Reinsurance News
Insurance news
Insurance news of relevance to the reinsurance market.
Our focus is on insurance and reinsurance news for large account, commercial and specialty lines, as well as pure reinsurance and retrocession news, analysis, insight and interviews.
Ben Webster named Associate Director at The Centre for Disaster Protection
10th September 2025
The Centre for Disaster Protection, an organisation dedicated to helping countries better prepare for and finance responses to disasters, has announced the appointment of Ben Webster as Associate Director, effective 8 September 2025. Webster joins the Centre from the International Federation of Red Cross and Red Crescent Societies (IFRC), where he ... Read the full article
MISSION-supported Laplace rolls out tailored insurance solutions for high-complexity corporate risks
9th September 2025
Laplace Alternative Risk Transfer Solutions, a newly established managing general underwriter (MGU) focused on alternative risk transfer (ART), has officially launched its structured insurance programmes for large corporate clients with complex or hard-to-place risks. Named after French mathematician Pierre-Simon Laplace, whose contributions laid the foundation for modern risk modelling, the company ... Read the full article
Canopius Group appoints Ray Wong as Energy Underwriter in Singapore
9th September 2025
Canopius Group, a specialty and P&C re/insurer, has announced the appointment of Ray Wong as Energy Underwriter, effective 4 September 2025. Wong will be based in Singapore, joining the APAC Energy team under the leadership of Johnny Kim, Head of Energy and Construction, APAC. With more than 14 years of experience, Wong ... Read the full article
CatX and Cactus to merge, launch AI-driven risk platform in Bermuda
8th September 2025
Bermuda-based insurance technology firms CatX and Cactus have announced plans to merge, forming the island’s largest insurance software company. CatX provides AI-based risk intelligence and workflow tools for property, specialty, and catastrophe insurance, as well as a regulated digital exchange connecting insurers with investment funds. Cactus offers a digital workspace for underwriting ... Read the full article
HSB (UK & Ireland) names Andrew Burke as CEO
8th September 2025
HSB (UK & Ireland), a provider of engineering insurance and inspection services, has appointed Andrew Burke as Chief Executive Officer, subject to regulatory approval. Burke has more than 30 years of experience in insurance and financial services. He was previously CEO of DAS UK Group, where he managed the company’s strategic ... Read the full article
Insurance Europe warns Solvency II reform falls short of EU competitiveness goals
5th September 2025
Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU lawmakers, jeopardising growth and putting billions in potential long-term investment at risk. In its consultation response, Insurance ... Read the full article
Planette’s quantum-inspired forecasting system to improve extreme weather prediction
5th September 2025
In a move to combat the growing challenges of extreme weather, the U.S. National Aeronautics and Space Administration (NASA) has chosen Planette, a long-range weather prediction technology company, to develop QubitCast, a next-generation forecasting system. This new system aims to provide more accurate and timely predictions for extreme events like heavy ... Read the full article
ABIR members see strong growth in 2024, despite elevated claims
4th September 2025
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) recorded a solid performance in 2024, showing a 10% increase in premium written, an 8.5% rise in total equity and gross written premium (GWP) increased to over $188 billion, a record figure, according to a recently published report. ABIR’s Global ... Read the full article
Dale Underwriting Partners to exit offshore energy as a standalone class
4th September 2025
Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, a specialist insurer at Lloyd’s of London, has announced it will cease writing Offshore Energy as an independent class of business. The decision to discontinue Offshore Energy as a standalone class follows a strategic review of the ... Read the full article
DOF advances climate-disaster risk finance & insurance mechanisms in the Philippines
3rd September 2025
The Department of Finance (DOF), together with the Global Shield Secretariat, the Institute for Climate and Sustainable Cities (ICSC), and development partners, is working to strengthen climate-disaster risk finance and insurance (CDRFI) mechanisms in the Philippines. As the government agency tasked with mobilising financial resources for climate initiatives, the DOF is ... Read the full article
Westfield Specialty International names Melanie Gilbert as Head of Third Party Claims
2nd September 2025
Westfield Specialty International, a specialty insurance provider, has strengthened its claims leadership with the appointment of Melanie Gilbert as Head of Third Party Claims. Based in London, Gilbert will report to Katie MacGregor, Director of Operations (interim) and Head of Claims at Westfield Specialty International. In her new role, Gilbert will oversee ... Read the full article
As Asia’s over-65 population nearly doubles by 2050, insurers face new financial risks: Swiss Re
2nd September 2025
As Asia’s population ages rapidly, insurers must adjust their strategies to meet the changing needs of older adults, according to Ping Ji, Matt Singleton, and Torben Swart of Swiss Re Group, a global reinsurance company that provides research and risk management support to life and health insurers. In 2000, only 6% ... Read the full article
Willis launches new fully embedded bloodstock solution
1st September 2025
Willis, a WTW business, has announced the launch of a new specialty bloodstock insurance solution in partnership with Equine MediRecord, an equine digital health software company. The new product is designed to make the process of acquiring bloodstock insurance more accessible and efficient for horse owners and trainers across the UK. Equine ... Read the full article
M&G Investments names Charles Moussier as European Head of Insurance Solutions
1st September 2025
M&G Investments, a UK-based asset manager offering a broad range of investment solutions to institutional and retail clients, has appointed Charles Moussier as European Head of Insurance Solutions. Based in Paris, Charles will report to Russell Lee, Global Head of Insurance Solutions, and will lead efforts to expand M&G’s engagement with ... Read the full article
Relative benchmarking and predictive AI can reveal true outperformers in Lloyd’s market, says ICMR
1st September 2025
Insurance Capital Markets Research (ICMR), an independent analytics and research firm founded by former leaders of Lloyd’s internal research and performance team, has released new findings showing how relative benchmarking, enhanced by predictive AI, can transform the way underwriting performance is assessed in the Lloyd’s market. Working with syndicates, managing agents ... Read the full article
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