Reinsurance News
Reinsurance News
Reinsurance industry news, analysis, insight and interviews.
Reinsurance market news coverage provided everyday, on the top reinsurers and insurers, covering news topics of relevance to the reinsurance sector, as well as commercial and specialty insurance.
Gallagher expands Evolve smart-follow facility with new power risks
17th July 2025
Insurance and reinsurance brokering group Gallagher has introduced a new product line within its Evolve placement strategy, which offers automatic, immediate and bespoke coverage for Conventional Power clients around the world. Evolve, powered by InsurX’s smart follow technology, is multi-line portfolio tracker solution launched in February last year which unlocks seamless ... Read the full article
Cyber reinsurance capacity grows by $250m amid 5-15% rate declines in H1’25: Lockton Re
16th July 2025
Lockton Re, a reinsurance broker specialising in cyber risk, has released its update on the cyber reinsurance market for the first half of 2025. Their analysis reveals key trends and movements driven by shifts in pricing, capacity, and underwriting strategies shaping the evolving cyber insurance landscape. Lockton Re reports that the direct ... Read the full article
ABIR announces Gallagher Re as its newest member
16th July 2025
The Association of Bermuda Insurers and Reinsurers (ABIR) has added Gallagher Re, a global reinsurance broker, to its list of member companies. Gallagher Re is part of Gallagher, an insurance brokerage, risk management, and consulting group. The reinsurance division employs around 2,400 people across 30 countries. Gallagher has operated in Bermuda since ... Read the full article
US hurricane losses could soar 50% in warming climate, MS Amlin study finds
14th July 2025
Insured losses from US hurricanes could increase by nearly 50% if global temperatures rise by 2°C, MS Amlin, the Lloyd’s re/insurer, warns in its recently launched peer-reviewed study published in the Journal of Catastrophe Risk and Resilience. According to the study, climate change is reshaping hurricane behaviour—altering where storms strike, how ... Read the full article
Continued profitable growth for Hannover Re amid evolving risk landscape: CEO Jungsthöfel
14th July 2025
Clemens Jungsthöfel, who took over as CEO of Hannover Re from Jean-Jacques Henchoz in early April, has outlined his vision for the company’s future in a recent interview with Börsen-Zeitung, emphasizing continued profitable growth by leveraging its focused reinsurance model a lean structure. Jungsthöfel described Hannover Re’s current position as Read the full article
Reinsurance pricing remains near historic highs as 2025 market holds firm: AM Best
11th July 2025
In a recent briefing hosted by AM Best, titled “Reinsurance: What Lies Ahead?”, industry leaders gathered to examine the state of the reinsurance market at mid-year 2025 and offer insights into how the rest of the year might unfold. The panel included Jim Williamson, President & CEO of Everest Group; Greg ... Read the full article
Supercede introduces free Lloyd’s SRS return automation following Cohort 14
10th July 2025
Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns. The feature was developed following Supercede’s involvement in Cohort 14 of the Lloyd’s Lab Accelerator, which included a focus on enhancing reinsurance workflows for the Lloyd’s market. Addressing a commonly cited ... Read the full article
AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats
9th July 2025
AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate softening in the market since 2023, demand for cyber insurance remains resilient and ... Read the full article
Reinsurance must embrace forward-looking risk strategies, says Mandarin Re’s Arthur Underwood
8th July 2025
Mandarin Re’s Chief Underwriting Officer, Arthur Underwood, is urging the reinsurance industry to adopt a more forward-looking approach to risk evaluation and mitigation, as traditional models struggle to keep pace with fast-emerging threats. “The pace of change is accelerating,” Underwood said. “There is growing uncertainty, less confidence in historical trends, and ... Read the full article
It’s time to automate the ceded reinsurance process, says DXC Technology’s James Mahon
3rd July 2025
In a recent interview with Reinsurance News, James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, highlighted a persistent issue facing the re/insurance industry: the continued reliance on manual processes for managing ceded reinsurance. DXC Technology provides IT services and solutions to insurers around the world, with a focus on helping organisations ... Read the full article
Howden to launch reinsurance operation in Saudi Arabia
25th June 2025
Howden, a global insurance and reinsurance broking group, has secured regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia, Howden Re KSA, to be led by Motaz Bukhari as Chief Executive Officer (CEO). Howden Re KSA is to offer Treaty and Facultative placements, in addition to offering ... Read the full article
Orion180 lifts reinsurance coverage 31% for 2025 hurricane season to $845m
24th June 2025
Insurance solutions provider Orion180 has completed its excess-of-loss (XOL) and net quota share reinsurance agreements for the 2025 hurricane season totalling $845 million, which represents a 31% increase from the 2024 programme. The renewed reinsurance programme is backed by a robust panel of 35 leading global reinsurers, and covers both Orion180 ... Read the full article
Coalition Re launches Helios platform to improve cyber risk monitoring
24th June 2025
Coalition, known as the first Active Insurance provider focused on digital risk prevention, has introduced Coalition Re’s Helios platform. This new tool allows cedants of Coalition Re to track their cyber risk exposures in real time and manage their portfolios with updated data. Existing cedants can use the platform now at no ... Read the full article
Protecdiv names Sandra Thompson, former FHFA Director, as Independent Board Director
24th June 2025
Protecdiv, an insurance and reinsurance brokerage firm, has announced the immediate appointment of Sandra Thompson, former Director of the Federal Housing Finance Agency, as an Independent Director on its Board. With many years of experience in financial services, regulatory oversight, and corporate governance, Thompson joins Protecdiv as the company continues its ... Read the full article
Kingstone lifts catastrophe reinsurance limit 57% to $440m for 2025
23rd June 2025
Kingstone Companies, Inc., a US property and casualty insurance holding company, has finalised its 2025/2026 catastrophe reinsurance placement, increasing the amount of reinsurance limit secured by 57%, or $160 million year-on-year to $440 million. The limit includes $125 million in multi-year protection through the carrier's first catastrophe bond, 1886 ... Read the full article
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