Reinsurance News
ICW Group Insurance Companies, a group of property and casualty insurers offering a range of commercial insurance products nationwide, has promoted Iva Yuan to the role of Chief Actuary, Head of Reserving, Pricing, and Product. In this key positio...
Posted: Aug 08, 2025
HCI Group, Inc., a Tampa-based holding company primarily engaged in property and casualty insurance through its subsidiaries, reported strong financial results for the second quarter of 2025, driven by disciplined underwriting and improved loss ra...
Posted: Aug 08, 2025
Harriet Turner has joined Hiscox’s London Market business to lead the insurer’s new sexual molestation liability (SML) cover. Turner is joining Hiscox from Beazley, where she held various roles in underwriting and strategy, including positions wit...
Posted: Aug 08, 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Dan Keeler to the newly created role of Head of Digital Underwriting. In this role, Keeler will drive innovation and efficiency in digital u...
Posted: Aug 08, 2025
Tokio Marine Holdings has announced its financial results for the first quarter of the 2025 fiscal year, reporting a 3.2% rise in its international business profit to JPY 126.3 billion, while its international non life business profit decreased 12...
Posted: Aug 08, 2025
MS Reinsurance (MS Re), a Switzerland-domiciled global reinsurer, reported an insurance service profit of $102 million for the first quarter of the fiscal year (January to March 2025), up $28 million from $74 million in the same period a year earl...
Posted: Aug 08, 2025
According to a newly released analysis by AM Best, a credit rating agency and data provider specialising in the insurance industry, the US homeowners insurance segment experienced significant financial pressure in the first quarter of 2025. Follow...
Posted: Aug 08, 2025
White Mountains has released the second quarter of 2025 results for its property and casualty re/insurance segment Ark/WM Outrigger, revealing gross written premiums (GWP) of $815 million, with a combined ratio of 84%. GWP in Q2 2025 increased com...
Posted: Aug 08, 2025
HDI Global, an international provider of commercial and specialty insurance, has appointed Nils Langrehr as Head of Power Underwriting within its cross-division Energy & Power Unit. The new role has been introduced as part of the company’s bro...
Posted: Aug 08, 2025
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a net profit of ₹1,752 crore for the first quarter ended June 30, 2025, up around 69% compared to the same period of the previous financial year. GIC...
Posted: Aug 08, 2025
Insurance holding company Ambac Financial Group, Inc. has announced its financial results for the second quarter of 2025, reporting total revenues from continuing operations of $55 million, an 8% increase from the $51 million in Q2 2025, and a 110...
Posted: Aug 08, 2025
MS Amlin Underwriting Limited (AUL), the Lloyd’s global insurer and reinsurer and Managing Agent of Syndicate 2001, reported a net income of £15 million for the first quarter of the fiscal year, up 36.36% from £11 million in the same period last y...
Posted: Aug 08, 2025
Joachim Wenning, Chief Executive Officer (CEO) of global reinsurer Munich Re, said this morning that there is no soft market in property catastrophe reinsurance, rather the period of no major losses for reinsurance companies is over. Addressing th...
Posted: Aug 08, 2025
Aspen Insurance has continued to deliver a strong underwriting performance in Q2 2025, achieving a net combined ratio of 85.1% and underwriting income of $100 million. In the firm’s Insurance Segment, underwriting income in Q2 2025 was $44 m...
Posted: Aug 08, 2025
Africa Re, in collaboration with the Livestock Productivity and Resilience Support Project (L-PRES), a consortium of insurance providers, and development partners, has launched an Index-Based Livestock Insurance (IBLI) product in Nigeria. The prod...
Posted: Aug 08, 2025
Amiga Specialty, the recently launched specialty managing general agent (MGA) has announced its expansion into the Asia Pacific market with the launch of a new Hong Kong operation, which is to be led by Ralph Sherbahn as Managing Director of Finan...
Posted: Aug 08, 2025
Munich Re, one of Europe’s big four reinsurers, has confirmed its record-breaking profit of €2.1 billion for the second quarter of 2025, although for the first half of the year profit fell 15% to a still strong €3.2 billion, as the firm repo...
Posted: Aug 08, 2025
Insurance and reinsurance broking group WTW has announced the appointment of Allan Stierle as Head of M&A Latin America at FINEX Global. In this role, Stierle will lead and develop the M&A practice in Latin America while supporting the com...
Posted: Aug 08, 2025
Highstreet Insurance Partners, an insurance agency headquartered in Michigan, has secured $550 million in new capital to continue its acquisition-focused growth strategy and expand its operations in local markets. The funding, structured as a dela...
Posted: Aug 08, 2025
Gallagher Re, a reinsurance broker and advisor, has recently announced the appointment of Dave Brune as Executive Vice President (EVP) within its Program Solutions division. In this role, Brune will be responsible for shaping and executing the fir...
Posted: Aug 08, 2025
A recent report issued by AM Best, the credit rating agency, highlights a growing trend in the insurance sector: more insurers are turning to third-party asset managers to oversee their investment portfolios, with the US life/annuity segment showi...
Posted: Aug 07, 2025
Kuwait Reinsurance Company (Kuwait Re) reported a net profit of $31.07 million (KWD 9,517,762) for the first half of 2025, marking a 39% increase from $22.41 million (KWD 6,876,348) in the same period last year. The company attributed the growth t...
Posted: Aug 07, 2025
Peter Zaffino, Chief Executive Officer (CEO) of global insurer AIG, has discussed the importance of the firm’s reinsurance purchasing strategy for its US property portfolio, revealing that so far in 2025, risk-adjusted rate decreases for rei...
Posted: Aug 07, 2025
MSIG USA, a provider of specialty commercial insurance solutions, has strategically partnered with Coalition, an active insurer focused on preventing digital risks, to launch a new cyber insurance offering for its US clients. The new program offer...
Posted: Aug 07, 2025
Mercury Insurance, a provider of auto and home insurance based in California, is partnering with Liberty Mutual Insurance, a property and casualty insurer, to help safeguard coverage for thousands of California policyholders. The collaboration com...
Posted: Aug 07, 2025