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Technology-based insurance company Slide Insurance Holdings, Inc. reported net profit of $170.4 million in the fourth quarter of 2025, an increase of 126.9% from $75.1 million in the same period last year. Total gross written premiums for the quarter were $618.5 million, an increase of 56.7% from $394.6 million in the fourth quarter of 2024,…
The net inflows of international insurance group Ageas increased by 9% year-on-year to 19.6 billion euros. Supported by the continued expansion and solid performance of the reinsurance business, net operating results will increase by 33% in 2025, reaching 1.65 billion euros. Reinsurance third-party business inflows will increase to EUR 905 million in 2025 from EUR…
Global insurance and reinsurance brokerage Howden has launched a new Japan program within its construction and infrastructure assets division, announcing key senior appointments. Howden said the move further strengthens its global capabilities to support Japan-led construction and infrastructure projects around the world. It was established in response to Japan’s substantial and growing investment in major…
International General Insurance Holdings, Inc. (IGI), a specialty commercial insurer and reinsurer, reported net income of $32.3 million in the fourth quarter of 2025, an increase of 7.7% from $30 million in the fourth quarter of 2024, driven by continued positive underwriting performance and investment income. Full year 2025 (FY25) net profit was US$127.2 million,…
Credit ratings agency AM Best upgraded the financial strength ratings of specialty insurer RLI Corp.’s insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company to A++ (senior) from A+ (senior). In addition, the rating agency also upgraded the company’s long-term issuer credit rating from “aa” (senior) to “aa+” (senior)….
Technology-enabled reinsurer Northern Re has revealed that it has increased committed capital by $150 million, with support from new and existing investors, bringing total platform capacity to $325 million. With platform development beginning in 2020 and the company officially launching in 2022, Northern Re enters the mortgage reinsurance and insurance-linked securities (ILS) markets with a…
Technology-enabled reinsurer Northern Re has revealed that it has increased committed capital by $150 million, with support from new and existing investors, bringing total platform capacity to $325 million. With platform development beginning in 2020 and the company officially launching in 2022, Northern Re enters the mortgage reinsurance and insurance-linked securities (ILS) markets with a…
AIA Australia has become the fifth major life insurance company in Australia and New Zealand to implement VClaims, a digital rules engine developed by SCOR Digital Solutions and local technology provider Adviser Connect. The deployment, to be completed in 2025, marks another important milestone in the development of SCOR Digital Solutions’ claims automation capabilities in…
International insurance brokerage group Lockton has promoted Michael Lombardi to president of Lockton Global Solutions and Lockton Global Partners. Lombardi has been with Lockton for more than 22 years, serving as executive vice president of Lockton Global Solutions for the past seven years. He previously served as senior vice president, head of Northeast international operations…
After legislative changes enacted in 2025 reduced the level of catastrophe financing required by the Texas Windstorm Insurance Association from a 1-in-100-year Probable Maximum Loss (PML) to a 1-in-50-year Probable Maximum Loss (PML), the TWIA Board of Directors adopted a $4.3 billion 1-in-50 PML for the 2026 storm season. The one-fiftieth PML represents a loss…