Karen Nordblom to serve as COO, Europe for Howden Re International

Global reinsurance broker Howden Re has appointed Karen Nordblom as European chief operating officer (COO) of Stockholm-based Howden Re International. In her new role, Nordblom will lead the operational direction of the broker’s European platform and branch network. In addition, she will serve as commercial director for Howden Re’s European operations, ensuring strong regulatory and…

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Pen Underwriting adds Glover as Senior Development Underwriter, Northern Ireland

Pen Underwriting, a multi-category, multi-territory managing general agent (MGA), has appointed Darren Glover as senior development underwriter for Northern Ireland. Glover joins Pen’s Commercial Risk Management team, which serves brokers and clients across the UK, extending its network of dedicated underwriting expertise into Northern Ireland. In his new role, Glover will drive the expansion of…

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2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re

Reinsurance brokerage and advisory firm Gallagher Re has released its 2025 full-year natural catastrophe and climate report, which reports that global natural catastrophe losses in 2025 are largely controllable for the reinsurance industry, with total insured losses estimated at $129 billion for the year, about 5% lower than the average recorded between 2015 and 2024….

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Gallagher Re appoints Cimignani as Reinsurance Broker, Contract & Regulatory Specialist

Global reinsurance broker Gallagher Re has announced the appointment of Audrey Cimignani as reinsurance broker/contracts and regulatory specialist in the France-Bilux region. Ciminiani has more than a decade of experience in insurance law and risk management. She has expertise in structured life and non-life insurance products, parametric solutions and reinsurance contracts, and has extensive experience…

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Insured losses from catastrophic events across Canada total $2.4bn in 2025: CatIQ

CatIQ, a Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, announced that insured losses from catastrophe events across Canada in 2025 will total $2.4 billion. According to the Institute for Catastrophe Loss Reduction (ICLR), uninsured losses reached another $1 billion, bringing total losses to society for the year to $3.4 billion. The…

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TD Cowen highlights Moody’s concern over 2027 P&C reinsurance outlook if recent trends continue

Moody’s is concerned about the outlook for property and casualty reinsurance in that year if the recent trend of lower interest rates and progressive softening of terms and conditions continues into 2027, TD Cowen reported after a recent conference call with the ratings agency. On January 16, 2026, TD Cowen hosted a conference call regarding…

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Everest appoints new leader and COO for its Fac & Hybrid Reinsurance business

Bermuda-headquartered Everest Group has strengthened its global wholesale and specialty platform, with Michael Cellura and Trevor Gallagher taking on new roles in its temporary and hybrid reinsurance businesses. Cellura, who joined the reinsurer in 2022, has been appointed head of Everest’s temporary and hybrid reinsurance division. In his new role, Cellura oversees the company’s global…

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