Reinsurance News
Web Connectivity Limited (WCL), a Zywave company, has announced the launch of its industry-first enhanced digital platform for Treaty risk placement in Bermuda. The WCL enabledPlacing platform streamlines the submission process by consolidating tr...
Posted: Oct 31, 2025
Insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.32 billion for the third quarter of 2025, compared to $2.8 billion in Q3’24, as the core brokerage and risk management segments combined de...
Posted: Oct 31, 2025
AXA XL Reinsurance, the P&C and specialty risk division of global insurer AXA, has announced the appointment of Dan McCrosson as Senior Underwriter, US Property Treaty, effective October 20th 2025. In his new role, McCrosson joins AXA XL Re’s...
Posted: Oct 31, 2025
Insurance and reinsurance broking firm Aon recorded organic revenue growth of 7% to $4 billion for the third quarter of 2025, with a strong performance across the business, including at Reinsurance Solutions which saw organic revenue growth of 8%...
Posted: Oct 31, 2025
Bermuda-based insurer and reinsurer SiriusPoint Ltd. reported core underwriting income of $69.6 million in the third quarter of 2025, up 11.4% from $62.5 million in the same period a year earlier, as growth in Insurance & Services income more...
Posted: Oct 31, 2025
United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has announced the appointment of Serene Chiam as Director – Broking Support, within the Treaty & Retro Division, UIB Asia. Based in Singapore, Chi...
Posted: Oct 31, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has launched Syndicate 2126 in partnership with funds managed by Blackstone, an alternative asset manager, following in-principle approval from the specialist Llo...
Posted: Oct 31, 2025
Enact Mortgage Insurance Corporation, the flagship legal entity of private mortgage insurance firm, Enact Holdings, Inc., has secured roughly $170 million of additional excess of loss (XOL) reinsurance as part of its diversified credit risk transf...
Posted: Oct 31, 2025
International specialty insurance firm, Ryan Specialty, saw its revenue grow 24.8% to $754.6 million for the third quarter of 2025 when compared with the prior year, with an organic growth rate of 15%. Ryan Specialty attributes the improved revenu...
Posted: Oct 31, 2025
Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treas...
Posted: Oct 31, 2025
Insurance broking group WTW achieved 5% organic revenue growth to $2.3 billion for the third quarter of 2025, flat year-on-year as a result of the sale of TRANZACT, while net income improved significantly to $306 million compared with a loss of $1...
Posted: Oct 31, 2025
French carrier SCOR, one of Europe’s big four reinsurance companies, has reported net income of €217 million for the third quarter of 2025, reversing the loss for the same period last year, as the property and casualty (P&C) combined rat...
Posted: Oct 31, 2025
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, reported a net income of $45.9 million for the third quarter of 2025, representing a 25.1% increase compared to $36.7 million in the same period a...
Posted: Oct 31, 2025
Hong Kong-based global reinsurer Peak Re has announced the appointment of Eun Jeong Lee as Senior Vice President (SVP), Retrocession. Lee brings deep expertise in reinsurance, actuarial science, and risk management, joining Peak Re after spending...
Posted: Oct 31, 2025
The insurance company Suncorp has received just over 5,500 claims, around 5,000 in Queensland and 500 in Victoria, with the net cost of the event expected to fall between $220 million and $260 million, with these estimates remaining preliminary, a...
Posted: Oct 31, 2025
The reinsurance arm of French insurer AXA’s property, casualty and specialty risk division, AXA XL Reinsurance, achieved, on a comparable basis, an 8% year-on-year increase in gross written premiums (GWP) and other revenues to €2.4 billion f...
Posted: Oct 30, 2025
Global Indemnity Group, LLC (GBLI) has announced its financial results for the third quarter of 2025, reporting 54% growth in current accident year underwriting income and a 19% increase in operating income. The company’s net income saw a slight d...
Posted: Oct 30, 2025
Global insurance broker Howden has appointed Uri Dallal as Executive Vice President (EVP), Financial Lines for its recently launched US retail offering. He joins the broker upon the completion of contractual obligations to his current employer, Ao...
Posted: Oct 30, 2025
Despite Hurricane Melissa’s significant human and economic toll on Jamaica, Cuba, and other Caribbean islands, the event’s cost to the global reinsurance sector is unlikely to alter overall market dynamics, though it may give underwriters added le...
Posted: Oct 30, 2025
Property and casualty insurer, The Hanover Insurance Group, saw its net income rise 75% year-on-year to $178.7 million in the third quarter of 2025, as the firm’s combined ratio strengthened by 4.4 percentage points to 91.1% on the back of a...
Posted: Oct 30, 2025
McGill and Partners, an independent global specialty insurance and reinsurance broker, and insurtech Artificial Labs are collaborating to develop a unified digital platform designed to enhance broking capabilities. This platform will enable broker...
Posted: Oct 30, 2025
Donegal Group Inc., an insurance holding company, reported net income of $20.1 million for the third quarter of 2025, up 19.9% from $16.8 million in the same period a year earlier. For the quarter, net premiums earned totalled $229.8 million, a 3....
Posted: Oct 30, 2025
The Bermuda Monetary Authority (BMA), Bermuda’s integrated regulator and supervisor for the financial services sector, continues to drive innovation in the Insurance Linked Securities (ILS) market. The BMA highlights that Bermuda’s ILS market is b...
Posted: Oct 30, 2025
Insurance Europe, the European insurance and reinsurance federation, calls for the European Commission to ‘stop the clock’ on the implementation of the Insurance Recovery and Resolution Directive (IRRD) legislative process. According to the organi...
Posted: Oct 30, 2025
Fitch Ratings assessed all large European composite insurers in its peer group as having ‘Strong’ to ‘Very Strong’ profitability, supported by diversified earnings sources that provide stability through cycles. The peer group comprises Allianz SE...
Posted: Oct 30, 2025