All the headlines from our Reinsurance Topic Page, ordered by recency.
May 15 2024 // Ardonagh Specialty announced it is naming its reinsurance business Price Forbes Re. The renaming of Inver Re in London and Bermuda and Equinox Re in the US follows the simplification of Ardonagh Specialty’s multiple...
May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty.A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...
May 10 2024 // China Construction Bank Corp., the nation’s third-largest commercial lender, was accused in a US lawsuit of enabling a massive fraud in the reinsurance industry that left companies with “monumental...
May 6 2024 // At the heart of healthcare liability insurance lies the intricate realm of medical malpractice.Demanding a profound understanding of both the product and the healthcare sector, this specialized field is cultivated through...
May 2 2024 // MS Reinsurance, the reinsurance subsidiary of MS&AD Insurance Group Holdings, has received rating upgrades from AM Best and S&P Global Ratings.On April 26, 2024, AM Best announced it had upgraded the...
Apr 26 2024 // Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to...
Apr 23 2024 // Iowa will lower the amount of reinsurance tax due from some captive companies under a bill signed by Governor Kim Reynolds last week.HF 2636 lowers the tax on premiums written above $60 million to 0.02 percent, down from 5...
Apr 23 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has announced a partnership with Safehub, a technology provider in seismic sensor and risk management solutions to offer a market-first,...
Apr 19 2024 // James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – ending a period of legal wrangling that had...
Apr 17 2024 // Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer focused on casualty business.Under a long-term agreement, Aspen will...
Apr 5 2024 // Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins benefited from last year’s “redistribution of...
Apr 3 2024 // This edition of International People Moves details appointments at re/insurer MS Amlin and the broker Aon.A summary of these new hires follows here. MS Amlin Promotes Geddes as Head of ReinsuranceMS Amlin, the...
Mar 26 2024 // Everest Promotes Williamson to Lead Global Re/Insurance BusinessesEverest Group Ltd., the Bermuda-based property, casualty, and specialty re/insurer, announced that Jim Williamson has been promoted to lead Everest’s...
Mar 26 2024 // Hannover Re will combine its global business in the areas of cyber and digital, creating a new specialty reinsurance business unit, effective April 1, 2024.Hannover Re said the new business unit aims to enhance Hannover...
Mar 21 2024 // Gabriel, an Israel-based technology company that tackles the challenge of mass shootings and workplace violence threats, announced it has partnered with global specialty re/insurance group Chaucer and crisis management...
Mar 18 2024 // When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: Within two years, the carrier had added no fewer than 123,000...
Mar 13 2024 // This edition of International People Moves details appointments at Arch Reinsurance and DUAL France.A summary of these new hires follows here. Arch Reinsurance Promotes 3 Senior Leaders: Halgan, Hardy Pickering and PunArch...
Mar 11 2024 // The Federal Emergency Management Agency (FEMA) late last week said that for the seventh time it went to the insurance-linked securities reinsurance markets to secure $575 million in coverage for the National Flood...
Mar 6 2024 // This edition of International People Moves details appointments at Sompo Japan and Willis Towers Watson (WTW).A summary of these new hires follows here. Sompo Japan Names Takahashi as Chief Risk Officer, Head of...
Mar 4 2024 // This edition of International People Moves details appointments at Aon’s Reinsurance Solutions Bermuda unit and Acrisure Re in London.A summary of these new hires follows here. Aon Promotes Romeo to CEO of Bermuda...