Luke Gallin

5 days ago | reinsurancene.ws | Luke Gallin

Andy Marcell, currently Chief Executive Officer (CEO) of Risk Capital at global insurance and reinsurance broking group Aon, where he successfully combined the firm’s Commercial Risk and Reinsurance solutions, will serve as the company’s CEO of Global Solutions. In his new role, Marcell heads Aon’s integrated Risk Capital and Human Capital capabilities across the broker’s Reinsurance, Commercial Risk, Health, Wealth, and Talent teams.

5 days ago | reinsurancene.ws | Luke Gallin

The Geneva Association, a global association of re/insurance companies with CEOs of carriers from the around the world as its members, has added Andreas Berger, Chief Executive Officer (CEO) of reinsurer Swiss Re and Andrew F. Sullivan, CEO of Prudential Financial, to its Board of Directors. Berger and Sullivan were elected to the Board at the Geneva Association’s 2025 Statutory Assembly, held during its 52nd annual General Assembly on May 29th – 30th, 2025, in New York City.

1 week ago | reinsurancene.ws | Luke Gallin

Brazilian reinsurer IRB(Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE), has issued the first insurance-linked securities (ILS) transaction in the country, a R$33.7 million transaction (USD 5.9m) covering risks related to the reinsurer’s surety bond portfolio.

1 week ago | reinsurancene.ws | Luke Gallin

Florida headquartered property insurer American Integrity Insurance Group has completed the placement of its 2025-2026 catastrophe excess-of-loss reinsurance program, lifting the amount of limit secured by 45%, or $799 million year on year to $2.59 billion.

1 week ago | reinsurancene.ws | Luke Gallin

Hong Kong-based reinsurer Peak Re has launched and had rated a new North American underwriting entity, Peak Re North America Ltd., domiciled in Bermuda, demonstrating the company’s commitment to growing its footprint in key markets around the world. Peak Re NA is licensed as a Class 3B insurer, and marks an important step in expanding the reinsurer’s global presence and efforts to provide tailored reinsurance solutions to the North American market.