Latest news
Record earnings for ‘big four’ Continental reinsurers; discipline held amid casualty, wildfire claims
Munich Re, Swiss Re, Hannover Re and SCOR have raised their earnings targets after strong performance and €11bn of combined earnings in 2024, according to a paper from rating agency Moody’s.
Allianz Trade names Williams as new UK & Ireland CEO
Veteran exec to succeed Sarah Murrow, who moves to lead Americas region.
Arch Insurance International appoints Barrett to lead cyber and health
James Barrett promoted to lead two lines at the London market insurer.
Renewals at 4/1 favour reinsurance buyers – Aon
A competitive reinsurance market saw “much improved pricing” for most buyers at the key 1 April renewal for Japan, South Korea and India, the reinsurance broker reported. Notably, the LA wildfires had little effect beyond loss-hit US insurers, according to Aon.
Pool Re makes terrorism treaty transition, heralds innovation, resilience benefits
Tailored retentions can include CBRN threats, cyber physical damage, as well as conventional risks, under the new ‘bifurcated approach’ adopted by the UK’s Treasury-backed reinsurance pool for terrorism risk in mainland Great Britain.
Aon names Soltysiak as Reinsurance Solutions Asia CEO
Soeren Soltysiak previously served as the reinsurance broker’s strategic growth leader for Asia Pacific.
Pine Walk to launch A&H MGA with Morgan to lead it
The Fidelis Partnership’s Pine Walk MGA platform will launch a new accident and health startup “later in 2025” led by a former Beazley A&H specialist.
Breese joins HDI Global from Arch as UK cyber head
Marcus Breese joins the commercial and specialty insurer’s UK & Ireland business from rival carrier Arch.
Exposure management’s evolution – Apollo’s Laura Freeman interview
In a re/insurance market defined by underwriting cycles, evolving risks and technological transformation, Laura Freeman, Apollo’s head of exposure management, has a unique vantage point.
DWIC speaker preview: Crisis management lessons with WTW’s Thomson-Hall
At next month’s Dubai World Insurance Congress (DWIC) 2025 event in Dubai, speaker Pamela Thomson-Hall, CEO, international, WTW, will share insights on managing geopolitical risk crises.
Lockton Re publishes report on US homeowners' property market
Study from the reinsurance broker’s New York office examines housing market resilience across key states in a low-affordability environment.
AM Specialty Appoints Milch as claims head
Dallas, Texas appointment for former Gallagher Bassett casualty claims specialist.
TMK appoints Wilson special risks leader
James Wilson joins from The Hartford where he was head of political risks, and head of credit and political risk.
Fidelis Partnership launches international casualty MGA Sevanta
Launch of Sevanta expands The Fidelis Partnership’s casualty footprint, but casualty business remains beyond the risk appetite of Fidelis Insurance Group itself.
CPRI broker BPL secures Preservation PE backing
Credit and political risk insurance broker BPL gets new private equity minority stake backer, citing a maturing CPRI market and projected market growth trajectory.
Wildfire, SCS, and the future of cat modelling – Karen Clark interview
Karen Clark, CEO of Karen Clark & Company (KCC), is a pioneer in catastrophe risk modelling. As the industry faces mounting challenges from wildfires, severe convective storms (SCS), and shifting market conditions, the looks to the future of cat models.
MS Amlin binds landmark Ukraine reinsurance facility
Re/insurer to underwrite first risks on innovative scheme that could provide up to €5bn in coverage over five years for Ukraine SMEs.
MENA re/insurers’ ratings trending ‘positive’ despite regional challenges – AM Best
Despite country risk and the Middle East and North Africa region’s challenging regional geopolitical conditions, the rating agency says re/insurers’ creditworthiness is net positive.
Markel: LatAm casualty demand rising on life science, environmental drivers
Markel underwriters emphasise positive outlook for life science sector, while tighter laws are spearheading the need for environmental liability cover in Latin America.
Acrisure Re promotes Deane to lead ARCAS US
New head of Acrisure Re Corporate Advisory & Solutions has a capital markets background at Stonybrook Capital and former brokers JLT and Benfield.
BMS completes Rasher Spanish broker acquisition
Rasher’s Latin American and Spanish broking operations now part of BMS Group.
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