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.
The Baldwin Group total revenue up 9% to $413.4m in Q1’25
7th May 2025
Independent insurance distribution firm, The Baldwin Group, has reported total revenue growth of 9% to $413.4 million for the first quarter of 2025 compared to $380.3 million last year, reflecting organic revenue growth of 10%. Total GAAP net income in Q1’25 hit $24.9 million, with GAAP diluted earnings per share of ... Read the full article
AXA XL Re’s premiums increase 12% to €1.4bn in Q1’25
7th May 2025
Global insurer AXA’s Property and Casualty (P&C) and Specialty Risk division, AXA XL, saw gross written premiums and other revenues climb 7% to €21 billion in Q1 2025, helped by a 12% increase in premiums to €1.4 billion at AXA XL Reinsurance. Within P&C, commercial lines premiums rose 6% to €13.2 ... Read the full article
SCOR posts 85% CoR as net income hits €200m in Q1’25
7th May 2025
French reinsurer SCOR has reported a 1.7% rise in net income to €200 million for the first quarter of 2025 with a solid performance in both its Life & Health (L&H) and Property & Casualty (P&C) segments, despite the impacts of the Los Angeles wildfires. Group-wide, SCOR has reported Q1'25 insurance ... Read the full article
Corebridge Financial reports strong operating income despite net loss in Q1’25
6th May 2025
Corebridge Financial, an American multinational financial services company, has announced its financial results for the first quarter of 2025, reporting $649 million in adjusted after-tax operating income despite a net loss of $664 million. Q1 2025’s net loss compares to a gain of $878 million reported in the same period last ... Read the full article
Lemonade’s revenue increases 27% to $151.2m in Q1’25
6th May 2025
In its Q1 2025 results, Lemonade has reported total revenue of $151.2 million, marking an increase of $32.1 million or 27%, compared to Q1 2024, primarily due to the increase in gross earned premium, ceding commission income, and net investment income. Meanwhile, the firm's in force premium, defined as the aggregate ... Read the full article
James River posts Q1’25 net income of $9m and CoR of 99.5%
6th May 2025
James River Group Holdings, a Bermuda-domiciled insurance holding company, has reported first quarter 2025 net income of $9 million and adjusted net operating income of $9.1 million, compared to $20.9 million and $14.8 million, respectively, in Q1’24. For the quarter, gross written premium (GWP) was $294.4 million, and Excess and Surplus ... Read the full article
Palomar’s Q1’25 net income hits $42.9m as CoR improves
6th May 2025
Palomar Holdings has reported a net income of $42.9 million for Q1 2025, up considerably compared to the $26.4 million disclosed in Q1 2024. Palomar's gross written premiums were also up in the opening quarter of 2025, expanding 20.1% from the same period of 2024 to $442.2 million, while net earned ... Read the full article
SiriusPoint maintains underwriting profit streak and posts $58m net income in Q1’25
6th May 2025
SiriusPoint Ltd., a provider of re/insurance services, has announced strong results for the first quarter of 2025, continuing its streak of underwriting profitability, with underwriting income of $29 million for the quarter, compared with $44 million in Q1 2024. The combined ratio for the Core business was 95.4%, reflecting a slight ... Read the full article
Berkshire Hathaway’s GEICO offsets underwriting losses at reinsurance and primary units in Q1’25
3rd May 2025
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a $1.3 billion decrease in net underwriting earnings across its insurance and reinsurance operations to $1.34 billion for the first quarter of 2025, compared with $2.6 billion in the prior year first quarter, amid significant losses from the Southern ... Read the full article
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
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
