Reinsurance News

SCOR expands Beazley’s role to CCO of SCOR Business Solutions

French carrier SCOR, one of Europe’s big four reinsurance companies, has expanded Christopher Beazley’s role at the firm, adding the role of Chief Commercial Officer (CCO) of SCOR Business Solutions to his responsibilities, whilst reta...

Posted: Nov 06, 2025

American Coastal Q3’25 net income increases to $32.5mn with improved CoR

American Coastal Insurance Corporation has announced its financial results for the third quarter of 2025, reporting a net income of $32.5 million, which compares to the $28.1 million seen in the same period last year. The property and casualty ins...

Posted: Nov 06, 2025

AXA XL Reinsurance CEO Renaud Guidée on closing Asia’s protection gap: SIRC 2025

In a recent Reinsurance News interview, Renaud Guidée, Chief Executive Officer of AXA XL Reinsurance, discussed the priorities shaping client conversations and market strategy at this year’s Singapore International Reinsurance Conference (SIRC). G...

Posted: Nov 06, 2025

Long-term partnerships are driving stability in Property (D&F and Binders) treaty reinsurance market...

As 2025 draws to a close, Howden Re, a reinsurance intermediary and advisory business known for its independent model and client-focused approach, offers its perspective on how relationships are shaping the current Property (D&F and Binders) t...

Posted: Nov 06, 2025

Cotality estimates total insured losses from Hurricane Melissa at $1.5bn

Cotality has estimated that total insured losses from Hurricane Melissa, which recently devastated Jamaica, will be around $1.5 billion, within a range of $1 billion to $2.5 billion, while total property damage from wind, storm surge, and flooding...

Posted: Nov 06, 2025

Investment in energy transition, climate mitigation & adaptation to cross $80trn by 2040: Swiss Re

According to global reinsurer Swiss Re, investments in energy transition, climate mitigation, and adaptation are projected to exceed $80 trillion by 2040, reflecting the accelerating pace of global decarbonisation efforts. The company says this ma...

Posted: Nov 06, 2025

Zurich’s 9M’25 top line boosted by record $38.9bn P&C premiums

Large insurer Zurich Insurance has delivered strong top-line growth in the first nine months of 2025, with its property & casualty (P&C) segment reporting record gross written premiums of $38.9 billion, an 8% increase driven by exceptional...

Posted: Nov 06, 2025

Hiscox Re & ILS grows ICWP to $525.6m in 9M’25

Hiscox Re & ILS, which includes the global insurer’s reinsurance operations in London and Bermuda as well as its insurance-linked securities (ILS) business, reported insurance contract written premiums (ICWP) of $525.6 million for the first ni...

Posted: Nov 06, 2025

Allianz joins The Spark with Sirma Boshnakova appointed to Advisory Board

The Spark, the insurance industry’s first Global Prevention Lab, has announced that global insurer Allianz has joined as a member, with Sirma Boshnakova, Member of the Board of Management of Allianz SE, appointed to The Spark’s Global Advisory Boa...

Posted: Nov 06, 2025

AI-centred InsurTechs dominate as global funding hits $1.01bn in Q3: Gallagher Re

According to a new report from Gallagher Re, global InsurTech funding was $1.01 billion in Q3 2025, down 7.3% from the $1.09 billion recorded in the prior quarter. Gallagher Re observed a marked drop in deal count, with just 76 deals in Q3 2025, t...

Posted: Nov 06, 2025

UNDP, BMZ, Generali, and ICMIF Foundation launch global inclusive insurance programme covering 30 co...

The United Nations Development Programme (UNDP), the German Federal Ministry for Economic Cooperation and Development (BMZ), global insurer Generali Group, and the International Cooperative and Mutual Insurance Federation (ICMIF) Foundation have a...

Posted: Nov 06, 2025

Legal & General secures £96m pension buy-in for Cosworth Racing Limited Fund

Legal & General Assurance Society Limited (L&G), a subsidiary of Legal & General Group plc and a UK financial services provider, has completed a £96 million buy-in with the Cosworth Racing Limited Pension Fund, with the transaction sec...

Posted: Nov 06, 2025

Hippo reports net income of $98m for Q3’25, up from net loss of $9m last year

Home insurance firm Hippo reported net income of $98 million for the third quarter of 2025, compared to a net loss of $9 million last year, driven by a $91 million net gain on the sale of the homebuilder distribution network and improved underwrit...

Posted: Nov 05, 2025

Conduit Re in ‘full preparation mode’ as market discipline holds and rates begin to soften: CEO Ecke...

During a recent interview, Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said the company reported a benign third quarter, reaffirming its guidance for year-end as the market shows early signs of...

Posted: Nov 05, 2025

Everest renewal rights deal a “great opportunity to grow faster”: AIG, Jon Hancock

Jon Hancock, EVP & CEO of International Commercial and Global Personal Insurance at AIG, said the recent renewal rights deal with Everest is a great opportunity to accelerate growth for AIG’s already robust commercial business, while also bene...

Posted: Nov 05, 2025

David Jones to join AXA XL as CUO Retail

AXA XL, the property and casualty division of AXA Group, has announced the appointment of David Jones as Chief Underwriting Officer (CUO) Retail, UK & Lloyd’s, a London-based role. In his new position, starting Spring 2026, Jones will be...

Posted: Nov 05, 2025

IGI posts improved Q3’25 CoR amid lower large loss activity

International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, reported an improved combined ratio of 76.5% in the third quarter of 2025, compared to 86.0% in the same period last year, alongside underwriting i...

Posted: Nov 05, 2025

Lemonade reports improved net loss of $37.5m as in-force premiums rise 30% YoY

Lemonade, an AI-powered digital insurance company, has announced its third quarter of 2025 financial results, reporting a net loss of $37.5 million, compared to the $67.7 million net loss seen in the same quarter last year. In force premium (IFP)...

Posted: Nov 05, 2025

Larger, more diversified Lancashire poised to navigate future market cycles: CUO

Speaking on Lancashire’s Q3 2025 earnings call, Paul Gregory, Group Chief Underwriting Officer, suggested that as a significantly larger and more diversified business than at the same stage of the previous softening cycle, the firm has greater rei...

Posted: Nov 05, 2025

Conduit Holdings announces appointment of Nicholas Shott as Non-Executive Director

Conduit Holdings Limited, the parent company of Conduit Re, a Bermuda-based pure-play reinsurance business, has announced the appointment of Nicholas Shott as a Non-Executive Director, effective 4 November 2025. Shott brings over thirty years of e...

Posted: Nov 05, 2025

India’s Kshema secures $20m from UN Green Climate Fund to expand offerings

Kshema, the Indian agricultural insurer that leverages technology and parametric triggers to provide cover to smallholder farmers, is set to receive $20 million in funding from the UN Green Climate Fund (GFC) to help it scale up its offerings. GCF...

Posted: Nov 05, 2025

Hamilton’s underwriting income rises 120% with 87.8% CoR in Q3’25

Bermuda-domiciled insurer and reinsurer Hamilton Insurance Group, Ltd. reported an improved combined ratio of 87.8% in the third quarter of 2025, compared to 93.6% in the same period a year earlier, with a significant 120.3% increase in underwriti...

Posted: Nov 05, 2025

The Baldwin Group’s Q3’25 total revenue grows to $365.4m

The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the third quarter of 2025, reporting total revenue growth of 8% year-over-year despite a net loss of $30.2 million. The company’s total revenue...

Posted: Nov 05, 2025

ICA extends SE 254 declaration to Severe Spring Storms as claims reach 26k

The Insurance Council of Australia (ICA) has expanded the timeframe and postcodes of its most recent Significant Event declaration, to include the hail and strong winds that impacted south-east Queensland between 31st October, Friday and 2nd Novem...

Posted: Nov 05, 2025

AXA XL names Sabrina Lahrmann Head of International Property

AXA XL, the property and casualty division of AXA Group, has announced the promotion of Sabrina Lahrmann to Head of International Property, UK & Lloyd’s. Based in London, she took up her new position on 1 November 2025. In this leadership role...

Posted: Nov 05, 2025