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Lancashire sees insurance revenue hit $930.1m in H1’25

08/06/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Wayne Ashley named President of Berkley Re UK

08/05/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Re/insurance broker AI12 receives DFSA authorisation and establishes presence in DIFC

08/04/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Berkshire Hathaway’s re/insurance underwriting earnings strong despite higher losses in H1’25

08/02/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio

08/01/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Arthur J. Gallagher’s revenue rises 16% to $3.2bn for Q2’25

08/01/2025 by Linda

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 […]

Filed Under: Carrier, P&C Insurance

Everest reinsurance delivers in Q2’25 as firm eyes strategic realignment

07/31/2025 by Linda

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 ratio. Notably, catastrophe losses in Q2 2025 were relatively low at $20 million for Everest’s reinsurance business, […]

Filed Under: Carrier, P&C Insurance

Chambliss to manage Davies new flood division aimed to manage large-scale NA claims

07/30/2025 by Linda

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 Chambliss as Senior Vice President, Flood Services, will allow Davies to manage large-scale claims in North America, including […]

Filed Under: Carrier, P&C Insurance

$80bn in H1’25 insured losses marks second-highest on record

07/29/2025 by Linda

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 to $64 billion in H1 2024 and is surpassed only by H1 2011, when […]

Filed Under: Carrier, P&C Insurance

Volante Global appoints Demian Smith as new Group CEO

07/28/2025 by Linda

Volante Global, an international Managing General Agent (MGA) and Lloyd’s Syndicate owned by global fintech Acrisure, has appointed Demian Smith as its new Chief Executive Officer (CEO), subject to current contractual obligations and regulatory approval. Smith started his re/insurance industry career in 1995, and has since successfully built and transformed businesses across the broking and underwriting […]

Filed Under: Carrier, P&C Insurance

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Recent Posts

  • Lancashire sees insurance revenue hit $930.1m in H1’25
  • Wayne Ashley named President of Berkley Re UK
  • 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
  • Our reinsurance purchase strategy will remain agile and flexible: AXIS CEO Tizzio

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