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.
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
Peak Re reports second-best net profit of $187m in 2024 amid challenging market
30th April 2025
Hong Kong-based global reinsurer Peak Re has announced its 2024 full-year financial results, reporting a net profit after tax of $187 million, which marks the company’s second-best results in its 12-year history. The company attributed this success, driven by all of its business units, to its resilience and sustained profitability amid ... Read the full article
Arch Capital’s Q1’25 GPW up to $6.5bn as CoR rises to 90.1%
30th April 2025
Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has reported an 8.9% increase in group-wide gross premiums written (GPW) to $6.5 billion for the first quarter of 2025, compared to $5.9 billion last year, as the firm's combined ratio deteriorated to 90.1% on higher catastrophe losses driven by the California ... Read the full article
Brown & Brown records Q1’25 revenue growth of 12% to $1.4bn
30th April 2025
Insurance brokerage Brown & Brown, in its unaudited 2025 first quarter results, reported revenue growth of $146 million, or 11.6% to $1.4 billion, under US GAAP, compared to total revenues of $1.2 billion in Q1’24. For Q1’25, the firm's income before income taxes was $427 million, a 17.3% increase from the ... Read the full article
Aspen reports increased GWP in unaudited Q1’25 results
29th April 2025
Aspen Insurance Holdings Limited has released its unaudited results for the first quarter of 2025, reporting an increase in gross written premiums (GWP) alongside a notable decrease in profitability. The Bermuda-based re/insurer reported GWP of $1.287 billion for Q1 2025, up from $1.231 billion in the same period last year. Year on ... Read the full article
Cincinnati posts net loss of $90m in Q1’25
29th April 2025
Cincinnati Financial Corporation has reported a net loss of $90 million for the first quarter of 2025, compared with net income of $755 million for the same period a year earlier. The loss was driven in part by a $56 million after-tax reduction in the fair value of equity securities still ... Read the full article
Talanx reports preliminary consolidated net income of €604m for Q1’25
29th April 2025
European insurer and parent of large reinsurer Hannover Re, Talanx Group, has reported preliminary consolidated net income of €604 million for the first quarter of 2025. To compare, last year, in the first quarter, the group reported consolidated net income of €576 million. Despite an above-average large loss burden, the group’s current ... Read the full article
Beazley’s premiums reach $1.51bn in Q1’25 as growth momentum continues
29th April 2025
Specialist insurer Beazley has reported that its insurance written premiums reached $1.51 billion in Q1 2025, representing a 2% increase compared to the same period in 2024. Breaking down the Q1 2025 total, the Property Risks division contributed $482 million, Specialty Risks $461 million, MAP Risks $258 million, Cyber Risks $247 ... Read the full article
Ping An P&C reports 1% insurance revenue and 8% premium income growth in Q1’25
28th April 2025
Ping An Insurance Company of China has announced its first quarter financial results, reporting that its property & casualty (P&C) segment maintained steady insurance business growth and good business quality. The P&C sector demonstrated a strong performance, with premium income increasing by 7.7% year-on-year to RMB 85.138 billion. Insurance revenue also ... Read the full article
Selective Insurance reports 34% rise in net income to $108m in Q1’25
28th April 2025
Selective Insurance Group has reported its financial results for the first quarter of 2025, reporting net income of $107.6 million, $1.24 billion in net written premiums (NWP) and an improved combined ratio of 96.1%. The company achieved a 7% year-over-year increase in NWP, mainly driven by renewal pure price increases of ... Read the full article
Echo Re’s GWP grows 7.3% in 2024
25th April 2025
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, reported gross written premiums of $482 million in its full-year 2024 results, marking a 7.3% increase from $449 million in 2023. In light of the solid premium growth in 2024, Property made up 40% of Echo Re’s portfolio composition for the year. In ... Read the full article
Donegal Group reports improved net income and CoR in Q1’25
25th April 2025
US insurance holding company Donegal Group Inc. has announced its financial results for the first quarter of 2025, reporting an increase in net income to $25.2 million and in net premiums earned, $232.7 million, as well as an improved combined ratio of 91.6%. In Q1 2024, the firm's net income stood ... Read the full article
Universal’s direct premiums written up by 4.7% for Q1’25
25th April 2025
Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a 4.7% increase in direct premiums written for the first quarter of 2025, at $467.1 million from $446.1 million a year earlier, driven by 34.7% growth in other states, slightly offset by a 3% decrease in Florida. For Q1 2025, ... Read the full article
Aon’s Reinsurance Solutions posts organic revenue growth of 4% in Q1’25
25th April 2025
Global broking group Aon's Reinsurance Solutions arm delivered year on year organic revenue growth of 4% to $1.2 billion in the first quarter of 2025, as total revenue across the group increased by 5% on an organic basis to $4.7 billion. In its Q1 2025 results, Aon attributes the revenue increase ... Read the full article
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