Reinsurance News
Generali’s operating result up 8.7% in H1’25 with improved CoR
7th August 2025
Global insurer Generali has announced its financial results for the first half of 2025, reporting a consolidated operating result of €4,049 million, up 8.7% compared to the same period last year, as well a slight increase of 0.9% in gross written premiums and an improved combined ratio of 91%. Growth in ... Read the full article
Bowhead Specialty’s net income soars 123% to $12.3m in Q2’25
7th August 2025
Bowhead Specialty Holdings Inc., a provider of casualty and professional liability products, reported a net income of $12.3 million for the second quarter of 2025, a significant increase of 123.1% from $5.5 million in the same quarter a year earlier. Adjusted net income rose 61.9% to $12.8 million in Q2’25, up ... Read the full article
OnRe appoints Tunde Olowofila Head of Reinsurance
7th August 2025
OnRe, a global on-chain reinsurance company, has announced the appointment of experienced industry professional, Tunde Olowofila, as its new Head of Reinsurance. In his new position, Olowofila will be responsible for OnRe’s underwriting strategy, which includes overseeing risk selection and portfolio construction as the company expands. He will also collaborate closely with ... Read the full article
Sollers and Phinsys partner to improve finance in insurance
7th August 2025
Sollers Consulting, a software integrator and operational advisor, and Phinsys Limited, a provider of consultancy and software solutions, have announced their partnership, a collaboration aimed at bringing advanced automation and efficiency to the finance functions of insurance companies. This alliance looks to address the growing need for insurers to modernise their ... Read the full article
Fitch warns of softening ahead for London market property re/insurance
6th August 2025
A new report from Fitch Ratings points to clear signs of significant softening in London market property re/insurance lines in 2025. The rating agency noted that pricing began to markedly decline from its 2024 peak at the 2025 mid-year renewals in the London market. Major losses have also weighed on profitability, most ... Read the full article
AXA XL appoints Higgens & Kelley to Americas Wholesale Solutions team
6th August 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Betsy Higgens as Head of Casualty and Megan Kelley as Head of Product within its Wholesale Solutions Team in the Americas. Higgens brings over 16 years of expertise in the Excess & Surplus (E&S) ... Read the full article
IGI reports increased net income of $34.1m for Q2’25
6th August 2025
International General Insurance Holdings Ltd. (IGI) has announced its financial results for the second quarter of 2025, reporting a net income of $34.1 million, an increase of 3.9% over the $32.8 million reported for the second quarter of 2024, although the combined ratio increased to 90.5%. The annualized return on average ... Read the full article
BHSI launches Program business in Canada led by David Tran
6th August 2025
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has launched a Programs business in Canada, which will be led by David Tran. Tran has been appointed Head of Programs, Canada, and will be responsible for launching and leading program strategies, including a new national ... Read the full article
CatIQ raises 2024 Calgary hailstorm industry loss estimate to CAD 3.29bn
6th August 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth industry loss estimate for the hailstorm that affected Calgary, Alberta, on 5th August 2024, raising the total to CAD 3.29 billion. This marks a slight increase from the fourth estimate, issued six months after the ... Read the full article
We don’t believe it’s a soft market, most classes we write more than adequately priced: Lancashire CEO
6th August 2025
Insurance market conditions remain favourable with most lines of business well priced, and while rates have come down from recent highs, Alex Maloney, CEO of Bermuda-based insurer and reinsurer Lancashire, has said after seven years of aggregate rate change, you don't transition to a soft market in six months. Speaking recently ... Read the full article
Resilience names James C. Riviezzo as Head of NA Distribution & Strategy
6th August 2025
Resilience, a provider of cyber risk solutions, has appointed James C. Riviezzo as Head of North American Distribution and Strategy. The appointment follows a time of significant growth for Resilience as it continues to expand its enterprise client base and strengthens its position as an innovator in the cyber risk management ... Read the full article
Hippo’s revenue increased 31% to $117m in Q2’25
6th August 2025
Home insurance firm Hippo reported a 31% year over year increase in revenue to $117 million in the second quarter of 2025, driven by growth in gross earned premium and higher premium retention. Gross written premium rose 16% to $299 million, supported by organic growth in existing business and the launch ... Read the full article
Talanx’s retail division sells its Argentinian and Uruguayan subsidiaries to BARBUSS
6th August 2025
The Retail International division of European insurer Talanx Group has sold its Argentinian and Uruguayan entities to BARBUSS, a global holding company providing a range of insurance, claims management and financing solutions. Both entities are now owned by BARBUSS S.A., except for a remaining 10% portion of HDI Seguros Uruguay, which ... Read the full article
The Baldwin Group’s total revenue grows to $378.8m in Q2’25
6th August 2025
The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the second quarter of 2025, reporting total revenue growth of 11% year-over-year despite a net loss of $5.1 million. The company’s total revenue stood at $378.8 million for Q2 2025, which compares to the $339.8 million reported ... Read the full article
Nexus Mutual responds to Arcadia Finance exploit, reinforcing commitment to onchain protection
6th August 2025
Nexus Mutual, a decentralised risk protection platform that provides crypto-native cover, responded swiftly following a smart contract exploit on Arcadia Finance that occurred on July 15, which led to losses of approximately $3.6 million. The exploit allowed an attacker to directly withdraw funds from user accounts, affecting several individuals who held ... Read the full article
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