Growing demand for structured and parametric solutions drives strategic shift
Insurers secured improved pricing, broader coverage, and more flexible terms at the June/July 2025 reinsurance renewals, amid rising global capital and strong competition among reinsurers
The new entity, Howden Re KSA, will be led by Motaz Bukhari as CEO and will offer treaty and facultative placements
AXA will combine AXA Group and AXA XL ceded reinsurance operations to form a unified Ceded Re team, effective from 1 July
The deal gives Howden Re, the reinsurance arm of the global broking group, an on-the-ground presence in Peru, aligning with its broader strategy of international growth
The acquisition adds scale to Miller’s treaty reinsurance operations and broadens its reach in the Nordic, Caribbean and North American markets
The firm has launched a parametric insurance product to protect Colombian farmers against climate-related risks, in collaboration with XS Latam and SFA CEBAR
