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People Moves: Everest Promotes Beggs as EVP and Reinsurance CEO; Allianz Commercial Appoints Key Global and Regional Leaders, Creating New Nordics Region

Jul 24 2025 // This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd.,...

Flood Re’s Reinsurance Costs Surge on UK Claims Frequency and Severity

Jul 21 2025 // Flood Re, a joint initiative between the UK government and insurers designed to make flood cover more affordable for homeowners, has reported a precipitous increase in reinsurance rates and claims costs. “The global...

Ambani’s Jio Agrees to Reinsurance Venture With Allianz in India

Jul 21 2025 // Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s quest to broaden his reach in the sector. The 50-50 venture combines...

Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

Jul 21 2025 // Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers–but underwriting discipline continues, according to renewal reports from three reinsurance...

Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG

Jul 16 2025 // Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and APAC, and Steve Hofmann as CEO of Americas for Reinsurance, responsible for North...

Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization

Jul 16 2025 // Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of annuity sales led to continued reinsurance growth in the U.S. in...

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