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Hippo returned to profitability in the first quarter of 2026, with a net profit of $7 million, compared with a net loss of $48 million in the same period a year earlier, thanks to significantly stronger underwriting results. The insurance company’s net loss ratio in the first quarter of this year was 48%, an improvement…
Global insurer AIG’s general insurance (GI) business more than tripled underwriting revenue to $774 million in the first quarter of 2026 due to lower catastrophe losses, while gross written premiums (GPW) increased 11% year-on-year to more than $10 billion. AIG explained that as gross premiums grew, net premiums written (NPW) increased 24% year over year…
Aon, a global professional services firm focused on risk, retirement and health solutions, has announced three senior appointments to its Asia Pacific growth team. The move reflects Aon’s continued commitment to strengthening its commercial leadership and regional capabilities in Asia Pacific. The company has appointed Richard Tan, Maggie Hsieh and Michel Muganza to key leadership…
Zurich-based catastrophe insurance data provider PERILS has released its third industry loss estimate for severe convective storms (SCS) on Australia’s east coast in late October 2025, putting losses at A$1.502 billion. The event affected Queensland, New South Wales and Victoria between October 26 and November 1, 2025. Eastern Australia experienced a prolonged period of severe…
Insurance brokerage and advisory firm Willis has announced a series of senior leadership appointments across North America. The changes proposed by Willis are part of its plan to support continued growth and advance the integration of Newfront, a specialist broker known for its use of technology. Willis attributes the six appointments to its focus on…
Global insurer and reinsurer Arch Capital’s outlook for property catastrophe reinsurance mid-year renewals points to a highly competitive market, suggesting that strategic adjustments may be made in response to expected interest rate declines. In the company’s latest earnings report, Call Arch CEO Nicolas Papadopoulo commented on the property cat reinsurance space: “We don’t have a…
Hannover Re US announced the appointment of Kelly Rabin as senior vice president and chief actuary, effective May 1, 2026. She succeeds John Di Meo, who was appointed executive vice president and chief financial officer on January 1, 2026. In her new role, Rabin will lead a broad range of actuarial functions, including regulatory reporting,…
Everest Group President and CEO Jim Williamson said the first quarter highlighted what the “new Everest” can offer, calling the company’s position the strongest in years and expressing confidence in its trajectory. The Bermuda-based global reinsurer posted net profit of $653 million in the first quarter of 2026, up more than 210% year-on-year, and its…
USQRisk, part of Ryan Specialty’s alternative risk arm, has hired John Levy of Swiss Re, one of Europe’s four largest reinsurers, as global head of structured reinsurance. USQRisk provides specialty re/insurance to corporate and re/insurer clients through its two core business units (Alternative Risks and Facilities, Structures, Price and Location) and develops innovative insurance programs…
财产和意外伤害保险公司汉诺威保险集团 (Hanover Insurance Group, Inc.) 公布了 2026 年第一季度的财务业绩，净营业收入为 1.868 亿美元，高于去年同期的 1.282 亿美元。 该公司 2026 年第一季度的综合成本率为 91.7%，较 2025 年第一季度的 94.1% 有所改善。 剔除巨灾损失的影响，2026 年第一季度综合成本率为 85.4%。巨灾损失达 9,890 万美元，对整体综合成本率贡献 6.3 个百分点。 2026 年第一季度净股本回报率和运营股本回报率强劲，分别为 20.9% 和 20.3%。 2026 年第一季度营业收入增至 1.885 亿美元，而去年同期为 1.418 亿美元。净承保保费为16亿美元，同比增长3.2%。 核心商业税前营业收入同比有所改善，2026 年第一季度达到 7,480 万美元，综合成本率为 96.6%。 2026 年第一季度，该细分市场的净承保保费为 6.304 亿美元，比上年同期增长 4.3%，反映出小型商业市场增长 6.4%，中型市场增长 1.5%，均较 2025 年第四季度有所加速。 特种业务部门的税前营业收入同比增长8400万美元，综合成本率为84.2%。 本季度巨灾损失为 960…