Reinsurance News
Bowhead Specialty reports net income and GWP growth for Q4 and FY 2025
24th February 2026
Bowhead Specialty, a provider of casualty and professional liability products, has announced its financial results for the fourth quarter of 2025, reporting a net income of $14.8 million and a 21.3% increase in gross written premiums (GWP). The firm’s net income for the quarter increased 9.1%, compared to the $13.6 million ... Read the full article
Liberty Mutual and Floodbase launch instant parametric flood quoting tool for US market
24th February 2026
Liberty Mutual, a US insurance provider, and Floodbase, a platform specialising in flood risk solutions, have launched an instant quoting application for parametric flood reinsurance in the United States. The tool enables wholesale and retail brokers to price parametric flood cover within minutes, simplifying a process that has traditionally been complex ... Read the full article
Sompo completes Aspen acquisition
24th February 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has successfully completed the acquisition of Aspen Insurance Holdings Limited through the purchase of 100% of the issued Class A ordinary shares of Aspen. The closing follows the initial $3.5 billion deal announced in August 2025. Mikio Okumura, Sompo Group CEO, ... Read the full article
Synpulse strengthens global leadership in Commercial Insurance & Reinsurance with new promotions
24th February 2026
Synpulse, a financial service consultancy, has promoted Marcel Loetscher to Senior Partner and Joel Smith to Partner within its Commercial Insurance, Reinsurance, ILS and Delegated Authority (CRID) practice. These appointments come at a time where insurers and reinsurers are reassessing their operating models due to mounting cost pressure and the need ... Read the full article
Octave Specialty Group’s P&C gross premiums up 34% for Q4’25
24th February 2026
Global specialty insurance firm, Octave Specialty Group, Inc. (Octave), formerly known as Ambac Financial Group, Inc., has reported increases of 34% and 978% in Everspan’s gross and net premiums written to $80 million and $23 million, respectively, for the fourth quarter of 2025. For comparison, in Q4’25, Everspan’s gross and ... Read the full article
Global AI adoption grows, but data protection & errors remain key challenges: Gallagher
24th February 2026
The widespread adoption of artificial intelligence (AI) continues to accelerate, with 82% of global businesses reporting positive impacts on their organisation, but data protection and errors remain the top challenges, according to Gallagher's third annual AI Adoption and Risk Survey. The survey of 1,200 global businesses highlights a rapid integration of ... Read the full article
Marsh Risk adds Angela Baker as Portfolio Solutions Leader for UK
24th February 2026
Marsh Risk, a business of insurance broker and risk advisor Marsh, has appointed Angela Baker as UK Marsh Portfolio Solutions Leader, effective immediately. In her new role, Baker is based in London and will report to Tom Davies, UK Placement Leader, Marsh Risk. She will work closely with Marsh Risk’s UK ... Read the full article
US P&C industry sees decade-high performance in 2025, AM Best reports
24th February 2026
The United States property and casualty (P&C) insurance sector recorded its strongest performance in ten years in 2025, driven by disciplined underwriting, robust pricing and investment gains, despite ongoing pressures from claim costs and liability exposure, according to credit rating agency AM Best. In its annual Review & Preview Best’s Market ... Read the full article
Price Forbes hires Davies to lead Bermuda property division
24th February 2026
Price Forbes has appointed Gareth Davies as Executive Vice President and Head of Property, effective immediately, with Davies to be based in Bermuda, where he will lead the strategic development and growth of the firm’s property division. Davies, who holds three decades of industry experience, joins Price Forbes from Lockton, where ... Read the full article
Skuld reports successful outcome for 2026/27 mutual P&I renewal
24th February 2026
Marine insurance provider Skuld has reported a successful and robust outcome for the 2026/27 mutual P&I renewal, reflecting disciplined underwriting, firm market positioning, and continued support both from existing and new members. Skuld owners’ mutual P&I book of business grew to 128 million gross tonnage (GT), representing a 6% increase in ... Read the full article
Skyward Specialty reports $43.2m net income and improved CoR for Q4’25
24th February 2026
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, has announced its financial results for the fourth quarter of 2025 reporting a net income of $43.2 million, a 13.2% increase in gross written premiums and a combined ratio of 88.5%. Q4 2025 net income saw significant improvement compared ... Read the full article
SCOR’s Chris Beazley joins the IUA Board
24th February 2026
The Board of the International Underwriting Association (IUA) has announced the addition of Chris Beazley, Chief Commercial Officer at SCOR Business Solutions and Chief Executive Officer of SCOR UK and SCOR Syndicate, to its ranks. The IUA Board is responsible for governing and overseeing the association’s work to secure an optimal ... Read the full article
B.P. Marsh views sustained M&A wave as strategic opportunity
24th February 2026
B.P. Marsh & Partners, the specialist venture capital investor in early-stage financial services businesses, has suggested it sees ongoing mergers & acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in respect of new investments, following a strong financial year ended 31 January 2026. B.P. Marsh ... Read the full article
Markel Group names Wilson and Crowley as EVPs
24th February 2026
Global reinsurance and insurance company, Markel Group Inc., has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVP), effective immediately. The pair will take on the expanded role in addition to their current responsibilities. Currently, Wilson serves as the Chief Executive Officer (CEO) of Markel Insurance, and Crowley ... Read the full article
Zurich Australia expands in life insurance market with ClearView acquisition
24th February 2026
Zurich Financial Services Australia (Zurich) has entered an agreement to acquire ClearView Wealth Limited (ClearView) via a scheme of arrangement. The transaction bases ClearView's equity value at approximately AUD 415 million. Zurich Australia confirmed that the proposed acquisition has received the unanimous recommendation of ClearView Directors. The implementation of the proposed acquisition ... Read the full article
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