Reinsurance News
Aon appoints Andrew Minnitt as Head of Southeast Asia
5th September 2025
Aon, a global insurance and reinsurance broking group, has announced the appointment of Andrew Minnitt as Head of Southeast Asia. The newly created role brings together Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam as a unified subregion. Minnitt will expand his current role as Head of Singapore, Indonesia, and Malaysia to ... Read the full article
AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market conditions
5th September 2025
AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recording a five-year compound average growth rate of 11 percent. In 2024, Lloyd’s reinsurance premiums rose by ... Read the full article
MultiStrat appoints new execs, launches casualty reinsurance partnership
5th September 2025
MultiStrat has named Nadia Chychrun as Chief of Staff and Group Senior Director of Program Change, and Paul McCabe as Executive Director – Operations (COO), while also entering a definitive agreement to provide underwriting and liability management services for a casualty reinsurance vehicle it established with a $100bn+ alternative asset ... Read the full article
Secondary perils a “big opportunity for the reinsurance market,” says Karen Clark
5th September 2025
Advancements in risk modelling offer a big opportunity for the reinsurance market to better understand and price secondary perils, the co-founder and CEO of Karen Clark & Company (KCC), Karen Clark, shared in a recent interview with Reinsurance News ahead of the annual meeting of the reinsurance industry in Monte ... Read the full article
Flood Re adds Murphy as Independent Non-Exec. Director and Mulry-Lawson as Interim CRO
5th September 2025
Flood Re, the UK government-backed scheme funded by the insurance industry to improve access to affordable flood insurance, has appointed Michael Murphy as Independent Non-Executive Director and Sue Mulry-Lawson as Interim Chief Risk Officer (CRO). Mulry-Lawson's appointment as Interim CRO follows the recent promotion of Dan Byrne to Chief Commercial ... Read the full article
Those who innovate & adapt will thrive in evolved reinsurance market: Howden Re
5th September 2025
Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has suggested that those who combine market insight with technical execution, portfolio diversification and innovative structures will be best placed to succeed in this next phase of the reinsurance cycle. Howden Re's new "Who dares wins" report, released ... Read the full article
BHSI adds Anna Spink as Head of Marine, Australasia
5th September 2025
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Anna Spink as Head of Marine, Australasia. In her new role, Spink will be based in Sydney and lead the marine specialty lines, including marine cargo, marine liability, marine hull, pleasure craft, plant and ... Read the full article
Lloyd’s CEO outlines strategy to boost market relevance and cut costs
5th September 2025
Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the attraction and relevance of the Lloyd’s market by better tailoring ... Read the full article
BluePond.AI launches Reinsurance CoPilot to automate complex document processing
5th September 2025
BluePond.AI, a GenAI-native insurtech, has introduced its latest solution, P&C Reinsurance CoPilot, a tool designed to automate the ingestion of complex reinsurance documents and optimise workflow efficiency. Reinsurance contracts are often lengthy and require significant manual effort to process and record in administration systems, which can slow operations and create errors. BluePond.AI’s ... Read the full article
Lockton Re names James Stephens as Head of Crisis Management in London office
5th September 2025
Lockton Re, the reinsurance arm of the privately owned independent insurance broker, has announced the appointment of James Stephens as Head of Crisis Management in its London office. Tom Meyer, Head of Specialty, Lockton Re, added: "We are delighted James has joined Lockton Re supporting our drive to provide clients with ... Read the full article
Buyers can use favourable reinsurance market to seize strategic advantage: Aon
5th September 2025
A new report from Aon has hailed the attractive yet dynamic reinsurance market, noting that buyers can seize a strategic advantage amid global reinsurance capital reaching a record $735 billion as of June 30, 2025. According to the firm's new report, the record reinsurance capital was driven mainly by retained and ... Read the full article
Tim Barber becomes CEO, London for Price Forbes Re
5th September 2025
Independent reinsurance broker Price Forbes Re has announced the appointment of Tim Barber as CEO, London, reporting directly to Chris Bonard, president of the company. Barber brings over four decades of industry experience to his new role. As part of his responsibilities, he will lead Price Forbes’ London reinsurance operations and ... Read the full article
Apollo receives Lloyd’s approval to establish ReShare Syndicate 1972
5th September 2025
Apollo, the technology-driven insurance platform, has received “in principle” approval from Lloyd’s Council to establish Apollo ReShare Syndicate 1972, which is expected to commence underwriting on 1st January 2026. The new syndicate will provide follow-only capacity on the outwards reinsurance programmes for Apollo-managed syndicates. It will be led by Paul Sandi, Head ... Read the full article
Pool Re targets ‘perception gap’ with Treaty reforms to expand terrorism cover
5th September 2025
Only around 4% of UK SMEs currently buy terrorism insurance, a shortfall Pool Re attributes as much to a “perception gap” as to cost, with many businesses unaware that terrorism risks are excluded from standard policies, prompting a Treaty overhaul designed to embed cover more seamlessly and boost take-up while ... Read the full article
Gallagher Re names Max Garratt & Russell Hails as Executive Directors
5th September 2025
Global reinsurance broker Gallagher Re has announced the appointments of Max Garratt and Russell Hails as Executive Directors for its Australia team. Garratt brings over 20 years of industry experience to his new role. He joins Gallagher Re from Lockton, where he served as a Partner. Prior to that, he was ... Read the full article
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