Reinsurance News
Broker feedback has been very positive: Pinpoint UK’s Powell
7th August 2025
In our latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC), and Darren Powell, CUO of Pinpoint UK, about their plans for the new MGA and progress as ASIC expands beyond North America into the London and ... Read the full article
India strategy shifts from investor to domestic operator: Allianz CEO
7th August 2025
Following the sale of its 26% stakes in its Indian life and non-life insurance joint ventures and a binding agreement to form a 50:50 reinsurance venture, Allianz CEO Oliver Bäte said the group always intended to run a domestic business rather than remain a passive investor, and is now looking ... Read the full article
Canopius net insurance revenue up 42% in H1’25
7th August 2025
International specialty and P&C re/insurer Canopius has announced its financial results for the first half of 2025, reporting a net insurance revenue increase of 42%, to $1.39 billion from $0.98 billion in H1 2024, and a net combined ratio (discounted) of 84.0%. The firm’s insurance contract written premium figure in H1 ... Read the full article
Shadow AI emerging as a major cyber threat, warns Consilium
7th August 2025
Shadow AI is emerging as a significant threat to businesses, responsible for 20% of data breaches and adding an average of $670,000 to breach costs for organisations with high levels of shadow AI, according to Consilium in the 2025 IBM Cost of a Data Breach Report. Shadow AI refers to the ... Read the full article
Russ Buckley to succeed Baker as Hamilton’s Group CRO
7th August 2025
Bermuda-based insurance and reinsurance company, Hamilton Insurance Group, has announced the appointment of Russ Buckley as Group Chief Risk Officer. He will be succeeding current Group Chief Risk Officer Alex Baker, who has been recently appointed Chief Executive Officer, Hamilton Global Specialty, effective September 1, 2025, subject to regulatory approval. Buckley will ... Read the full article
F&G partners with reinsurance sidecar backed by $1bn Blackstone capital
7th August 2025
F&G Annuities & Life, Inc. has entered into a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. Under the agreement, the reinsurer will provide long-term, on-demand growth capital to F&G through a forward flow reinsurance arrangement on a quota ... Read the full article
AIG reports GWP of $10bn for Q2’25 as GI underwriting income increases 46% YoY
7th August 2025
Global insurer American International Group, Inc. (AIG) has reported General Insurance (GI) gross written premiums (GWP) growth of 2% hitting $10 billion in Q2’25, compared to $9.9 billion in Q2’24, as the segment's underwriting result improved considerably year-on-year. For Q2’25, net premiums written (NPW) are reported at $6.9 billion, a decrease ... Read the full article
Zurich’s P&C segment delivers record profit of $2.4bn for H1’25
7th August 2025
Large insurer Zurich achieved a 6% year-on-year rise in Group business operating profit (BOP) to a record $4.2 billion for the first six months of 2025, with property and casualty (P&C) BOP rising 9% to an all-time high of $2.4 billion. Group-wide, net income increased by 1% to $3.1 billion for ... Read the full article
Liberty Mutual’s net income climbs 157% in Q2’25 on underwriting & investment gains
7th August 2025
Liberty Mutual Holding Company has reported Q2 2025 net income of $1.85 billion, up considerably from the $717 million disclosed in Q2 2024, driven by more disciplined underwriting and an excellent investment performance. Liberty Mutual’s Q2 2025 net written premium and total revenue declined to $11.2 billion and $12.5 billion, respectively, ... Read the full article
Allianz posts €4.4bn operating profit for Q2’25 with strong P&C performance
7th August 2025
Global insurer Allianz has reported that its total business volume increased by 8% year-on-year to €44.5 billion in the second quarter of 2025, as operating profit across the Group rose 12% to €4.4 billion, with a particularly strong performance in the property and casualty (P&C) segment. Group-wide, shareholders’ core net income ... Read the full article
Almost $61bn has been raised and invested in InsurTechs since 2012: Gallagher Re
7th August 2025
As per a new report from reinsurance broker Gallagher Re, around $60.8 billion has been raised and invested in InsurTech firms since its records began in 2012, with around 25% directed toward AI-focused companies. Report author and Gallagher Re’s Global Head of InsurTech, Andrew Johnston, noted that while $60 billion represents ... Read the full article
Generali’s operating result up 8.7% in H1’25 with improved CoR
7th August 2025
Global insurer Generali has announced its financial results for the first half of 2025, reporting a consolidated operating result of €4,049 million, up 8.7% compared to the same period last year, as well a slight increase of 0.9% in gross written premiums and an improved combined ratio of 91%. Growth in ... Read the full article
Bowhead Specialty’s net income soars 123% to $12.3m in Q2’25
7th August 2025
Bowhead Specialty Holdings Inc., a provider of casualty and professional liability products, reported a net income of $12.3 million for the second quarter of 2025, a significant increase of 123.1% from $5.5 million in the same quarter a year earlier. Adjusted net income rose 61.9% to $12.8 million in Q2’25, up ... Read the full article
OnRe appoints Tunde Olowofila Head of Reinsurance
7th August 2025
OnRe, a global on-chain reinsurance company, has announced the appointment of experienced industry professional, Tunde Olowofila, as its new Head of Reinsurance. In his new position, Olowofila will be responsible for OnRe’s underwriting strategy, which includes overseeing risk selection and portfolio construction as the company expands. He will also collaborate closely with ... Read the full article
Sollers and Phinsys partner to improve finance in insurance
7th August 2025
Sollers Consulting, a software integrator and operational advisor, and Phinsys Limited, a provider of consultancy and software solutions, have announced their partnership, a collaboration aimed at bringing advanced automation and efficiency to the finance functions of insurance companies. This alliance looks to address the growing need for insurers to modernise their ... Read the full article
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