Reinsurance News

Having increased the capital base of its Lifson Re collateralized reinsurance sidecar structure and raised the proportional quota share for 2025, W. R. Berkley ceded a significant 82% more in reinsurance and retrocession premiums to the structure in the first-quarter of 2025.

Catastrophe data aggregator PERILS has lowered its estimated insured losses from Cyclone Alfred to AU $2.250 billion, down 12% from the initial loss estimate of AU $2.568 billion issued in April 2025, six weeks after the event.

Hudson Structured Capital Management’s (HSCM) Rachel Bardon has been appointed to the newly-created role of Chief Underwriting Officer (CUO) at Compre, the Bermuda-domiciled international specialty reinsurance group, effective September 1st, 2025.

With property catastrophe reinsurance pricing having now softened from its recent hard market highs, there is an expectation that ceding companies and buyers will look to take the opportunity to secure more protection lower down in the working layers of their reinsurance towers, analysts at Jefferies have stated.

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has announced the appointment of John Kulik as Senior Reinsurance Actuary on its Broker Team.

Property Claim Services (PCS), the unit of Verisk that is a provider of industry loss estimates and loss data to the reinsurance and ILS industry globally, has hired Harry White as its new Head of Commercial Strategy, while also naming Ted Gregory as its new Head of Research and Operations.

European insurers are increasingly revisiting aggregate catastrophe cover to protect against high-frequency events, with alternative capital providers showing greater interest in supporting these structures, according to Hamish Dowlen, Managing Director and Head of EMEA at Gallagher Re.

In its New York lawsuit against China Construction Bank (CCB) over the Vesttoo fraud, Aon’s segregated accounts company White Rock Insurance (SAC) Ltd. has raised the recent emergence of a criminal bribery case in Hong Kong and suggests this means CCB must have relevant communications and documentation that would support its own claims.

Specialty insurer Beazley is enhancing its property parametric underwriting capabilities with the appointment of Swiss Re’s Stefan Wunderlich as Head of Parametric Insurance.

Broking giant Aon aims to, through its strategic plan, scale more risk capital for its clients, bringing more of the capital markets into its offering with an ambition to add more resources to its insurance-linked securities (ILS) business and highlighting $3 billion of parametric limits bound.