Reinsurance News
Turner to lead Hiscox’s newly launched SML cover
8th August 2025
Harriet Turner has joined Hiscox’s London Market business to lead the insurer’s new sexual molestation liability (SML) cover. Turner is joining Hiscox from Beazley, where she held various roles in underwriting and strategy, including positions within the Chief Underwriting Officer's office. Her underwriting expertise spans employment practices liability, private D&O, and fiduciary ... Read the full article
CFC appoints Dan Keeler as Head of Digital Underwriting
8th August 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Dan Keeler to the newly created role of Head of Digital Underwriting. In this role, Keeler will drive innovation and efficiency in digital underwriting by leading the API partner strategy and overseeing Connect, CFC’s proprietary ... Read the full article
Tokio Marine international business profit rises 3.2% in Q1 FY25
8th August 2025
Tokio Marine Holdings has announced its financial results for the first quarter of the 2025 fiscal year, reporting a 3.2% rise in its international business profit to JPY 126.3 billion, while its international non life business profit decreased 12.3%, to JPY 113.7 billion. The company noted that its overall profit remained ... Read the full article
MS Re posts insurance service profit of $102m as CoR improves to 87.3% in Q1 FY’25
8th August 2025
MS Reinsurance (MS Re), a Switzerland-domiciled global reinsurer, reported an insurance service profit of $102 million for the first quarter of the fiscal year (January to March 2025), up $28 million from $74 million in the same period a year earlier. The company’s combined ratio improved to 87.3%, down 2.4 points ... Read the full article
US homeowners insurance market faces setback in early 2025 amid catastrophic events: AM Best
8th August 2025
According to a newly released analysis by AM Best, a credit rating agency and data provider specialising in the insurance industry, the US homeowners insurance segment experienced significant financial pressure in the first quarter of 2025. Following a year of marked improvement in 2024, the segment encountered its most challenging first ... Read the full article
White Mountains Ark/WM Outrigger sees GWP up to $815m with improved CoR
8th August 2025
White Mountains has released the second quarter of 2025 results for its property and casualty re/insurance segment Ark/WM Outrigger, revealing gross written premiums (GWP) of $815 million, with a combined ratio of 84%. GWP in Q2 2025 increased compared to Q2 2024’s $697 million, while the quarter’s combined ratio significantly improved ... Read the full article
HDI Global names Nils Langrehr as Head of Power Underwriting in Energy & Power Unit
8th August 2025
HDI Global, an international provider of commercial and specialty insurance, has appointed Nils Langrehr as Head of Power Underwriting within its cross-division Energy & Power Unit. The new role has been introduced as part of the company’s broader strategy to adapt to shifting demands in the global energy market, including those ... Read the full article
GIC Re’s profit soars 69% in Q1 as gross premiums reach ₹12,388 crore
8th August 2025
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a net profit of ₹1,752 crore for the first quarter ended June 30, 2025, up around 69% compared to the same period of the previous financial year. GIC Re's gross premium figure stood at ₹12,388 crore for ... Read the full article
Ambac reports 110% increase in Q2’25 total P&C premium production
8th August 2025
Insurance holding company Ambac Financial Group, Inc. has announced its financial results for the second quarter of 2025, reporting total revenues from continuing operations of $55 million, an 8% increase from the $51 million in Q2 2025, and a 110% increase in total P&C premium production, compared to the same ... Read the full article
MS Amlin Underwriting net income rises to £15m in Q1 FY’25
8th August 2025
MS Amlin Underwriting Limited (AUL), the Lloyd’s global insurer and reinsurer and Managing Agent of Syndicate 2001, reported a net income of £15 million for the first quarter of the fiscal year, up 36.36% from £11 million in the same period last year. Insurance service profit was £19 million, down £3 ... Read the full article
Property cat isn’t approaching a pain point, there is no soft market, says Munich Re’s Wenning
8th August 2025
Joachim Wenning, Chief Executive Officer (CEO) of global reinsurer Munich Re, said this morning that there is no soft market in property catastrophe reinsurance, rather the period of no major losses for reinsurance companies is over. Addressing the media after the release of a strong set of quarterly and half ... Read the full article
Aspen’s underwriting income climbs 25% in Q2’25 as CoR improves
8th August 2025
Aspen Insurance has continued to deliver a strong underwriting performance in Q2 2025, achieving a net combined ratio of 85.1% and underwriting income of $100 million. In the firm's Insurance Segment, underwriting income in Q2 2025 was $44 million with a combined ratio of 88.9%, marking a 1.7 percentage point improvement ... Read the full article
Africa Re launches Index-Based Livestock Insurance product in Nigeria
8th August 2025
Africa Re, in collaboration with the Livestock Productivity and Resilience Support Project (L-PRES), a consortium of insurance providers, and development partners, has launched an Index-Based Livestock Insurance (IBLI) product in Nigeria. The product was officially introduced at an event on July 24th, 2025, at the Transcorp Hilton in Abuja. The launch ... Read the full article
Sherbahn to lead Amiga Specialty’s new Hong Kong operations as MD of Financial Lines, APAC
8th August 2025
Amiga Specialty, the recently launched specialty managing general agent (MGA) has announced its expansion into the Asia Pacific market with the launch of a new Hong Kong operation, which is to be led by Ralph Sherbahn as Managing Director of Financial Lines, Asia Pacific. Sherbahn is set to drive the build-out ... Read the full article
Munich Re ‘well on track’ to reach annual target with H1’25 result of €3.2bn
8th August 2025
Munich Re, one of Europe's big four reinsurers, has confirmed its record-breaking profit of €2.1 billion for the second quarter of 2025, although for the first half of the year profit fell 15% to a still strong €3.2 billion, as the firm reports a 3.2% decrease in the volume of ... Read the full article
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