https://www.postonline.co.uk/feeds/rss/category/reinsurance en The 1 January reinsurance renewals saw widespread price reductions as supply exceeded demand, including in the UK where recent M&A activity meant less reinsurance was purchased. https://www.postonline.co.uk/reinsurance/7959638/ma-brings-down-reinsurance-costs-for-uk-insurers https://www.postonline.co.uk/reinsurance/7959638/ma-brings-down-reinsurance-costs-for-uk-insurers Mon, 05 Jan 2026 12:04:33 +0000 Harry Curtis Insurance Post’s Throwback Thursday steps back in time to November 1975 to remind you what was going on this week in insurance history when Alexander Howden, the brokerage created by CEO of Howden Group’s David Howden’s great-great-great grandfather, boasted how much he was saving insurers. https://www.postonline.co.uk/broker/7956778/throwback-thursday-howden-saves-insurers-millions https://www.postonline.co.uk/broker/7956778/throwback-thursday-howden-saves-insurers-millions Thu, 27 Nov 2025 06:00:00 +0000 Insurance Post Staff Swiss Re’s adoption of IFRS 17 has propelled it to pole position on this year's Top 50 Reinsurers ranking, which Christopher Pennings, financial analyst at AM Best, says is evidence of how the new accounting standard continues to reshape global reinsurance standings. https://www.postonline.co.uk/reinsurance/7959199/top-50-reinsurers-of-2025-revealed https://www.postonline.co.uk/reinsurance/7959199/top-50-reinsurers-of-2025-revealed Wed, 19 Nov 2025 06:00:00 +0000 Chris Pennings Guidewire is experimenting with building solutions to connect its customer base of primary insurers with reinsurers and retail brokers, the company’s group vice president Charles Clarke has told Post. https://www.postonline.co.uk/technology/7959301/guidewire-eyes-retail-broking-and-reinsurance-for-next-chapter https://www.postonline.co.uk/technology/7959301/guidewire-eyes-retail-broking-and-reinsurance-for-next-chapter Mon, 03 Nov 2025 11:00:00 +0000 Harry Curtis Insurance Post’s Throwback Thursday steps back in time to October 1990 to remind you what was going on this week in insurance history when hopes were high the Food Safety Act 1990 would reduce contamination claims. https://www.postonline.co.uk/claims/7956771/throwback-thursday-food-safety-swiss-re%E2%80%99s-promise https://www.postonline.co.uk/claims/7956771/throwback-thursday-food-safety-swiss-re%E2%80%99s-promise Thu, 09 Oct 2025 06:00:00 +0100 Insurance Post Staff Jonathan Gray, chief underwriting officer at Pool Re, discusses the impact of recent changes at the state-backed terrorism reinsurer and how its helping businesses manage risk. https://www.postonline.co.uk/commercial/7958314/qa-jonathan-gray-pool-re https://www.postonline.co.uk/commercial/7958314/qa-jonathan-gray-pool-re Thu, 18 Sep 2025 06:00:00 +0100 Harry Curtis Gallagher Re CEO Tom Wakefield has said the turning market means that numerous facets of reinsurance programmes will be up for discussion ahead of the Rendez-Vous de Septembre in Monte Carlo. https://www.postonline.co.uk/reinsurance/7958947/gallagher-re-ceo-insists-buyers-have-%E2%80%98huge-amount-of-choice%E2%80%99 https://www.postonline.co.uk/reinsurance/7958947/gallagher-re-ceo-insists-buyers-have-%E2%80%98huge-amount-of-choice%E2%80%99 Thu, 04 Sep 2025 10:00:00 +0100 Harry Curtis Rating agencies have shared their outlook for the global reinsurance sector, with both Fitch Ratings and Moody’s Ratings revising down their outlooks for 2026, while S&P Global Ratings has maintained its ‘stable’ outlook. https://www.postonline.co.uk/reinsurance/7958944/reinsurance-outlook-ranges-from-%E2%80%98stable%E2%80%99-to-%E2%80%98deteriorating%E2%80%99 https://www.postonline.co.uk/reinsurance/7958944/reinsurance-outlook-ranges-from-%E2%80%98stable%E2%80%99-to-%E2%80%98deteriorating%E2%80%99 Wed, 03 Sep 2025 11:34:34 +0100 Harry Curtis Damisola Sulaiman Sompo has agreed to acquire Aspen in a deal worth approximately $3.5bn (£2.6bn), with the transaction expected to close in the first half of 2026, subject to regulatory approvals. https://www.postonline.co.uk/commercial/7958922/sompo-strikes-%C2%A326bn-deal-to-acquire-aspen https://www.postonline.co.uk/commercial/7958922/sompo-strikes-%C2%A326bn-deal-to-acquire-aspen Wed, 27 Aug 2025 14:16:39 +0100 Harry Curtis Pool Re is seeking regulatory and government approval for a scheme to offer significantly discounted reinsurance rates for SME terrorism cover by April 2026, Insurance Post can reveal. https://www.postonline.co.uk/commercial/7958285/pool-re-pushes-ahead-with-discount-scheme-for-sme-terrorism-cover https://www.postonline.co.uk/commercial/7958285/pool-re-pushes-ahead-with-discount-scheme-for-sme-terrorism-cover Mon, 04 Aug 2025 10:15:39 +0100 Harry Curtis Aviva was crowned General Insurer of the Year and Airmic CEO Julia Graham, pictured, took home the Achievement Award at the 2025 British Insurance Awards last night (9 July). https://www.postonline.co.uk/broker/7958092/british-insurance-awards-2025-winners-revealed https://www.postonline.co.uk/broker/7958092/british-insurance-awards-2025-winners-revealed Thu, 10 Jul 2025 00:35:00 +0100 Insurance Post Staff The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData. https://www.postonline.co.uk/commercial/7957943/air-india-crash-claim-could-reach-around-%C2%A3150m https://www.postonline.co.uk/commercial/7957943/air-india-crash-claim-could-reach-around-%C2%A3150m Mon, 16 Jun 2025 10:56:51 +0100 Emma Ann Hughes Legacy insurers and reinsurers are confident they step up the frequency with which they transact with insurers in the ‘live’ general insurance market in the years to come. https://www.postonline.co.uk/reinsurance/7957816/could-ma-motor-and-regulation-drive-the-uk-legacy-market-to-new-heights https://www.postonline.co.uk/reinsurance/7957816/could-ma-motor-and-regulation-drive-the-uk-legacy-market-to-new-heights Fri, 23 May 2025 11:44:08 +0100 Harry Curtis Jason Richards, Swiss Re CEO for UK and Ireland sits down with Scott McGee to talk through company priorities, the UK property insurance market, and what he thinks must be the top priorities for the next CEO of Lloyd's. https://www.postonline.co.uk/reinsurance/7957541/big-interview-jason-richards-swiss-re https://www.postonline.co.uk/reinsurance/7957541/big-interview-jason-richards-swiss-re Tue, 20 May 2025 06:53:04 +0100 Scott McGee Making multi-billion-pound takeover bids for rivals and challenging political posturing is what it took to secure the top spots on Insurance Post’s 2025 Power List. https://www.postonline.co.uk/news/7957365/insurance-industrys-most-powerful-players-revealed https://www.postonline.co.uk/news/7957365/insurance-industrys-most-powerful-players-revealed Tue, 13 May 2025 06:46:25 +0100 Emma Ann Hughes The movers and shakers in the insurance industry who had it into the top 10 of this year’s Power List are revealed in the latest Insurance Post Podcast. https://www.postonline.co.uk/people/7957714/insurance-posts-power-list-top-10-podcast-2025 https://www.postonline.co.uk/people/7957714/insurance-posts-power-list-top-10-podcast-2025 Tue, 13 May 2025 06:43:45 +0100 Emma Ann Hughes Paul Morden is CEO of Munich Re’s life reinsurance strategy in the UK and Ireland. https://www.postonline.co.uk/reinsurance/7957339/paul-morden-munich-re https://www.postonline.co.uk/reinsurance/7957339/paul-morden-munich-re Tue, 13 May 2025 06:00:00 +0100 Emma Ann Hughes Jason Richards is responsible for managing Swiss Re’s property and casualty reinsurance business in the UK and Ireland. https://www.postonline.co.uk/reinsurance/7957328/jason-richards-swiss-re https://www.postonline.co.uk/reinsurance/7957328/jason-richards-swiss-re Tue, 13 May 2025 06:00:00 +0100 Emma Ann Hughes Pool Re’s recent switch to a treaty model for its terrorism property reinsurance scheme would not have been possible without a new platform built by Optalitix, the tech vendor’s head of insurance platforms has told Post. https://www.postonline.co.uk/technology/7957704/optalitix-reveals-how-tech-underpinned-pool-res-evolution https://www.postonline.co.uk/technology/7957704/optalitix-reveals-how-tech-underpinned-pool-res-evolution Thu, 08 May 2025 10:47:11 +0100 Harry Curtis Roles that are critical to core insurance operations are still heavily concentrated in London, plus providers are struggling to fill their IT and data roles, data analysis produced by Michael Stefan, partner at executive recruitment firm Hanover, has revealed. https://www.postonline.co.uk/broker/7957276/insurers-struggle-to-fill-it-and-data-job-vacancies-laid-bare https://www.postonline.co.uk/broker/7957276/insurers-struggle-to-fill-it-and-data-job-vacancies-laid-bare Mon, 14 Apr 2025 06:00:00 +0100 Michael Stefan Trade Voice: Typhaine Beaupérin, CEO of the Federation of European Risk Management Associations, appraises recent proposals for a continent-wide scheme to boost the provision of natural catastrophe cover. https://www.postonline.co.uk/risk-management/7957528/closing-europes-natural-catastrophe-protection-gap https://www.postonline.co.uk/risk-management/7957528/closing-europes-natural-catastrophe-protection-gap Tue, 08 Apr 2025 06:00:00 +0100 Insurance Post Staff One year on from the launch of the Fire Safety Reinsurance Facility, Scott McGee examines if it has improved access to cover and if efforts to remove cladding are enough to reduce the price of buildings insurance on a long-term basis. https://www.postonline.co.uk/commercial/7957441/what-the-future-holds-for-multi-storey-property-insurance https://www.postonline.co.uk/commercial/7957441/what-the-future-holds-for-multi-storey-property-insurance Wed, 02 Apr 2025 06:00:00 +0100 Scott McGee One year on from the launch of its Fire Safety Reinsurance Facility, the Association of British Insurers has provided an update on its impact. https://www.postonline.co.uk/news/7957389/abi-fire-safety-reinsurance-facilitys-impact-revealed https://www.postonline.co.uk/news/7957389/abi-fire-safety-reinsurance-facilitys-impact-revealed Thu, 20 Mar 2025 11:45:00 +0000 Scott McGee Pool Re has completed the placement of a new retrocession programme, shifting more of the financial risk arising from acts of terrorism away from taxpayers and back to the private market. https://www.postonline.co.uk/commercial/7957212/pool-re-reduces-taxpayers-exposure-to-uk-terrorism-risk https://www.postonline.co.uk/commercial/7957212/pool-re-reduces-taxpayers-exposure-to-uk-terrorism-risk Mon, 03 Mar 2025 10:32:58 +0000 Harry Curtis A $90m (£71.2m) reinsurance dispute involving several Lloyd’s syndicates over losses incurred by Covid-enforced event cancellations in the US and UK during 2020 and 2021 has been settled. https://www.postonline.co.uk/lloydslondon/7957166/settlement-reached-in-covid-event-cancellation-dispute https://www.postonline.co.uk/lloydslondon/7957166/settlement-reached-in-covid-event-cancellation-dispute Tue, 25 Feb 2025 11:46:00 +0000 Harry Curtis Jason Richards, CEO of property and casualty reinsurance for the UK & Ireland at Swiss Re, counts the cost of the chaos caused by Storm Éowyn and argues the insurance industry and the UK government needs to work together to improve current properties and building regulations. https://www.postonline.co.uk/risk-management/7957101/swiss-res-ceo-on-lessons-learned-from-storm-eowyn https://www.postonline.co.uk/risk-management/7957101/swiss-res-ceo-on-lessons-learned-from-storm-eowyn Fri, 21 Feb 2025 06:00:00 +0000 Insurance Post Staff Steve Tooze, spokesperson for climate pressure group Extinction Rebellion, tells Damisola Sulaiman about the group’s motivations for targeting the insurance industry, responds to questions from the companies his organisation has targeted and shares plans for direct action in 2025. https://www.postonline.co.uk/regulation/7957091/big-interview-steve-tooze-extinction-rebellion https://www.postonline.co.uk/regulation/7957091/big-interview-steve-tooze-extinction-rebellion Tue, 18 Feb 2025 06:00:00 +0000 Damisola Sulaiman Insurance Post’s Throwback Thursday steps back in time to January 1985 to remind you what was going on this week in insurance history when the pound was causing problems for Lloyd’s and the cost of the First Gulf War was being calculated. https://www.postonline.co.uk/commercial/7956644/throwback-thursday-lloyds-capacity-problem-gulf-war-cost https://www.postonline.co.uk/commercial/7956644/throwback-thursday-lloyds-capacity-problem-gulf-war-cost Thu, 16 Jan 2025 06:00:00 +0000 Insurance Post Staff (Re)insurer Aspen has revealed plans to list shares on the New York Stock Exchange. https://www.postonline.co.uk/news/7956847/aspen-to-go-public-in-new-york-again https://www.postonline.co.uk/news/7956847/aspen-to-go-public-in-new-york-again Mon, 06 Jan 2025 10:17:50 +0000 Scott McGee Ample reinsurance capacity meant UK insurers buying reinsurance cover during the busy 1 January renewal period enjoyed price reductions in some cases, according to a Gallagher Re report. https://www.postonline.co.uk/reinsurance/7956843/price-of-motor-and-flood-reinsurance-falls-for-uk-insurers https://www.postonline.co.uk/reinsurance/7956843/price-of-motor-and-flood-reinsurance-falls-for-uk-insurers Fri, 03 Jan 2025 09:45:57 +0000 Harry Curtis Ukrainian insurers are looking to expand war risks cover for businesses following the announcement of a new €110m (£91m) reinsurance facility last week, put together by Aon and the European Bank for Reconstruction and Development. https://www.postonline.co.uk/news/7956798/ukraine-war-risks-market-set-to-expand-after-reinsurance-deal https://www.postonline.co.uk/news/7956798/ukraine-war-risks-market-set-to-expand-after-reinsurance-deal Tue, 24 Dec 2024 10:00:00 +0000 David Worsfold Aon and the European Bank for Reconstruction and Development have launched a facility to aid Ukraine’s recovery and reconstruction by boosting reinsurance capacity. https://www.postonline.co.uk/reinsurance/7956752/aon-teams-up-with-european-bank-for-ukrainian-war-risk-facility https://www.postonline.co.uk/reinsurance/7956752/aon-teams-up-with-european-bank-for-ukrainian-war-risk-facility Thu, 12 Dec 2024 11:08:54 +0000 Harry Curtis Policy Expert has announced Bridgehaven will provide capacity for the business alongside Accredited, allowing the personal lines insurer to finally launch pet cover. https://www.postonline.co.uk/news/7956639/policy-expert-gets-capacity-for-pet-push https://www.postonline.co.uk/news/7956639/policy-expert-gets-capacity-for-pet-push Thu, 28 Nov 2024 10:10:57 +0000 Emma Ann Hughes Munich Re and Swiss Re remain at the top of Insurance Post’s Top 50 Reinsurers 2024 list, despite Christopher Pennings, financial analyst at AM Best, observing the rankings have been shaken up by a shift in accounting requirements. https://www.postonline.co.uk/reinsurance/7956344/top-50-reinsurers-of-2024-revealed https://www.postonline.co.uk/reinsurance/7956344/top-50-reinsurers-of-2024-revealed Wed, 20 Nov 2024 06:00:00 +0000 Chris Pennings The insurance industry is likely to suffer losses of tens of billions of dollars from damage inflicted by Hurricane Milton last week, according to early estimates. https://www.postonline.co.uk/reinsurance/7956383/hurricane-milton-insured-losses-to-run-into-the-tens-of-billions https://www.postonline.co.uk/reinsurance/7956383/hurricane-milton-insured-losses-to-run-into-the-tens-of-billions Tue, 15 Oct 2024 09:38:08 +0100 Harry Curtis Reinsurers have been urged by Aon to “lean into risk” to protect the relevance of the broader insurance industry. https://www.postonline.co.uk/reinsurance/7956175/reinsurers-told-they-cannot-run-from-risk https://www.postonline.co.uk/reinsurance/7956175/reinsurers-told-they-cannot-run-from-risk Thu, 12 Sep 2024 11:24:37 +0100 Harry Curtis The world’s two largest insurance brokers have urged for the removal of blanket Ukraine exclusions in order to aid the country’s reconstruction efforts. https://www.postonline.co.uk/reinsurance/7956162/marsh-and-aon-call-for-lifting-of-ukraine-exclusions https://www.postonline.co.uk/reinsurance/7956162/marsh-and-aon-call-for-lifting-of-ukraine-exclusions Mon, 09 Sep 2024 11:49:19 +0100 Harry Curtis Cut-through clauses are a complex concept with many potential pitfalls with which those in the reinsurance industry may regularly need to engage, according to Emmanuèle Lutfalla and Nour Jonot, partner and associate respectively at the Paris office of Signature Litigation. https://www.postonline.co.uk/reinsurance/7955700/cut-through-clauses-a-two-speed-double-edged-tool https://www.postonline.co.uk/reinsurance/7955700/cut-through-clauses-a-two-speed-double-edged-tool Wed, 17 Jul 2024 06:00:00 +0100 Insurance Post Staff Unveiled at the RHS Chelsea Flower Show, the Flood Resilient Garden aims to demonstrate that homeowners don’t have to compromise on their gardens regarding flood resilience. https://www.postonline.co.uk/reinsurance/7955612/flood-re-hopes-flood-resilience-garden-will-improve-awareness https://www.postonline.co.uk/reinsurance/7955612/flood-re-hopes-flood-resilience-garden-will-improve-awareness Tue, 21 May 2024 10:33:55 +0100 Tom Luckham As climate change intensifies weather-driven natural catastrophes, Moses Ojeisekhoba, CEO of Swiss Re Global Clients and Solutions, argues sophisticated, data-driven risk insights are needed by society to both mitigate as well as adapt to evolving perils before our options narrow. https://www.postonline.co.uk/reinsurance/7955465/why-insurers-armed-with-risk-insights-dont-need-to-retreat https://www.postonline.co.uk/reinsurance/7955465/why-insurers-armed-with-risk-insights-dont-need-to-retreat Wed, 01 May 2024 06:00:00 +0100 Insurance Post Staff Price adequacy may be under pressure in the cyber insurance market and there are “seismic shifts in buying behaviour” in the reinsurance market, according to experts gathered at Zywave’s Cyber Risk conference. https://www.postonline.co.uk/reinsurance/7955458/three-takeaways-from-zywaves-cyber-risk-conference https://www.postonline.co.uk/reinsurance/7955458/three-takeaways-from-zywaves-cyber-risk-conference Wed, 24 Apr 2024 09:31:35 +0100 Harry Curtis Pool Re members and the Treasury have backed proposals for the government-backed terrorism reinsurer to adopt a treaty model from next spring. https://www.postonline.co.uk/commercial/7955338/pool-re-to-adopt-more-flexible-treaty-model-in-2025 https://www.postonline.co.uk/commercial/7955338/pool-re-to-adopt-more-flexible-treaty-model-in-2025 Tue, 26 Mar 2024 12:00:31 +0000 Harry Curtis Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover. https://www.postonline.co.uk/personal/7955245/abi-insists-fire-safety-scheme-is-temporary https://www.postonline.co.uk/personal/7955245/abi-insists-fire-safety-scheme-is-temporary Thu, 14 Mar 2024 10:12:54 +0000 Emma Ann Hughes 18 year-old Ollie Bearman, the son of Aventum CEO and founder David Bearman, made his Formula One debut this weekend, finishing an impressive 7th after filling in for Ferrari teammate Carlos Sainz. https://www.postonline.co.uk/people/7955229/aventum-founder-extremely-proud-as-son-impresses-on-formula-one-debut https://www.postonline.co.uk/people/7955229/aventum-founder-extremely-proud-as-son-impresses-on-formula-one-debut Mon, 11 Mar 2024 11:34:55 +0000 Tom Luckham Ahead of International Women’s Day (8 March), Xamira Groves, head of insurance at Chaucer, explains why practical steps towards better representation of women in insurance are within reach. https://www.postonline.co.uk/claims/7955038/chaucers-groves-on-why-gender-equality-in-insurance-is-still-a-way-off https://www.postonline.co.uk/claims/7955038/chaucers-groves-on-why-gender-equality-in-insurance-is-still-a-way-off Tue, 05 Mar 2024 06:00:00 +0000 Insurance Post Staff Covéa and Markel have won a court battle to secure reinsurance cover for Covid-19 business interruption losses. https://www.postonline.co.uk/reinsurance/7955118/covea-and-markel-win-covid-bi-reinsurance-disputes https://www.postonline.co.uk/reinsurance/7955118/covea-and-markel-win-covid-bi-reinsurance-disputes Tue, 20 Feb 2024 11:42:15 +0000 Harry Curtis At an event for the National Flood Forum and the All-Party Parliamentary Group for flood prevention, Flood Re CEO Andy Bord urged insurers to “go even further” with flood resilience. https://www.postonline.co.uk/reinsurance/7954932/flood-re-ceo-challenges-insurers-to-go-even-further-on-flood-resilience https://www.postonline.co.uk/reinsurance/7954932/flood-re-ceo-challenges-insurers-to-go-even-further-on-flood-resilience Fri, 19 Jan 2024 09:00:00 +0000 Tom Luckham Richard Milner is leaving Aspen to head Chaucer Group, with Sarah Stanford announced as his interim replacement. https://www.postonline.co.uk/reinsurance/7954923/chaucer-names-aspens-milner-as-new-ceo https://www.postonline.co.uk/reinsurance/7954923/chaucer-names-aspens-milner-as-new-ceo Wed, 17 Jan 2024 12:36:18 +0000 Tom Luckham Issuance of cyber catastrophe bonds took off in Q4 of 2023, with four carriers securing more than $400m of coverage – more than five times what the capital markets had provided prior to the quarter. https://www.postonline.co.uk/reinsurance/7954865/growing-cyber-insurers-look-to-ils-market-for-catastrophe-loss-protection https://www.postonline.co.uk/reinsurance/7954865/growing-cyber-insurers-look-to-ils-market-for-catastrophe-loss-protection Tue, 09 Jan 2024 11:01:10 +0000 Harry Curtis Editor’s View: Emma Ann Hughes reflects on how this year’s reinsurance renewals suggest the trying times of 2023 should result in a happier 2024 for insurers. https://www.postonline.co.uk/reinsurance/7954844/reinsurance-renewals-hint-at-happier-2024-for-insurers https://www.postonline.co.uk/reinsurance/7954844/reinsurance-renewals-hint-at-happier-2024-for-insurers Fri, 05 Jan 2024 06:00:00 +0000 Emma Ann Hughes