Reinsurance News
US P&C insurance to see 5% premium growth in 2025 despite $16bn in reserve additions: Swiss Re
24th April 2025
After several years of elevated growth and performance, the US property and casualty (P&C) insurance sector is approaching a period of slower expansion and rising uncertainty, reports reinsurance giant Swiss Re. According to James Finucane, Senior Economist, and Thomas Holzheu, Chief Economist Americas, of the Swiss Re Institute—part of Swiss Re, ... Read the full article
Willis names Harry Merker to key leadership roles in P&C and Alternative Asset Insurance Solutions
24th April 2025
Willis, a WTW business, has named Harry Merker as the new Property and Casualty (P&C) Cross Industry Sales Leader and Alternative Asset Insurance Solutions (AAIS) Sales, Strategy, and Execution Leader for North America. In this newly established dual role, Merker will be responsible for advancing broking growth across Willis’ P&C operations, ... Read the full article
Apollo and Moonrock launch new insurance facility for drones, eVTOL, and aviation innovation
24th April 2025
Apollo, the technology-driven insurance platform, in collaboration with Moonrock, a managing general agent specialising in drone insurance, has announced the launch of a new insurance facility designed to support emerging risks in drone, eVTOL, and aviation innovation. The facility offers liability coverage of up to $100 million and property damage coverage ... Read the full article
Nexus appoints Ana Ortega Lamaignère as Broker & Partner Manager, Spain
24th April 2025
Nexus Underwriting, a specialty Managing General Agent (MGA), has announced the appointment of Ana Ortega Lamaignère as Broker & Partner Manager for Spain in its Trade Credit business in Europe, effective April 1st, 2025. In her new role, Lamaignère will help expand Nexus’s presence in Europe and strengthen partnerships across the ... Read the full article
AXA proposes renewal of CEO Thomas Buberl’s mandate in 2026
23rd April 2025
Large French insurer AXA's Board of Directors has proposed the renewal of Thomas Buberl’s mandate as a director and intends to reappoint him as the company's Chief Executive Officer (CEO). Buberl has served as CEO and Director of AXA since September 2016, having joined the AXA Group as part of its ... Read the full article
Chubb ‘mindful’ of potential tariff impacts on short tail lines: CEO Greenberg
23rd April 2025
Evan Greenberg, Chief Executive Officer (CEO) of large US insurer Chubb, said today that with much uncertainty surrounding tariffs and inflation, the company is watching closely for potential impacts on short tail lines of business. "I don't have a crystal ball, and I cannot prognosticate where inflation actually goes from here ... Read the full article
Helvetia and Baloise merger to create major Swiss insurance group
23rd April 2025
Swiss composite insurance groups, Helvetia and Baloise have announced their intention to join forces in a merger of equals, proposing the formation of "Helvetia Baloise Holding Ltd". The proposed entity will create the second-largest insurance group in Switzerland, with a combined market share of approximately 20% and a business volume of ... Read the full article
ZestyAI expands access to insurance coverage with AI-powered risk analytics
23rd April 2025
ZestyAI, a provider of AI-driven insurance risk analytics, played a key role in helping carriers and insurers of last resort extend coverage to over 511,000 properties previously considered uninsurable in 2024. In the coming year, the company aims to double its impact, providing coverage options to more than a million families ... Read the full article
Novacore launches as independent insurer to transform specialty market
23rd April 2025
As part of the continued evolution of NSM Insurance Group, Novacore has been launched as an independent specialty insurance provider, leveraging advanced technology, automation, and analytics to drive performance, fuel growth, and transform niche insurance programs. Building on NSM’s 35-year track record, Novacore is committed to transforming insurance for agents, carrier ... Read the full article
Global Parametrics becomes coverholder to Canopius Lloyd’s Syndicate 4444
23rd April 2025
Global Parametrics, part of the CelsiusPro Group, and Canopius, an international specialty lines and P&C re/insurer, have announced the signing of a Lloyd’s syndicate coverholder partnership. Under this collaboration, Global Parametric becomes coverholder to Canopius Lloyd’s Syndicate 4444 - one of the largest in the Lloyd's of London marketplace - and ... Read the full article
DXC Technology hires industry leader William Pieroni
23rd April 2025
Global technology services provider DXC Technology has appointed William Pieroni as Global Strategy and Growth Leader for Insurance Software & Business Process Services (BPS). Pieroni holds more than 25 years of experience, having most recently served as CEO of ACORD, the global standards-setting body for the insurance industry, where he also ... Read the full article
Amphitrite expands Marine War offering with $40m Lloyd’s capacity
23rd April 2025
Amphitrite Underwriting London, a marine specialist managing general agent (MGA), has expanded its Marine War offering with an additional $40m in Lloyd’s capacity. The added capacity provides brokers and clients with more options and extends the reach of Amphitrite’s specialist marine products amid rising demand for Marine War cover. The Marine War ... Read the full article
CRC Group appoints Aon’s Todd Jones as Chief Growth Officer
23rd April 2025
CRC Group, a wholesale specialty insurance distributor in North America, has announced the appointment of Todd Jones as Chief Growth Officer, effective June 2025. In this role, Jones will lead CRC Group's strategic initiatives aimed at driving organic growth, with a focus on strengthening alignment with key clients. He will report ... Read the full article
Accelerant adds QBE and Tokio Marine America to Risk Exchange
23rd April 2025
Accelerant, a services and data platform for the specialty insurance market, has announced the addition of QBE and Tokio Marine America to its Accelerant Risk Exchange, significantly enhancing the platform’s capabilities and reach. Accelerant’s Risk Exchange offers a streamlined, data-driven approach that connects selected specialty insurance underwriters with risk capital partners, ... Read the full article
Goosehead Insurance appoints Bill Wade to its Board of Directors
23rd April 2025
Goosehead Insurance, a personal lines insurance distribution, has announced the appointment of Bill Wade to its Board of Directors, to help drive the company’s technology-driven expansion. Wade will leverage his deep expertise in leveraging emerging technologies, particularly artificial intelligence (AI), to fuel innovation, operational efficiency, and transformational growth at Goosehead. Mark Miller, ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
