Latest news
Aon expands Client Treaty co-insurance to 35% for 2027
Re/insurance broker’s flagship facility will increase co-insurance on eligible placements from 28.5% to 35%, including facultative reinsurance business
HIVE appoints Wiley as property D&F class underwriter
Ex Sompo international property head joins HIVE Underwriters as it builds out its new global property direct and facultative business
HDI strengthens political violence team with Kapoor and Brown appointments
Former Aviva colleagues will join HDI Global UK and Ireland’s crisis management business as it expands its political violence and terrorism capabilities
Wessén appointed chair of ICMIF
CEO of Swedish insurer Folksam succeeds Rob Wesseling for a four-year term as the mutual and cooperative insurance sector reports record premium income
Miller appoints Stubbings CEO of reinsurance
Former Miller Bermuda chairman takes over the reinsurance business as Gary Masters moves to chairman, following a period of acquisitions and international expansion
Fidelis plans Singapore Lloyd’s service company
TFP APAC is expected to begin underwriting from 1 January 2027, focusing on treaty reinsurance across high-growth Asia-Pacific markets
ILS is now core reinsurance capital, says Aon’s Pennay
The ILS market has become fundamental to reinsurance programmes, while casualty sidecars are attracting major investors with the capacity to accelerate growth, according to Aon Securities CEO Richard Pennay.
Europe’s modest wildfire losses mask growing exposure, says Howden Re’s Edwards
European wildfires have barely affected property catastrophe treaties, but changing exposures and gaps in modelling demand closer attention, says the reinsurance broker’s head of international catastrophe and actuarial analytics, Tim Edwards
Control at centre of Agent Hub launch, says Earnix’s Twist
Earnix’s Agent Hub aims to accelerate insurers’ pricing and underwriting work while preserving human oversight, with Matthew Twist arguing that governance and integration will determine the technology’s value
Agriculture in an El Niño year: the view from China and India
Howden Re’s Mohammad Faizan Huq, associate president and head of treaty reinsurance for agriculture and climate risk, and Mike Xin, managing director and head of agriculture, explore how climate volatility, evolving government programmes and changing risk-sharing structures are shaping underwriting, pricing and demand for reinsurance capacity.
Gallagher Re appoints Ceballos to lead fac facilities and portfolio solutions
Former Everest Re exec joins in Miami to develop Gallagher Re’s facultative facilities and portfolio solutions proposition globally
Munich Re Specialty enters Australian primary specialty market
Business launches with property, construction and engineering, mining and surety products, targeting commercial and mid-market clients
Symetra and TIAA launch Mariner Re in Bermuda
Class E reinsurer will support Symetra’s annuity growth through a flow reinsurance arrangement backed by a $750m TIAA equity investment
LSM appoints Richards head of property D&F
Former Chaucer senior class underwriter will lead Liberty Specialty Markets’ London property direct and facultative team
Willis Re completes BMS Re US acquisition
Reinsurance broking deal expands Willis Re’s US broking capabilities across property and casualty and adds the BMS Capital Advisory business
Elseco opens Singapore office with A&H reinsurance offering
New Lloyd’s Asia coverholder will initially focus on facultative accident and health reinsurance for insurers across the region
MS Amlin launches AI wordings tool ahead of 1/1 renewals
“Wordy Bot” is expected to halve contract review times and will initially support MS Amlin’s North American property reinsurance book
Abundant capacity gives credit reinsurance buyers leverage at 1/1: Willis Re
Credit, surety and political risk cedents are entering the January renewals with greater negotiating power as record reinsurance capital combines with profitable underlying business
Global insured cat losses hit $91bn by end-Q3: Aon
Natural disaster insured losses were slightly above the 21st-century average but the lowest for the first nine months of a year since 2019, as regional loss concentrations intensified, according to the re/insurance broker
Lockton Re appoints England Lee chairman in Bermuda
Veteran broker is expected to relocate to the island in early 2027 as Lockton Re prepares further investment and appointments in its Bermuda operation
French riots put property insurers’ SRCC exposure under scrutiny
Widespread damage has highlighted accumulation risk facing property insurers, with tighter reinsurance terms expected to leave direct writers carrying much of the burden while France awaits a state-backed riot re/insurance scheme.
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