Reinsurance News
AXIS appoints Aon’s Alyssa Rubinetti as Senior Life Science Underwriter
7th March 2025
Bermuda-based insurer and reinsurer AXIS Capital has expanded its life sciences team with the appointment of Alyssa Rubinetti as Senior Underwriter. Rubinetti brings over a decade of property and casualty brokering experience in the life sciences industry to her new role. She joins AXIS after 10 years at Aon, where she held ... Read the full article
CEA’s risk transfer tower contracts to $7.85bn after Jan reinsurance renewal
7th March 2025
The California Earthquake Authority's (CEA) risk transfer tower decreased further in size through the January 1st, 2025, reinsurance renewals, as renewed traditional reinsurance contracts were placed at a lower volume than those that expired at the end of the year. Last year, we reported that the CEA's reinsurance and risk ... Read the full article
Resolution Life signs $9.7bn reinsurance agreement with Protective
7th March 2025
Resolution Life has signed a $9.7 billion reinsurance agreement with Protective, a U.S. subsidiary of Dai-ichi Life Holdings, Inc. Protective’s operating subsidiaries, Protective Life Insurance Company and West Coast Life Insurance Company, will reportedly cede in-scope blocks of structured settlement annuities and secondary guaranteed universal life policies currently in runoff to ... Read the full article
Specialty MGA UK appoints Amir Hussain as Head of Political and Credit Risk
7th March 2025
Specialty MGA UK, a managing general agent known for its tailored insurance solutions, has appointed Amir Hussain as Head of Political and Credit Risk. This strategic hire marks the launch of a new business line as the company aims to establish itself as a key player in the political risk market. Hussain ... Read the full article
Everest adds John Howard to Board of Directors
7th March 2025
Global insurer and reinsurer Everest Group, Ltd., has appointed John Howard as an independent, non-executive member of its Board of Directors, effective immediately. Howard is an industry veteran with over three decades of insurance and senior executive leadership experience at top financial services organisations. Most recently, he was Chief Executive Officer (CEO) ... Read the full article
Skyline Insurance expands homeowners coverage across Washington amid rising property values
7th March 2025
Skyline Insurance Group, a home, auto and life insurance specialist, has announced the expansion of its homeowners insurance services to new communities across the state of Washington in the United States, emphasising relationship-based insurance. The expansion now includes comprehensive homeowners insurance in Marysville, Bothell, Edmonds, Lake Stevens, and Lynnwood. This move comes ... Read the full article
Westfield Specialty International announces key appointments in PI team
7th March 2025
Westfield Specialty International, a provider of specialised insurance solutions, has announced the latest in a series of senior appointments. Pete Stephens has been appointed as the new Head of the Professional Indemnity (PI) team, while Hattie Hassall joins as a Senior PI Underwriter. Both will be based in the London office ... Read the full article
AXA XL launches benchmarking service for sustainable building practices
7th March 2025
AXA XL has launched the Sustainable Building Practices Adoption Maturity Index (SAMI), a benchmarking service designed to help construction clients in North America assess their sustainable building practices against industry peers. Cheri Hanes, AXA XL's Head of Construction Innovation and Sustainability, said, "Technological advancements, economic incentives and the need for more ... Read the full article
Lancashire expects less property cat reinsurance rate softening after LA wildfires: CUO Gregory
6th March 2025
Paul Gregory, Chief Underwriting Officer (CUO) of re/insurance company Lancashire Holdings Limited, expects there to be less property catastrophe reinsurance rate softening than initially anticipated for the remainder of 2025, following the impacts of the costly January wildfires in Southern California. Industry losses for the January 2025 Los Angeles wildfires are ... Read the full article
Price Forbes’ Jack Keilty joins New Dawn Risk Group
6th March 2025
Specialist insurance intermediary New Dawn Risk has announced the appointment of Jack Keilty as Head of Management Liability and Financial Institutions. Based in London, Keilty will report to the US broking team, working alongside James Bullock-Webster, Head of US Broking. Keilty brings over a decade of experience in the London international financial ... Read the full article
US life insurers set to benefit from continued growth in private credit: Moody’s
6th March 2025
According to Moody's Ratings, US life insurance companies have significantly increased their participation in the private credit market in recent years. This shift is primarily driven by partnerships with alternative asset managers (AMs), who have brought substantial expertise and capital to the sector. As a result, insurers have gained access to a ... Read the full article
TMHCCI appoints Camilla Gower as Head of Marine and Energy Liability
6th March 2025
Tokio Marine HCC International (TMHCCI), a subsidiary of the Tokio Marine HCC group of companies, has announced the promotion of Camilla Gower to Head of Marine and Energy Liability, effective April 1, 2025. In this role, Gower will lead the team and drive growth in a key market for the carrier. ... Read the full article
AXA XL partners with cyber security expert Darkweb IQ
6th March 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has partnered with Darkweb IQ to help businesses strengthen their cyber security practices. Darkweb IQ is a cybersecurity firm that specialises in protecting companies from cyber threats such as ransomware, data theft, and third-party risks. By collaborating ... Read the full article
Gina Gill joins Apollo as Chief Information Officer
6th March 2025
Apollo has appointed Gina Gill as Chief Information Officer, effective from March 2025. Gill holds over 17 years of experience in digital transformation, technology strategy, and operational leadership and joins Apollo from the Cabinet Office, where she served as interim Chief Strategy Officer. Before this, Gill was the Chief Digital & Information ... Read the full article
Hippo’s 2024 revenue up 77% in most successful year to date
6th March 2025
Home insurance group Hippo has revealed its 2024 revenue hit $372 million, up a massive 77% from 2023. In Q4 2024 alone, Hippo's revenue increased by 58% to $102 million, while net income attributable to the firm was $44 million, compared to a net loss of $42 million in Q4 2023. Meanwhile, ... Read the full article
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