Reinsurance News
American Coastal Q3’25 net income increases to $32.5mn with improved CoR
6th November 2025
American Coastal Insurance Corporation has announced its financial results for the third quarter of 2025, reporting a net income of $32.5 million, which compares to the $28.1 million seen in the same period last year. The property and casualty insurance holding company attributed the increase in net income to gross premiums ... Read the full article
AXA XL Reinsurance CEO Renaud Guidée on closing Asia’s protection gap: SIRC 2025
6th November 2025
In a recent Reinsurance News interview, Renaud Guidée, Chief Executive Officer of AXA XL Reinsurance, discussed the priorities shaping client conversations and market strategy at this year’s Singapore International Reinsurance Conference (SIRC). Guidée said his interactions with clients will centre on “looking at adequately priced risk” and noted clients look for ... Read the full article
Long-term partnerships are driving stability in Property (D&F and Binders) treaty reinsurance market: Howden Re
6th November 2025
As 2025 draws to a close, Howden Re, a reinsurance intermediary and advisory business known for its independent model and client-focused approach, offers its perspective on how relationships are shaping the current Property (D&F and Binders) treaty reinsurance landscape. According to Howden Re’s latest outlook, the market is experiencing what it ... Read the full article
Cotality estimates total insured losses from Hurricane Melissa at $1.5bn
6th November 2025
Cotality has estimated that total insured losses from Hurricane Melissa, which recently devastated Jamaica, will be around $1.5 billion, within a range of $1 billion to $2.5 billion, while total property damage from wind, storm surge, and flooding is expected to range between $5 billion and $9 billion. It is important ... Read the full article
Investment in energy transition, climate mitigation & adaptation to cross $80trn by 2040: Swiss Re
6th November 2025
According to global reinsurer Swiss Re, investments in energy transition, climate mitigation, and adaptation are projected to exceed $80 trillion by 2040, reflecting the accelerating pace of global decarbonisation efforts. The company says this marks a shift from experimentation to large-scale deployment, demonstrating how the growing global energy transition is reshaping ... Read the full article
Zurich’s 9M’25 top line boosted by record $38.9bn P&C premiums
6th November 2025
Large insurer Zurich Insurance has delivered strong top-line growth in the first nine months of 2025, with its property & casualty (P&C) segment reporting record gross written premiums of $38.9 billion, an 8% increase driven by exceptional retail growth and sustained momentum in commercial insurance. Zurich explained that GWP in P&C ... Read the full article
Hiscox Re & ILS grows ICWP to $525.6m in 9M’25
6th November 2025
Hiscox Re & ILS, which includes the global insurer’s reinsurance operations in London and Bermuda as well as its insurance-linked securities (ILS) business, reported insurance contract written premiums (ICWP) of $525.6 million for the first nine months to 30 September 2025, up from $491 million in the same period of ... Read the full article
Allianz joins The Spark with Sirma Boshnakova appointed to Advisory Board
6th November 2025
The Spark, the insurance industry’s first Global Prevention Lab, has announced that global insurer Allianz has joined as a member, with Sirma Boshnakova, Member of the Board of Management of Allianz SE, appointed to The Spark’s Global Advisory Board. Launched at the Monte Carlo Rendez-Vous in September 2025, The Spark ... Read the full article
AI-centred InsurTechs dominate as global funding hits $1.01bn in Q3: Gallagher Re
6th November 2025
According to a new report from Gallagher Re, global InsurTech funding was $1.01 billion in Q3 2025, down 7.3% from the $1.09 billion recorded in the prior quarter. Gallagher Re observed a marked drop in deal count, with just 76 deals in Q3 2025, the lowest total since Q2 2020. Overall, quarterly ... Read the full article
UNDP, BMZ, Generali, and ICMIF Foundation launch global inclusive insurance programme covering 30 countries
6th November 2025
The United Nations Development Programme (UNDP), the German Federal Ministry for Economic Cooperation and Development (BMZ), global insurer Generali Group, and the International Cooperative and Mutual Insurance Federation (ICMIF) Foundation have announced early results from their joint global initiative, the world’s largest inclusive insurance innovation programme, set to benefit 2.7 ... Read the full article
Legal & General secures £96m pension buy-in for Cosworth Racing Limited Fund
6th November 2025
Legal & General Assurance Society Limited (L&G), a subsidiary of Legal & General Group plc and a UK financial services provider, has completed a £96 million buy-in with the Cosworth Racing Limited Pension Fund, with the transaction securing the pension benefits of more than 1,000 retired and deferred members. The Fund ... Read the full article
Hippo reports net income of $98m for Q3’25, up from net loss of $9m last year
5th November 2025
Home insurance firm Hippo reported net income of $98 million for the third quarter of 2025, compared to a net loss of $9 million last year, driven by a $91 million net gain on the sale of the homebuilder distribution network and improved underwriting results. For the quarter, Hippo’s adjusted net ... Read the full article
Conduit Re in ‘full preparation mode’ as market discipline holds and rates begin to soften: CEO Eckert
5th November 2025
During a recent interview, Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said the company reported a benign third quarter, reaffirming its guidance for year-end as the market shows early signs of rate softening in property catastrophe and retrocession. In its Q3’25 results, Conduit ... Read the full article
Everest renewal rights deal a “great opportunity to grow faster”: AIG, Jon Hancock
5th November 2025
Jon Hancock, EVP & CEO of International Commercial and Global Personal Insurance at AIG, said the recent renewal rights deal with Everest is a great opportunity to accelerate growth for AIG’s already robust commercial business, while also benefiting brokers and clients. In October 2025, Everest Group entered into definitive agreements ... Read the full article
David Jones to join AXA XL as CUO Retail
5th November 2025
AXA XL, the property and casualty division of AXA Group, has announced the appointment of David Jones as Chief Underwriting Officer (CUO) Retail, UK & Lloyd's, a London-based role. In his new position, starting Spring 2026, Jones will be responsible for developing and executing the underwriting strategy for AXA XL’s UK ... Read the full article
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