Reinsurance News
Results news
News on reinsurance and insurance company quarterly and annual results or reporting. Detailing news on the financial performance of insurance and reinsurance underwriting companies and brokers.
HDI Global posts improved CoR of 91.1% in Q1’25
22nd May 2025
HDI Global, a commercial and specialty lines insurer, reported an improved combined ratio of 91.1% for the first quarter of 2025, compared to 91.8% in the same period last year. The net insurance financial and investment result before currency effects rose slightly to EUR 49 million in Q1’25, compared to EUR ... Read the full article
Generali reports 8.6% rise in operating result for Q1’25 with strong P&C performance
22nd May 2025
Italian insurer Generali has reported growth in its consolidated operating result of 8.6% to €2.1 billion for the first quarter of 2025, driven by all business segments, notably its Property and Casualty (P&C) arm as the combined ratio strengthened by 1.4 percentage points year on year to 89.7%. Generali's P&C business ... Read the full article
Deutsche Rück reports strong 2024 performance as net profit hits €14.5m
20th May 2025
The Deutsche Rück Group reported a strong performance for the 2024 financial year, with gross premiums written increasing across all business segments, up 18.3% year-over-year to approximately €2.1 billion. According to the firm, this growth was driven by both its international operations and its domestic business in Germany. Property insurance, which represents ... Read the full article
Tokio Marine’s international business reports 2% decrease in profits in FY’24
20th May 2025
Tokio Marine Holdings has announced its full year 2024 financial results for its International business, reporting JPY 428.4 million in profits, a 2% decrease compared to 2023’s JPY 436.9 million. According to the firm, the decrease was mainly due to "one-off effects" totalling -JPY38.3 billion. This included capital loss mainly due ... Read the full article
MS Amlin Underwriting posts net income of £149m for FY’24
20th May 2025
Global insurer and reinsurer MS Amlin Underwriting Limited (MS AUL) has reported a net income of £149 million for the full year 2024, representing a reduction of £47 million compared to the £197 million recorded the year prior. The company attributed the decline in net income to an increase in corporate ... Read the full article
MS Reinsurance’s GWP hit $3.6bn in 2024, CoR improved to 88.7%
20th May 2025
MS Reinsurance (MS Re), a Switzerland-domiciled global reinsurer, has reported growth of 17.6% in gross written premiums (GWP) to $3.6 billion for full year 2024, up from $3.1 billion in 2023, driven by top line growth in a favourable market environment, in line with the company’s strategy to build a ... Read the full article
Sompo International’s FY’24 GWP expand as CoR improves to 96.3%
20th May 2025
Sompo International has reported an adjusted profit of $1.38 billion for the 2024 financial year (FY2024), an increase of $230 million year-over-year, driven by robust top-line growth, reduced adverse prior-year development, and higher net investment income. Meanwhile, the firm reported gross written premiums (GWP) of $16.53 billion for FY2024, up from ... Read the full article
Swiss Re posts 16% rise in net income and P&C CoR of 86% for Q1’25
16th May 2025
Global reinsurer Swiss Re generated net income of $1.3 billion for the first quarter of 2025, an increase of 16% year on year with a solid performance across life and health (L&H) and property and casualty (P&C) reinsurance, despite the latter absorbing elevated large loss activity in the period. Within P&C ... Read the full article
Kin reports 35% revenue growth in Q1’25, California emerges as key market
15th May 2025
Kin, the direct-to-consumer home insurance company, has announced its financial results for the first quarter of 2025, reporting $47 million in total revenue, up from $34.9 million in Q1 2024, with California emerging as a substantial growth driver during the quarter. Sean Harper, Kin Founder and CEO, said: "We're starting 2025 ... Read the full article
West’s 103.9% CoR for 24-25 FY impacted by elevated IG Pool claims
15th May 2025
West of England P&I Club, an insurance provider to the global maritime and offshore industries, has delivered strong results for the 2024-25 financial year amid market challenges. The firm's combined ratio of 103.9% for the year was impacted by elevated International Group (IG) Pool claims, but despite this, West’s own claims ... Read the full article
Aviva ‘off to a great start’ with GI premium growth of 9% in Q1’25
15th May 2025
British insurer Aviva has reported general insurance (GI) premium growth of 9% to £2.9 billion in the first quarter of 2025, compared to £2.7 billion in the comparative prior year quarter. Country-wise, UK&I GI premiums grew by 12% to £2 billion in Q1’25, compared to £1.8 billion in Q1’24. Personal lines ... Read the full article
Talanx posts best-ever quarterly performance despite LA wildfire impact
15th May 2025
Despite significant large loss payments, Talanx generated group net income of €604 million in Q1 2025, the strongest quarterly result in its history, highlighting its robust position with a balanced mix of Primary Insurance and Reinsurance. According to the firm, primary insurance contributed 60% to its overall Q1 2025 net income, ... Read the full article
Allianz sees record operating profit of €4.2bn in Q1’25
15th May 2025
Allianz has reported a record operating profit of €4.2 billion for Q1 2025, marking a 6.3% increase from Q1 2024, keeping the firm on track to meet its full-year operating profit target of €16 billion. The Property & Casualty (P&C) segment posted an operating profit of €2.2 billion in Q1 2025, ... Read the full article
Fidelis reports Q1’25 net loss as LA wildfires hit underwriting performance
15th May 2025
Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Limited has reported a net loss of $42.5 million and a higher combined ratio of 115.6% for the first quarter of 2025, as catastrophe losses, driven by the California wildfires, dented the underwriting performance, notably within its reinsurance business. Group-wide, Fidelis fell to an ... Read the full article
Canada Life Re had ‘solid growth’ in Q1’25 despite headwinds: CEO Poulin
14th May 2025
Canada Life Reinsurance, part of Canadian headquartered international financial services holding company, Great-West Lifeco, experienced robust year on year growth in the first quarter of 2025 and also reduced its exposure to weather-related catastrophes. Great-West Lifeco generated net earnings of CAD 860 million in the opening quarter of 2025, a strong ... Read the full article
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