Saumya Jain, Reinsurance News Journalist Profile

Articles

Markel partners with Insurate to enter middle-market workers comp. sector

3 weeks ago | reinsurancene.ws | Saumya Jain

Markel Insurance, the insurance arm of Markel Group Inc., has entered into a strategic collaboration with Insurate, an insurtech specialising in the middle-market workers’ compensation sector,Markel explained that, after careful market analysis and due diligence, it identified Insurate as the right market entry partner, recognising its combination of deep industry expertise and a sophisticated high-technology background.
Atrium adds Kate Gordge as Marine Hull and War Underwriter

3 weeks ago | reinsurancene.ws | Saumya Jain

Atrium, a specialty insurer at the Lloyd’s insurance and reinsurance marketplace, has expanded its team with the addition of Kate Gordge as Marine Hull and War Underwriter. Gordge will work closely with Mike MacColl and the wider marine team to deliver underwriting services to brokers and clients in the Lloyd’s market. Most recently, she served at Westfield Specialty Insurance as a Senior Underwriter in the Marine Liability team.
Gallagher Re adds 11 to France BeLux team, names new Chairman and Directeur General

3 weeks ago | reinsurancene.ws | Saumya Jain

Global reinsurance broker Gallagher Re has appointed Emmanuel Dubreuil as Chairman and Nicolas Rincé as Directeur General of France BeLux, as part of numerous new additions to the regional team. The pair will work in partnership with Thierry Myara, President of France, Belgium and Luxembourg, to develop and implement the broker’s regional strategy. Dubreuil will join the reinsurance broker in late June 2025, while Rincé joins next month.
Aon names Rupert Poland as Head of EMEA Digital Asset practice

3 weeks ago | reinsurancene.ws | Saumya Jain

Aon, the global insurance and reinsurance broker, has appointed Rupert Poland as Head of Europe, the Middle East and Asia (EMEA) Digital Asset practicePoland will be based in London and report to Tom Davis, Aon’s Executive Director, EMEA Financial Services Group. In his new role, Poland will work with teams to expand Aon’s Digital Asset practice, developing risk solutions and accelerating the creation of specialist insurance offerings.
Resolution Life closes $1bn block reinsurance transaction in Hong Kong

3 weeks ago | reinsurancene.ws | Saumya Jain

Global life insurance group Resolution Life has closed a $1 billion block reinsurance transaction with a leading life insurer in Hong Kong, its first transaction in the region. This reinsurance transaction covers an in-force portfolio of participating whole life and annuity policies. It also transfers materially all risks associated with the guaranteed benefits of these policies from the cedent to Resolution Life, including market, policyholder behaviour. and mortality risks.
RGA enters into coinsurance transaction with Anshin Life

3 weeks ago | reinsurancene.ws | Saumya Jain

Global life and health reinsurer, Reinsurance Group of America (RGA), has reached an agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), a domestic life insurance subsidiary of Tokio Marine Holdings, to reinsure a block of whole life policies through coinsurance. The new collaboration builds on a successful reinsurance block transaction completed in 2024.
Newline Group names John Driscoll as Deputy CUO

3 weeks ago | reinsurancene.ws | Saumya Jain

Newline Group, a specialty insurance provider, has appointed John Driscoll to the newly created position of Deputy Chief Underwriting Officer. Driscoll will be based in London, working alongside Andy Pecover, the Chief Underwriting Officer of Newline Group. The position aligns with the company’s strategy to drive and lead its underwriting performance globally.
Matthew Sheppard named Deputy CUO of OdysseyRe's London branch

3 weeks ago | reinsurancene.ws | Saumya Jain

Odyssey Reinsurance Company, the property and casualty reinsurance arm of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Matthew Sheppard as Deputy Chief Underwriting Officer (CUO), London branch. Sheppard will work closely with Chief Underwriting Officer Andre-Francois Rocque. In the new role, he will oversee OdysseyRe’s London Market reinsurance business. Sheppard has over two decades of industry experience and insight.
AXIS promotes Peter Smith and Tara Sapru to leaders in Global Cyber & Technology

3 weeks ago | reinsurancene.ws | Saumya Jain

Bermuda-domiciled insurer and reinsurer AXIS Capital Holdings has appointed Peter Smith as the Head of Cyber North America and Tara Sapru as the Head of Technical Underwriting in its Global Cyber & Technology (GCT) team, effective immediately. As the Head of Cyber North America, Smith will lead underwriting strategy and efforts to develop the range of specialty cyber solutions that AXIS delivers in partnership with both retail and wholesale brokers across the region.
Neo Insurance secures funding from Japan's ITOCHU Corporation

3 weeks ago | reinsurancene.ws | Saumya Jain

Neo Insurance Solutions, a provider of advanced, modular digital insurance infrastructure, has secured a strategic equity investment from ITOCHU Corporation, one of Japan’s largest trading and investment companies. ITOCHU is known for its disciplined, long-term approach to building global businesses, bringing expertise in financial services and a strong network across Asia and beyond. The investment was made through Neo Insurance Solutions’ holding company, the terms of which were not disclosed.