate, and social inflation continue to grow, the market is demonstrating its ability to adapt, driven by proactive planning and ongoing education. Discussing all things legacy, Hernon explored a ... Read the full article

Aon launches Specialist Claims Solutions to help insurers tackle persistent challenges

17th September 2025

Aon, a global insurance and reinsurance broking group, has announced the launch of Specialist Claims Solutions, a new offering created to help insurers drive profitability in an increasingly complex claims landscape. Insurers are currently facing significant pressure to improve financial performance within their claims departments. Many are struggling with limited resources, challenges ... Read the full article

Moody’s raises AXA’s insurance financial strength rating to Aa2 with stable outlook

17th September 2025

Moody’s Ratings, a provider of credit ratings, research, and risk analysis, announced that it has upgraded the insurance financial strength rating of AXA SA to Aa2 from Aa3. AXA, an insurance and asset management group, now carries a stable outlook following the change, reflecting Moody’s view of the company’s reinforced business ... Read the full article