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According to preliminary consolidated unaudited data, Hannover Re parent company Talanx Group’s net profit increased 25% in fiscal 2025 to a record 2.48 billion euros. The group attributed the performance to strong second-half operating results and good claims experience. Talanx said primary insurance and reinsurance contributed equally to reported net profit. Insurance revenue, adjusted for…
Forza Investment Group has launched Forza Insurance Asset Management (FIAM), a new platform designed to meet the investment and reporting needs of insurance and reinsurance companies. FIAM operates as an independent business and offers a range of investment strategies, including investment grade fixed income, structured credit, private credit and selected opportunistic strategies. The company explains…
Lockton Re, the reinsurance business of Lockton, has expanded its capabilities in Latin America and the Caribbean with the appointment of Dario Luna as regional head of strategic risk solutions and Antonio Rodriguez as associate solutions for treaty reinsurance. Luna has more than 25 years of experience and in his new role, he will focus…
Specialty Program Group (SPG) LLC, a specialty insurance platform, announced that Travis Carpenter has joined the company as Vice President of Business Development for the Infrastructure Projects Division. In this role, Carpenter will oversee national sales and distribution efforts designed to drive continued profitable growth for SPG’s growing infrastructure offerings. With more than 25 years…
Global Insurance Law Connect (GILC), an international network of law firms specializing in insurance and reinsurance, has added JSA, one of India’s Tier 1 national law firms, to its network. The acquisition strengthens GILC’s presence in Asia and further enhances its collaborative expertise supporting insurance companies, reinsurers, brokers, intermediaries and other financial stakeholders globally. This…
Cyber risk modeling and analytics company CyberCube has appointed Chris Methven as its new chief executive officer (CEO), replacing Pascal Millaire, who has moved to senior advisor. Millaire, who has led CyberCube since its inception and steps down as CEO, is well-positioned to achieve its goal of becoming the leading global provider of financial cyber…
CNA Financial Corporation, a Chicago-based insurance company, announced financial results for the fourth quarter of 2025, with net income of $302 million, core revenue of $317 million, and a combined property and casualty ratio of 93.8%. For the full year of 2025, CNA Financial announced that its property and casualty insurance business had a net…
Arbol and Pollen Systems have partnered to bring to market a “first-of-its-kind” product that combines parametric insurance with multiple real-time data sources to solve long-standing challenges in agriculture and climate risk insurance. The initiative is supported by location intelligence leaders Esri and Omniris, which provide the underlying geospatial data platform and AI-driven analytics. The product…
A recent report from AM Best shows that cost and capacity constraints for Caribbean insurers have begun to ease as property reinsurance pricing softens at an accelerated pace and some terms and conditions are moderately relaxed. For regional insurers, this shift, combined with aggressive rate adjustments, paves the way for continued profitability. The report notes…
OpenAI has approved an insurance provider’s first AI application on ChatGPT, developed by Tuio, one of Spain’s leading digital insurance companies, and powered by WaniWani’s AI distribution infrastructure, enabling users to receive personalized home insurance quotes entirely in conversation and quickly purchase a policy. Citing a 2025 Express Legal Funding study, OpenAI found that 33%…