Archives for August 2025

American Coastal Insurance Corporation, a property and casualty insurance holding company, reported a net income of $26.4 million for the second quarter of 2025, representing a 38.8% increase compared to $19.1 million in the same quarter a year earlier. The company attributed the increase in net income to higher gross premiums earned and decreased ceded […]

ICW Group Insurance Companies, a group of property and casualty insurers offering a range of commercial insurance products nationwide, has promoted Iva Yuan to the role of Chief Actuary, Head of Reserving, Pricing, and Product. In this key position, Yuan will oversee the company’s overall actuarial strategy and lead the development of a unified, multi-line […]

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a net profit of ₹1,752 crore for the first quarter ended June 30, 2025, up around 69% compared to the same period of the previous financial year. GIC Re’s gross premium figure stood at ₹12,388 crore for the first quarter ended […]

F&G Annuities & Life, Inc. has entered into a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. Under the agreement, the reinsurer will provide long-term, on-demand growth capital to F&G through a forward flow reinsurance arrangement on a quota share basis for certain […]

Lancashire has reported insurance revenue of $930.1 million for the first half of 2025, an increase of $76 million, or 8.9%, compared to the same period in 2024. Of that total, the reinsurance segment contributed $450.6 million, while the insurance segment generated $479.5 million. Meanwhile, the firm’s gross premiums written increased by $74 million, or […]

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 Chief Executive Officer (CEO) of the company in 2026. Current CEO of Berkley Re UK, Claire Himmer, will continue in the role until […]

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 entity within the Dubai International Financial Centre (DIFC). AI12 is recognised for its deep expertise in the aviation sector and its commitment to delivering specialised solutions across a […]

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, respectively, both down on the comparable prior year periods, as the firm’s primary insurance arm felt the impacts from catastrophe events and increased loss estimates for […]

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 reinsurance will remain both agile and flexible. During the carrier’s Q2 2025 earnings call, held earlier this week, CEO […]

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 16% revenue growth, including organic revenue growth of 5.4%. Of the total revenue, the company’s […]