Reinsurance News
Conduit Re grows top line 9% but catastrophe and risk losses dent H1’25 underwriting result
30th July 2025
Bermuda-based reinsurer Conduit Re fell to a comprehensive loss of $13.5 million with a negative reinsurance service result of $15.2 million in the first half of 2025, as the discounted net loss ratio increased significantly year-on-year to 95.8% as a result of the highly active period of natural catastrophe events ... Read the full article
Cincinnati reports net written premium growth of 11% in Q2’25
30th July 2025
Cincinnati Financial Corporation has reported growth of 11%, or $274 million in property and casualty (P&C) net written premiums to $2.7 billion for the second quarter of 2025, driven by price increases, premium growth initiatives and a higher level of insured exposures. The results reveal that the contribution to net written ... Read the full article
Mosaic launches tailored cyber and crime coverage for digital asset companies
30th July 2025
Mosaic Insurance, a specialty insurer known for underwriting complex and emerging risks, has expanded into the digital asset space with a new insurance solution designed specifically for this fast-growing industry. The offering combines cyber and financial institutions (FI) crime coverage, addressing long-standing gaps in protection for businesses operating in digital finance ... Read the full article
Aon appoints Natalie Rose as Bermuda Insurance Vertical Leader, Reinsurance Solutions
30th July 2025
Global insurance and reinsurance brokerage Aon has appointed Natalie Rose as its new Bermuda Insurance Vertical Leader, part of the firm’s Reinsurance Solutions segment. In the new role, she will focus on strengthening the broker’s client relationships. Rose has over two decades of international re/insurance industry experience, operating in client-facing roles at ... Read the full article
Swiss Re highlights growing health and mortality protection gaps across Asia
30th July 2025
Swiss Re, a reinsurer known for its expertise in risk management and insurance solutions, has released a detailed report exposing the widening gaps in health and mortality protection across Asia. The report includes findings from a survey involving more than 12,000 consumers in 12 different markets, offering valuable insights into the ... Read the full article
LCP urges general insurance actuaries to review modelling assumptions
29th July 2025
As insurers prepare for 2026 amid softening market conditions and a shifting risk landscape, LCP is urging general insurance actuaries to review their modelling assumptions to ensure capital models remain robust—factoring in climate risks alongside expected loss ratios and economic uncertainty. Insurance experts at LCP recommend that actuaries closely monitor signs ... Read the full article
Munich Re Specialty North America promotes Claudia Carnevale to Head of NA Programs
29th July 2025
Munich Re Specialty – North America, part of the insurance operations of global reinsurer Munich Re, has announced the promotion of Claudia Carnevale to Head of North America Programs. In this role, Carnevale will oversee the company’s North America Programs, including dedicated teams serving the U.S. and Canadian markets, as well ... Read the full article
The Hartford sees Q2’25 net income and premium growth with lower cat losses
29th July 2025
US-based insurer The Hartford has announced its financial results for the second quarter of 2025, reporting a 35% increase in net income, and 8% growth in Property & Casualty (P&C) written premiums. According to the firm, the increase in Q2 2025’s P&C written premiums was driven by Business Insurance and Personal ... Read the full article
Everest appoints Catherine Soyka as AVP, Reinsurance Underwriting, Singapore
29th July 2025
Everest Reinsurance, the reinsurance division of Everest Group, has announced that Catherine Soyka is joining its team in Singapore as Assistant Vice President (AVP), Reinsurance Underwriting for Oceania. Soyka brings 15 years of industry experience to the role, with a strong track record in treaty underwriting across the Asia Pacific region. She ... Read the full article
Cincinnati buys additional $300m of property cat reinsurance at July renewal
29th July 2025
Cincinnati Financial Corporation has announced that it purchased an additional layer on its property catastrophe reinsurance treaty with a limit of $300 million, effective July 1st, increasing the total limit from $1.5 billion to $1.8 billion. According to the company’s quarterly report, Cincinnati retains 57.2% of losses between $1.5 billion and ... Read the full article
Marsh McLennan maintains top global broker spot by revenue for 15th year
29th July 2025
Marsh McLennan remains the top global insurance and reinsurance broker by total revenue for the 15th consecutive year, increasing its revenue by $1.72 billion to $24.46 billion in 2024, while several other brokers maintained their positions in the top 20 and new firms joined the list. These insights ... Read the full article
Mercury prepares homeowners insurance rate filing using Verisk Wildfire Model
29th July 2025
Mercury Insurance, a provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of Insurance’s (CDI) recently approved Verisk Wildfire Model. Last week, the CDI completed its review of the Verisk Wildfire Model for use by insurers in assessing wildfire risk and property ... Read the full article
Shelley Yim appointed as Aon’s Northern California Market Leader
29th July 2025
Aon, a professional services firm providing risk, retirement, and health solutions, has appointed Shelley Yim as the new Market Leader for Northern California, effective August 1. In this role, Yim will lead efforts to drive growth, strengthen client relationships, support colleague engagement, and foster community involvement throughout the region. She brings extensive ... Read the full article
SageSure & Anchor Re secure $50m with debut reinsurance sidecar Seawall Re
29th July 2025
SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidecar transaction with Seawall Re. This inagural sidecar transaction with Seawall Re, a newly formed Bermuda-based special purpose insurer ... Read the full article
Brown & Brown grows premium revenue 8.2% in Q2’25 despite 10% drop in net income
29th July 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, announced its financial results for the second quarter of 2025, reporting solid organic revenue growth despite a decline in net income. For the quarter, income before income taxes decreased 10.1% to $311 million, with the income before income taxes margin ... Read the full article
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