Reinsurance News

In recent years, Bermuda-based re/insurer AXIS Capital Holdings has repositioned its reinsurance strategy to better fit with the company’s view of risk, and Chief Executive Officer (CEO), Vincent Tizzio, has said that the firm’s approa...

Posted: Aug 01, 2025

Fairfax Financial Holdings Limited has announced its financial result for the second half of 2025, reporting net earnings of $1,436.7 million, increasing from the $1,055.8 million net earnings reported in the same period last year. According to th...

Posted: Aug 01, 2025

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced that the California Department of Insurance (CDI) has completed its review of KCC’s US Wildfire Reference Model Version 3.0 under the newly establis...

Posted: Aug 01, 2025

Aon, a global insurance and reinsurance broker, has unified its commercial risk, health and reinsurance capabilities in India to operate as Aon Risk Insurance Brokers India Private Limited (ARIB), following approval from the National Company Law T...

Posted: Aug 01, 2025

RIQ, the newly launched AI-native reinsurance platform purpose-built for the future of global risk transfer, has entered into a strategic partnership with IHC, anchored by a targeted allocation of more than $500 million in reinsurance premiums ove...

Posted: Aug 01, 2025

Brit Group Holdings Limited posted a profit before tax of $307.7 million for the first half of 2025, up 2.1% from $301.3 million in the same period a year earlier, amid an increased undiscounted combined ratio of 95.2%, up from 80.8%, due to large...

Posted: Aug 01, 2025

Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced its financial results for the second quarter of 2025, reporting net income available to shareholders of $180 million, a decrease compared to last year’s $...

Posted: Aug 01, 2025

French insurer AXA has agreed to acquire Milan-headquartered Prima, an Italian direct insurance player acting as a managing general agent (MGA). The transaction is subject to customary closing conditions, including the receipt of regulatory approv...

Posted: Aug 01, 2025

Ryan Specialty Holdings, Inc., an international specialty insurance firm, reported total revenue of $855.2 million for the second quarter of 2025, representing 23% growth compared to $695.4 million in the prior-year period. The firm attributed the...

Posted: Aug 01, 2025

Alban de Mailly Nesle, Group Chief Financial Officer (CFO) of global insurer AXA, said this morning that as both a buyer and seller of reinsurance, overall, the firm stands to benefit more than it will lose from softer reinsurance pricing. This mo...

Posted: Aug 01, 2025

Insurance and reinsurance broking group Gallagher has appointed Alistair Lester as Chief Executive Officer (CEO) for Private Equity and M&A client practice, leading the firm’s existing transactional risks teams in the UK, Europe and the...

Posted: Aug 01, 2025

PwC, a professional services firm with deep expertise in the insurance and legacy markets, has released its latest review of the non-life insurance run-off sector, covering the second quarter of 2025. According to PwC, activity in the market remai...

Posted: Aug 01, 2025

Oaktree Capital Management, L.P. (Oaktree), a global asset management firm specialising in alternative investment strategies, has appointed Phil Joubert as Managing Director (MD) and Head of Asia Pacific (APAC) Insurance Solutions. In the new role...

Posted: Aug 01, 2025

Reflecting growing demand for aggregate risk coverage in the reinsurance market, US primary insurer Allstate has secured a new aggregate reinsurance arrangement for its US homeowners book at the mid-year renewals. The new protection includes cover...

Posted: Aug 01, 2025

India’s Edme Insurance Brokers Ltd has announced the appointment of Nitin Firke as Managing Director of Reinsurance, where he will work closely with both domestic and international partners to strengthen the broker’s position as a trus...

Posted: Aug 01, 2025

AM Best has upgraded the credit ratings of Somerset Reinsurance Ltd. and Somerset Reinsurance Company (SRC), citing their balance sheet strength, adequate operating performance, and ability to execute their business plan. The rating agency has upg...

Posted: Aug 01, 2025

For the second quarter of 2025, insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.17 billion, compared to $2.73 billion in Q2’24, as the core brokerage and risk management segments combined...

Posted: Aug 01, 2025

Parametrix, a provider of digital business interruption solutions, has announced the appointment of Sandy Perdiguerra as Senior Vice President, Cyber and Tech E&O Underwriting. Perdiguerra, who brings over two decades of experience in cyber un...

Posted: Aug 01, 2025

Reinsurance Group of America (RGA) has completed its previously announced $32 billion reinsurance transaction with Equitable Holdings, covering a diversified portfolio of life insurance products. Back when the deal was first revealed, RGA said it...

Posted: Aug 01, 2025

French insurer AXA recorded a rise in underlying earnings of 5% to €4.5 billion and 7% growth in gross written premium (GWP) and other revenues to €64.3 billion in the first half of 2025, driven by growth at AXA XL, the firm’s property and c...

Posted: Aug 01, 2025

The London Market Group (LMG), a collective body representing the specialist commercial re/insurance market in London, has published the results of its second Regulatory Sentiment Indices. The data shows a clear improvement in how firms view the p...

Posted: Aug 01, 2025

Parametric insurtech CelsiusPro has appointed Isa Ennadifi, formerly of global insurers Allianz and AXA and reinsurer SCOR, as its new Group Chief Underwriting Officer (CUO). Ennadifi has over 15 years of industry experience, having held senior ro...

Posted: Aug 01, 2025

Managing general agent (MGA), Avatar MGA Ltd (Avatar), has received Lloyd’s coverholder and Financial Conduct Authority (FCA) approval, and is set to commence binding business from August 1st, 2025. The new MGA is backed by three market-leading sy...

Posted: Aug 01, 2025

Starwind Specialty Insurance Services, a CRC Group company, has announced that Alex Bonds, currently serving as President and Chief Underwriting Officer of CRC Insurisk, will be joining Starwind Specialty as Co-President. In his new position, Bond...

Posted: Aug 01, 2025

Simon Wilson, Chief Executive Officer (CEO) of Markel Insurance, said recently that a really important part of the firm’s deal to sell the renewal rights for its Global Reinsurance business to Nationwide, was the large number of the reinsura...

Posted: Jul 31, 2025