Reinsurance News
healthcare
Brit US HPL Consortium 7882 renewed for 2026 underwriting year
27th January 2026
Specialty insurer Brit Group Holdings Limited has announced the successful renewal of its US Hospital Professional Liability (HPL) Consortium 7882 for the 2026 underwriting year, with maximum capacity of $10 million. The consortium serves US-based hospitals and health systems, bringing capacity for the healthcare market. Capacity of $10 million will continue ... Read the full article
Amynta combines underwriting units to create integrated healthcare practice
8th July 2025
Amynta Group, an insurance services provider, has announced it is combining its underwriting units, Oryx Insurance Brokerage (Oryx) and Total Program Management (TPM), to create a fully integrated healthcare practice. The combined business will operate as Oryx Healthcare, leveraging the company’s underwriting solutions with a broader offering to serve the needs ... Read the full article
Aon forecasts 9% rise in US employer health care costs for the coming year
16th August 2024
The cost of employer-sponsored health care in the US is expected to increase by 9.0 percent in 2025, bringing the average expense per employee to over $16,000, according to Aon, a global professional services firm. This expected rise assumes that employers won't introduce additional cost-sharing or other savings measures. It marks a ... Read the full article
Rising jury verdicts and insurance gaps a struggle for companies: Chubb
19th June 2024
As large jury verdicts increase in number and cost, many companies do not have adequate liability insurance to cover these losses effectively, a recent analysis by insurance company Chubb has revealed. According to Chubb's 16th annual Liability Limit Benchmark & Large Loss Profile by Industry Sector 2024, there is a widening ... Read the full article
Rob Wendin to lead BMS’ newly launched global healthcare division
1st May 2024
Independent specialist re/insurance broker BMS has launched its new global healthcare division, set to be led by industry veteran Rob Wendin serving as managing director. According to the announcement, the new division will provide solutions and guidance to healthcare providers and their insurers, as well as access to BMS’ range of ... Read the full article
Amwins Program Underwriters launches coverage for home health care workers
28th March 2024
Amwins Program Underwriters (APU), part of the Amwins Underwriting division, has launched its new Home Health Care HNOA program designed to provide hired and non-owned auto liability coverage for home health care operations. With more seniors opting to stay in their homes longer and more medical procedures allowing for at-home recovery, ... Read the full article
The healthcare market has become more difficult to navigate: Amwins
17th November 2023
With a blurring of lines between some risk retention groups (RRGs) and commercial lines carriers, as well as a trend to define standard coverage vs. E&S, the healthcare marketplace has become difficult to navigate, according to Amwins. In a recent report released by the firm that explores the state of the ... Read the full article
Marsh and Octaviant Financial partner on pharma warranty program
11th May 2023
Insurance broker and risk advisor Marsh Octaviant Financial, Inc., an innovator in novel drug warranties and payment models, have partnered together to offer a specialised warranty program to pharmaceutical manufacturers that develop gene, cell and specialty therapies. This new warranty solution, available to Marsh’s life science clients commercialising any pharmaceutical therapies, ... Read the full article
Generali Spain & Santias announce strategic healthcare partnership
12th October 2022
Generali Spain and Sanitas have signed a strategic agreement to provide to the more than 150,000 customers insured under Generali Spain’s health policies, as well as new customers, access to an extended health insurance offer. The agreement will come into effect on January 1, 2023 and will last for ten years. Through ... Read the full article
Cyber buyers should “prepare to face dramatic premium increases”
21st June 2022
As cyber markets continue to limit their exposure, buyers should be prepared to face dramatic premium increases or non-renewals if they are unable to demonstrate certain minimum-security standards, according to WTW’s 2022 Spring update. Primary and excess cyber renewals are now averaging premium increases in excess of 200% ... Read the full article
Alex Clark joins Arch’s London Market healthcare team
9th December 2021
Arch Insurance International has announced the appointment of Alex Clark as Senior Underwriter for Healthcare, with immediate effect. In this role, Clark will focus on providing underwriting solutions for large hospitals and health systems, which form a core part of Arch’s London Market healthcare insurance portfolio. Based in London, he will report ... Read the full article
Vantage launches Healthcare and Excess Casualty products
3rd September 2021
Vantage Group Holdings has introduced new product offerings in Healthcare and Excess Casualty. This announcement comes after Vantage previously announced it started offering products within within its Financial Lines and Professional Liability insurance. Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its Bermuda ... Read the full article
Korean Re partners with healthcare insurtech Leapstack
20th April 2021
Seoul-based reinsurer Korean Re has partnered with Leapstack, an AI-powered insurtech that specialises in healthcare, to support Leapstack’s expansion into the Korean insurance market. Leapstack, which has already partnered with several of Korea’s largest insurers, aims to provide big data AI solutions for commercial insurance companies and social security management agencies. In ... Read the full article
Lockton launches clinical advisory with HCA
23rd February 2021
Global brokerage Lockton has partnered with HCA Healthcare UK to provide their clients with access to an independent occupational health and clinical advice committee. With the new access, clients will be able to see health experts for a range of advice and guidance within its package. The Clinical Advisory Service offers support ... Read the full article
Amazon, Berkshire-backed healthcare venture Haven to shut down
5th January 2021
Haven, the joint healthcare venture launched by Amazon, Berkshire Hathaway and JP Morgan in 2018, is set to shut down and disband by the end of the month, sources at CNBC have reported. The three companies originally partnered to tackle the “ballooning costs of healthcare” in the US market through ... Read the full article
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