Verisk caps off 2025 with revenue of $3.07bn

Verisk, a strategic data analytics and technology partner for the global insurance industry, reported total revenue of $3.073 billion in 2025, a 6.6% increase from 2024. The company said underwriting revenue rose 7.7% from 2024 to $2.18 billion, driven by growth in forms, rules and loss cost services and catastrophe and risk solutions. Lifestyle solutions…

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Flood risk intensifies as insurance protection lags across the US: Triple-I

The Insurance Information Institute (Triple-I), a U.S. trade association that represents the insurance industry and provides risk trend research and data, reports that a series of deadly floods will occur across the country in 2025, highlighting the growing threat of inland flooding and flash flooding and the continued importance of adequate flood insurance protection. Triple-I…

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Fidelis Insurance promotes O’Donovan to Group Chief Actuary

Bermuda-registered reinsurer Fidelis Insurance Holdings Limited has promoted Shane O’Donovan to group chief actuary. In his new role, O’Donovan will continue to report to group managing director Jonny Strickle, who will continue to oversee the group’s actuarial functions. Additionally, he will now oversee the global actuarial capabilities, responsible for optimizing the allocation and deployment of…

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BMS launches new Accident & Health division with five senior appointments

Independent insurance and reinsurance broker BMS has confirmed five appointments for its newly formed Accident & Health (A&H) division in London. The new team will work with BMS’s established A&H relationships to deliver solutions across international markets without geographic or customer restrictions. James Early joined BMS on 9 February as Managing Director. Previously, he spent…

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Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap

Life reinsurer Pacific life Re has strengthened its presence in the Dutch market by completing a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering NV, a subsidiary of ASR Group. The agreement is Pacific Life Re’s second longevity reinsurance transaction in the Netherlands, following last year’s landmark €2 billion longevity reinsurance transaction with Nationale-Nederlanden….

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Fuse introduces Radar: AI-driven market intelligence for insurance professionals

Fuse International, Inc., a company specializing in data-driven solutions for the insurance industry, has launched Radar, an AI-driven market intelligence platform designed to enhance the decision-making capabilities of commercial and specialty insurance professionals. Fuse International, Inc. developed Radar to give brokers insights into which operators are currently pursuing specific exposures, while enabling operators and managing…

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Casualty drives top-line growth at Conduit Re in 2025 as revenue rises 10%

Bermuda-based reinsurer Conduit Re’s full-year 2025 gross written premiums (GPW) rose 6.9%, with the company’s undiscounted combined ratio rising 4.4 percentage points to 101.5%, driven by modest growth in property and casualty, which contributed 15.3% to January’s undiscounted net loss ratio from the California wildfires. By 2025, total gross profit margin for the entire group…

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