-
Aegis, Beazley and others are among those cutting stamps. -
The carrier boosted net premiums by 45% and shaved 2 points off its expense ratio.
-
The improved combined ratio was driven by lower losses and expenses.
-
The international segment’s net written premium contracted 5%.
-
Carriers posted weaker top-line results but delivered improved combined ratios.
-
-
The carrier’s overall P&C combined ratio improved by 1.4 points to 91.6%.
-
The reinsurer said discipline was now “equally important as price”.
-
The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
-
Aspen's GWP increased 0.9% to $1.13bn, as it focuses on “robust cycle management”.
-
P&C GWP grew by 7.1% to EUR26.8bn over the period.
-
The reinsurance loss ratio improved by over 20 points with no notable cat losses for the quarter.
-
The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
-
The carrier attributed the results to a significant fall in major-loss expenditure.
-
The group raised its full-year net income guidance to EUR2.6bn.
-
On a net basis, premiums written were up 4.7% to $641.3mn.
-
The carrier’s top line grew to $1.4bn in the first half of 2025.
-
-
Cyber, mortgage and crop were identified as attractive growth areas.
-
The carrier said nat-cat losses remained “well below” those of prior years.
-
The carrier’s retail division saw premiums increase by 7.3% to $2bn.
-
The executive said the firm has grown its casualty business by 80% from 2022.
-
Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals.
-
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
-
The carrier anticipates a “favourable” retro renewal at 1.1.
-
The carrier is continuing to reposition its portfolio to drive more consistent returns.
-
The carrier said market dynamics remained robust, with overall pricing healthy.
-
Lack of major cat events could add further pressure on 1 January pricing.
-
Citi and Berenberg believe the carrier is more resilient than in the past.
-
Both the primary and reinsurance segments benefitted from a light cat year.
-
While attritional losses were up for the quarter, those in the carrier’s core business declined.
-
CEO Greg Case said data centre demand could generate over $10bn in new premium volume in 2026.
-
The Spanish (re)insurer reported a group net profit of EUR829mn.
-
The broker grew earnings per share by 12.1% during the quarter.
-
Opportunities for profitable growth in cat will be hard to predict, the executive said.
-
The French reinsurer improved its P&C combined ratio by 7.4 points to 80.9%.
-
The company reported no cat losses but saw a jump in attritional losses.
-
The insurer continues to exit or reduce unprofitable lines and slowed growth as a result.
-
-
The broker is monitoring whether the economic environment will limit discretionary spending.
-
CFO Vogt added that the vehicle’s impact from earned premiums should ramp up from 2026 through 2029.
-
The broker said it was on track to hit its financial goals despite macro uncertainty.
-
In insurance, premium growth came from all lines of business except cyber.
-
Rates pulling back will rein in some of the excess margin obtained over the past three years, he said.
-
The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
-
The property segment reported a combined ratio of 15.5% for the quarter, versus 60.3% a year ago.
-
Despite the pricing pressure, margins for the line of business remain attractive, he added.
-
The company’s stock fell nearly 9% as the market digested news of an ADC, renewal rights deal and reserve charge.
-
Consolidated NWP reduction was driven by the reinsurance segment, partly attributable to two transactions in Q3 2024.
-
AIG will fold the portfolio into its existing business, leaving the liabilities and legal entities with Everest.
-
Total pre-tax favorable prior period development in the quarter was $361mn, up nearly 48% YoY.
-
The company noted tougher market conditions and higher large losses during the year.
-
The investor has made four new investments post-H1.
-
The broker’s new business and client services division is targeting $400mn of savings.
-
Earlier this week, the broking house announced a rebrand to Marsh.
-
The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
-
Continental composite carriers aim to smooth volatility with new initiatives.
-
The Lloyd’s investment business has cut expenses by 54% over the past six months.
-
The broker’s headline Ebitda was $20mn, up from $5.6mn in 2023.
-
It said the loss did not reflect the underlying economic performance of the business.
-
Property remains the dominant line, accounting for nearly 30% of total London premiums.
-
Rachel Turk said product-line facilities had been “under-scrutinised”.
-
Lloyd’s reported reinsurance GWP increased 10.6% to £13.2mn.
-
Gross written premium was up 6% year on year.
-
The ratings agency was presenting its outlook ahead of the Monte Carlo Rendez-Vous.
-
The division reported revenue up 13.3% at A$465.9mn.
-
The Bermudian reiterated its pledge to improve performance.
-
The combined ratio worsened slightly by 0.5 points to 91.6%.
-
The mid-year renewals point to mounting pressure on reinsurance pricing.
-
Top line grew across all carriers even as pre-tax profits dipped.
-
Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
-
Nat-cat events triggered A$1.36bn of losses during the year.
-
The overseas division booked a combined ratio of 94% for the quarter.
-
The carrier also reported a slightly improved combined ratio of 94.6%.
-
Net adverse development for the quarter increased 30% year on year to $89.2mn.
-
The London carrier missed consensus on gross and net premiums for H1.
-
The carrier’s profit grew 34% for the year to A$1.35bn.
-
The carrier booked top-line growth of 2% in H1.
-
Rates were down 3.9% across its portfolio in the first half of 2025.
-
The Hannover Re CEO said rate adequacy remains “attractive” overall.
-
California wildfires were the reinsurer’s largest H1 loss, at EUR615.1mn.
-
The carrier cited elevated cat and large-loss activity, including the LA wildfires.
-
The reinsurer chair said the frequency of losses today “will prevent prices from slipping too much.
-
California wildfire losses were partially offset by improved underlying underwriting.
-
The P&C re segment’s combined ratio improved by 12.7 points to 61.0%.
-
The company bolstered casualty reserves by $18mn, mostly from discontinued lines.
-
The carrier reported an increase of 82% in pre-tax income.
-
The move will impact around $50mn of gross written premiums in total.
-
Tokio Marine HCC was below plan on income as the carrier prioritised bottom line.
-
The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%.
-
However, group organic growth among public brokers has slowed to pre-pandemic levels.
-
The Swiss carrier improved its P&C combined ratio by 1.2 points to 92.4%.
-
Cat losses of $1.5mn, net of reinsurance, were primarily due to severe convective storms.
-
Written premium increased by 31% to $2.41bn as top-line growth brought expense ratios down.
-
CEO Alex Maloney said Lancashire’s growth was “more measured” amid softening.
-
Natural catastrophe claims remained consistent compared with the prior year.
-
The carrier posted its H1 results earlier today, beating analyst consensus.
-
The loss was driven by nat cats and reserve adjustments in US casualty.
-
The carrier also announced an increased share-buyback programme.
-
The carrier said most lines remained well priced despite increased competition.
-
Prior-year reserve development moved to a $6.3mn charge in Q2 from a $19.3mn release a year ago.
-
The company also purchased $15mn of SCS parametric coverage.
-
The specialty reinsurer also saw several bad investments hit the books.
-
The company has also expanded its relationships with US and UK MGAs.
-
The carrier also benefitted from favourable reserve development in property and A&H.
-
Cat portfolios generally grew, but casualty approaches varied.
-
The reinsurance CoR decreased 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
-
The Canadian insurer saw property rates dip across its global divisions.
-
The business posted a 95.2% undiscounted combined ratio.
-
Aviation reinsurance reserving issues will also be a broader focus for the market.
-
AJ Gallagher has responded to a request for additional information under the HSR filing.
-
The French carrier’s first-half revenues were driven by 6% growth in P&C.
-
WTW is “particularly interested” in growing markets like wealth management with bolt-on M&A.
-
Specialty casualty now accounts for around 22.2% of its insurance business mix.
-
-
Scor's CEO said the P&C market had experienced a “competitive” first half.
-
The P&C segment posted an 82.5% combined ratio for the quarter.
-
Everest booked $98mn of aviation losses related to the war, which contributed 2.5 points to the consolidated CoR.
-
The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.
-
Pricing was “virtually flat” in the second quarter.
-
The CEO said business remains adequately priced in most classes.
-
The carrier is reducing its exposure to quota shares and shifting to XoL.
-
The carrier said market dynamics were shifting due to increased capacity.
-
The loss ratio rose 1.9 points to 53.1%, while the expense ratio ticked up 0.6 points to 28.1%.
-
The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.
-
This brings the carrier’s total limit on the program to $1.8bn.
-
The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
-
The broker’s EPS beat consensus at $3.49 for the quarter.
-
Wind season remains an important variable, but also might not change current dynamics significantly.
-
The reinsurance unit’s combined ratio for the quarter was 94.2%.
-
The property segment reported a CoR of 27.4% for the quarter, down 26.5 points year on year.
-
The carrier’s top line grew to $890m in the first half of 2025.
-
The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.
-
The technology will help analyse growing and emerging risks, especially climate change.
-
Total revenues grew 12% due to the contribution from acquisitions.
-
Rates continue to drop as capacity is ample, the broker said.
-
The MGA has been through a remedial exercise under Acrisure’s ownership.
-
The Australian carrier’s nat cat losses are A$200mn lower than its annual allowance.
-
Premium rose across the top 15 P&C risks in 2024.
-
The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
-
The investor reported a total shareholder return of £101.2mn for 2024.
-
Analysts were interested in the potential for fee income from the retail division.
-
Plus, the latest people moves and all the top news of the week.
-
Eckert said the reinsurance market is still at historically well priced levels.
-
Lloyd’s maverick syndicate produces impressive results, but questions remain over succession.
-
The investment vehicle will publish its full results on 2 June.
-
LA wildfire losses are impacting the 2024 years of account, Argenta noted.
-
Plus, the latest people moves and all the top news of the week.
-
The carrier’s combined ratio improved by 0.7 points YoY to 91.1%.
-
The group reported an 89.7% combined ratio for the quarter.
-
The reinsurer reported EUR2.1bn GWP for the year.
-
The Japanese carrier noted the impact of increasing natural disasters.
-
The company’s parent MS&AD reported group profit of 691bn yen for the year.
-
The carrier benefited from top-line growth and lower adverse PYD.
-
P&C combined ratios were higher than Q1 2024, and wildfires impacted Hannover Re most.
-
The reinsurer’s CFO cited a 1.5% net price reduction year to date.
-
Large natural catastrophe losses totalled $570mn in Q1, driven by the LA wildfires.
-
The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
-
The undiscounted combined operating ratio worsened slightly to 96.6%.
-
The Bermudian's first quarter cat losses totalled $333.3mn, compared to $103mn a year ago.
-
The new CEO said recent purchases were designed to protect earnings volatility.
-
New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
-
The reinsurer said the LA wildfires would have a “dampening effect” on mid-year renewals.
-
The carrier’s share price dropped 3.6% on its Q1 results.
-
The carrier booked EUR800mn in LA losses in the P&C segment.
-
The reinsurer's group operating income fell by 14% to EUR480.5mn.
-
The carrier incurred claims from LA wildfires and flooding in Queensland.
-
The final month of the year saw an unusually high number of claims.
-
The firm expects to replace the volume with Innovations-channel business.
-
The (re)insurer used alternative capital in the reinsurance coverage.
-
Hamilton also expects rising demand and stable supply for 1 June renewals.
-
Cat losses for the quarter added 3.2 points to the carrier's combined ratio.
-
Q1 adverse reserve development went down to $4.2mn from $5.4mn a year ago.
-
Hamilton reported $150.5mn of net cat losses, partially offset by $9.2mn favourable prior year development.
-
IGI saw opportunities in energy, ports and terminals and marine cargo but remains cautious in long-tail lines.
-
Ark's combined ratio included 25 points of catastrophe losses in Q1.
-
The CEO expects overall P&C pricing to be “stable” through 2025.
-
The carrier booked LA wildfire losses of EUR148mn.
-
Cat losses included $17.5mn from the CA wildfires and other events.
-
The carrier reported a below-budget cat experience, despite the California wildfires.
-
Space pricing experienced double-digit increases after the 2023 capacity retreat.
-
Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
-
Meanwhile, gross written premiums grew 8.6% year on year to $985mn.
-
The primary and reinsurance unit CoRs were 103.1% and 98.7%, respectively.
-
The reduction was due to impacts from investments and less favourable PYD.
-
AJG still has $2bn of M&A capacity after the AP and Woodruff Sawyer deals.
-
The remediation process is on track for completion in the fourth quarter.
-
The CUO described the pricing dynamics in the line as “strong and good”.
-
The executive also addressed the impact of the US tariffs.
-
The carrier reported a 3% price reduction across London market business.
-
The carrier estimated its California wildfire loss at $145mn-$165mn.
-
The quarter’s performance was also affected by the Washington, DC aviation disaster.
-
The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.
-
PartnerRe’s non-life division reported a Q4 underwriting result of $21mn, recovering from a loss of $188mn in the prior-year period.
-
The group reported “robust” growth in property reinsurance premium.
-
The group reported a 19.1% return on opening adjusted tangible book.
-
Cyber and property experienced the largest price reductions.
-
The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
-
The commercial risk and reinsurance units delivered mid-single-digit growth.
-
The California wildfires were the only “relevant event” for the period, the carrier said.
-
The firm said supply and demand was becoming more in balance than at 1 January renewals.
-
Lucy Clarke said the broking business was resilient in the face of macro challenges.
-
Organic growth was flat on the prior year and in line with Q4 2024 figures.
-
The property segment experienced a 113.5-point impact from the California wildfires.
-
Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
-
The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
-
Aegis 1225 jumped from fifth place last year to become the most profitable syndicate of the last decade.
-
Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
-
The combined ratio improved by 1.9 points to 94.7%.
-
Growth was driven by Lloyd’s Syndicate 1274 and Antares Re.
-
The carrier laid out its business mix for the newly launched reinsurance syndicate.
-
The first quartile contracted on the back of Beazley 2623’s GWP reduction.
-
Reported income for the year rose 24% to $1.98bn.
-
Alexandra Cliff will take a base pay of £425,000 per annum, compared with Keese’s £550,000.
-
Last year, nearly two-thirds of Lloyd’s syndicates reported a deterioration in combined ratio.
-
The carrier posted significant growth in 2024, with GWP up 30% to $493mn.
-
The combined ratio improved 1.5 points to 90%.
-
GWP increased 24% year on year at the Asta-managed syndicate.
-
The combined ratio improved by 3.2 points, from 80.9% in 2023 to 77.7% in 2024.
-
The company booked profit for the year of £247mn, up 20% on the prior year.
-
The syndicate’s claims ratio worsened due to an “exceptionally active” hurricane season.
-
The syndicate expects £5.8mn-£8.6mn in California wildfire claims.
-
Reinsurance made up 12% of the syndicate’s 2024 GWP.
-
The market took a higher share of hurricane losses and couldn’t cut its acquisition costs.
-
Standfirst: The syndicate reported a strong turnaround despite exposure to major claims.
-
The syndicate achieved a profit despite a “relatively heavy” catastrophe year.
-
Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
-
Results were impacted by prior year reserving and an unwind of intragroup reinsurance recoveries.
-
Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
-
The executive said the market would be updated on progress in late April.
-
MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
-
Reinsurance and property remained the primary drivers of premium growth.
-
The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
-
Hurricane Milton was the largest group loss event at EUR290mn for the year.
-
The segment’s underwriting results halved to $532mn in 2024 from $1.07bn in the prior year.
-
CEO Andrew Carrier says the business has strong “forward momentum”.
-
Gard acquired Codan’s global marine and energy portfolio during 2024.
-
The property and specialty insurer reported underwriting profits of $131mn ($170mn).
-
The syndicate reported an undiscounted net combined operating ratio of 77.9%.
-
The Italian carrier posted a record group profit of EUR7.3bn.
-
For the prior-year quarter, the carrier reported a EUR9mn loss.
-
The firm delivered a 22% year-on-year increase in GWP to $1.1bn.
-
The group posted an undiscounted combined ratio of 90.2% during the year.
-
The market improved on attritional losses in 2024 – but slowing rate growth raises queries over top-line momentum.
-
While market underwriting profit slipped 10%, the underlying combined ratio was under 80%.
-
Hiscox, Beazley and Lancashire all reported top line growth, but ROEs dipped in an active wind season.
-
CEO John Fowle said “isolated missteps” had tarnished Atrium’s record.
-
CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
-
The carrier reported an undiscounted combined ratio of 89.1%.
-
The reinsurer pegged the market loss at $40bn.
-
The carrier pegged its LA wildfire losses at EUR140mn.
-
He said that “everyone’s looking for growth”, as the firm has moderated its top line projections.
-
Predicting underwriting conditions for the remainder of the year is ‘challenging’.
-
The London carrier posted an undiscounted combined ratio of 79%, up from 74% in 2023.
-
The result is 1.1 points ahead of the midrange of a 6.4%-16.4% forecast.
-
Returns on capacity reduced, forecast at 4.4%-14.4%, have settled at 4.6%.
-
Plus, the latest people moves and all the top news of the week.
-
The combined ratio improved by 0.5 points to 75.7%.
-
The company also announced a EUR2bn share buyback.
-
Changes in business mix towards specialty and improved reserve development offset higher Q4 cat losses.
-
The estimate is based on industry losses in the range of $35bn-$45bn.
-
CEO Andreas Berger addressed Swiss Re’s primary aviation exit.
-
The carrier’s CoR improved across P&C, including at commercial lines-focused Axa XL.
-
Conditions in the London market remain attractive according to CEO Aki Hussain.
-
UK and Ireland GI premiums rose 16% over the year.
-
The carrier announced a $175mn share buyback.
-
Cat losses in the quarter totalled $49.1mn, net of reinsurance, of which $37.8mn was from Milton.
-
The carrier will look to grow business outside North America.
-
The carrier expects the market loss to land at $35bn-$40bn.
-
The carrier pegged its claims expenditure for the LA wildfires at EUR1.2bn.
-
The group's reinsurance book was also hit with cat losses during the quarter.
-
The carrier reported $2.8mn of favourable development compared to a $3.3mn charge a year ago.
-
The division reported revenue up 10.4% at A$204.2mn.
-
The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.
-
Retention levels for reinsurance fell across the different geographies the carrier operates in.
-
The carrier pegged its California wildfire losses at $200mn pre-tax.
-
The carrier said 72% of those losses occurred in personal property.
-
The chairman said the recent events were akin to Andrew, Katrina and the WTC.
-
SiriusPoint’s property book grew 25% in full year 2024.
-
The estimate is net of its per-occurrence reinsurance program and gross of tax.
-
The carrier expects to book $100mn-$140mn from the California wildfires.
-
The firm’s core CoR improved 3.2 points to 90.2%.
-
With another year of underwriting profits banked, the ‘Golden Age’ isn’t over yet.
-
The broker reported 12% of organic growth for the year.
-
The international segment’s CoR deteriorated slightly due to increased expenses.
-
Improved underwriting helped absorb claims from the Baltimore bridge collapse and Hurricane Helene.
-
Deteriorating CoRs, GWP growth and fears over wildfire impacts were common themes.
-
The group reported strong underwriting results in all major overseas P&C segments.
-
The Australian carrier disclosed A$426mn in net cat losses during H1.
-
The Dana floods in Valencia resulted in a EUR34mn net impact at group level.
-
The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn.
-
The company, meanwhile, is bullish on E&S US casualty.
-
The firm pegged industry losses at $35bn-$45bn.
-
Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
-
Plus, the latest people moves and all the top news of the week.
-
The board intends to issue a dividend of EUR2.70 per share.
-
The company did not take questions on its recently announced business review.
-
The carrier disclosed it will book $1.1bn in net losses from the California fires.
-
The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
-
Single-digit organic growth, robust casualty pricing and tapering margins were all key trends.
-
The specialty insurer reported favorable developments in both its insurance and reinsurance segments.
-
The carrier reported expansion in financial lines and marine.
-
The broker CEO explained talent is what drives organic growth.
-
The group’s revenues expanded by 23% to more than £3bn for the year to 30 September 2024.
-
The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
-
At 1 January renewals, prices dropped 5%-15% for loss-free programmes.
-
CEO Carl Hess said WTW is entering 2025 with “considerable momentum”.
-
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
-
Aon saw lower rates in reinsurance as capacity outstripped demand.
-
President Andersen said he was optimistic about the 2025 reinsurance market.
-
The broker introduced 2025 guidance for mid-single-digit or greater organic growth.
-
Claims related to California wildfires are "fairly insubstantial" to date, executives said.
-
Organic growth in broking segment Marsh accelerated during the reporting period.
-
The carrier’s Q4 CoR decreased 34.8 pts YoY to 94.2% as it reported favorable prior-year reserve development.
-
The reinsurer is ready to deploy additional capacity following the event, but only if prices are commensurate with risk.
-
The carrier has been reducing its exposure to the area where the wildfires occurred by over 50%.
-
Hurricane Milton brought the firm net losses of $270mn in Q4, while it forecast up to a $750mn wildfire hit for Q1.
-
CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
-
The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.
-
The insurer will focus on UK regional growth and opportunities in cyber for the coming year.
-
The insurer also added $150mn cat coverage while reducing the total ceded premium for this treaty.
-
Churn is expected to return to the market in 2025 as scrapping of older fleet accelerates.
-
The transaction mostly covers casualty portfolios of 2021 and prior underwriting years.
-
The Aventum Group broker is targeting placing £1.1bn of GWP by year end 2026.
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