Autumn Budget 2025: what it means for you
Our experts break down the outcomes and implications of the Chancellor’s Autumn Budget 2025.
VIG’s profit increases by 31% to €872.8m at the end of Q3’25
Vienna Insurance Group (VIG) has reported increases across all key figures in results for the first three quarters of 2025, with profit before taxes increasing by 31% to €872.8 million, driven by Special Markets, Poland, the Czech Republic and Austria….
TFP’s Pine Walk launches Alternative Risk Transfer MGA Carnovis
Pine Walk, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of a new Alternative Risk Transfer managing general agent (MGA), Carnovis Specialty Limited. Based in London, the MGA will begin underwriting…
Beazley expects new Bermuda platform to deliver ~$400m premium by 2030
Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees “strong growth trajectory” for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley announced plans to establish a presence in…
Clean data key to a successful AI-driven reinsurance industry: Ben Rose, Supercede
Ben Rose, Co-Founder and President of Supercede, the independent reinsurance platform, said he does not reasonably foresee a successful AI-driven reinsurance industry as things stand, but if the industry reaches a point where it has “clean data flying around”, this…
QBE Re expands into structured reinsurance with Robert Turner hire
QBE Re, the reinsurance arm of QBE Insurance Group, has announced the appointment of Robert Turner as Global Head of Structured Reinsurance. The hire is part of the company’s strategy to expand into structured reinsurance. In his new role, Turner…
Rokstone adds Lucy Barker-Hahlo to its newly launched Cyber unit
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointment of Lucy Barker-Hahlo as Deputy Head of Cyber within its newly launched Cyber division. This follows Rokstone’s announcement last week of the launch of its dedicated Cyber…
W. R. Berkley appoints Hale Johnston President of Berkley Net
W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has recently announced that Hale Johnston has been appointed president of Berkley Net, one of its subsidiary companies, effective immediately. Johnston succeeds Brian Douglas, who has led Berkley…
ICA declares Queensland hailstorms an Insurance Catastrophe as claims surge
The Insurance Council of Australia (ICA) has declared an Insurance Catastrophe for the strong winds and damaging hail that impacted South East Queensland between Sunday, 23 November and Monday, 24 November, noting that insurers have already received more than 16,000…
Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO
Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today that within its cyber risks…