Reinsurance News
WTW and Klarity partner to enhance life insurance pricing with wearable tech data
6th August 2025
WTW, an advisory and broking firm, is working with UK-based health data analytics company Klarity to test whether wearable technology can improve how life insurers assess and price individual risk. Current life insurance underwriting methods typically rely on factors like cholesterol levels, blood pressure, BMI, smoking status, and family medical history. While ... Read the full article
UIB International sells minority stake in UIB India
6th August 2025
UIB International Ltd, the holding company for the UIB Group’s global investments, has announced the sale of its minority shareholding in UIB Insurance Brokers (India) Private Ltd (UIB India) to Edme Services Private Ltd, an affiliate of Samara Capital, an Indian private equity firm. The transaction, a collaboration with majority shareholders ... Read the full article
Corebridge reports 10% APTOI increase in Q2’25 despite net loss
6th August 2025
Corebridge Financial, an American multinational financial services company, has announced its financial results for the second quarter of 2025, reporting an adjusted pre-tax operating income (APTOI) of $942 million despite a net loss of $660 million. Q1 2025’s net loss compares to a gain of $365 million reported in the same ... Read the full article
Optio completes acquisition of Luxembourg-based MGA Circles Group
6th August 2025
Optio Group, a specialty managing general agent (MGA), has completed its acquisition of the Luxembourg-based MGA Circles Group (Circles). The transaction, initially announced in October 2024, reportedly marks Optio’s largest acquisition in Europe to date. Founded in 2001, Circles specialises in contingency and special risks insurance. With over €50 million in ... Read the full article
Lancashire sees insurance revenue hit $930.1m in H1’25
6th August 2025
Lancashire has reported insurance revenue of $930.1 million for the first half of 2025, an increase of $76 million, or 8.9%, compared to the same period in 2024. Of that total, the reinsurance segment contributed $450.6 million, while the insurance segment generated $479.5 million. Meanwhile, the firm's gross premiums written increased by ... Read the full article
Howden Re secures full reinsurance license to operate from Dubai International Financial Centre
6th August 2025
Howden Re, the global reinsurance broking arm of Howden Group, has received a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC), with Julian Samengo-Turner and Attilio Tornetta to co-lead the firm's Dubai operations. This new Dubai license strengthens Howden Re’s ... Read the full article
Insured losses in 2025 could exceed $150bn following costly H1: Swiss Re
6th August 2025
The Swiss Re Institute has revealed that global insured losses from natural catastrophes hit $80 billion in H1 2025, which is almost double the 10-year average and more than half of the firm's projected full-year figure of $150 billion. According to the Swiss Re Institute, the Los Angeles County wildfires in January ... Read the full article
Rothesay completes £900m buy-in with National Grid
6th August 2025
Rothesay, a pensions insurance specialist, has completed a £900m buy-in with the National Grid UK Pension Scheme in July 2025, securing the benefits of 7,130 pensioners and their dependents. The transaction brings the total value of the Scheme’s de-risked liabilities with Rothesay to £4.5 billion, following previous buy-ins of £800 million ... Read the full article
Nexus Underwriting adds SCOR’s Eamonn Long as CUO for Alternative Risk Transfer
6th August 2025
Nexus Underwriting, a Brown & Brown group subsidiary, has appointed Eamonn Long as Chief Underwriting Officer (CUO) for its Alternative Risk Transfer (ART) business. In his new role, Long supports and grows Nexus’s service in ART, translating complex structures into successful transactions, and collaborating closely with capacity providers and producing brokers ... Read the full article
Hiscox Re & ILS reports top-line growth but LA wildfires dent H1’25 underwriting result
6th August 2025
Hiscox Re & ILS, which comprises the global insurer's reinsurance businesses in London and Bermuda and insurance-linked securities (ILS) activity, posted a 7% rise in insurance contract written premium (ICWP) for the first half of 2025 to $887.3 million, although the combined ratio increased to 95.1% as a result of ... Read the full article
PartnerRe reports net income of $493m for H1’25 despite non-life underwriting loss
6th August 2025
Bermuda-based reinsurer PartnerRe has reported net income of $493 million for the first half of 2025, up on the prior year's $362 million by 36% despite the non-life segment falling to an underwriting loss as a result of the January California wildfires and reserve strengthening on prior years. The non-life business ... Read the full article
AM Best: US L/A insurers shift toward mortgages and alternatives as bond yields
6th August 2025
According to a recent report from AM Best, a credit rating agency, the bond portfolio yield for the US life/annuity (L/A) insurance industry rose to its highest point in ten years in 2024, increasing by 22 basis points to 4.79%. However, AM Best notes that this rise came alongside a significant ... Read the full article
Tysers appoints Desmond Cheok as Associate Director, P&C in Singapore
6th August 2025
Tysers, an independent Lloyd’s insurance broker and part of the Australian AUB Group, has announced the appointment of Desmond Cheok as Associate Director, Property & Casualty (P&C), in Singapore. In his new role, Cheok will report to Tim Stokes, Senior Managing Director, P&C. He will be responsible for driving the development ... Read the full article
J.C. Flowers acquires Italian insurance brokerage Caleas
6th August 2025
J.C. Flowers & Co. (JCF), a private investment firm dedicated to investing in the financial services industry, has announced that investment vehicles affiliated with JCF (JCF Funds) have acquired Caleas Srl, a Milan-based insurance brokerage. This acquisition is part of JCF’s ongoing strategy to consolidate its presence in the Italian insurance ... Read the full article
Property cat ROEs ‘still very attractive’, rate declines not always across the board: Arch CEO
5th August 2025
Bermuda headquartered insurance and reinsurance company, Arch Capital Group Ltd., expanded its property catastrophe reinsurance writings, particularly in Florida, during the second quarter of 2025, and Chief Executive Officer (CEO), Nicolas Papadopoulo, believes that ROEs in the line remain "very attractive." Group-wide, Arch expanded its gross premiums written (GPW) by ... Read the full article
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