Reinsurance News
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
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
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
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
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
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
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 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 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 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 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
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 (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 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, 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, 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
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 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 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
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, 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
For the latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC) and Darren Powell, CUO of Pinpoint UK, to hear their plans for the new MGA and how progress has been so far as...
Posted: Jul 24, 2025
Pension Insurance Corporation plc (PIC), a specialist insurer focused on defined benefit pension schemes, has completed a £40 million buy-in with the Institution of Mechanical Engineers Pension Scheme, with the transaction securing the pensions of...
Posted: Jul 24, 2025
Third Point LLC (TPIL ), the New York based alternative asset manager, is moving forward with its proposed acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform, and has announced an update regarding the improved term...
Posted: Jul 24, 2025
Probitas Managing Agency has revealed that the AdA SPA 2024 will transition to full Syndicate status for the 2026 year of account, following ‘In Principle’ Lloyd’s approval. The AdA Syndicate, which will remain under the management of Probitas Man...
Posted: Jul 24, 2025