Reinsurance News

American Financial Group, Inc., a Cincinnati-based holding company specialising in insurance and financial services, has reported first-quarter 2025 net earnings of $154 million, compared to $242 million for the same period in 2024. This reflects...

Posted: May 07, 2025

MSIG Asia has announced leadership changes to accelerate its digital transformation and strengthen broker business. Adrian Hill will lead digital innovation, with Pearline Soh on digital marketing initiatives, while Enny will head efforts to enhan...

Posted: May 07, 2025

At his first Annual General Meeting (AGM) as Chief Executive Officer of Hannover Re, Clemens Jungsthöfel reaffirmed the company’s strong strategic direction for 2024–2026, highlighting its continued focus on profitable growth, robust capital stren...

Posted: May 07, 2025

Howden Re, the reinsurance division of broking group Howden, has appointed Pascal Kahraman as Director within the broking team in Germany, based out of the newly opened Munich office. Kahraman joins from industry giant, Munich Re, where he has ser...

Posted: May 07, 2025

White Mountains has released the Q1 2025 results for its property and casualty re/insurance segment Ark/WM Outrigger, revealing gross written premiums of $1,108 million, net written premiums of $728 million and net earned premiums of $358 million,...

Posted: May 07, 2025

Zug, Switzerland-domiciled reinsurer SIGNAL IDUNA Reinsurance Ltd (SI Re) has reported a profit of €10.4 million for the full year 2024, improving over 2023’s figure of €8.8 million by 17.7%. The company’s shareholder equity for FY’24...

Posted: May 07, 2025

The operating performance of United Arab Emirates (UAE) insurers remains resilient despite the impact of severe rains early last year on full-year earnings, events that have also highlighted the region’s natural catastrophe exposures, accord...

Posted: May 07, 2025

WTW, an advisory, broking, and solutions firm, has announced a major upgrade to its International Property facility in the London market, further advancing the capabilities of its digital trading platform, Neuron. This enhancement, which aligns wi...

Posted: May 07, 2025

Bowhead Specialty, a provider of casualty and professional liability products, has announced its financial results for the first quarter of 2025, reporting significant net income growth of 62.9% and gross written premiums growth of 26.3% compared...

Posted: May 07, 2025

As per a new report from Gallagher Re, the InsurTech industry experienced a 90% surge in funding during Q1 2025, reaching $1.31 billion. According to Gallagher Re, around 61.2% ($710.86 million) of Q1 2025 InsurTech deals went to AI-centred compan...

Posted: May 07, 2025

Assured Guaranty (Europe) SA (AGE), a subsidiary of Assured Guaranty Ltd., has guaranteed the principal and interest on €75 million in notes issued by XpFibre Groupe on 30 April 2025. The proceeds from the issuance are being used to refinance exis...

Posted: May 07, 2025

Tiptree has announced its financial results for the first quarter of 2025, reporting a net income of $5.6 million, compared to Q1 2024’s $9.1 million, and revenues of $497.4 million, which saw a slight decrease of 0.2% from Q1 2024. The company at...

Posted: May 07, 2025

Aon, a global professional services firm, has released its Client Trends 2025 report, emphasising the growing interdependence of four powerful forces—Trade, Technology, Weather, and Workforce—that are shaping the operating environment for organisa...

Posted: May 07, 2025

European and UK market-focused legacy acquirer, DARAG Group, has promoted Theo Wilkes to the role of Chief Financial Officer (CFO), based in London. Wilkes joined DARAG in June 2024 with over two decades of industry experience in live and legacy m...

Posted: May 07, 2025

Mercury General Corporation, a property and casualty insurance provider based in Los Angeles, California, has released its financial results for the first quarter of 2025, revealing a net loss for the period as a result of significant losses from...

Posted: May 07, 2025

Canopius, a specialty and P&C re/insurer, has announced the appointment of Neetu Varghese as Head of Marine, US, Varghese steps into the role following her tenure as National Cargo Manager at Canopius since 2023. This appointment marks a signi...

Posted: May 07, 2025

Super-regional property and casualty insurance holding company, Heritage Insurance Holdings, Inc, has reported first quarter 2025 net income of $30.5 million, compared to Q1’24’s $14.2 million, driven by increased net premiums earned, relatively f...

Posted: May 07, 2025

Cyber risk solutions company Resilience has appointed Diego Rodriquez Vazquez, who most recently served at AXA XL,  as Underwriting Manager for Spain and Portugal. Vazquez has almost a decade of experience as a cybersecurity consultant and auditor...

Posted: May 07, 2025

Independent insurance distribution firm, The Baldwin Group, has reported total revenue growth of 9% to $413.4 million for the first quarter of 2025 compared to $380.3 million last year, reflecting organic revenue growth of 10%. Total GAAP net inco...

Posted: May 07, 2025

Marsh, an insurance broker and risk advisor within Marsh McLennan, has appointed Typhaine Beaupérin as Client Leader, Risk Management, Europe, effective by the end of June 2025. In the role, she will be based in Brussels and report to Lorraine Sta...

Posted: May 07, 2025

Global insurer AXA’s Property and Casualty (P&C) and Specialty Risk division, AXA XL, saw gross written premiums and other revenues climb 7% to €21 billion in Q1 2025, helped by a 12% increase in premiums to €1.4 billion at AXA XL Reinsurance....

Posted: May 07, 2025

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, executive, and professional lines insurance, has announced its entry into the UK Programmes business with the appointment of Rob Munden as Head of Programm...

Posted: May 07, 2025

Willis, a WTW business, has announced the appointment of David Lofstrom as Deputy Regional Leader, New England within Corporate Risk and Broking (CRB) in North America. In his new role, based in Boston, Lofstrom will be collaborating with the full...

Posted: May 07, 2025

French reinsurer SCOR has reported a 1.7% rise in net income to €200 million for the first quarter of 2025 with a solid performance in both its Life & Health (L&H) and Property & Casualty (P&C) segments, despite the impacts of the...

Posted: May 07, 2025

Global specialty underwriter and re/insurance provider, AXIS Capital Holdings Limited (AXIS), has launched a customisable cyber and specialist liability coverage insurance policy to Canadian companies with up to $2 billion in revenue. The policy,...

Posted: May 07, 2025