Reinsurance News

The Baldwin Group sees total revenue increase 8% to $1.5bn in 2025

27th February 2026

Following what it described as a “year of significant progress” in 2025, The Baldwin Group has reported total revenue of $1.5bn, an increase of approximately 8% year on year, and authorised a $250m share repurchase programme. Despite the top-line improvement, Baldwin recorded a GAAP net loss of roughly $54 million for ... Read the full article

Bishop Street Underwriters gets $125m funding from White Mountains

27th February 2026

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. Recently, in its 2025 result announcement, Bishop Street disclosed that it surpassed $650 million in gross written premium while having a sub-50% portfolio loss ratio. Earlier this ... Read the full article

Geopolitical shifts present strategic challenges and opportunities, says Marsh

27th February 2026

Marsh, a firm specialising in risk, reinsurance, capital, and management consulting, has highlighted the growing challenges posed by an accelerating geopolitical transition. According to Marsh, this period represents a level of complexity not seen in decades, with implications for trade, finance, conflict, and digital infrastructure. Marsh suggests that organisations that view this ... Read the full article

Exzeo Group announces flood insurance partnership with Tokio Marine Highland

27th February 2026

Exzeo Group, Inc., a technology-driven insurance distribution and services company, has announced a strategic partnership with Tokio Marine Highland, a wholly owned subsidiary of Tokio Marine Kiln, an international specialty insurer. Through this agreement, Exzeo will distribute TMH2O, Tokio Marine Highland’s primary residential flood insurance product. The addition of TMH2O expands ... Read the full article

VIG Re becomes an Associate Member of the SRA

27th February 2026

VIG Re, the reinsurance arm of Vienna Insurance Group, has announced that it has become an Associate Member of the Singapore Reinsurers’ Association (SRA). Established in 1979, the SRA plays a key role in fostering dialogue, professional excellence, and collaboration across the re/insurance industry. VIG Re said that joining the association marks ... Read the full article

Despite some taking more risk, Swiss Re’s ‘share of wallet didn’t reduce’ at Jan renewal: CEO Berger

27th February 2026

Although some large buyers of reinsurance decided to take more risk at the January 1st renewal season, global reinsurer Swiss Re's share of wallet in the market didn't reduce as buyers still need lead reinsurance partners, according to Andreas Berger, Group Chief Executive Officer (CEO) at Swiss Re, one of ... Read the full article

Marc Roston joins Hamilton’s Board of Directors

27th February 2026

Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced the appointment of Marc Roston to its Board of Directors as a shareholder director by Magnitude Capital, LLC. Roston replaces Hawes Bostic, who has served on the Hamilton Board since 2022 and is currently Chief Investment Officer at Magnitude Capital. Roston ... Read the full article

Saudi Re’s revenue increases 48% in 2025, net profit stands at SAR 140m

27th February 2026

MENA-region reinsurer Saudi Re has announced its financial results for the full year 2025, reporting SAR 1.67 billion in revenue, a 48% increase compared to the same period of the previous year. According to the firm, this growth was supported by expansion across multiple business lines, both domestically and internationally. While revenue ... Read the full article

Swiss Re to nominate former Hannover Re CEO Henchoz to serve as Board member

27th February 2026

Global reinsurer Swiss Re's Board of Directors plans to nominate Jean-Jacques Henchoz, the former Chief Executive Officer (CEO) of large reinsurer Hannover Re, for election as a new, Non-Executive and Independent member of the Board. The appointment is expected to last for a one-year term. Simultaneously, Larry Zimpleman, who has served ... Read the full article

Miller to acquire Dubai-based reinsurance broker Shields

27th February 2026

Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly complementary to its re/insurance strategy and broader multinational expansion, further strengthening its established footprint across the EMEA market. The ... Read the full article

Brit’s profits hit $651.8m in 2025 as Bermuda reinsurance platform expands

27th February 2026

Brit Insurance has disclosed its results for 2025, highlighting profits for the year of $651.8m, an increase of 36.2% from 2024, while insurance premiums written expanded to $3.09bn from $2.98bn. Brit also reported a return on net tangible assets of 28.8% for 2025, up from 25.8% in 2024. The combined ratio after ... Read the full article

PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn

27th February 2026

PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This second estimate compares to the initial loss estimate of AUD 2.663 billion issued ... Read the full article

Fidelis makes preparations for new Pelagos branded entities in Bermuda

27th February 2026

Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple names, it is understood that not all may be used, as they may just ... Read the full article

Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn

27th February 2026

Global reinsurer Swiss Re's Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lower-than-expected large natural catastrophe burden. Group-wide, Swiss Re generated insurance revenue of ... Read the full article

HCI reports significant rise in net income to $108m in Q4’25

27th February 2026

HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-tax income amounted to $144 million, up from $6 million in ... Read the full article