Reinsurance News

WTW adds Scott Van Slyck and Kate Gingras to Insurance Consulting and Technology team

12th June 2025

Insurance and reinsurance broking group WTW has appointed Scott Van Slyck as Senior Director of Technology Sales and Kate Gingras as Director of Strategy Execution within its Insurance Consulting and Technology (ICT) business. The pair will report to Giovanni Smyth, Americas Regional Leader for the ICT business. However, Slyck has an ... Read the full article

The Baldwin Group’s Westwood to acquire Hippo’s homebuilder distribution network

12th June 2025

The Baldwin Group has announced that its indirect subsidiary, Westwood Insurance Agency LLC, has entered into an agreement to acquire the homebuilder distribution network from Hippo Holdings, Inc. and its affiliates, expected to close on or around July 1st, 2025. Westwood will acquire all outstanding equity interests of the entities comprising ... Read the full article

Guy Carpenter’s Ian Wrigglesworth elected as President of the AIA

12th June 2025

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has congratulated Ian Wrigglesworth on his election as President of the Aviation Insurance Association (AIA) for the 2025–2027 term. The AIA is a professional organisation dedicated to the aviation insurance sector, serving as a platform for networking and education for underwriters, brokers, ... Read the full article

Specialist Risk Group appoints Neil Nimmo as CEO – UK

12th June 2025

Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the appointment of Neil Nimmo as CEO – UK. In his new role, Nimmo will oversee SRG’s Retail, Wholesale, and Underwriting businesses in the UK. His leadership will be key to scaling the Group’s successful model ... Read the full article

Swiss Re flags extreme heat as deadliest natural hazard in latest SONAR report

12th June 2025

Swiss Re, a reinsurance company, has issued a warning in its newly published 2025 SONAR report: extreme heat now poses a greater threat to human life than floods, earthquakes, and hurricanes combined. The annual report, which monitors emerging risks affecting insurers and global systems, positions extreme heat as a primary concern ... Read the full article

Stuart Logue named new CFO of Asta Managing Agency

12th June 2025

Asta, a third-party managing agent at Lloyd’s, has appointed Stuart Logue as Chief Financial Officer (CFO) of Asta Managing Agency, subject to regulatory approval. Logue replaces Richard Barke, who is moving to a senior leadership role at Asta’s owner, Davies. Incoming Logue holds more than 30 years of management experience across the ... Read the full article

Just Group completes £150m pensioner buy-in with MGN Pension Scheme

12th June 2025

Just Group has completed a c. £150m pensioner buy-in with the MGN Pension Scheme, sponsored by Reach plc, which provides pensions for former employees of Mirror Group Newspapers. The buy-in, which was completed in November 2024, reportedly insures the benefits of around 1,300 in-payment members, a proportion of the Scheme’s overall ... Read the full article

MGAA partners with market intelligence platform Insurance DataLab

12th June 2025

The Managing General Agents’ Association (MGAA) has partnered with market intelligence platform Insurance DataLab to provide valuable insights to its members and empower the community to make more informed, data-driven decisions. In line with the MGAA’s mission, this strategic collaboration with Insurance DataLab, now a Supplier Member, will significantly enhance the ... Read the full article

Legacy is a long-term business with relationships that go beyond reserves: Swiss Re’s Schilling & Schäfli

12th June 2025

Global reinsurance giant Swiss Re views legacy as a long-term business built on trusted relationships, and while positive steps have been taken to improve the resilience and perception of the market, there’s more work to do, according to Janic Schilling, Head Legacy Origination and Andreas Schäfli, Head of P&C Legacy, ... Read the full article

Aon appoints Chalisa Maythangkul as Director, Natural Resources

12th June 2025

Global insurance and reinsurance broker Aon has appointed Chalisa Maythangkul as Director of its Natural Resources team in Asia. Maythangkul brings three decades of industry experience. She joins Aon from Howden Maxi / Howden Singapore, where she served as Executive Consultant. Prior to that, she served as Executive Director at Kyoritsu Insurance ... Read the full article

PERILS lowers industry loss estimate for Cyclone Alfred 12% to AUD 2.25bn

12th June 2025

Zurich-domiciled catastrophe insurance data provider PERILS AG has disclosed its second industry loss estimate for Cyclone Alfred to AUD 2.25 billion, a 12% dip from its initial loss estimate of AUD 2.568 billion issued in April 2025, six weeks after the event. Cyclone Alfred affected the Australian states of Queensland ... Read the full article

Compre appoints Rachel Bardon as CUO

12th June 2025

Compre, a Bermuda-domiciled international legacy reinsurance group, has appointed Rachel Bardon to the newly-created role of chief underwriting officer (CUO), effective 1st September 2025. Based in Bermuda, Bardon will join Compre’s executive committee and report to Group CEO Will Bridger. She will also join the board of Compre’s Bermuda-based reinsurer, Pallas ... Read the full article

Howden Re adds Lockton’s John Philipsz as MD, Head of Australia & New Zealand

12th June 2025

Howden Re, the reinsurance and strategic advisory division of global broking group Howden, has appointed John Philipsz as Managing Director (MD), Head of Howden Re Australia and New Zealand, effective July 1st, 2025, reporting to Andy Souter, Head of Asia Pacific, Howden Re International. Philipsz succeeds Stuart Beatty, who after 38 ... Read the full article

Lockton Re appoints Daryl Polenz as Senior Broker

12th June 2025

Lockton Re, the reinsurance arm of independent insurance broker Lockton, has appointed Daryl Polenz as a Senior Broker, based in Kansas City. Polenz has over three decades of extensive experience in the property & casualty (P&C) reinsurance space, of which he spent ten years at industry giant Swiss Re. Most recently, he ... Read the full article

Ryan Specialty Renewables launches to expand global energy insurance capabilities

12th June 2025

Ryan Specialty Underwriting Managers, the specialty underwriting arm of Ryan Specialty, has announced the launch of Ryan Specialty Renewables, a new international business unit that brings together several renewable energy managing general underwriters (MGUs). This includes PERse Americas, PERse International, newly established Ryan Specialty ventures, and Albus, which joined the company ... Read the full article