April 29, 2025- SiriusPoint Ltd., a global specialty insurer and reinsurer, has today announced the appointment of Eleanor Gibson as International Chief Underwriting Officer, effective May 6, 2025. Based in London, Ms. Gibson will report to Rob Gibbs, President& Chief Executive Officer, SiriusPoint International, and Anthony Shapella, Group Chief Underwriting…
Reinsurance
Continuing earnings from Taaleri's private asset management business grew, but financial market volatility strained the Group's performance. January- March 2025 Continuing earnings decreased by 9.0% to EUR 9.3 million. On 4 April 2025, Taaleri announced that it had changed its financial reporting as of 1 January 2025.
Quarterly Financial Supplement -1 Q2025. Health and life new annualized premiums 11. Consolidated statutory information of U.S. based insurance subsidiaries 14.
Disabled and living on a fixed income, Kinga Carter strives to make every dollar count in the little northwest Omaha townhouse she shares with two yorkies, two cats and a couple cockatiels. The average homeowners insurance premium in Nebraska has more than doubled over the past decade— the largest increase in the nation. A recent study by business analytics firm…
London, UK: Specialist global insurer Hiscox has today announced the appointment of Phil Withey as Chief Technology Officer for Hiscox London Market.. Prior to LSEG, Phil's previous experience included roles with Barclays Capital and Threadneedle Investments.. He will report jointly to Hiscox Group CIO Chris Loake and Hiscox London Market CEO Kate Markham…
SPANISH SECURITIES AND EXCHANGE COMMISSION. In accordance with article 227 of Law 6/ 2023, of March 17, on the Securities Market and Investment Services, MAPFRE, S.A. hereby gives notice to the Spanish Securities and Exchange Commission of the following. ACTIVITY REPORT TO MARCH 31, 2025.
The Hartford Insurance Group, Inc.. Hartford Fire Insurance Company ratings are on positive outlook at Standard and Poor's and Moody's and on stable outlook at A.M. Best Hartford Life and Accident Insurance Company ratings are on positive outlook at Standard and Poor's and on stable outlook at A.M. Best and Moody's Navigators Insurance Company ratings are on…
Core earnings* of $639 million decreased 10% from $709 million over the same period in 2024. Net income ROE for the trailing 12 months of 18.8% and core earnings ROE* of 16.2%. Property& Casualty written premiums increased by 9% in the first quarter of 2025, driven by Business Insurance and Personal Insurance premium growth of 10% and 8%, respectively. Business…
The Hartford today announced financial results for the first quarter ended March 31, 2025. The Hartford’s Chief Financial Officer Beth Costello said,“ Business Insurance had a strong quarter with top-line growth of 10 percent and an underlying combined ratio of 88.4. First quarter 2025 net income available to common stockholders of $625 million, or $2.15 per…
Universal Insurance Holdings reported first quarter 2025 results. “We continue to see signs that the 2022 Florida legislative reforms are working, providing much needed stability to the property insurance market, which ultimately benefits policyholders with increased certainty and choice,” said Stephen J. Donaghy, Chief Executive Officer.“ In the quarter, we…
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Egypt National Scale Rating of aaa.EG of Misr Insurance Company. Despite MIC’ s relatively conservative investment allocation by asset class, AM Best considers the quality of its assets to be weak given the company’s concentration in Egypt, which exposes…
MSI™, one of the largest independent managing general agencies in the United States, announced today the launch of its commercial general liability insurance solution designed specifically for habitational properties. “Increasing claims costs, evolving litigation trends, and tightening capacity have created significant challenges for habitational…
Appoints: Matt Meserole, Head of Excess Casualty, Everest Evolution™ Adam Birch, Head of Industry Specialties, Everest Evolution™ Cristin McCarthy, Head of Excess Construction, Everest Evolution™. A recognized E&S market leader, Mr. Birch previously held senior underwriting positions of increasing responsibility at Lexington Insurance and Argo Group. Cristin…
State Farm, Nationwide Mutual Insurance, Homesite Indemnity Company and American Modern Property and Casualty Insurance are raising rates, with some starting as early as Friday, according to filings from the Nevada Division of Insurance. State Farm Fire and Casualty Company, with 214,157 policy holders affected in Nevada, was approved by the DOI to raise…
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. Established in 1993, the Company has offices in Bermuda, Australia, Canada, Ireland, Singapore, Switzerland, the United Kingdom and the United States. This financial supplement includes…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Interamericana de Fianzas y Seguros, S.A.. As of December 2024, IFS ranked as the country’ s 14th largest insurer, based on its 1.55% market share of overall premiums and 21st as of February 2025 with 0.4% market share. IFS is Panama’ s third-largest surety writer,…
Selective Insurance Group, Inc. reported financial results for the first quarter ended March 31, 2025, with net income per diluted common share and non-GAAP operating income 1 per diluted common share of $1.76. Net investment income increased 12% from a year ago, to $96 million after-tax, and generated 12.8 points of annualized ROE in the quarter.
MX” of Momento Seguros, S.A. de C.V.. Momento is a Mexico- based insurtech that started operations in July 2023 and was established to offer insurance products, but with technological advantages over other traditional companies in its market. The company´s underwriting is concentrated in personal motor businesses in Mexico City, causing its business profile…
That move could increase health insurance premiums for Western Slope families by an average of about $13,000 per year. Governor Polis is focused on saving people money on healthcare, and Coloradans across the state have benefited from this important work. Governor Polis does not support defunding reinsurance for any purpose.
