All the headlines from our Reinsurance Topic Page, ordered by recency.
Nov 19 2024 // Guy Carpenter, the reinsurance specialist and a business of Marsh McLennan, announced it has entered into an agreement to acquire the remaining 51.5% of shares of Carpenter Turner, an Athens-based regional leader in the...
Nov 18 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 — a five-year high that was driven mainly by favorable investment income and strong underwriting performance....
Nov 12 2024 // This edition of International People Moves details appointments at the Everest Reinsurance and the broker Miller.A summary of these new hires follows here. Everest Reinsurance, the reinsurance division of Bermuda-based...
Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes.Losses will instead...
Nov 1 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriting performance. The...
Oct 29 2024 // Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as managing director and country head, according to people familiar with the...
Oct 18 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Specialist Risk Group.A summary of these new hires follows here. AXA XL Re Taps Swiss Re’s Schiffer as CEO, North America,...
Oct 17 2024 // AXA Insurance announced it has rebranded its Chinese reinsurance unit, XL Re China, to AXA International Re.The name change took effect on Oct. 16, 2024, following approval from the Chinese regulator, the National...
Oct 16 2024 // This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International.A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S....
Oct 15 2024 // Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which...
Oct 9 2024 // A wide cone of uncertainty surrounds insurance experts’ pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 billion-plus loss...
Oct 9 2024 // This edition of International People Moves details appointments at Arch International Insurance and Aon.A summary of these new hires follows here. Arch Insurance International Promotes Brooks to Head of Fine Art &...
Oct 9 2024 // Executive Summary: Insurers and reinsurers are responding to heightened risks of civil unrest with better calculations of their probable maximum losses, careful risk pricing, clear contractual wordings, and by using new...
Oct 7 2024 // MNK Group has launched a specialty reinsurance subsidiary in Labuan, Malaysia, called Pt Mekong Re.The business will offer flexible reinsurance solutions across Asia Pacific in addition to South Asia, the Gulf Cooperation...
Oct 3 2024 // Pine Walk Capital Ltd., the specialist MGA incubator platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Silverflame Re, a new specialty reinsurance MGA.Silverflame Re will...
Oct 1 2024 // Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros.The transaction, which first was...
Sep 27 2024 // This edition of International People Moves details appointments at AXA XL Bermuda, the tech risk platform Intangic, and the Lloyd’s insurer Dale Underwriting Partners.A summary of these new hires follows here. AXA XL...
Sep 19 2024 // Lockton, the Kansas City, Missouri-based insurance brokerage firm, announced it has received regulatory approval to operate a reinsurance brokerage business in Colombia.“Lockton’s continued growth in Latin...
Sep 19 2024 // This edition of International People Moves details appointments at the Bermuda-based re/insurer Vantage Group Holdings and the insurance broker Miller.A summary of these new hires follows here. Vantage Promotes Granda to...
Sep 16 2024 // Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up with loss trends from social inflation.The rating agency in a new report changed its outlook...