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1 week ago | 
reinsurancene.ws | Taylor Mixides
Speaking during Marsh McLennan’s Q1 2025 earnings call this afternoon, Dean Klisura, CEO of reinsurance broker Guy Carpenter, provided an outlook for the mid-year reinsurance renewals. Klisura indicated that he expects the trends seen during the January 1 and April 1 renewals to continue into the June 1 renewal period, offering a sense of stability for the market despite ongoing challenges.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Neptune Flood, a private flood insurance provider in the US, has announced several strategic leadership updates to support its ongoing expansion. Matt Duffy has been promoted from Managing Director to President. In this expanded role, Duffy will lead Neptune’s strategic initiatives, manage partnerships, and oversee daily operations.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Transatlantic Underwriters (TAU), a specialty insurance firm known for its focus on the transportation sector, is expanding its services with the introduction of a Property & Casualty (P&C) division. This strategic move broadens TAU’s capabilities beyond transportation while reinforcing its commitment to that core market.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Guernsey Finance, the promotional agency for the island’s financial services sector, has named Paul Sykes as its new Chairman. The organisation represents and supports Guernsey’s globally respected finance industry, which spans investment funds, private wealth, insurance, pensions, and banking. Sykes, Managing Director at Aon Guernsey, takes over from Deputy Lyndon Trott OBE, Guernsey’s Chief Minister, who served as Chairman from 2016 to 2025.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Lloyd’s, the insurance and reinsurance marketplace, has made a strategic investment in BreachBits, a cyber risk innovation company founded by former US military cyber warfare veterans. This marks Lloyd’s third investment in cutting-edge solutions from alumni of its Lloyd’s Lab, following BreachBits’ successful participation in the accelerator program’s 13th cohort, which ran from September to December 2024.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Miller, a specialist re/insurance broker, has expanded its Delegated Authorities proposition with the creation of a dedicated European team. Leading the new team is Laurie Gaitskell, appointed as Head of European Delegated Authorities. He is joined by Anne-Sophie Petit and Ilenia Pizzolitto, with all three bringing extensive expertise in managing open market and coverholder business—particularly for SMEs and hard-to-place risks—across France, Switzerland, and Monaco.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Gallagher Re, a reinsurance and risk management firm, has released its full-year 2024 Reinsurance Market Report, highlighting an improvement in investment yield for reinsurance companies. According to the report, the total investment yield rose to 4.4% in 2024, up from 3.9% in 2023. This was driven by a higher running yield and a slightly reduced gains yield. The Running yield increased to 3.8%, up from 3.2% in the previous year.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Euler ILS Partners, a Swiss-based alternative asset manager specialising in insurance-linked strategies (ILS), has appointed Alexander Loosley to its Executive Board as the new Head of Capital Formation, pending approval. Loosley brings over 30 years of experience in the investment banking industry, with a remarkable record of driving strategic growth, raising capital, and structuring financial solutions.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Insurance companies face a growing challenge as they adapt to the rise of GLP-1 receptor agonists, such as Ozempic and Wegovy, which have proven effective in managing weight and improving obesity-related health conditions. Swiss Re, a provider of reinsurance and insurance solutions, highlights the importance of insurers integrating these treatments into their risk assessments and offering ongoing support to policyholders.
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1 week ago | 
reinsurancene.ws | Taylor Mixides
Lockton, a privately owned independent insurance brokerage, has announced the appointment of Devin Beresheim as US Risk Solutions Leader. In this newly created role, Beresheim will oversee both the Property & Casualty and Professional and Executive Risk practices, consolidating them under a single leadership structure. He will report directly to Tim Ryan, President of Lockton US.
