reinsurance broker

2025 is shaping up to be a pivotal year for the insurance-linked securities (ILS) sector, with growing investor appetite for securitized casualty risk, according to executives from reinsurance broker Gallagher Re, with Andrew Newman saying it is a “game changer” for the ILS market.

Recent tort reforms in Florida have signaled a notable shift in the state’s property insurance market, with June’s reinsurance renewals also providing further evidence of the market’s recovery, according to broker Gallagher Re.

Ecclesia Re, the specialist reinsurance broking arm of Ecclesia Group, has brought in additional insurance-linked securities (ILS) expertise in the shape of former Securis executive Mattias Eng, as it accelerates its focus on bringing casualty ILS solutions to European cedants.

As per reinsurance broker Gallagher Re, aggregate property reinsurance protection is making a return to the market, following a period of limited availability.

Buyers and sellers are energised by the opportunity to unlock long-tail casualty risk through insurance-linked securities (ILS), with this momentum driving a broader transformation in the legacy reinsurance market, shifting it from one-off liability transfers toward long-term, strategic partnerships, according to Howden Re.

Global broker Aon and risk modelling, data and analytics specialist Moody’s have said that they see the annual premiums from the casualty catastrophe reinsurance market as a potential $5 billion opportunity, with a named peril focus seen as the best way to foster development of the segment.

As per David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, “if it wasn’t obvious already, we are now firmly in the hard market softening phase of the rating cycle.”

Findings from a new survey released by broker Aon has highlighted a significant gap in catastrophe model utilisation, which can ultimately impact how re/insurers assess risk, structure capital and respond to disaster scenarios.

Aon has announced some senior promotions within its Reinsurance Solutions division, with Andrew Laing to become UK CEO for Reinsurance and Rupert Moore taking on a new role as CEO of Reinsurance for Asia Pacific and Chairman of the Strategy and Technology Group for that region.

Reinsurance broker Guy Carpenter has appointed property catastrophe retrocession and collateralized reinsurance specialist, Matthew Flynn, to the newly created role of Head of Global Clients for its Global Specialties business.