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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…

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…

Goosehead Insurance, Inc., an independent personal insurance agency, reported total revenue of $105.3 million in the fourth quarter of 2025, an increase of 12% from the same period last year. Core revenue, a non-GAAP measure that excludes contingent commissions, initial franchise fees, interest income and other franchise income, totaled $78.2 million in 4Q25, an increase…

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…

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….

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…

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…

Although natural disaster costs rose sharply to A$1.319 billion in the first half of 2026 from A$503 million a year earlier, Suncorp said its underlying business “remains resilient” and its capital position remains strong. Suncorp chief executive Steve Johnston said: “While Suncorp’s H126 reported profits and shareholder returns were challenged by rising natural disaster costs…

Global insurance company QBE has appointed Jesús Prieto Santa-Cruz as European technology and business performance manager. In his new role, Santa Cruz will focus on strengthening the insurer’s portfolio management capabilities across Europe, working closely with portfolio managers and underwriters. In addition, he will support deeper portfolio segmentation and analysis to optimize underwriting strategies and…

Pinion Insurance, a newly established professional insurance company incorporated in Bermuda and headquartered in London, has officially launched and received a preferred equity commitment of up to US$180 million from global asset management company Barings. The new insurance company is built on the foundations of Pinion Risk Consulting (PRC), a well-known data and analytics expert…