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Top ReinsuranceNe.ws News

Canada Life Appoints Watkins as UK CEO
Insurance · Canada

Canada Life Appoints Watkins as UK CEO

Insurance and lifetime mortgage provider, Canada Life, has appointed Emma Watkins as its UK chief executive, effective 1 September and subject to regulatory approval. The post Canada Life appoints Watkins as UK CEO appeared first on Mortgage Solutions.See the Story
Atradius announces changes in Management Board
Amsterdam, Netherlands · Amsterdam

Atradius announces changes in Management Board

With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board AMSTERDAM, July 4, 2025 /PRNewswire/ — With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board. Andreas Tesch, currently Chief Market Officer (CMO), […] The post Atradius announces changes in Management Board fi…See the Story
IDB Expands Disaster Risk Coverage by $2bn, Introduces New Instruments

IDB Expands Disaster Risk Coverage by $2bn, Introduces New Instruments

The Inter-American Development Bank (IDB) has expanded disaster risk coverage by an additional $2 billion and introduced new instruments for both sovereign and private clients. The $2 billion expansion includes $1 billion for its Contingent Credit Facility for Natural Disasters and another $1 billion through Climate Resilience Debt Clauses. Under the Contingent Credit Facility, the IDB is increasing the number of eligible countries and raising t…See the Story

Conflict in the Middle East Creates a Compliance Minefield for Banks

The ongoing turmoil in the Middle East has highlighted the complexities of successful anti-money-laundering compliance in a conflict zone. U.S. banks need to step up their game in order to stay safe.Dubai, United Arab Emirates · DubaiSee the Story

It’s Time to Automate the Ceded Reinsurance Process, Says DXC Technology's James Mahon

In a recent interview with Reinsurance News, James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, highlighted a persistent issue facing the re/insurance industry: the continued reliance on manual processes for managing ceded reinsurance. DXC Technology provides IT services and solutions to insurers around the world, with a focus on helping organisations modernise their core systems and improve operational efficiency. Mahon, who works close…See the Story

The next challenge is to make parametric solutions a mainstream climate finance tool: NDF

The Natural Disaster Fund (NDF), a public-private partnership managed by Global Parametrics, a CelsiusPro Group company, has gathered increased recognition for its innovative approach to provisioning parametric risk transfer coverage in fragile states. By providing parametric risk capacity, the NDF helps support local and international actors in offering risk transfer solutions to climate-vulnerable communities, With the supply side covered and …London, England · LondonRead Article

US insurers tackle casualty challenges through underwriting & claims improvements: Gallagher Re

U.S. property and casualty (P&C) insurers, particularly those exposed to long-tail casualty lines, are continuing to take proactive steps to address profitability challenges by refining underwriting strategies and enhancing claims management practices in an effort to mitigate adverse loss trends and improve future performance, according to reinsurance broker Gallagher Re. Nonetheless, a new report from the firm noted that concerns persist around…United States · United StatesRead Article

Continental Re appoints Grace Wanja as Head of Underwriting, Nairobi

Pan-African reinsurer Continental Reinsurance has announced the appointment of Grace Wanja as Head of Underwriting for its Nairobi subsidiary. Wanja brings nearly 15 years of experience in the re/insurance industry. She joined Continental Re in October 2017 as part of the underwriting team, serving as Executive – Technical Operations. In 2023, she was appointed to lead the company’s Business Development team, demonstrating her leadership capabil…Nairobi · NairobiRead Article

Advanced Analytics Key to Managing Wildfire Risk: Lockton Re & Green Shield

As wildfire risk continues to rise, portfolio managers need advanced analytics that not only identify property-specific risk but also integrate these insights across the insurance value chain to build greater resiliency, according to a recent report by reinsurance broker Lockton Re and Green Shield Risk Solutions, a specialty insurance services MGU and wholesale broker. The report highlights the dramatic surge in wildfire activity across the wes…Climate Change · AlbertaSee the Story

Specialty MGA Africa and Middle East appoints Rabie as Senior Underwriter, Property & Engineering

Specialty MGA Africa and Middle East, the managing general agent providing additional capacity for specialty lines of business, has appointed Mohammed Rabie as Senior Underwriter for Property and Engineering, based in its Casablanca office. In his new role, he will report to the Specialty MGA Africa and the Middle East’s Chief Executive Officer, Youssef Fassi Fihri. Rabie will be providing comprehensive re/insurance solutions for construction an…Casablanca, Morocco · CasablancaRead Article

Reinsurer Returns to Remain Robust with Steady ROE Through 2027: Guy Carpenter

As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for full year 2025 is expected to decline from 2024, although remain above the cost of equity and at a higher level than during the most recent soft market years, suggesting continued profitability and strong returns for reinsurers, according to Guy Carpenter. The reinsurance broker’s mid-year 2025 renewal analysis shows that despite elevated loss activ…Shanghai, China · ShanghaiSee the Story

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