Insurance holding company W. R. Berkley Corporation has announced the appointment of Wayne Ashley as President of Berkley Re UK Limited, effective October 2025, and confirmed that he will take over as … [Read More...] about Wayne Ashley named President of Berkley Re UK
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Wayne Ashley named President of Berkley Re UK
Re/insurance broker AI12 receives DFSA authorisation and establishes presence in DIFC
AI12 Ltd., a global specialist insurance and reinsurance brokerage, has received authorisation from the Dubai Financial Services Authority (DFSA) and is now officially established as a regulated … [Read More...] about Re/insurance broker AI12 receives DFSA authorisation and establishes presence in DIFC
Berkshire Hathaway’s re/insurance underwriting earnings strong despite higher losses in H1’25
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported net underwriting earnings of $2 billion and $3.3 billion for the second quarter and first half of 2025, … [Read More...] about Berkshire Hathaway’s re/insurance underwriting earnings strong despite higher losses in H1’25
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Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio
In recent years, Bermuda-based re/insurer AXIS Capital Holdings has repositioned its reinsurance strategy to better fit with the company’s view of risk, and Chief Executive Officer (CEO), Vincent Tizzio, has said that the firm’s approach to … [Read More...] about Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio
Arthur J. Gallagher’s revenue rises 16% to $3.2bn for Q2’25
For the second quarter of 2025, insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.17 billion, compared to $2.73 billion in Q2’24, as the core brokerage and risk management segments combined to deliver … [Read More...] about Arthur J. Gallagher’s revenue rises 16% to $3.2bn for Q2’25
Everest reinsurance delivers in Q2’25 as firm eyes strategic realignment
Everest’s reinsurance segment again led the business in Q2 2025, posting $436 million in underwriting income and a combined ratio of 85.6%, despite $98 million in pre-tax aviation losses tied to the Russia–Ukraine war, which added 3.2 points to the … [Read More...] about Everest reinsurance delivers in Q2’25 as firm eyes strategic realignment
Chambliss to manage Davies new flood division aimed to manage large-scale NA claims
Davies, a specialist professional services and technology provider for the insurance and regulated markets, is expanding its existing flood claims management with the launch of a new dedicated flood services division. This new division, led by Jessica … [Read More...] about Chambliss to manage Davies new flood division aimed to manage large-scale NA claims
$80bn in H1’25 insured losses marks second-highest on record
Reinsurance giant Munich Re has estimated that global insured losses from natural catastrophe events reached $80 billion in H1 2025, marking the second-highest H1 figure since its records began in 1980. The $80 billion in insured losses during H1 2025 compares … [Read More...] about $80bn in H1’25 insured losses marks second-highest on record