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.
Fairfax Q1’25 net earnings reach $945.7m despite increased cat losses
2nd May 2025
In their financial results for the first quarter of 2025, Fairfax Financial Holdings has reported net earnings of $945.7 million, which compares to the $776.5 million seen in the first quarter of 2024. The company attributed its strong performance mainly to increased net gains on investments, partially offset by decreased adjusted ... Read the full article
Ryan Specialty’s revenue climbs 25% to $690m in Q1’25
2nd May 2025
Ryan Specialty has reported total revenue of $690.2 million for Q1 2025, marking growth of 25% compared to the $552 million disclosed in Q1 2024. The firm attributed the increase mainly to 12.9% organic revenue growth from new and expanded client relationships, E&S market expansion, recent acquisitions, changes in contingent commissions, ... Read the full article
Skyward Specialty posts net income of $42.1m in Q1’25
2nd May 2025
Skyward Specialty Insurance Group reported net income of $42.1 million for the first quarter of 2025, up from $36.8 million in the same period of 2024. The company’s adjusted operating income for the quarter was $37.3 million, compared to $31 million the year prior. Gross written premiums rose 16.7% to $535.3 million ... Read the full article
RGA reports net income of $286m as net premiums dip
2nd May 2025
Reinsurance Group of America, Incorporated, a global provider of life and health reinsurance, has reported Q1 2025 net income of $286 million, or $4.27 per diluted share, compared with $210 million, or $3.16 per diluted share, in the prior-year quarter. The firm's adjusted operating income is reported at $378 million, or ... Read the full article
A. J. Gallagher sees net earnings hit $709m in Q1’25 on strong segment growth
2nd May 2025
Global insurance broker A. J. Gallagher & Co. has reported net earnings of $708.9 million for Q1 2025, up from $612.7 million in Q1 2024, driven by improvements in both its brokerage and risk management segments. Gallagher's revenues before reimbursements also increased in Q1 2025, reaching $3.69 billion, up from $3.22 ... Read the full article
AIG reports Q1’25 NPW of $4.5bn as LA wildfires dent underwriting result
2nd May 2025
Global insurer American International Group (AIG), Inc. has reported strong top-line growth with net premiums written (NPW) for the first quarter of 2025 hitting $4.5 billion, flat year-over-year on a reported basis, although the general insurance (GI) combined ratio deteriorated to 95.8% amid higher catastrophe losses. On a comparable basis, NPW ... Read the full article
The Hanover’s Q1’25 net income and CoR see improvement amid significant cat activity
1st May 2025
The Hanover Insurance Group has announced its financial results for the first quarter of 2025, reporting a net income of $128.2 million, catastrophe losses of $95.6 million, and a combined ratio of 94.1%. This year’s Q1 net income compares to the $115.5 million reported in the same period last year, which ... Read the full article
Allstate posts 97.4% CoR for Q1’25 as record gross cat losses offset by $1.1bn of reinsurance recoveries
1st May 2025
The Allstate Corporation, a publicly held personal lines insurers in the United States, reported first quarter 2025 financial results reflecting a solid underwriting result and disciplined risk management, even in the face of severe weather events. The company led with robust performance in underwriting, reporting a Property-Liability underlying combined ratio of ... Read the full article
Lancashire’s GPW up 12.7% in Q1’25
1st May 2025
Bermuda-based insurer and reinsurer Lancashire Holdings Limited reported a 12.7% year-on-year increase in gross premiums written (GPW) to $712.1 million for the three months ended 31 March 2025, up from $631.7 million in the same period last year. The reinsurance segment contributed $482.3 million to the Q1 total, up from $399.7 ... Read the full article
AXIS reports dip in Q1’25 net income but underwriting result strengthens
1st May 2025
Bermuda-based insurer and reinsurer AXIS Capital Holdings has reported an improved combined ratio of 90.2% for the first quarter of 2025, up 0.9 points on the prior year, with stronger underwriting income in both its insurance and reinsurance segments. AXIS has reported a strong set of results for the opening quarter ... Read the full article
Everest reports positive net income as catastrophes drive underwriting loss
1st May 2025
Bermuda-domiciled insurer and reinsurer Everest Group has reported $472 million of pre-tax catastrophe losses, net of recoveries and reinstatement premiums, in the first quarter of 2025, primarily driven by the California wildfires, compared to $85 million in Q1’24, driving an underwriting loss for the firm. The carrier states that reinstatement premiums ... Read the full article
Hiscox posts Re & ILS premiums of $492m in Q1’25, expects more favourable mid-year renewals
1st May 2025
Specialist insurer Hiscox has reported an increase in Group insurance contract written premiums (ICWP) of 2.4% to $1.6 billion for the first quarter of 2025, with growth in Retail and London Market slightly offset by a decrease in the Re & ILS business when compared with the prior year. At Hiscox ... Read the full article
Markel posts strong Q1’25 insurance result despite California wildfire impact
1st May 2025
Insurer and reinsurer Markel Group's operating income declined to $282.5 million in the first quarter of 2025 compared with $1.34 billion in the prior year quarter, as the company's combined ratio rose slightly to 95.8% on the back of underwriting losses from the January 2025 wildfires in California. Markel's operating income ... Read the full article
RiverStone sees $260m in underwriting profits for 2024
30th April 2025
Legacy sector leader RiverStone International has reported $260 million in underwriting profits for 2024, up 22% from 2023's $213 million. RiverStone also disclosed $2.6 billion in net claims outstanding acquired in 2024, up from $2.2 billion in 2023, with six transactions closed in 2024. RiverStone's investment income also improved in 2024, rising ... Read the full article
Kinsale Capital’s Q1’25 net income impacted by $17.8m in cat losses
30th April 2025
Kinsale Capital Group, Inc. has announced its financial results for the first quarter of 2025, reporting a net income of $89.2 million, which includes after-tax catastrophe losses of $17.8 million. This year’s Q1 net income compared to the $98.9 million reported in Q1 2024, a period that also saw significant lower ... Read the full article
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