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Property and casualty insurer Hanover Insurance Group, Inc. reported a record net profit of $198.5 million in the fourth quarter of 2025, an increase of 18.2% from $167.9 million in the same period a year earlier. Operating income for the quarter was $210.1 million, an increase of 8% from $194.6 million in the fourth quarter…

Global insurance and reinsurance broking group Aon has announced that its specialist UK insolvency and restructuring insurance and risk team in Birmingham has appointed Catherine Williamson as director of growth and technology. In this newly created role, Williamson will focus on delivering insights and solutions to clients managing business restructuring and disruption. By combining Aon’s…

Global reinsurer Munich Re has appointed Till Böhmer as head of central analytics (data, analytics and artificial intelligence). Böhmer will serve in this role on an interim basis for the next nine months, leading the central analytics function. He will be responsible for driving the analytics platform as well as AI strategy, communications, governance and…

In its full-year and fourth-quarter 2025 results, Chubb reported record property and casualty underwriting revenue of $6.53 billion, an increase of 11.6% from 2024, and a record-low combined ratio of 85.7%. Chubb Chairman and CEO Evan G. Greenberg praised 2025 as a great year, highlighting the significant contribution of the company’s operations. “Our consistent and…

Bermuda-based reinsurer RenaissanceRe (RenRe) reported underwriting revenue of $669 million in the fourth quarter of 2025 and $1.3 billion in full-year underwriting revenue, with all three of the company’s major profit drivers performing strongly. RenRe performed strongly in 2025, with net profit of US$752 million in 4Q25, compared with a loss of US$199 million in…

Bermuda-based insurer and reinsurer AXIS Capital Holdings Limited has expanded Dan Draper’s role to include head of AXIS Re and appointed Ann Haugh to the newly created position of group chief operating officer (COO). These appointments are part of a planned succession and leadership development process. Both will continue to report directly to AXIS President…

Verisk, a global provider of data analytics and technology for the insurance industry, estimates that winter storm ferns will cost the insurance industry $4 billion in property and auto damage, primarily caused by freezing effects, with additional damage from wind and snow. Early results from Verisk’s updated U.S. winter storm model indicate that 14 states…

Zurich has reached an agreement in principle with Beazley on the key financial terms of a potential proposed cash offer for all existing and to-be-issued ordinary shares in the specialist insurance company. Readers may recall that on January 4, 2026, Zurich submitted a proposal to acquire 100% of the London-based insurance company for 1,230 pence…

French reinsurer SCOR has disclosed property and casualty (P&C) reinsurance renewal results for January 2026, reporting selective portfolio growth amid a competitive pricing environment, with overall estimated gross premium income (EGPI) for traditional reinsurance rising 4.7% to €4.493 billion and alternative solutions growing 80.5% to €1.185 billion. In traditional property and casualty reinsurance, SCOR reported…

Sophie Wentges is joining Willis Re’s catastrophe analysis team, where she will support the London and Bermuda brokerage teams. Wentges has approximately 12 years of experience in professional catastrophe modeling in the brokerage and insurance sectors. She began her career at Hiscox in the London Market Property & Specialty Insurance, Catastrophe Analytics division, where she…