Archives for September 2025

ACORD, a nonprofit organisation that develops standards for the insurance industry, has released a new study titled US Specialty Commercial Insurance Market: The Keys to High Performance, which finds that 65% of Excess & Surplus (E&S) writers and 84% of admitted specialty insurers included in the study achieved superior performance. The report provides a comprehensive […]

Insurance broker Willis, a WTW business, has appointed James Gillespie as its new Head of Data & Analytics for its Global Direct & Facultative Specialty team. In his new role, Gillespie will lead the development of new and innovative products, harnessing insights gained from Willis’ data sources, including the broking platform. He will report to […]

The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $213 million, or $168 million after tax, for the month of August. The losses included 10 events, with approximately 70% attributable to three wind and hail events. By comparison, Allstate estimated higher catastrophe losses for August […]

Phil Hernon, Chief Operating Officer of Carrick Holdings, told Reinsurance News at RVS 2025 that as emerging legacy exposures such as cyber, climate, and social inflation continue to grow, the market is demonstrating its ability to adapt, driven by proactive planning and ongoing education. Discussing all things legacy, Hernon explored a wide range of topics, […]

Global advisory, broking and solutions company, WTW has announced the appointment of Piero Falcucci as Director to its Insurance Consulting and Technology (ICT) business. In his new role, Falcucci will focus on client development and delivery, leveraging his considerable expertise in capital razing and optimisation, reinsurance structuring, M&A, and pricing within the global ultra-high net […]

The global insurance and reinsurance markets are “all in this together” and as discipline and innovation drive relevance in an increasingly uncertain world, it’s vital that the industry has sustainable margins and responsible structures, and doesn’t forget past mistakes. This is according to Jill Beggs, Executive Vice President, and CEO of Reinsurance, Everest, who spoke […]

Following the Monte Carlo Rendez-Vous, Berenberg, the German investment bank and equity research firm, emphasises that reinsurance brokers are pushing for an orderly transfer of margins from reinsurers to cedants. In its post-Monte Carlo report, Berenberg stresses that brokers are actively encouraging an orderly transfer of margins from reinsurers to cedants. With the top four […]

Reinsurers could find themselves net beneficiaries of a benign Atlantic hurricane season, with potential profits more than offsetting the effects of a softening market, analysts at J.P. Morgan noted in a recent report. The analysts stated that while recent feedback from Monte Carlo has suggested that a light season would add pressure to pricing in […]

Third Point Investors Limited (TPIL) has completed the previously announced acquisition of 100% of the equity interests in Malibu Life Reinsurance SPC, a Cayman Islands-based life and annuity reinsurance platform, from Malibu Life Holdings LLC. Malibu Life Reinsurance SPC (Malibu Life Re) was launched by Third Point in May 2024. The intention for this acquisition […]

Guy Carpenter, a reinsurance and risk advisory firm, reports in its Global Specialties Market Update on the current dynamics shaping the Credit, Bond & Political Risk (CBPR) market. According to Guy Carpenter, the global insurance environment remains volatile, influenced by ongoing geopolitical tensions and economic uncertainty that have persisted over the past five to six […]