Reinsurance News

Lloyd’s Chair, Sir Charles Roxburgh, issued a statement welcoming the removal of Section 899 from the reconciliation bill by the U.S. Treasury and Congress

Morningstar DBRS has warned that insurers with strong reinsurance protection, conservative investment portfolios, and active enterprise risk management (ERM) frameworks

Marsh has introduced a €1bn insurance facility named Nimbus to support clients involved in large-scale data center construction projects in the UK and Europe

The NAIC Life Actuarial Task Force has endorsed disclosure-only asset adequacy testing guidelines for reinsurance

Start Network, a coalition of over 50 humanitarian organisations, and Aon, a global re/insurance broker, have launched a new reinsurance mechanism

Patrick Tiernan, newly appointed CEO of Lloyd’s, outlined his vision for the marketplace by stating that the organisation must prioritise sustainable profitability

Peak Reinsurance has established Peak Reinsurance North America, a new subsidiary based in Bermuda. The company will focus on casualty reinsurance

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses

With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector

Lloyd’s announced that Rebekah Clement will leave her role as corporate affairs director to take on a new opportunity outside the organization

Hannover Re reported a group net income of €480 mn for Q1 2025, down 13.9%, driven by large losses in its property and casualty reinsurance segment

Munich Re reported a net result of €1.1 bn for the first quarter of 2025, maintaining its full-year profit guidance of €6 bn despite incurring around €1.1 bn in losses

Monument Re Ltd. has transferred a €1.4 bn legacy reinsurance portfolio to RGA Americas Reinsurance, following regulatory and board approvals

The Council of Lloyd’s has appointed Patrick Tiernan as the next chief executive officer, effective June 1, pending regulatory approval

Aon, a global professional services firm, named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions

The Texas Windstorm Insurance Association (TWIA) board approved a $500 mn line of credit at its final meeting before the start of the 2025 hurricane season

Industry groups are opposing House Bill 672 in the Louisiana House of Representatives, which proposes a state-run catastrophe reinsurance fund backed by state-issued bonds

Aegis, a Lloyd’s underwriter, announced it has increased the capacity of its Shield terrorism risk program to $500 mn from $250 mn

Swiss Re announced that Bernhard Kaufmann will succeed Patrick Raaflaub as Group Chief Risk Officer as of 1 October 2025

In 2024, Lloyd’s delivered strong returns to investors, with overall market profits just below the previous year’s record high

Swiss Re’s shareholders approved all motions put forward by the Board of Directors at today’s Annual General Meeting

Pool Re, the UK terrorism reinsurance provider, completed its third catastrophe bond placement—Baltic PCC Limited (Series 2025-1)