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.
McGill and Partners introduces cyber insurance specifically designed for Battery Energy Storage Systems
17th June 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems become more interconnected and ... Read the full article
Howden Re and UCL School of Management receive £200k for AI project targeting reinsurance processes
16th June 2025
Howden Re, the reinsurance and advisory division of Howden, and the UCL School of Management have been awarded £200,000 in government funding through a Knowledge Transfer Partnership (KTP), and the project is co-funded by Innovate UK and Howden Re. The partnership will focus on developing AI tools intended to update how ... Read the full article
Gallagher Re reveals leaked data as a strong predictor of cyber insurance claims
16th June 2025
Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriting in commercial cyber insurance. Their research focuses on the development and application of the Technographic Insight ... Read the full article
Bermuda’s long-term insurance sector maintains stability amid systemic risk concerns: BILTIR
13th June 2025
A recent independent report commissioned by Bermuda International Long Term Insurers and Reinsurers (BILTIR)—an association representing Bermuda-based long-term re/insurance companies—and conducted by Oliver Wyman, a global management consulting firm, has affirmed that Bermuda’s long-term re/insurance industry acts as a source of stability rather than risk within the global financial system. The ... 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
Arundo Re appoints Raphaël Marin as Non-Life Underwriter & Actuary for LatAm
10th June 2025
Arundo Re, the French reinsurance company, has named Raphaël Marin as Non-Life Underwriter and Actuary for the Latin America (LatAm) market. With over thirteen years of experience in the insurance and reinsurance sectors, he has built a strong professional background working in both France and internationally. His career includes positions at well-known ... Read the full article
Mereo Advisors Group announces new name: Cedar Trace
9th June 2025
Mereo Advisors Group, a Bermuda-based firm specialising in insurance, reinsurance, and asset management, has announced it will now operate under the new name Cedar Trace. The change is limited to branding. The company’s leadership, operations, and strategic direction remain unchanged. Cedar Trace continues its close relationship with Mereo Insurance Limited, the Bermuda ... Read the full article
Increasing severe weather spurs demand for parametric insurance: Swiss Re Corporate Solutions’ Megan Linkin
9th June 2025
In a Reinsurance News interview, Megan Linkin, Expert Structurer at Swiss Re Corporate Solutions, the global reinsurer's commercial insurance arm, discussed the growing demand for parametric insurance amid an uptick in severe weather events and subsequent losses. The surge in interest, she says, is tied directly to the increasing frequency and ... Read the full article
Africa Specialty Risks introduces new digital underwriting platform for brokers
9th June 2025
Africa Specialty Risks (ASR), a re/insurance group focused on high-growth markets, has launched ASR 24-7, a digital underwriting platform designed to simplify and accelerate broker access to its products and services. Exclusively available to authorised brokers, ASR 24-7 offers real-time quotes, binding authority, and end-to-end policy management tools. The platform is fully ... Read the full article
Reinsurance industry ‘better protected than ever’ for hurricane season: JP Morgan
6th June 2025
The global reinsurance industry is better protected than ever against large hurricane losses, according to JP Morgan’s recent Love Actuary report. According to analysts, a robust capital base, increased market capitalisations of the largest reinsurers, and improved profitability mean that an event the size of Hurricane Katrina would have a far ... Read the full article
S&P highlights strong capitalisation and competitive strength of top EMEA insurers
5th June 2025
According to S&P Global Ratings, insurers based in Europe, the Middle East, and Africa (EMEA) maintain strong capital foundations and capital buffers that enable them to endure external shocks effectively. S&P’s criteria show that the aggregate capital adequacy of these insurers consistently surpasses a 99.99% confidence level, reflecting a highly secure ... Read the full article
AM Best sees strong UK pension risk transfer pipeline, but regulatory scrutiny on funded reinsurance
5th June 2025
AM Best, the credit rating agency, has maintained its stable outlook for the United Kingdom’s (UK) life insurance segment, driven by continued strength in pension risk transfers (PRTs), robust investment conditions, and growing revenue from defined contribution (DC) pensions. Despite certain challenges, AM Best believes the UK life insurance sector remains ... Read the full article
Ageas Re in €500m+ quota share with Triglav linked to Prima distributed motor business
5th June 2025
Ageas Re, the reinsurance division of international insurance group Ageas, has completed a reinsurance agreement with Slovenian insurer Triglav Group in connection with the motor insurance business distributed by Italian Insurtech Prima. This partnership is linked with Triglav Group’s collaboration with Italian direct Motor insurance distributor, Prima Assicurazioni S.p.A., with the ... Read the full article
Aon appoints Dan Hartung as Global Head of Event Response for Risk Capital
4th June 2025
Aon, the global insurance and reinsurance broker, has announced the appointment of Dan Hartung as the Global Head of Event Response for Risk Capital, effective immediately. With nearly 15 years of expertise in meteorology and catastrophe analytics, Hartung will oversee Aon’s event response operations. His role will focus on enhancing the company’s ... Read the full article
Foreign reinsurers to surpass 50% market share in India by 2025: GlobalData
4th June 2025
As licensed foreign reinsurers continue to expand their market presence in India, their market share, in terms of gross written premiums (GWP), is estimated to surpass 50% in 2025, according to GlobalData. Foreign reinsurers have nearly doubled their market share in a short period, increasing from 25.8% in 2019 to 49% ... Read the full article
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