P&C Insurance

The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered to develop parametric insurance solutions for extreme weather for micro, small, and medium-sized enterprises (MSMEs) in Fiji. The Asia-Pacific Climate Finance Fund (ACliFF), a multi-donor trust fund established in April 2017, will support the initiative […]

HDI Global, a commercial and specialty lines insurer, reported insurance revenue of €5.1 billion for the first half of 2025, an 8% increase from €4.8 billion in the same period last year. The company said its revenue and net income growth in H1’25 was driven by growth in new business across all lines. The insurance […]

Credit rating agency AM Best has announced it is maintaining a negative outlook on Brazil’s reinsurance market segment, citing political uncertainty and tax reform measures that are pressuring the industry’s profitability. The report noted that regulatory restrictions on foreign assets have limited domestic reinsurers’ growth abroad, in addition to the approaching 2026 elections. Despite these […]

Dragos Inc., a company specialising in cybersecurity for operational technology (OT) environments, has released its 2025 OT Security Financial Risk Report, produced with Marsh McLennan’s Cyber Risk Intelligence Center. The report applies statistical modelling to estimate the financial impact of OT cyber incidents and evaluate the effectiveness of selected security controls. It is intended to […]

Global insurer Chubb has announced the appointment of Kim Hare as Senior Vice President (SVP), Head of North America Property Claims, effective August 18th, 2025. Hare will succeed Tim Barziza, who will retire next April after more than three decades in the insurance industry, including 22 years at Chubb. During his tenure, Barziza held various […]

Global dedicated reinsurance capital is projected to climb to an unprecedented $649 billion in 2025, according to estimates from AM Best and Guy Carpenter. As readers will see from the image below, the anticipated 2025 figure would surpass the previous peak of $607 billion recorded in 2024 and mark a sharp rebound from the pandemic-era […]

Sollers Consulting, a software integrator and operational advisor, has opened its first permanent office in the United States, in Chicago, marking a significant milestone as it expands its footprint into the world’s largest insurance market. The US expansion reflects the company’s commitment to supporting insurers in their digital journeys, particularly as the market undergoes a […]

Australian insurer IAG has reported a net profit after tax of A$1.4 billion for the full 2025 financial year, a 51.3% increase compared to A$898 million in FY24. The company attributed the rise in net profit to higher net earned premiums, increased insurance profit, stronger investment income on shareholders’ funds, and pre-tax releases of A$330 […]

Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s robust year-on-year growth in Q1 2025, when it also cut its exposure to weather-related catastrophe risks. […]

Argo Group International Holdings, Ltd. reported a net income of $58.8 million for the second quarter of 2025, marking a significant 362.2% increase compared to $12.7 million in the same quarter a year earlier. Net income attributable to common shareholders was $56.1 million, up notably from $10 million in Q2’24. Total revenue amounted to $336.5 […]