Global insurance and reinsurance broker Aon has announced the appointment of Luke Reeve-Tucker as head of facultative reinsurance for Latin America, effective May 27, 2025. In this expanded role, he will continue to lead Caribbean facultative reinsurance and will be responsible for overseeing strategy, client engagement, and solution development across both regions. Reeve-Tucker will leverage […]
Peak Claims Group, an independent claims management firm, has announced a strategic partnership with Canopy Weather, a provider of hyper-localised weather analytics, to enhance its Peak Triage platform. Peak Triage is a proprietary claims approach that leverages real-time data to triage claims at first notice of loss. With the integration of Canopy Weather’s advanced data […]
Lockton, a privately held insurance brokerage, has announced the appointment of Jeff Miller as National Practice Leader for the Stop Loss and Pharmacy practices. Miller returns to the firm with more than 30 years of experience and a proven history of developing solutions tailored to meet evolving client needs. His return comes at an important […]
S&P Global Ratings has expressed a positive view on Arundo Re’s strategic growth ambitions, assigning the international reinsurer a financial strength rating of ‘A’ with a stable outlook. The credit rating agency highlighted Arundo Re’s (formerly known as CCR Re) potential for sustained profitability and expansion backed by its majority shareholders. Arundo Re has been […]
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance products, has introduced Miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy. These policies follow the launch of BHSI’s proprietary Directors & Officers Liability Insurance in December 2024. Marco Vantellino, Head of Executive and Professional, BHSI Italy, said, “Launching […]
While the favourable market environment for reinsurance played a significant role in MS Reinsurance’s strong performance in 2024, CEO Robert Wiest has emphasised that what truly sets the firm apart is its unique approach and the way it engages with clients. Speaking in an interview following the release of MS Re’s 2024 results, Wiest told […]
Milliman, Inc., a consulting and actuarial firm, has released its latest Milliman Pension Buyout Index (MPBI), revealing a meaningful reduction in the estimated cost of transferring retiree pension liabilities to insurers. According to Milliman’s April 2025 analysis, the cost of executing a pension risk transfer (PRT) through a competitive bidding process fell from 102.5% to […]
Fenchurch, an independent London property insurance broker, has appointed Kingsley Flynn as its new Chairman. In his new role, Flynn will guide Fenchurch’s US growth strategy, oversee client engagement, and help refine the firm’s client-first approach to placing complicated property risks. This appointment aims to help with Fenchurch’s expansion in North America. Simultaneously, Flynn has joined […]
AmTrust International, a global specialty insurer and reinsurer, continues to see solid growth in its Turkish operations following the establishment of its office in Istanbul last year. Led by General Manager, Erdinc Karayazlik, AmTrust’s team in Türkiye has successfully strengthened the company’s foothold in the specialty market. Karayazlik has over two decades of experience in […]
Property and casualty insurance holding company, Kingstone Companies, Inc., has announced the successful issuance of a $125 million catastrophe bond, 1886 Re Ltd. (Series 2025-1), the first to Rule 144A deal for sponsor Kingstone Insurance Company, and which provides the firm with a four year source of US named storm reinsurance protection. This marks a […]
