Reinsurance News
Baldwin Group names Valerio as COO, Insurance Advisory Solutions
7th November 2025
The Baldwin Group, an independent insurance distribution firm, has appointed Joe Valerio as Chief Operating Officer (COO) of Insurance Advisory Solutions (IAS), the firm’s retail property and casualty and employee benefits brokerage business. In his new role, Valerio will drive IAS’ operational excellence and vanguard client experience outcomes. He will report to ... Read the full article
Nirvana and Pulse merge to create specialty MGA platform
7th November 2025
Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a significant specialty MGA platform with enhanced capabilities across five lines of business: Media, Technology & Cyber, Accident ... Read the full article
Kestrel Group reports Q3’25 total revenue of $17.4m
6th November 2025
Kestrel Group Ltd, a recently established specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, has reported total third quarter 2025 revenues of $17.4 million compared to $752 thousand in Q3’24. The firm has reported earnings for the second time since closing its business combination ... Read the full article
We expect strong year for reinsurer profitability in 2025, discipline key at 1.1: AM Best
6th November 2025
AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, supported by a relatively benign third quarter for catastrophe activity, while emphasising that reinsurers must maintain discipline at the upcoming January 1st renewals, where rates are expected to soften. Speaking at AM Best’s Europe Insurance Market ... Read the full article
Juniper Re expands with New York City office and appointment of Bo Wulsin as Broker
6th November 2025
Juniper Re, a reinsurance brokerage firm, has announced the opening of its New York City office and the appointment of Bo Wulsin as Broker. Wulsin joins Juniper Re with ten years of experience in the re/insurance industry, having previously held broking positions at Lockton and Guy Carpenter. He is recognised for his ... Read the full article
Slide reports record numbers in Q3’25 with 48.5% CoR and $111m net income
6th November 2025
Slide Insurance Holdings, Inc, has announced its financial results for the third quarter of 2025, reporting a significant net income increase, to $111 million, gross premiums written growth of 33.8%, and record low combined ratio of 48.5%. This year’s Q3 net income more than sextupled from the $17.6 million reported in ... Read the full article
White Mountains’ Ark/WM Outrigger sees GWP soar as CoR improves
6th November 2025
White Mountains has reported Q3 2025 results for its property and casualty re/insurance segment, Ark/WM Outrigger, which recorded gross written premiums of $366 million and an improved combined ratio of 73%. Ark/WM Outrigger also saw net written premiums reach $287 million in Q3 2025, while net earned premiums grew to $542 ... Read the full article
The Fidelis Partnership launches Construction Consortium for AI data centres
6th November 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the launch of a new consortium targeting risks associated with the construction of artificial intelligence (AI) data centres. With estimates suggesting that the AI data centre market could rapidly represent billions in new premium a year, the consortium aims ... Read the full article
Howden expands marine insurance services into Japan
6th November 2025
Howden, an insurance brokerage and risk advisory firm, has officially launched its marine insurance services in Japan, marking an important step in its continued growth across Asia. The new operations will be led by Koji Aragane, Marine Director, who brings extensive experience and a proven background in maritime insurance. Aragane’s leadership reflects ... Read the full article
Insured losses from Hurricane Melissa impacts in Jamaica and Cuba to hit $2.4bn: KCC
6th November 2025
The privately insured loss from Hurricane Melissa damages to residential, commercial, and industrial properties in Jamaica and Cuba is expected to hit $2.4 billion, based on Karen Clark & Company's (KCC) high-resolution Caribbean Hurricane Model. Catastrophe risk modeller KCC explained that despite this storm devastating parts of Jamaica and Cuba, the ... Read the full article
Allstate’s total revenues reach $17.3bn in Q3’25 amid lower cat losses
6th November 2025
Allstate Corporation reported total revenues of $17.3 billion in Q3 2025, up $628 million, or 3.8%, from the same quarter in 2024. Net income applicable to common shareholders reached $3.7 billion in Q3 2025, compared with $1.2 billion in Q3 2024, reflecting strong operating performance across the enterprise. Catastrophe losses also declined ... Read the full article
Jeff Bright to lead Carbon’s US strategy as Underwriting Director
6th November 2025
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Jeff Bright as Underwriting Director, effective November 3rd, 2025. The appointment marks a key milestone in Carbon’s long-term ambition to expand in the US. In the last five years, Carbon’s premiums grew from £15 million ... Read the full article
There’s an opportunity to bring fresh parametric capacity to Asia: Qin, Descartes
6th November 2025
Descartes Underwriting, the specialist in corporate parametric solutions, sees a growing opportunity to bring fresh, sustainable parametric capacity to Asia, particularly within frequency layers where insurers are facing higher retentions, according to Ben Qin, Head of Asia Pacific. In an interview with Reinsurance News around the Singapore International Reinsurance Conference (SIRC), ... Read the full article
SCOR expands Beazley’s role to CCO of SCOR Business Solutions
6th November 2025
French carrier SCOR, one of Europe's big four reinsurance companies, has expanded Christopher Beazley's role at the firm, adding the role of Chief Commercial Officer (CCO) of SCOR Business Solutions to his responsibilities, whilst retaining Chief Executive Officer (CEO) of SCOR UK and SCOR Syndicate. This appointment, effective November 1st, 2025, ... Read the full article
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
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