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Skyward Specialty reports $43.2m net income and improved CoR for Q4’25

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…

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B.P. Marsh views sustained M&A wave as strategic opportunity

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…

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Markel Group names Wilson and Crowley as EVPs

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…

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Zurich Australia expands in life insurance market with ClearView acquisition

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…

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Solomon Islands records first climate risk insurance payouts following January heavy rainfall

The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first disbursement of the Solomon Islands Climate Risk Parametric Insurance Scheme. The payments were triggered by a heavy rainfall event in January 2026 and were processed through the bank’s regulatory…

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