The legacy market still plays a strategic role: Roundtable
While traditional markets are increasingly viewed as a strategic tool rather than just a passive solution, and increasingly mature and sophisticated areas are emerging, participants in the Latest Reinsurance News Traditional Markets Roundtable, held in partnership with Swiss Re, stressed that the industry still has a predominantly passive nature. The Reinsurance News Heritage Market Roundtable,…
MSIG Europe appoints new leaders to drive growth in France and Italy
MSIG Europe, the European insurance platform of MSIG Insurance Europe AG and part of the global MS&AD Insurance Group, has announced changes to its senior leadership team in France and Italy. The appointments are part of the firm’s wider strategy to strengthen local expertise, deepen relationships with clients and brokers and support continued growth in…
WTW names Coomey as Senior Director and Head of Exposure Management for ICT
Global insurance and reinsurance broker WTW has appointed Lisa Coomey as senior director and head of risk management for its insurance advisory and technology business. In her new role, Coomey will support insurers in strengthening their risk management capabilities and applying catastrophe risk insights to strategic decision-making, portfolio management, business transformation and emerging risk challenges….
July European SCS outbreak to potentially cause losses over a billion euros: Aon
A widespread severe convective storm (SCS) across Europe between July 10 and 17, 2026 could cause significant economic and insurance losses, with total financial losses expected to be at least hundreds of millions of euros, and as damage assessments continue, the sequence has the potential to become a multi-billion euro industry event, according to a…
Rokstone to launch specialist Autotransporter solution backed by Lloyd’s capacity
International specialist re/insurance managing general agent (MGA) Rokstone has secured a $1 million new capacity deal backed by Lloyd’s to launch specialist Autotransporter solutions as part of its plans to become a premier inland sea MGA. The transaction enables Rokstone to fill a critical gap in the market and expand the scale of its product…
Clear Group’s revenue climbs 44% to £134m in 2025
Clear Group has announced financial results for the year ended October 31, 2025, delivering strong financial and operating results driven by the continued execution of its long-term growth strategy. Notably, Clear’s revenue increased 44% year-on-year, from £93 million to £134 million. In fiscal 2025, adjusted EBITDA increased by 67% from £27.7 million to £46.2 million,…
Chubb Tempest Re names Wixtead as Executive Chairman and O’Donnell as President
Global property and casualty insurer Chubb has appointed James Wixtead as executive chairman of its global reinsurance business, Chubb Tempest Re, and Michael O’Donnell as senior vice president of Chubb Group and president of Chubb Tempest Re, succeeding Wixtead. Chubb Tempest Re offers a broad range of traditional and specialty reinsurance products to a diverse…
RMA, Inc. appoints MacKenzie as President, Myles to retire
RMA, Inc., a member company of North American large project management operating company Starwind Specialty, has appointed Rob MacKenzie as President, effective July 6, 2026. In her new role, McKenzie succeeds Claire Myles, who, after a distinguished career spanning three decades, has transitioned into an advisory role to support a seamless transition of leadership. Under…
AM Best affirms Vantage’s credit ratings post recent leadership changes
Credit Ratings AM Best affirmed that the credit ratings of Vantage Risk Ltd. (Bermuda) and its subsidiaries remain unchanged following the appointment of former Arch Capital Group leaders Marc Grandisson and David Gansberg as executive chairman and chief executive officer (CEO), respectively, of Vantage Group Holdings. This confirmation applies to Vantage Risk Specialty Insurance Company…
LM Re appoints Tom Spurgeon as Global Head of Cyber Reinsurance
Liberty Mutual Reinsurance Group (LM Re), a division of Liberty Mutual Insurance Group, announced the appointment of Tom Spurgeon as global head of cyber reinsurance. Spurgeon succeeds Ivonne Staisch, who left the company after seven years of service to pursue new opportunities. Based in London, Spurgeon will report to Susan Barber, head of financial risk…
