News
Descartes expands in Central Europe with senior promotion and Germany hire
Parametric specialist strengthens distribution leadership across Germany and Austria
Hannover Re grows at 1 January amid 3.2% risk adjusted price decline – Jungsthöfel
Credit, surety and political risks delivered double digit growth, and agricultural business expanded in core markets including Brazil and the US
Lockton Re and Armilla warn AI risks sit outside traditional insurance frameworks
“Ready or Not” report published by the reinsurance broker urges clearer risk classification as probabilistic systems challenge coverage triggers
Lymperis and Kyriakides take senior reinsurance roles for Aon in Greece and Cyprus
Greek and Cypriot appointments aim to strengthen treaty and facultative capabilities for regional insurer clients
Zurich and Beazley boards agree in principle £8bn cash offer terms
Beazley’s board says it would be minded to recommend 1,310p bid plus dividend subject to due diligence and final documentation
SCOR posts selective growth at 1 January renewals as competition intensifies
Traditional reinsurance grows 4.7% while alternative solutions surge 80.5% amid disciplined underwriting
IUMI and TAPA warn cargo crime has moved from ‘the asphalt to cyberspace’ as fraud and theft escalate
Industry bodies for marine insurance and cargo urge urgent action as fake carriers and digital deception drive billions in supply chain losses
KCC estimates $6.7bn insured loss from Winter Storm Fern
Modelled losses, primarily driven by winter freeze, span more than 30 states as burst pipes and power outages compound impacts across southern US
Lectio premium scope passes $1.3bn as Price Forbes launches Bermuda facility
Expansion adds Bermuda property line to cross class follow platform first launched in 2021
Phua to lead QBE Re credit reinsurance build out
New York appointment signals expansion into political risk, trade credit and surety treaty lines
Louth takes aviation lead role at Liberty Specialty Markets
Ed Louth’s arrival to LSM from Willis comes as Miles Taffs prepares to retire later this year
Gallagher Re cyber index shows 32% fall at 1/1 in XoL risk-adjusted rates
Oversupply of capacity and improved structural terms drive sharp reduction in pricing for cyber aggregate protection
BirdsEyeView: Lessons learned from nat cat events in 2025
Last year’s natural catastrophe events made one truth unmistakably clear: climate risk models built primarily on historical patterns are no longer reliable guides to future loss, writes James Rendell, CEO and founder of BirdsEyeView
MS Amlin and MSI launch UAE reinsurance partnership for political risk and contract frustration cover
Dubai insurer collaboration with its Japanese parent group supports Middle East growth strategy as demand rises from lenders and credit providers across the region
Renewals saw reinsurers keen to deploy capital, buyers focused on banking savings – Gallagher Re’s Kerton
Three years of strong profitability left reinsurers comfortable with their risks despite softened rates, while cedants prioritised reduced cost over additional protection
Persistent threats, low sophistication: Pool Re maps ‘substantial’ UK terrorism risk landscape
Pool Re’s latest report finds the UK threat level remains “substantial”, with lone actors and simple methodologies dominating risk, even as higher-end capabilities persist at the margins
Lewis to lead specialty MGA HIVE’s marine expansion
Appointment of Nick Lewis marks next phase of MGA’s multi line specialty build out following aviation and space launches
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England, BH1 1BZ - a Gannett company
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