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Kingstone has announced its financial results for the second quarter of 2026, reporting net income of $15.5 million, a record, and marking the “most profitable quarter in the company’s history,” according to the company’s President & CFO, Meryl Golden. Net premiums earned rose 30.8% as premiums from Kingstone’s reduced quota share continue to earn in,…
Accredited Insurance (Europe) Limited (Accredited) and Hellenic Hull Management (HM Insurance Agencies) Ltd (Hellenic Hull) have entered into a delegated authority partnership covering Hull & Machinery, ancillary marine risks and Marine Cargo. Hellenic Hull is a marine insurance management company specialising in Hull & Machinery coverage for all types of vessels. The company has been…
REVO Insurance S.p.A., an Italian speciality non-life insurer, has announced the submission of a binding offer to acquire Luxembourg-based Eurocaution S.A. in a transaction valued at up to €22 million. Eurocaution specialises in insurance intermediation and surety underwriting, operating across Luxembourg and Belgium. REVO Insurance said the proposed acquisition is subject to the negotiation and…
International law firm DAC Beachcroft has bolstered its Cyber and Data Risk practice with the appointment of three specialist cyber partners: Richard Breavington, Rachel Ford, and Daniel Guilfoyle. The trio joins from RPC where they were partners in its Cyber & Technology Insurance team, led by Breavington. All three partners bring extensive experience of advising…
Starwind Specialty, a North American programme management company and one of the region’s largest programme management operations, has introduced Starwind Private Client, a dedicated underwriting platform focused on the insurance needs of high-net-worth individuals and families undertaking complex residential property projects. The company said the new platform has been developed to provide specialist underwriting expertise,…
Markel Insurance, the insurance operation within Markel Group Inc., has appointed Doan Nguyen as Managing Director of Specialty of London Market operation, effective immediately. Nguyen succeeds Tom Hillier, who was appointed Chief Underwriting Officer for Markel International earlier this year. She is based in London and reports to Rohan Davies, Managing Director of London Market,…
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, 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, 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 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…