Reinsurance News
Glyn Hughes joins Allianz Personal Broker as MD
16th September 2025
Allianz UK has announced the appointment of Glyn Hughes as Managing Director of Allianz Personal Broker, effective February 2026. Subject to regulatory approval, Hughes will join the UK personal lines leadership team reporting to Serge Raffard, Managing Director of Allianz’s personal lines business. He will be joining the company from Ageas, where ... Read the full article
Vantage secures A- rating from S&P
16th September 2025
The core operating re/insurance entities of specialty carrier Vantage Group Holdings Ltd. have secured a financial strength rating of 'A-' from S&P Global Ratings, with a stable outlook. The ratings agency has assigned its 'A-' long-term issuer credit and financial strength ratings to Vantage Risk Ltd. (VRL), Vantage Risk Specialty Insurance ... Read the full article
SPG consolidates wholesale business to launch unified division
16th September 2025
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerage and underwriting facilities, has announced its plans to consolidate its wholesale businesses under a single division: SPG Wholesale. This move marks the company’s transition from a network of specialty brands to a fully integrated platform, designed to provide enhanced clarity, ... Read the full article
Swiss Re promotes Fatone to Head of Southern Europe P&C Reinsurance
16th September 2025
Global reinsurer Swiss Re has appointed Hernan Fatone as Head of Southern Europe Property and Casualty (P&C) Reinsurance. In the role, he succeeds Santiago Arechaga, who has been promoted to President of Reinsurance for Latin America and the Caribbean. Fatone will also assume the role of Country President and Branch Manager of ... Read the full article
B.P. Marsh & Partners invests $12.5m to fuel XPT growth
16th September 2025
B.P. Marsh & Partners Plc, a specialist private equity investor, has announced a new investment to support the growth of its US-based investee company, XPT Group LLC (XPT). The company is supporting XPT via an investment in its new vehicle XPT Producer Acquisition Co LLC (XPT Producer Co), which is designed ... Read the full article
Grange Insurance appoints Steve Marohn as Commercial Lines President
16th September 2025
Ohio-domiciled insurer Grange Insurance Company has appointed Steve Marohn as the company’s Commercial Lines President. Marohn has over 35 years of commercial lines experience, most recently as President of the Specialty Property and Casualty division at Hanover Insurance. In the role, he led a $580 million specialty property and casualty portfolio ... Read the full article
HDI Global Insurance names Himadri Trivedi as Business Transformation Lead
16th September 2025
HDI Global Insurance Company (HGIC), the US arm of international corporate and specialty insurer HDI Global, has appointed Himadri Trivedi to the newly created position of Business Transformation Lead. Trivedi will play a key role in aligning technology and business operations to advance enterprise-wide initiatives, reinforce governance, and deliver measurable outcomes. She ... Read the full article
US personal auto insurers maintain positive momentum into 2025: AM Best
16th September 2025
US personal auto insurers continued to show progress in the first half of 2025, as the segment’s direct loss ratio declined for the second year in a row, according to a new AM Best report, with the results suggesting that the strong recovery seen in 2024 is extending into this ... Read the full article
Aoife Taylor named I–RE’s Broker Relationship Manager
16th September 2025
I–RE, a specialist in captive insurance and reinsurance, has announced the appointment of Aoife Taylor as the group’s new Broker Relationship Manager. In her new role, Taylor will be responsible for broadening I–RE’s broker network and nurturing existing broker and captive manager relationships. The executive brings over two decades of experience to ... Read the full article
Reinsurance industry needs sustainable margins & responsible structures: Aon reinsurer panel
15th September 2025
The global insurance and reinsurance markets are "all in this together" and as discipline and innovation drive relevance in an increasingly uncertain world, it's vital that the industry has sustainable margins and responsible structures, and doesn't forget past mistakes. This is according to Jill Beggs, Executive Vice President, and CEO of ... Read the full article
Allianz UK introduces generative AI tool BRIAN
15th September 2025
Allianz UK, part of the financial services group Allianz SE, has introduced a generative AI tool, BRIAN, to help underwriters respond to customer enquiries, enhancing speed and confidence in decision-making processes. Allianz UK says its new tool will help underwriting teams overcome the time-consuming challenge of navigating lengthy guidance documents by ... Read the full article
AXA XL names Sophie Farhane as Global CUO, Cyber Direct & Indirect
15th September 2025
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Sophie Farhane as Global Chief Underwriting Officer (CUO), Cyber, Direct and Indirect. In this role, Farhane will oversee AXA XL’s cyber insurance portfolio, driving strategy, enhancing profitability, fostering innovation, and strengthening relationships with partners and ... Read the full article
Fitch reports seventh year of double-digit growth for US E&S insurance in 2024
15th September 2025
Fitch Ratings, a credit rating agency and provider of financial research, reported that the US excess and surplus (E&S) insurance market continued its remarkable growth streak in 2024, with direct written premiums rising 11 percent. Although this was below the 15 percent expansion recorded in 2023, Fitch emphasised that the sector ... Read the full article
The Fidelis Partnership announces senior promotions for Bermuda Treaty team
15th September 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced senior promotions for both its Bermuda Treaty team and Bermuda based underwriting leadership. These promotions will see Paget Hengesbaugh become Head of International Treaty. He joined TFP five years ago, having joined from Renaissance Re. Drew Tomlinson will become Head ... Read the full article
Underwriting discipline key for re/insurers to fulfil growth aspirations: Morningstar DBRS
15th September 2025
The key challenge for both insurers and reinsurers as they set out to fulfil their growth aspirations will be to maintain underwriting discipline, Morningstar DBRS observed in a recent report. According to a new report from the firm, despite the increasing trend in natural catastrophe-insured losses, commercial property insurance prices are ... Read the full article
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