Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates
Mar 7 2025 // Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for...
People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires
Mar 6 2025 // This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here. Tokio Marine HCC Int’l Promotes Gower as Head of...
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund
Mar 6 2025 // RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built...
Markets/Coverages: Ryan Launches Specialty National Programs Group
Mar 5 2025 // Global specialty insurance firm Ryan Specialty is launching a new practice group focusing on specialty, class specific package business on both an admitted and non-admitted basis. The new group will be within its...
Markets/Coverages: IQUW Launches Ports & Terminals Product
Feb 18 2025 // IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a lead market for marine insurance. Under the leadership of Ali Welchman, an expert in...
Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it...
Markets/Coverages: Mosaic Launches Combined General, Environmental Liability Cover
Feb 14 2025 // Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages. The company’s new Site Pollution &...
WDIS Launches Wildfire Only Coverage for E&S Commercial Property in California
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Jupiter Launches $1M in Added Capacity Above FAIR Plan for California Homeowners
Feb 5 2025 // Jupiter Risk Services has launched its Jupiter Private Client Excess Homeowners Insurance (XS Homeowners), a property insurance product providing up to $1 million in additional capacity above the California FAIR...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution
Jan 28 2025 // DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention...
Mangrove, Another New Property Insurer, Enters Florida Market
Jan 27 2025 // Itasca Re chairman Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove,...
Generali Global Corporate & Commercial Enters Launches Business Unit in India
Jan 27 2025 // Generali Group has launched a new business unit – Global Corporate & Commercial (GC&C) India – within its joint-venture company Future Generali India Insurance. The moves further strengthens Generali’s...
People Moves: Ansay Announces New Leadership Team; Ryan Specialty Adds Budd to Specialty Underwriting Segment
Jan 23 2025 // Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition...
Descartes Launches Parametric Tornado Coverage for Solar Farms
Jan 23 2025 // Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to...
Broker Juniper Re Enters London With Industry Veteran Hawke at Helm
Jan 17 2025 // Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance...
Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As
Jan 7 2025 // Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition of Griffiths & Armour, which was first announced in November...
Antares Announces Leadership Team for New Commercial Division
Dec 6 2024 // Antares Global Management Ltd. announced three key appointments for its new Commercial Division, which comprises Syndicate 1274 and Bermuda-based Antares Re. Antares announced in November that it was restructuring its...
Risk Theory Launches New High Value Homeowners Insurance
Dec 3 2024 // Dallas, TX, December 3, 2024 — Jupiter Risk Services, an affiliate of Risk Theory, is proud to launch its High Value Homeowners Insurance, a new insurance product designed specifically for single-family, high-value...
Everest Launches Italian Insurance Business
Nov 27 2024 // Everest announced its expansion into the Italian market, following regulatory approval to operate in Italy, trading as Everest Insurance (Ireland) DAC, Succursale Italiana. Headquartered in Milan, the operations are...
Markets/Coverages: McGill, TMK and Convex Launch Trade Disruption Facility
Nov 26 2024 // McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex, offering limits of...
