Reinsurance News

Bridgepoint, a quoted private asset growth investor, has agreed to acquire a majority stake in HBC (Hanseatic Broking Center), an independent SME+ insurance distribution platform in the DACH region, from Preservation Capital Partners. HBC was foun...

Posted: Jul 31, 2025

Jim Williamson, CEO of Bermuda-based insurance and reinsurance company Everest, has disregarded talk of a soft property cat market, describing rates as very strong and the market as very hard while discipline has been maintained. During Everest’s...

Posted: Jul 31, 2025

The Hanover Insurance Group has announced its financial results for the second quarter of 2025, reporting a net income of $157.1 million, lower catastrophe losses of $107.5 million and an improved combined ratio of 92.5%. Net income in Q2 2025 saw...

Posted: Jul 31, 2025

The Baldwin Group, an insurance brokerage and advisory firm, has released its Q2 2025 Market Pulse Report, providing a clear view into a commercial insurance market that is becoming increasingly divided. According to the report, stability and rene...

Posted: Jul 31, 2025

Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced the appointment of Jared Lavinthal as Head of Tax for the Americas. Based in New York City, Lavinthal will report to Hilary Weiss, Head of Americas...

Posted: Jul 31, 2025

Global specialty re/insurance firm Ascot Group Limited and alternative credit manager Antares Capital have partnered to launch Wayfare Reinsurance Limited, a Bermuda-based reinsurance sidecar, together with Canro Re Limited, a Bermuda-based segreg...

Posted: Jul 31, 2025

A wholly owned subsidiary of Brookfield Wealth Solutions (BWS) is set to acquire London life insurer Just Group. Brookfield will reportedly pay 220 pence per share in cash, valuing Just Group’s equity at £2.4 billion ($3.2 billion). Brookfield sai...

Posted: Jul 31, 2025

Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, reported net income of $38.8 million for the second quarter of 2025, representing a 25.16% increase from $31 million in the same period of 2024. Mea...

Posted: Jul 31, 2025

Global insurance broking group WTW has reported flat revenue of $2.3 billion for the second quarter of 2025 with solid organic revenue growth in both Health, Wealth & Career and Risk & Broking, and a 134% year-on-year rise in net income to...

Posted: Jul 31, 2025

Insurer and reinsurer Ascot Group is reportedly partnering with Antares Capital, a private-credit firm, on a $500 million transaction to create a Bermuda-based reinsurance sidecar called Wayfare Reinsurance, according to a report by The Wall Stree...

Posted: Jul 31, 2025

Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has promoted Ben Qin to Head of Asia Pacific (APAC) and WeeBeng Seow as the Head of Southeast (SE) Asia. The parametric specialist is...

Posted: Jul 31, 2025

PERILS AG, a Zurich-based catastrophe insurance data provider, has announced the inclusion of Severe Convective Storm (SCS) industry loss reporting for Europe, Japan, and New Zealand. The new service builds on PERILS’ existing SCS coverage in Aust...

Posted: Jul 31, 2025

The Allstate Corporation, a provider of personal property and casualty insurance in the United States, has announced robust financial results for the second quarter of 2025, highlighted by substantial underwriting income improvement across the bus...

Posted: Jul 31, 2025

Aon has appointed Andrew Laing as UK CEO of Reinsurance, succeeding Rupert Moore, who will become CEO of Reinsurance for Asia Pacific and Chairman of the region for Aon’s Strategy and Technology Group. Subject to regulatory approval, Laing will al...

Posted: Jul 31, 2025

Insurer Markel Group’s total operating income for the second quarter of 2025 grew to $1.1 billion from $409 million in Q2’24, largely driven by market value movements within its equity portfolio. In the insurance segment in Q2’25, operating income...

Posted: Jul 31, 2025

Thierry Léger, Chief Executive Officer (CEO) of SCOR, one of Europe’s big four reinsurers, said this morning that although there’s not been an influx of new entrants in the reinsurance market, competition was high at the mid-year renew...

Posted: Jul 31, 2025

Everest’s reinsurance segment again led the business in Q2 2025, posting $436 million in underwriting income and a combined ratio of 85.6%, despite $98 million in pre-tax aviation losses tied to the Russia–Ukraine war, which added 3.2 points to th...

Posted: Jul 31, 2025

French reinsurer SCOR has announced its financial results for the second quarter of 2025, reporting a rise in net income to EUR 226 million, reversing the loss of EUR 308 million recorded in the second quarter of 2024. This improvement was driven...

Posted: Jul 31, 2025

Lockton, a privately held insurance brokerage, has appointed Kelly Thoerig as U.S. Directors and Officers Liability (D&O) and Employment Practices Liability (EPL) Product Leader within its Professional & Executive Risk division. Based in V...

Posted: Jul 31, 2025

Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has entered into a definitive agreement to acquire the renewal rights of Markel Insurance’s Global Reinsurance business, signalling Markel&...

Posted: Jul 31, 2025

Ping An Insurance (Group) Company of China, Ltd., an integrated financial services provider with a presence in insurance, banking, and asset management, has appointed Ray Wang as the Group’s Chief Technology Officer (CTO) and General Manager...

Posted: Jul 31, 2025

Itasca MGA Limited, an aviation-focused managing general agent (MGA), has structured a new insurance policy to support an aircraft debt facility for Allegiant Air, LLC, helping finance the delivery of new 737 MAX 8-200 aircraft. The aircraft deliv...

Posted: Jul 31, 2025

Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Andy Zoller as Senior Vice President (SVP), Head of Multinational, North America. Based in Dallas, Zoller will be responsible for the stra...

Posted: Jul 31, 2025

Neil Eckert, CEO of Bermuda-based reinsurer Conduit Re, was a little surprised at the slight upside in casualty rates experienced through the first half of the year, and while the firm posted a decrease in property, he doesn’t expect to see a chan...

Posted: Jul 30, 2025

Cover Whale Insurance Solutions, Inc., a commercial auto insurtech, has raised $40 million in equity funding from Morgan Stanley Expansion Capital. The company plans to use the investment to further develop its technology, improve its data analyti...

Posted: Jul 30, 2025