Reinsurance News

Allianz Commercial appoints Nguyen-Huu as Global Head of Portfolio Solutions

Allianz Commercial, part of global insurer Allianz, has appointed Doan Nguyen-Huu as Global Head of Portfolio Solutions, effective August 1st, 2025, and Daniel Head as Head of Portfolio Solutions and Delegated Authority, UK Global and Internationa...

Posted: Jul 25, 2025

Canadian Personal Auto & Property premium rates continued to rise in Q2’25

Applied Systems has released the second quarter of 2025 results of the Applied Rating Index, the Canadian insurance industry’s premium rate index, showing year-over-year and quarter-over-quarter increases in average premium rate changes for both P...

Posted: Jul 25, 2025

Kinsale Capital’s net income increased 44.8% to $134m in Q2’25

Kinsale Capital Group, Inc. reported a net income of $134.1 million for the second quarter of 2025, which includes after-tax catastrophe losses of $2.9 million, up 44.8% from $92.6 million in the same quarter a year earlier, which included $2.7 mi...

Posted: Jul 25, 2025

Sands Point Risk acquires Medical Stop Loss MGU BRM Specialty Markets

Sands Point Risk, a multi-program MGA platform backed by Avesi Partners, has announced its acquisition of BRM Specialty Markets, a Philadelphia-based Medical Stop Loss Managing General Underwriter. The acquisition marks a significant milestone for...

Posted: Jul 25, 2025

Aon’s Reinsurance Solutions delivers 6% organic revenue growth to $688m in Q2’25

Aon, the global insurance and reinsurance broking group, achieved total revenue growth of 11% to $4.2 billion in the second quarter of 2025, with organic growth of 6% in its Reinsurance Solutions arm on the back of double-digit increases in insura...

Posted: Jul 25, 2025

CDI completes review of Verisk’s wildfire model to help address California’s coverage crisis

The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it for use by insurers in assessing wildfire risk and property insurance ratemaking—marking it as the first catastrophe model...

Posted: Jul 25, 2025

Universal’s direct premiums written grows 3.2% to $597m in Q2’25

Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a 3.2% increase in direct premiums written to $596.7 million in the second quarter of 2025, from $578.2 million a year earlier, driven by a 25.4%...

Posted: Jul 25, 2025

Cayman Islands Monetary Authority issued 21 new international insurance licences in H1’25

The Cayman Islands Monetary Authority (CIMA) granted a total of 21 new international insurer licenses in the first half of 2025, as commercial insurance, reinsurance, and captive sectors continue to expand in the region. This was reported in the r...

Posted: Jul 25, 2025

Everest’s Glen Browne joins AIG as Global Head of Accident & Health

Global insurer American International Group, Inc. (AIG) has appointed Glen Browne as its new Global Head of Accident & Health (A&H), effective September 3rd, 2025. He will be based in Zurich, Switzerland and report to Jon Hancock, Executiv...

Posted: Jul 25, 2025

Lloyd’s, IUA, and LIIBA report drop in trade credit insurance claims for 2024, with Africa leading t...

A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...

Posted: Jul 25, 2025

LMA, IUA, and LIIBA report drop in trade credit insurance claims for 2024, with Africa leading total...

A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...

Posted: Jul 25, 2025

Jensten names Kathleen Durling Director of Underwriting

Jensten Underwriting, a managing general agent within the Jensten Group, has announced the appointment of senior industry specialist Kathleen Durling as Director of Underwriting. In her new role, Durling will spearhead two of Jensten Underwriting’...

Posted: Jul 25, 2025

Third Point secures $400m of investible capital for Insurance Solutions Fund

Third Point LLC has secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, its first dedicated and rated structured private credit fund for insurance companies. According to Third Point, the F...

Posted: Jul 25, 2025

Starr appoints David Wang as Head of Financial Lines, Asia Pacific

Starr Insurance, a provider of commercial property and casualty insurance, has announced the appointment of David Wang as Head of Financial Lines, Asia Pacific. Based in Singapore, Wang will lead the company’s growing Asia Pacific Financial Lines...

Posted: Jul 25, 2025

Donegal reports $16.9m Q2’25 net income with slight net premium decrease

Donegal Group Inc., the US insurance company, has announced its financial results for the second quarter of 2025, reporting a rise in net income to $16.9 million and an improved combined ratio of 97.7%, while net premiums saw a slight decrease of...

Posted: Jul 25, 2025

RenRe built one of its largest & most profitable property cat portfolios at mid-year renewal: CEO O’...

Bermuda-based reinsurer RenaissanceRe (RenRe) had a strong mid-year renewal and constructed one of its largest and most profitable net retained property catastrophe portfolios, with the firm’s President and Chief Executive Officer (CEO), Kev...

Posted: Jul 24, 2025

Tokio Marine Kiln appoints Lucy Fraser as Cyber Risk Analyst

Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Lucy Fraser as Cyber Risk Analyst. The appointment supports TMK’s continued expansion of its cyber risk offerings at a critical time, following a series of high-...

Posted: Jul 24, 2025

Goosehead posts 20% revenue growth, $1.2bn in total written premiums in Q2’25

Goosehead Insurance, an independent personal lines insurance agency, reported total revenue of $94 million for the second quarter of 2025, up 20% compared to the same period a year prior, alongside an 18% increase in total written premiums to $1.2...

Posted: Jul 24, 2025

MAPFRE RE reports strong H1’25 CoR and 1.3% premium growth

MAPFRE RE, the reinsurance and global risk arm of Madrid-based insurer MAPFRE, has announced its H1 2025 financial results, reporting an increase in its combined ratio of 0.7 percentage points to 95.9% amid the costly California wildfires. The ini...

Posted: Jul 24, 2025

Hagerty announces new fronting arrangement with Markel

Hagerty, a specialty automotive insurer, has entered into a non-binding letter of intent (LOI) for a new fronting arrangement with Markel, marking a significant evolution in its successful partnership. Hagerty provides specialty vehicle insurance,...

Posted: Jul 24, 2025

Everest promotes Jill Beggs to CEO of Reinsurance

Bermuda-based insurer and reinsurer Everest Group has promoted Jill Beggs to Executive Vice President (EVP) and Chief Executive Officer (CEO) of Reinsurance, following her appointment as Chief Operating Officer (COO) of the reinsurance arm early l...

Posted: Jul 24, 2025

Selective reports Q2’25 net income growth and improved CoR amid market headwinds

Selective Insurance Group has announced its financial results for the second quarter of 2025, reporting net income growth to $83.6 million from $65.6 million in the same period last year, 12% increase in net premiums written (NPW) and an improved...

Posted: Jul 24, 2025

Accelerant’s upsized IPO to raise firm $426m

Accelerant Holdings, a technology-driven insurance platform that partners with underwriters and MGAs across the globe, has announced the pricing of its upsized initial public offering (IPO). The company is now offering a total of 34,461,152 Class...

Posted: Jul 24, 2025

Approval reforms for UK Insurance Special Purpose Vehicles to support growth: PRA

The Prudential Regulation Authority (PRA) has published Policy Statement (PS) 9/25, setting out its final policy and feedback to CP15/24 on proposed reforms to the UK Insurance Special Purpose Vehicle (UK ISPV) regulatory framework, marking a key...

Posted: Jul 24, 2025

McGill and Partners names Henderson as Bermuda CEO, Cantlay as President

McGill and Partners, a specialist insurance and reinsurance broker, has announced the appointment of Julia Henderson as Partner and CEO of its Bermuda business. The firm also announced that George Cantlay, currently part of the global treaty reins...

Posted: Jul 24, 2025