Reinsurance News

Adverse aviation ruling and California wildfires push Fidelis to H1’25 loss

Despite a $22.8 million H1 2025 net loss and a 110.1% combined ratio stemming from the English High Court’s Russia aviation ruling and California wildfires, Fidelis’s CEO has said the lessor policy dispute is effectively resolved, with only minima...

Posted: Aug 14, 2025

Talanx generates record net income for H1’25 of €1.4bn

European insurer and parent of large reinsurer Hannover Re, Talanx Group, has generated a record half-year 2025 net income of €1.37 billion, compared to €1.09 billion in the same period last year, representing 26% growth, leading the firm to raise...

Posted: Aug 14, 2025

AXA & MOTOGO launch new typhoon parametric and cross-boundary travel insurance

AXA Hong Kong and Macau and MOTOGO have partnered to launch two new insurance solutions, typhoon parametric and cross-boundary travel. These two innovative insurance solutions will be provided at no cost to eligible MOTOGO members under Dah Chong...

Posted: Aug 14, 2025

Swiss Re posts 24% rise in net income and 81.1% P&C combined ratio for H1’25

Healthy underwriting margins across property and casualty (P&C) and life and health (L&H) reinsurance, as well as a solid investment result, helped reinsurance giant Swiss Re generate a 24% year-on-year rise in net income to $2.6 billion f...

Posted: Aug 14, 2025

Thomas O’Brien joins Canada Life Re as Head of Reinsurance Operations Europe

Canada Life Reinsurance, a provider of reinsurance solutions for life and health, has announced the appointment of Thomas O’Brien from Hannover Re as CEO CLRe Ireland and Head of Reinsurance Operations Europe, a Dublin-based role. O’Br...

Posted: Aug 14, 2025

Kelso completes sale of Accession to Brown & Brown for $9.83bn

Kelso & Company, L.P., a North American-focused middle-market private equity firm, has completed the sale of its portfolio company Accession Risk Management Group to Brown & Brown in a primarily cash transaction valued at approximately $9....

Posted: Aug 14, 2025

Shanghai Asian Insurance Brokers (UK) & Altum Risk secure SIRE authorisation

Shanghai Asian Insurance Brokers (UK) Ltd, alongside its Appointed Representative Altum Risk Ltd, have been authorised to fully operate on the Shanghai Insurance and Reinsurance Exchange (SIRE) platform. This authorisation, effective from 6 March...

Posted: Aug 14, 2025

Confidence from multiyear track record behind reinsurance overhead cut: Lemonade CEO

Following Lemonade’s June decision to cut the ceded proportion of its quota share reinsurance from about 55% to 20%, CEO and Co-Founder Daniel Schreiber said the arrangement was used more for capital than risk management, adding that the policies...

Posted: Aug 13, 2025

AXIS Capacity Solutions launches led by David Murie

AXIS Capital Holdings Limited, a global specialty underwriter and provider of re/insurance solutions, has launched AXIS Capacity Solutions, a new business unit dedicated to developing and supporting structured and multi-line portfolio capacity dea...

Posted: Aug 13, 2025

Mehmet Shukri to lead Aon’s UK Reinsurance Client Services

Aon, a global insurance and reinsurance broking group, has announced the appointment of Mehmet Shukri as Head of UK Client Services for Aon’s Reinsurance Solutions, effective immediately. In his new role, Shukri will focus on accelerating client v...

Posted: Aug 13, 2025

Slide reports $70m Q2’25 net income with 25% GPW growth

Slide Insurance has announced its financial results for the second quarter of 2025, reporting a 30.5% year-over-year growth in net income, a 25% increase in gross premiums written (GPW), and an improved combined ratio of 67.4%. For Q2 2025, Slide’...

Posted: Aug 13, 2025

HCI is well positioned in a competitive Florida market: COO Karin Coleman

Karin Coleman, Chief Operating Officer (COO) at HCI Group, described the environment in Florida as a healthy one, stating that the company is well-positioned in a competitive market with strong capital, as well as “the people and the technology to...

Posted: Aug 13, 2025

SCOR launches second Ecological Restoration Insurance Solution Product: ‘Manage’

SCOR has launched ‘Manage’, the second product in its Ecological Restoration Insurance Solution, which Harmender Singh Kalirai, Chief Transaction Officer at SCOR P&C, described as “the next evolution of the Solution.” T...

Posted: Aug 13, 2025

Resilience appoints Michelle Worrall as Global Director of Insurance Product

Resilience, a provider of cyber risk solutions, has announced the appointment of Michelle Worrall as Global Director of Insurance Product. Based in Chicago, Worrall will report to Maria Long, Chief Underwriting Officer, and will be responsible for...

Posted: Aug 13, 2025

Lockton appoints Marrero President, Chief Growth Officer for US operations

Lockton, a global independent insurance brokerage, has announced the appointment of Hiram Marrero as President, Chief Growth Officer for its U.S. operations, a Florida-based role. In this newly established role, Marrero will leverage his 25 years...

Posted: Aug 13, 2025

IAG’s net profit rises 51.3% to A$1.4bn in FY’25

Australian insurer IAG has reported a net profit after tax of A$1.4 billion for the full 2025 financial year, a 51.3% increase compared to A$898 million in FY24. The company attributed the rise in net profit to higher net earned premiums, increase...

Posted: Aug 13, 2025

Advent to acquire Sapiens for $2.5bn

Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International Corporation N.V., a provider of software solutions for the insurance industry, for $43.50 per common share, in an all-cash t...

Posted: Aug 13, 2025

Dynamic Re strengthens leadership to support global expansion

Dynamic Re, a global underwriting firm providing reinsurance solutions to clients and partners worldwide, is expanding its operations and updating its leadership structure to support this growth. Francisco Hernández has been appointed Global CEO,...

Posted: Aug 13, 2025

American Integrity’s GPW up 30% in Q2’25 as in-force policies surpasses 400,000

Tampa, Florida-headquartered property insurer, American Integrity Insurance, has reported a 29.5% increase in gross premiums written (GPW) in the second quarter of 2025 to $287 million from $221.6 million in Q2’24. At the same time, in Q2’25, gros...

Posted: Aug 13, 2025

Antares Syndicate posts H1’25 profit as GWP expand to $369m

Antares Syndicate 1274 at Lloyd’s, which writes Property, Casualty, Marine and Specialty insurance and reinsurance, has reported a UK GAAP profit of $42 million for H1 2025, up from $41 million in H1 2024. During H1 2025, the syndicate also achiev...

Posted: Aug 13, 2025

Aon names Jocelyn Po as Country Head of Philippines, Reinsurance Solutions

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Jocelyn Po as Country Head of Philippines. In her new role, Po will report to Musa Adlan, Managing Director of Asia and Head of Southeast...

Posted: Aug 13, 2025

Richard Mills to lead Amiga Specialty Transactional Risks, UK & Europe as MD

Amiga Specialty, a B.P. Marsh-backed managing general agent (MGA), is welcoming Richard Mills as Transactional Risks Managing Director, UK & Europe, effective immediately. In his new role he has been tasked with establishing the transactional...

Posted: Aug 13, 2025

Beazley grows premiums to $3.19bn in H1’25 amid disciplined market stance

Beazley has reported insurance written premiums of $3.19 billion in H1 2025, up 2% from $3.12 billion in H1 2024, with CEO Adrian Cox saying the growth reflects the firm’s disciplined approach and its strategy of prioritising rate adequacy a...

Posted: Aug 13, 2025

Broker concern over underinsurance in UK non-standard market & accelerated market softening: Prestig...

A new survey by Prestige Underwriting has highlighted growing concerns among UK insurance brokers about the disconnect in the non-standard market, where an increasing number of clients are underinsured amid a softening market. The Prestige Underwr...

Posted: Aug 13, 2025

SiriusPoint to provide Arden with capacity for new US wildfire parametric solution

Bermuda-based insurer and reinsurer SiriusPoint has partnered with Arden Insurance Services LLC, a United States-based commercial property managing general underwriter (MGU), as a capacity provider for the MGU’s newly launched wildfire-expos...

Posted: Aug 13, 2025