Reinsurance
BPL to launch reinsurance division
Credit and political risk broker BPL is set to launch a dedicated reinsurance division, BPL Re, Insurance Post can reveal.
Jason Richards, Swiss Re
As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.
Pool Re pushes SME terror cover with steep discounts
Pool Re has launched an incentive scheme offering insurers large discounts on reinsurance costs if they integrate terrorism cover as standard into SME commercial property policies.
Storm Goretti losses estimated at £417m
Perils has updated its industry loss estimate for Storm Goretti, also known as Elli, increasing its initial prediction from €467m (£407m) to €479m.
AI recruitment bot launching to address insurance hiring woes
George Shirley, a former account executive at Howden, is launching an artificial intelligence-native recruiter to address issues within the (re)insurance market.
How temporary is the ABI’s fire safety facility?
On the second anniversary of the Association of British Insurers’ Fire Safety Reinsurance Scheme, Scott McGee examines how the facility is operating and whether it is likely to be extended beyond the five years originally set for it.
Stanford replaces Thaker as Sompo UK CEO
Aspen UK CEO Sarah Stanford will lead all of Sompo UK’s property and casualty insurance operations, replacing outgoing CEO Bob Thaker.
Q&A: Andy Wright, Resnova
Andy Wright, co-founder of a new consultancy firm, Resnova, speaks to Insurance Post about his time at Tesla and Zego, why he wanted to set up a consultancy firm, and why he thinks the next wave of insurtech funding could be coming from China and the…
M&A brings down reinsurance costs for UK insurers
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.
Throwback Thursday: Howden saves insurers millions
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,…
Top 50 Reinsurers of 2025 revealed
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 observes, highlights how the new accounting standard continues to reshape global…
Guidewire eyes retail broking and reinsurance for ‘next chapter’
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.
CEO voices – A Sollers interview series: Interview with Ken Norgrove, CEO of Intact Insurance
Climate change is the top challenge. Reinsurance, nature-based solutions, and AI in pricing and claims are key. Success lies in blending tech and people. This article explores how digital claims, broker ties, and commercial lines can boost UK market…
Throwback Thursday: Food safety; Swiss Re’s promise
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.
The heart of ceded reinsurance: Why your calculation engine makes all the difference
When the stakes involve millions of pounds in potential recoverables, the sophistication of your reinsurance calculation engine is pivotal. This blog sheds light on the invisible powerhouse that separates robust reinsurance platforms from glorified data…
Q&A: Jonathan Gray, Pool Re
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.
Gallagher Re CEO insists buyers have ‘huge amount of choice’
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.
Reinsurance outlook ranges from ‘stable’ to ‘deteriorating’
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.
Sompo strikes £2.6bn deal to acquire Aspen
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.
Pool Re pushes ahead with discount scheme for SME terrorism cover
Pool Re is seeking regulatory and government approval for a scheme to offer significantly discounted reinsurance rates for SME terrorism cover by April 2026, Post can reveal.
British Insurance Awards 2025 winners revealed
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).