All the headlines from our Reinsurance Topic Page, ordered by recency.
Jun 8 2023 // AXA XL said Renaud Guidée has been appointed as chief executive officer, Reinsurance, effective September 1.Guidée assumes the role from Nancy Bewlay, who has been appointed group chief underwriting officer. In this...
Jun 2 2023 // Reinsurance rates continued to harden during the June 1 renewals, with risk-adjusted property-catastrophe pricing up 33% on average, according to reinsurance broker Howden Tiger.Prices rose within a typical range of 25% to...
Jun 1 2023 // The Ardonagh Group announced its expansion into Greece following its agreement to acquire a majority shareholding in SRS Group of Companies (SRS).Founded in 2019 and based in Athens, SRS’ businesses include a leading...
May 30 2023 // Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel.Terms of the transaction, which is expected to close later...
May 26 2023 // Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned would be a painful June 1 renewal deadline.Kin Insurance Inc., a tech and...
May 24 2023 // With the June 1 reinsurance renewals a week away, the outlook for Florida-based property insurers may not be quite as dire as many had predicted earlier this year, at least according to a top official with one of the...
May 18 2023 // Aon this week filed a lawsuit against rival Alliant Insurance Services for an alleged “unlawful raid” of senior leaders and other employees of Aon’s facultative reinsurance group.Aon claims Alliant took...
May 17 2023 // This edition of International People Moves details appointments at Hamilton and Canopius Group.A summary of these new hires follows here. Hamilton Appoints Brown as Chair of Board of DirectorsHamilton Insurance Group Ltd....
May 15 2023 // Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd.Loeb held exploratory discussions with Bermuda-based SiriusPoint about a potential deal to...
May 9 2023 // London, England. May 09, 2023. — Eliot Partnership (“Eliot Partnership”), the leading global insurance sector specialist executive search firm, today announced its expansion into the global Life Insurance...
May 9 2023 // While the January reinsurance renewals proved to be the toughest and most gruelling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much calmer affair, according to Swiss Re.“Overall,...
Apr 28 2023 // Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company.“Over the last 18 months, Canopius has reorganised our global underwriting...
Apr 25 2023 // A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a significant investment from billionaire Warren Buffett’s...
Apr 21 2023 // Argo Group International Holdings Ltd. announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. to acquire Argo in an all-cash transaction valued at approximately $1.1 billion.The...
Apr 18 2023 // Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of “Footprint,” a new type of reinsurance contract, which the firm created in collaboration with...
Apr 17 2023 // Sompo Int’l Promotes Hyland to President of N. America Reinsurance, Succeeding HankeSompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the...
Apr 12 2023 // The Texas Windstorm Insurance Associated Board of Directors will meet Tuesday, April 18 to discuss taking possible action on the TWIA’s reinsurance purchase for the 2023 storm season. TWIA’s reinsurance broker,...
Apr 12 2023 // Activist investor Daniel Loeb is looking to take insurance firm SiriusPoint Ltd. private, the founder of hedge fund Third Point said in a regulatory filing, sending the shares of the company up 13% in early trading on...
Apr 12 2023 // Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks that are not big enough for Lloyd’s of London.Initially...
Mar 30 2023 // Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™.Tremor Issuer is part of the suite of Tremor services that can...