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NewsAM Best: Sub-Saharan reinsurers post strong results despite economic headwinds
Report from AM Best says the region’s reinsurers achieved double-digit returns on equity in 2024, supported by disciplined underwriting despite macroeconomic volatility
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NewsCanopius appoints Webber as head of reinsurance in London
New hire from Trans Re strengthens Canopius’ UK reinsurance ambitions as the group looks to expand its treaty reinsurance business
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NewsBaden-Baden: Swiss Re warns of $300bn cat year as geopolitical and civil unrest risks rise
Reinsurer Swiss Re used its pre Baden-Baden reinsurance meeting press conference to highlight escalating catastrophe losses, rising secondary perils and growing overlap between natural disasters and social unrest.
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NewsQBE Re appoints Foo as head of Asia treaty reinsurance
Appointment marks key step in reinsurer’s regional growth strategy, as Singapore becomes the hub for its expanding Asian operations
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NewsKuhn stresses profit discipline as Westfield Specialty trims property and builds in E&S
Westfield Specialty’s Jack Kuhn says the carrier will finish 2025 near $1.8bn in premium after two profitable years, prioritising cycle-proof returns while easing back on property and leaning into E&S casualty, financial lines and cyber.
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NewsMiller appoints Robinson and Ross to lead MGA platform
New leadership duo to drive broker’s expansion into specialty underwriting, with focus on building an underwriting-led, data-driven MGA platform.
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NewsAgility meets scrutiny: The rise of direct-to-reinsurer and fronting carrier MGAs
Tension between agility and oversight sits at the heart of the MGA model’s future, writes Charles Rowley, director at DA Strategy
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NewsChisholm appointed chairman of Asia reinsurance at Aon
Veteran broker Simon Chisholm takes on new leadership role to deepen client relationships and drive Aon’s reinsurance strategy across Asia.
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NewsMunich Re Specialty expands into German primary specialty market
Move marks the next stage of the firm’s European growth strategy, introducing construction, property, renewable energy and surety products under new managing director José David Jiménez García (pictured).
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NewsAPCIA: ‘Proactive’ reinsurers fuel innovation as US property softens – Gallagher Re’s Schwebach
US reinsurance broker’s head of North American property says reinsurers are showing creativity as the property market softens, with growing use of multi-year deals
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NewsSouth African business ‘favours reinsurers’ – ASR’s Paradine
South Africa remains favourable for property reinsurers, while softening has been limited for other African business, according to ASR’s head of treaty
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NewsGlobal M&A surges as dealmakers outperform expectations, Willis reports
WTW data show strongest quarterly performance since 2021 as confidence returns to cross-border dealmaking
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NewsRansomware attacks forecast to surge 40% by 2026, QBE warns
Report from cyber insurer QBE and Control Risks links rise in cybercrime to rapid AI adoption and cloud vulnerabilities
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NewsAcrisure Re names Ximenez to lead new Brazil reinsurance arm
Launch of Acrisure Re Brasil marks the reinsurance broking firm’s first reinsurance investment in Latin America
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NewsWillis: Mining insurers compete on double-digit rate cuts as soft market deepens
WTW report highlights rising capacity, widening terms and new scrutiny of ESG and tailings risks
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NewsNudo appointed US casualty reinsurance leader at Aon
Veteran reinsurance executive Nick Nudo takes on new leadership role to drive Aon’s US casualty strategy and product innovation.
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NewsAon appoints Srivastava as reinsurance global chief broking officer
London-based appointee already serves on the reinsurance broker’s Global ReSpecialty executive management committee
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NewsNorthern Re targets Europe as collateralised casualty comes of age – McKelvy
Anthony McKelvy tells GR the Cayman and New York reinsurer is targeting European cedants for structured casualty reinsurance solutions.
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NewsEnvironmental and cyber top reputational risks for transport sector, Willis warns
New survey of senior executives highlights shifting risk priorities for airlines, cruise lines and train operators, with crisis planning improving but financial resilience lagging
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NewsAugment Risk and Cohen form JV for reinsurance-ILS access
Initial focus is on the US, Bermuda and Europe, with further expansion planned.
