Reinsurance News
Westfield Specialty, a global specialty insurance carrier, reported a strong combined ratio of 89.9% for the first nine months of 2025, alongside underwriting income of $92 million, which are “considerably ahead of planned results.” For 9M’25, gro...
Posted: Nov 07, 2025
Fairfax Financial Holdings Limited has announced its financial result for the third quarter of 2025, reporting net earnings of $1,151.7 million, increasing from the $1,030.8 million net earnings reported in the same period last year. This increase...
Posted: Nov 07, 2025
The Reinsurance Association of America (RAA), a national trade association representing property and casualty reinsurers operating in the United States, has appointed Tracey Laws as its President and Chief Executive Officer (CEO), effective Decemb...
Posted: Nov 07, 2025
Liberty Mutual Holding Company (LMHC) has reported net income of $2.22 billion, and a consolidated combined ratio of 84.7% for the third quarter of 2025, driven by strong underwriting performance and a drop in catastrophe losses Q3 2025’s net inco...
Posted: Nov 07, 2025
Specialty insurer Palomar Holdings, Inc. reported a net income of $51.5 million in the third quarter of 2025, up 68.7% from $30.5 million in the same period a year earlier. In Q3’25, gross written premiums increased 43.9% to $597.2 million, compar...
Posted: Nov 07, 2025
Catastrophe risk modeller Moody’s RMS Event Response has estimated private market insured losses driven primarily by wind impacts in Jamaica, with minimal contributions from other impacted Caribbean islands, including the Bahamas, Haiti, and...
Posted: Nov 07, 2025
The government of Jamaica is set to receive a second payout of USD 21.1 million following the passage of Hurricane Melissa, which has triggered the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company’s (CCRIF SPC) excess rai...
Posted: Nov 07, 2025
Global Insurance Law Connect (GILC), an international network of law firms specialising in insurance and reinsurance, has published its inaugural Property Catastrophe and Climate Governance Report, drawing on contributions from 23 member firms wor...
Posted: Nov 07, 2025
1B Insurance has announced that founder Akin Båmstedt has officially assumed full executive leadership as Chief Executive Officer (CEO), taking over from John Morley. Based in Zug, Switzerland, 1B Insurance is dedicated to securing emerging techno...
Posted: Nov 07, 2025
Marco Capital Holdings Limited, a European group specialising in the acquisition and management of property and casualty (P&C) insurance run-off portfolios and companies, has finalised the purchase of R&Q Gamma Company Limited. R&Q Gam...
Posted: Nov 07, 2025
EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has announced the appointment of Vinod Krishnan as the Chief Executive Officer of its Treaty Reinsurance vertical. In his new role, Krishnan will spearhead the...
Posted: Nov 07, 2025
Specialist insurer Hiscox’s multi-year collaboration with Google is serving as a central growth driver for the deployment of artificial intelligence (AI) and machine learning across its business, according to comments by the company’s CFO, Paul Co...
Posted: Nov 07, 2025
The Baldwin Group, an independent insurance distribution firm, has appointed Joe Valerio as Chief Operating Officer (COO) of Insurance Advisory Solutions (IAS), the firm’s retail property and casualty and employee benefits brokerage business. In h...
Posted: Nov 07, 2025
Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a...
Posted: Nov 07, 2025
Kestrel Group Ltd, a recently established specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, has reported total third quarter 2025 revenues of $17.4 million compared to $752 thous...
Posted: Nov 06, 2025
AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, supported by a relatively benign third quarter for catastrophe activity, while emphasising that reinsurers must maintain discipline at the upcoming...
Posted: Nov 06, 2025
Juniper Re, a reinsurance brokerage firm, has announced the opening of its New York City office and the appointment of Bo Wulsin as Broker. Wulsin joins Juniper Re with ten years of experience in the re/insurance industry, having previously held b...
Posted: Nov 06, 2025
Slide Insurance Holdings, Inc, has announced its financial results for the third quarter of 2025, reporting a significant net income increase, to $111 million, gross premiums written growth of 33.8%, and record low combined ratio of 48.5%. This ye...
Posted: Nov 06, 2025
White Mountains has reported Q3 2025 results for its property and casualty re/insurance segment, Ark/WM Outrigger, which recorded gross written premiums of $366 million and an improved combined ratio of 73%. Ark/WM Outrigger also saw net written p...
Posted: Nov 06, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the launch of a new consortium targeting risks associated with the construction of artificial intelligence (AI) data centres. With estimates suggest...
Posted: Nov 06, 2025
Howden, an insurance brokerage and risk advisory firm, has officially launched its marine insurance services in Japan, marking an important step in its continued growth across Asia. The new operations will be led by Koji Aragane, Marine Director,...
Posted: Nov 06, 2025
The privately insured loss from Hurricane Melissa damages to residential, commercial, and industrial properties in Jamaica and Cuba is expected to hit $2.4 billion, based on Karen Clark & Company’s (KCC) high-resolution Caribbean Hurrica...
Posted: Nov 06, 2025
Allstate Corporation reported total revenues of $17.3 billion in Q3 2025, up $628 million, or 3.8%, from the same quarter in 2024. Net income applicable to common shareholders reached $3.7 billion in Q3 2025, compared with $1.2 billion in Q3 2024,...
Posted: Nov 06, 2025
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Jeff Bright as Underwriting Director, effective November 3rd, 2025. The appointment marks a key milestone in Carbon’s...
Posted: Nov 06, 2025
Descartes Underwriting, the specialist in corporate parametric solutions, sees a growing opportunity to bring fresh, sustainable parametric capacity to Asia, particularly within frequency layers where insurers are facing higher retentions, accordi...
Posted: Nov 06, 2025