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Berkshire Hathaway P&C reinsurance boosted by Tokio Marine deal, as property volumes fall

Emily12 minutes ago06 mins

Berkshire Hathaway, the American multinational conglomerate holding company, reported that its recent whole account quota share reinsurance agreement with Tokio Marine boosted premium volumes in the second-quarter, which otherwise would have fallen primarily due to lower property underwriting volumes. Berkshire Hathaway reported that overall re/insurance underwriting earnings fell in the second-quarter compared to the prior…

HCI Group net income rises 19% to $83m in Q2’26

Emily1 day ago11 hours ago03 mins

HCI Group, Inc., a Tampa-based insurance holding company, has reported net income of $83 million in the second quarter of 2026, up 18.6% from $70 million in the same period a year earlier. In the quarter, the company posted pre-tax income of $111 million, up 18% from $94 million in Q2’25. Net income after non-controlling…

Amwins Global Risks broadens global renewable energy catastrophe facility and raises capacity to $50m

Emily1 day ago11 hours ago04 mins

Amwins Global Risks, the specialist wholesale insurance broking business of Amwins, has expanded its specialist natural catastrophe facility for renewable energy projects, increasing available capacity to USD $50 million per placement while extending both the range of covered perils and its global availability. The company said the facility was initially introduced to provide additional Severe…

ALIRT reveals contrasting residual property insurance trends across four high-risk US states

Emily1 day ago11 hours ago06 mins

ALIRT Insurance Research, a US insurance research and analytics firm focused on the property and casualty sector, has released a new report highlighting widening differences in the performance of residual property insurance markets across California, Florida, Louisiana, and Texas. The company says that although the wider US property insurance market has returned to profitability, conditions…

Octave Specialty grows Q2’26 revenue 51% as underwriting performance improves

Emily1 day ago11 hours ago05 mins

Octave Specialty Group, a US-listed global specialty insurance company operating across insurance distribution and specialty property and casualty insurance, reported improved second-quarter 2026 results, supported by stronger underwriting performance at its Everspan insurance business and continued expansion across its insurance distribution operations. At Everspan, Octave Specialty Group reported a more than 600 basis point improvement…

Cytora and Octave partner to strengthen AI-powered operations for MGAs

Emily1 day ago11 hours ago03 mins

Cytora, a UK insurance technology company that develops digital risk processing software for insurers, brokers and managing general agents (MGAs), has entered into a strategic partnership with Octave Specialty Group, a specialty insurance platform that invests in, acquires and grows MGAs. As part of the agreement, Cytora will provide its AI-powered risk processing and workflow…

Hamilton’s GWP rise 16.7% to $831m in Q2’26

Emily1 day ago11 hours ago08 mins

Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. has reported a rise in gross written premiums (GWP) of USD 119 million, or 16.7% for the second quarter of 2026 to USD 831 million, compared to USD 712 million in Q2’25. The re/insurer attributed this hike to the increase of USD 75.3 million, or 21.8%, in…

Morningstar DBRS says demographic change is reshaping life insurance markets in Canada and US

Emily1 day ago11 hours ago011 mins

Morningstar DBRS, a global credit ratings agency that provides independent analysis of financial institutions and other industries, has published commentary examining the impact of demographic shifts on the life insurance sector in Canada and the United States. The report, The Great Demographic Shift: Challenges and Growth Opportunities for Life Insurers in Canada and the US,…

Krehbiel joins Marsh Risk as Strategic Client Service Leader, Captive Solutions

Emily1 day ago11 hours ago02 mins

Marsh, the global insurance broker and risk advisory business, announced the appointment of Aileen Krehbiel as Global Strategic Client Service Leader, Captive Solutions at Marsh Risk, a newly created role. In her new position, Krehbiel will lead Marsh’s captive strategic deployment across its largest and most complex captive clients globally. Working closely with Marsh brokers…

P&C environment remains attractive, no acceleration in rate softening at July 1: Munich Re CEO

Emily1 day ago11 hours ago05 mins

Christoph Jurecka, Chief Executive Officer (CEO) of reinsurance giant Munich Re, has underlined the company’s ability to walk away from business where pricing is viewed as inadequate, but added that the P&C market is still attractive as the volume of business written by the reinsurer at the July renewals fell by 9.1%. This morning, Munich…