Selective adds Julie Parsons as Independent Director
Selective Insurance Group, Inc. has appointed Julie Parsons to its Board of Directors as an Independent Director, effective November 3rd, 2025. With this addition, Selective’s Board is now composed of 12 directors, 11 of whom are independent. Parsons is an…
Re/insurance key to meeting Southeast Asia’s growing protection needs: SRA Chair
In a keynote address at the 21st Singapore International Reinsurance Conference (SIRC), Kenrick Law, Chair of the Singapore Reinsurers’ Association, highlighted Southeast Asia’s resilient growth amid global uncertainty, as re/insurers increasingly expand their headquarters and operations in the region. Law…
Corebridge Financial reports $144m net income in Q3’25
Corebridge Financial, an American multinational financial services company, has announced its financial results for the third quarter of 2025, reporting net income of $144 million, which compares to a loss of $1.2 billion in the same period last year. The…
James River posts underwriting income of $8.9m and improved CoR in Q3’25
James River Group Holdings, Ltd., a Bermuda-domiciled insurance holding company, reported underwriting income of $8.9 million in the third quarter of 2025, compared to a loss of $56.8 million in the same period last year, with its combined ratio improving…
Westfield Specialty International appoints Baldwin as President
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Anthony Baldwin as President, Specialty International, subject to regulatory approval. In his new role, the executive will be responsible for all Westfield Specialty business outside the United States….
Mitsubishi Electric completes sale of insurance subsidiary to Marsh Japan
Mitsubishi Electric Corporation has announced the completion of the sale of all shares in its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. Mitsubishi Electric Insurance Service was established in 1999 as an insurance agency…
ASIC eyes London-sourced U.S. specialty reinsurance opportunities ahead of Jan 1
Dallas-based E&S carrier AM Specialty Insurance Company (ASIC) is reportedly seeking London-sourced, U.S.-domiciled specialty reinsurance opportunities in the run-up to the January 1, 2026, renewal season. According to ASIC, since its launch three years ago, the firm has built a…
Aon reports competitive conditions in global insurance market amid underlying risks
Global professional services firm Aon has released its Q3 2025 Global Insurance Market Insights report, which outlines one of the most competitive insurance markets seen in recent years. According to Aon, buyers across many regions are benefiting from ample capacity,…
YTD legacy deals hit 26 with $1.36bn of gross liabilities transferred: PwC
According to a new PwC report, three legacy transactions were publicly disclosed in Q3 2025, bringing the year-to-date total to 26 deals with a combined £1.36 billion in gross liabilities transferred. “Consistent with much of the activity observed so far…
Greenlight Re posts record-low CoR in Q3’25, though investment portfolio falters
Greenlight Capital Re has reported Q3 2025 net underwriting income of $22.3 million, up sharply from $6.1 million a year earlier, as the combined ratio improved to a record low of 86.6%. Meanwhile, the firm’s gross premiums written in Q3…