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MS Amlin, a global specialty commercial insurance and reinsurance provider and part of MS&AD, has appointed Sarah Reidy to the newly created role of Commercial Director. In her new role, Reidy reports to Martin Burke, Chief Underwriting Officer, and will serve as a critical link between MS Amlin’s underwriting teams and the senior leadership of…
Howden Re, the reinsurance, capital markets and strategic advisory business of Howden Group, and Synthetik Insurance Technologies, a leader in modelling political violence and terrorism perils, have launched UNREST, an analytics tool to better manage strikes, riots and civil commotion (SRCC) risk, through an exclusive partnership. Built on the heels of Synthetik’s srccQuantum, UNREST is…
EQT and McGill and Partners have revealed that EQT X (EQT) has entered into a definitive agreement to acquire a majority stake in McGill and Partners from Warburg Pincus for $2 billion. McGill and Partners was founded in May 2019 by Steve McGill alongside a core senior team that included John Lloyd, Stephen Cross and…
QBE Insurance Group, an Australia-headquartered international general insurance and reinsurance company, has announced the completion of the sale of its Global Trade Credit and Surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group. The transaction, originally announced in February 2026, transfers the unit’s operations across Australia, New Zealand,…
Africa Specialty Risks (ASR) is maintaining its risk appetite and underwriting discipline ahead of the 1 January 2027 renewals, while seeing opportunities to meet demand for specialist capacity and products across developing markets, according to Chief Underwriting Officer (CUO) Eric Malterre. In an interview with Reinsurance News around the annual meeting of the reinsurance industry…
From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…
With six UK number ones to her name, an estimated 200 million records sold and a record-breaking 35 Grammys in her trophy cabinet, no one can deny that Beyoncé’s impact throughout her career has been absolutely immense. But it’s not just record sales and accolades that prove how impactful an artist the Queen Bey really…
From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…
Ahead of the 68th edition of the Monte Carlo Rendez-Vous (RVS), Mat Storr, Head of Reinsurance at Antares Global, has said that the upcoming renewals are likely to be more disciplined than in past soft markets. Storr expects an orderly renewal rather than a dramatic shift in pricing, and anticipates that buyers with well-performing portfolios,…
Compre, an international speciality reinsurance group based in Bermuda, has renewed its Renewable Loss Portfolio Transfer agreement with French insurer Wakam. Initially completed in 2025, the original deal covered approximately €140 million of reserves as at 31 December 2024, focusing mainly on UK and French motor and property insurance liabilities for 2024 and prior. The…