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Analysis from the Swiss Re Institute highlights that by 2025, about 99.9% of natural catastrophe losses in North America will be caused by secondary disasters such as wildfires and severe convective storms (SCS). Monica Ningen, CEO of Swiss Re U.S. Property & Casualty Re, said that the year is “another clear signal” that the risk…
Ryan Specialty Holdings, Inc., an international specialty insurance company, reported total revenue of $795.2 million in the first quarter of 2026, an increase of 15.2% from $690.2 million in the same period last year. Ryan Specialty attributed the increase in revenue to continued organic revenue growth of 11.8%, driven by new customer wins and expansion…
Aon Reinsurance Solutions contributed $1.28 billion to Aon’s first-quarter 2026 revenue, helping push total revenue to $5 billion. This represents an increase of $305 million compared to the first quarter of 2025, driven by organic growth of 5% and favorable foreign exchange effects of 4%. In the first quarter of 2026, venture capital revenue increased…
Hamilton Insurance Group announced its financial results for the first quarter of 2026. Net profit was US$134 million, up from US$80.8 million in the first quarter of 2025. The combined ratio improved to 89.8%, down from 111.6% in the same period last year. Operating income for the quarter was $166.7 million, compared with operating income…
Markel Insurance chief executive officer (CEO) Simon Wilson said the company continued to see opportunities in the US casualty market, but with rates coming under pressure and competition increasing, he stressed that Markel would not lose discipline or follow the market down. During Markel Group’s first-quarter 2026 earnings call, Wilson noted that opportunities still exist…
According to Aon Group, the ongoing severe weather outbreak from April 23 to 29 severely impacted much of the central and southern United States, with total economic and insured losses expected to reach billions of dollars. Large hail, high winds and damaging tornadoes were recorded. North Texas and the Midwest were hit hard by tornadoes…
International insurance group Ageas has completed the acquisition of a 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA/NV, becoming the sole owner of its Belgian insurance subsidiary. The deal, first announced in December 2025 for a total consideration of €1.9 billion, marked a strategic shift for Forges in consolidating its foothold in…
WTW, a global consulting and consulting firm specializing in risk, benefits and human capital solutions, announced through its Insurance Consulting and Technology segment that it is expanding its health insurance consulting and technology capabilities in international markets. The company said the development is designed to meet growing demand for expertise as health systems and insurance…
Arthur J. Gallagher & Co. reported strong results for the first quarter of 2026, driven primarily by its core brokerage business, which posted double-digit growth in revenue, earnings and EBITDA. According to the report, Gallagher’s total revenue increased to $4.716 billion in the first quarter of 2026 from $3.688 billion in the same period last…
Recent market disclosures suggest insured losses from the Baltimore Bridge collapse could exceed $2.8 billion, with Howden Re managing director Hugo Chelton saying the worst impact is likely to fall on major reinsurers and the retrocession market, with losses likely to represent a significant single-event hit relative to their capital base for some players. “When…