Paris, 5 May 2025- 17.35. We may also see prices increase in the United States and an adverse impact on certain industrial sectors and regions, likely leading to higher numbers of business failures. Thanks to its leading infrastructure, the quality of its information and its teams of internationally recognised experts, Coface is well positioned to support its…
Reinsurance
—Billionaire Warren Buffett will remain chairman of the board at Berkshire Hathaway when vice chairman Greg Abel takes over for Buffett as CEO at the start of 2026.. The board of directors at the cash-rich conglomerate voted Sunday to keep the legendary 94- year-old investor as head of the board, a decision likely to relieve investors worried about…
AM Best Director Steven Chirico will deliver a keynote speech at the Insurance Innovators USA Conference 2025, which is scheduled for May 19-20, 2025, in Nashville, TN.. Chirico will deliver his remarks at 10:05 a.m. on Monday, May 19, in a session titled,“ Understanding New and Evolving Risks: Innovating in a Changing Market.” This session is part of the“ CEO Forum-…
Origin Specialty Underwriters Agency, LLC, a leading national Managing General Agent and partner company of Beyond Risk, today announced key leadership changes designed to position the company for continued growth and success in serving the excess and surplus insurance market. Charlie Acosta, previously serving as Executive Vice President and Head of…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, for Use of the Commission Only☐ Definitive Proxy Statement☒…
U.S., Japan, Mexico, Chile, Korea. $6.7 billion Latin America 13%. $4.7 2024 Adjusted Earnings 5,6.
BLOOMFIELD, CT, May 2, 2025- Global health company The Cigna Group today reported strong first quarter 2025 results, reflecting growth and focused execution across its diversified portfolio of businesses. "We are building a more sustainable health care model by successfully delivering on our series of commitments and actions to improve transparency and…
TRISURA GROUP REPORTS FIRST QUARTER 2025 RESULTS TORONTO, May 1, 2025- Trisura Group Ltd., a leading specialty insurance provider, today announced financial results for the first quarter of 2025. David Clare, President and CEO of Trisura, stated,. "In Q1 Trisura reported a strong Operating ROE of 18.4% driven by Operating net income of $34.2 million or $0.70 per…
American International Group, Inc. today reported financial results for the first quarter ended March 31, 2025. Global Commercial grew 10%†, maintaining high retention of 88% and very strong and balanced new business of $1.1 billion. “We continued to deliver against our disciplined capital management strategy and in many ways accelerated progress in the…
HOUSTON, May 01, 2025– Skyward Specialty Insurance Group, Inc. today reported first quarter 2025 net income of $42.1 million, or $1.01 per diluted share, compared to $36.8 million, or $0.90 per diluted share, for the same 2024 period. Adjusted operating income for the first quarter of 2025 was $37.3 million, or $0.90 per diluted share, compared to $31.0 million, or…
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Merchants Mutual Insurance Company and its wholly owned subsidiaries, Merchants National Insurance Company and Merchants Preferred Insurance Company. All companies are headquartered in Buffalo, NY and…
The start of what is forecast to be an“ above average” 2025 Atlantic hurricane season is just a month away and the Insurance Information Institute is recommending homeowners, condo owners, renters and business owners prepare now. Led by Colorado State University senior research scientist Phil Klotzbach, Ph.D., a non-resident scholar at Triple-I, CSU’ s TC RAMS…
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Associated Mutual Insurance Cooperative. At the same time, the company’ s high dependence on reinsurance and inadequate level of reinsurance protection above its 1 in 100- year modeled event continues to pose a substantial risk, particularly considering…
The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. and its affiliates, issued its Q1 2025 Market Pulse Report showing signs of continued resilience across much of the commercial insurance landscape, although underlying pressures could test market stability later this year. "The market is stable in many areas but is not without its…
Hamilton, Bermuda- Hiscox Ltd, the international specialist insurer, today issues its trading statement for the first three months of the year to 31 March 2025. Highlights: Group insurance contract written premiums increased by 2.4% to $1,558.0 million driven by continued momentum in Hiscox Retail, which grew by 6.1% in constant currency, and a retuto growth in…
