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JUN
30
Flexpoint closes $460m+ SageSure continuation vehicle
By:
Kassandra Jimenez-Sanchez
on
JUN
30
Flexpoint Ford, a specialist private equity investment firm, has closed a single-asset continuation vehicle for SageSure, a managing general underwriter (MGU) specialising in catastrophe-exposed markets, with total commitments of over $460 million, including from the General Partner and rollover investors. Led by Lexington Partners, with participation from Barings and Round2 Investment Partners, this continuation vehicle […] The post Flexpoint closes $460m+ SageSure continuation vehicle appeared first on ReinsuranceNe.ws.
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JUN
30
Cyber risk is having a greater financial and operational impact on businesses: Marsh
By:
Taylor Mixides
on
JUN
30
Marsh, the global insurance broker and risk advisory company, believes that although cyber security investment has increased rapidly in recent years, cyber insurance still represents only a small proportion of overall cyber spending. The company argues that as cyber incidents generate greater operational and financial losses, many organisations continue to retain significant cyber-related financial exposure […] The post Cyber risk is having a greater financial and operational impact on businesses: Marsh appeared first on ReinsuranceNe.ws.
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JUN
30
Lemonade reduces quota share cession to 18%, expands cat protection at July 1 reinsurance renewal
By:
Luke Gallin
on
JUN
30
Lemonade, the digital insurance company powered by AI and social impact, opted to reduce its quota share cession to approximately 18% from 20% at its July 1 reinsurance renewal, meaning the carrier will retain a greater share of its expanding gross profit. Alongside the lower quota share cession for the 2026-2027 reinsurance programme, Lemonade secured […] The post Lemonade reduces quota share cession to 18%, expands cat protection at July 1 reinsurance renewal appeared first on ReinsuranceNe.ws.
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JUN
30
Justin Gress joins HDI Global US as COO
By:
Kassandra Jimenez-Sanchez
on
JUN
30
HDI Global (HDI), a corporate and specialty insurer within the Talanx Group, has appointed Justin Gress as Chief Operating Officer (COO) of its US business. In his new role, Gress has been tasked with managing an extensive operational remit that includes product development, transformation, talent management, and the enhancement of data and technology capabilities. His […] The post Justin Gress joins HDI Global US as COO appeared first on ReinsuranceNe.ws.
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JUN
30
Kin reciprocals secure over $1.9bn of nat cat reinsurance at 25% lower cost
By:
Luke Gallin
on
JUN
30
Kin, the direct-to-consumer home and auto insurance company, confirmed today that its three reciprocal exchanges completed their reinsurance programmes at the June 1 renewal, securing more than $1.9 billion of coverage for natural catastrophe events, with a combined cost reduction of 25% below what was paid at the 2025 renewal per dollar of risk protection. […] The post Kin reciprocals secure over $1.9bn of nat cat reinsurance at 25% lower cost appeared first on ReinsuranceNe.ws.
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JUN
30
Latin America attracting broader and more competitive reinsurance market: Howden Re
By:
Kane Wells
on
JUN
30
Howden Re has suggested that the 1 July 2026 reinsurance renewal in Latin America completed in a market defined by abundant capacity, intensifying competition and a growing appetite for structural innovation, with property catastrophe excess of loss programmes seeing rate reductions in the range of 15% to 20%. At the 1 July 2026 reinsurance renewal […] The post Latin America attracting broader and more competitive reinsurance market: Howden Re appeared first on ReinsuranceNe.ws.
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JUN
30
Pool Re launches TERRA to help policyholders manage terrorism risk across their property portfolios
By:
Kane Wells
on
JUN
30
Britain’s largest terrorism reinsurer, Pool Re, has launched TERRA (Terrorism Risk and Resilience Assessment), designed to help policyholders assess and manage terrorism risk across their property portfolios. According to Pool Re, TERRA provides businesses with tailored insights by combining protective security guidance from the police and the National Protective Security Authority with the firm’s own […] The post Pool Re launches TERRA to help policyholders manage terrorism risk across their property portfolios appeared first on ReinsuranceNe.ws.
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JUN
30
Rate reductions of up to 15% on loss-free business at Australia and New Zealand July 1 renewals: Howden Re
By:
Saumya Jain
on
JUN
30
Reinsurance broker Howden Re, part of broking group Howden, reports that rate reductions of 10% to 15% on loss-free business were broadly achieved at the July 1 reinsurance renewal in Australia and New Zealand (ANZ), as buyers of protection increased their vertical limit purchases. Howden Re’s analysis reveals that some cedents actually secured larger rate […] The post Rate reductions of up to 15% on loss-free business at Australia and New Zealand July 1 renewals: Howden Re appeared first on ReinsuranceNe.ws.
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JUN
30
WTW expands Nick Holmes’ placement leadership role to include CEEMEA
By:
Taylor Mixides
on
JUN
30
WTW, a global advisory, broking and solutions company, has announced that Nick Holmes has taken on an expanded role within the organisation, adding responsibility for Placement across CEEMEA (Central and Eastern Europe, the Middle East, and Africa) to his existing role as Head of Placement for Western Europe. In his role at WTW, Holmes will […] The post WTW expands Nick Holmes’ placement leadership role to include CEEMEA appeared first on ReinsuranceNe.ws.
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JUN
30
Carbon Underwriting secures significant growth equity investment from FTV Capital
By:
Kane Wells
on
JUN
30
Carbon Underwriting Limited, a delegated authority underwriting specialist with its own Lloyd’s syndicate, has signed an agreement for a significant growth equity investment from FTV Capital, a global sector-focused growth equity firm. The transaction was led by Mike Vostrizansky, Richard Earnshaw and Max Weber from FTV. Carbon said that the investment will accelerate growth across […] The post Carbon Underwriting secures significant growth equity investment from FTV Capital appeared first on ReinsuranceNe.ws.
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