UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversity loss and ecosystem degradation are quickly becoming significant issues for financial systems. NATURE-INSURE seeks to enhance supervisory abilities, encourage nature-aware oversight, and raise awareness […]

Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm’s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical guidance to help companies shift supply chains into new or unfamiliar markets. Speaking with Reinsurance News in a recent interview, Porter […]

WTW, an advisory, broking, and solutions firm, has launched a new feature in its analytics deployment solution, Radar, enabling users to accurately adjust to market price movements in real time by incorporating Verisk’s ISO Electronic Rating Content (ISO ERC). In today’s competitive environment, insurers need fast, reliable access to the latest rating information. Time constraints […]

The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group at $14 billion. This landmark transaction sees Stone Point become a significant shareholder in Ardonagh, alongside MDP, HPS, and […]

Global reinsurer Hannover Re has announced the appointment of Kai Aschenbach as General Manager. In his new role, Aschenbach will focus on the consistent implementation of core IT topics and the standardised support and integration of the company’s platforms. He joined Hannover Re in 2022 and most recently served as Head of Business Intelligence & […]

MSIG USA, a provider of specialty insurance solutions, has announced the appointment of David Petrone as Northeast region distribution leader. Petrone will leverage his over three decades of industry experience to drive regional distribution strategy, deepening broker and client relationships, and supporting MSIG USA’s underwriting capabilities with market insights and strategic alignment. The executive is […]

MAPFRE RE, the reinsurance and global risks arm of Madrid-based insurer MAPFRE, has strengthened its senior management with the appointment of Fernando Utrilla Agüero as Deputy Chief Financial Officer (CFO) and José López González as Assistant General Manager of MAPFRE Group Business, effective July 1st, 2025. The pair will report directly to MAPFRE RE’s Chief […]

Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited significantly from the rising […]

Florida Insurance Commissioner Mike Yaworsky has announced the addition of two new insurance companies approved to write residential policies in the state, reflecting continued progress in Florida’s insurance market. Since major legislative reforms were enacted, the market has stabilised and expanded, now including 14 new insurers operating within Florida. The state’s domestic property insurers reported […]

In its mid-year 2025 reinsurance market dynamics report, Aon has highlighted that the increased availability of property catastrophe reinsurance, combined with greater flexibility from reinsurers, makes this an opportune moment for insurers to reevaluate their protection strategies. As regular readers will know, June 1 and July 1 mark major reinsurance renewal dates for the U.S., […]