Reinsurance News
Aon’s Reinsurance Solutions delivers 6% organic revenue growth to $688m in Q2’25
25th July 2025
Aon, the global insurance and reinsurance broking group, achieved total revenue growth of 11% to $4.2 billion in the second quarter of 2025, with organic growth of 6% in its Reinsurance Solutions arm on the back of double-digit increases in insurance-linked securities (ILS) and facultative placements. Q2 2025 was another strong ... Read the full article
CDI completes review of Verisk’s wildfire model to help address California’s coverage crisis
25th July 2025
The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it for use by insurers in assessing wildfire risk and property insurance ratemaking—marking it as the first catastrophe model to successfully complete evaluation under the state’s new regulatory framework. This marks a ... Read the full article
Universal’s direct premiums written grows 3.2% to $597m in Q2’25
25th July 2025
Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a 3.2% increase in direct premiums written to $596.7 million in the second quarter of 2025, from $578.2 million a year earlier, driven by a 25.4% growth in other states, slightly offset by a 2.5% decrease in Florida. For this ... Read the full article
Cayman Islands Monetary Authority issued 21 new international insurance licences in H1’25
25th July 2025
The Cayman Islands Monetary Authority (CIMA) granted a total of 21 new international insurer licenses in the first half of 2025, as commercial insurance, reinsurance, and captive sectors continue to expand in the region. This was reported in the recently published Q2 2025 licensing statistics by the CIMA. The total number includes ... Read the full article
Everest’s Glen Browne joins AIG as Global Head of Accident & Health
25th July 2025
Global insurer American International Group, Inc. (AIG) has appointed Glen Browne as its new Global Head of Accident & Health (A&H), effective September 3rd, 2025. He will be based in Zurich, Switzerland and report to Jon Hancock, Executive Vice President and Chief Executive Officer (CEO), International Commercial Insurance and Global Personal ... Read the full article
LMA, IUA, and LIIBA report drop in trade credit insurance claims for 2024, with Africa leading totals
25th July 2025
A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market Association (LMA), the International Underwriting Association (IUA), and the London & ... Read the full article
Jensten names Kathleen Durling Director of Underwriting
25th July 2025
Jensten Underwriting, a managing general agent within the Jensten Group, has announced the appointment of senior industry specialist Kathleen Durling as Director of Underwriting. In her new role, Durling will spearhead two of Jensten Underwriting’s four strategic pillars: expanding specialist and niche underwriting capabilities and evolving a product roadmap aligned with ... Read the full article
Third Point secures $400m of investible capital for Insurance Solutions Fund
25th July 2025
Third Point LLC has secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, its first dedicated and rated structured private credit fund for insurance companies. According to Third Point, the Fund adds to its growing private credit platform, which expects to launch ... Read the full article
Starr appoints David Wang as Head of Financial Lines, Asia Pacific
25th July 2025
Starr Insurance, a provider of commercial property and casualty insurance, has announced the appointment of David Wang as Head of Financial Lines, Asia Pacific. Based in Singapore, Wang will lead the company’s growing Asia Pacific Financial Lines team, executing underwriting strategies and driving business performance across the region. He brings over 20 ... Read the full article
Donegal reports $16.9m Q2’25 net income with slight net premium decrease
25th July 2025
Donegal Group Inc., the US insurance company, has announced its financial results for the second quarter of 2025, reporting a rise in net income to $16.9 million and an improved combined ratio of 97.7%, while net premiums saw a slight decrease of 1.1%. Q2 2025’s net income improved from $4.2 million ... Read the full article
RenRe built one of its largest & most profitable property cat portfolios at mid-year renewal: CEO O’Donnell
24th July 2025
Bermuda-based reinsurer RenaissanceRe (RenRe) had a strong mid-year renewal and constructed one of its largest and most profitable net retained property catastrophe portfolios, with the firm's President and Chief Executive Officer (CEO), Kevin O'Donnell, revealing that 80% of Florida premium the company wrote was at private terms above market rates. Speaking ... Read the full article
Tokio Marine Kiln appoints Lucy Fraser as Cyber Risk Analyst
24th July 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Lucy Fraser as Cyber Risk Analyst. The appointment supports TMK’s continued expansion of its cyber risk offerings at a critical time, following a series of high-profile attacks—particularly against the retail sector, including the April 2025 attack on ... Read the full article
Goosehead posts 20% revenue growth, $1.2bn in total written premiums in Q2’25
24th July 2025
Goosehead Insurance, an independent personal lines insurance agency, reported total revenue of $94 million for the second quarter of 2025, up 20% compared to the same period a year prior, alongside an 18% increase in total written premiums to $1.2 billion. Core Revenues, a non-GAAP measure that excludes contingent commissions, initial ... Read the full article
MAPFRE RE reports strong H1’25 CoR and 1.3% premium growth
24th July 2025
MAPFRE RE, the reinsurance and global risk arm of Madrid-based insurer MAPFRE, has announced its H1 2025 financial results, reporting an increase in its combined ratio of 0.7 percentage points to 95.9% amid the costly California wildfires. The initial quarter of the year was significantly affected by the California wildfires, which ... Read the full article
Hagerty announces new fronting arrangement with Markel
24th July 2025
Hagerty, a specialty automotive insurer, has entered into a non-binding letter of intent (LOI) for a new fronting arrangement with Markel, marking a significant evolution in its successful partnership. Hagerty provides specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events, and automotive entertainment. Under ... Read the full article
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