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Credit ratings agency AM Best said the U.S. property and casualty (P&C) insurance industry recorded its strongest performance in a decade in 2025, driven by disciplined underwriting, strong pricing and investment returns, despite continued pressure on claims costs and liability risks. “Despite headwinds, interest rate action and investment gains drove U.S. property and casualty insurance…

Price Forbes has appointed Gareth Davies as executive vice president and head of real estate, effective immediately. Davies will be based in Bermuda and lead the strategic development and growth of the company’s real estate division. Davis has thirty years of industry experience and prior to joining Price Forbes, he served as a real estate…

Marine insurance provider Skuld has reported successful and strong results for mutual P&I renewals in 2026/27, reflecting disciplined underwriting, firm market positioning and continued support from existing and new members. The Skuld shipowner’s mutual insurance and indemnity business book increased to 128 million gross tons (GT), a year-on-year tonnage increase of 6%. Skuld said it…

Property and casualty (P&C) specialty insurance company Skyward Specialty Insurance Group announced financial results for the fourth quarter of 2025, with net profit of $43.2 million, total premiums increased by 13.2%, and a combined ratio of 88.5%. Net income improved significantly in the fourth quarter of 2025 compared to $14.4 million in the same period…

The Board of Directors of the International Underwriting Association (IUA) has announced that Chris Beazley, Chief Commercial Officer of SCOR Business Solutions and CEO of SCOR UK and SCOR Syndicate, has joined its Board of Directors. The IUA Board of Directors governs and oversees the work of the Association to ensure the best trading environment…

Specialist venture capital firm BP Marsh & Partners, a specialist in early-stage financial services businesses, said it sees continued mergers and acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in new investments, following a strong financial year to January 31, 2026. BP Marsh continued its strong portfolio performance during…

Global reinsurance and insurance company Markel Group Inc. has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVPs), effective immediately. In addition to their current responsibilities, the two will also take on expanded responsibilities. Currently, Wilson serves as Chief Executive Officer (CEO) of Markel Insurance and Crowley serves as President of Markel…

Zurich Financial Services Australia (Zurich) has entered into an agreement to acquire ClearView Wealth Limited (ClearView) through a scheme of arrangement. The ClearView equity value of the transaction is approximately A$415 million. Zurich Australia confirms that the proposed acquisition has received the unanimous recommendation of ClearView’s directors. Implementation of the proposed acquisition is subject to…

Direct-to-consumer digital home, auto insurance and home finance provider Kin reported continued strong revenue expansion in 2025, with gross written premiums (GWP) rising 28% year over year to $634.4 million, compared with $495.3 million in 2024. The growth was primarily driven by renewal premiums, which climbed to $439.9 million in 2025 from $302 million a…

Global insurance and reinsurance broker Howden has appointed Cheryl Yi Min Poon as director of multinational client operations. Cheryl joins Howden from Marsh Asia for ten years, most recently as Vice President. She originally joined Marsh Asia in 2015 as an account manager and was later appointed assistant vice president. Prior to that, the executive…