Previsico closes Series A funding round to accelerate global growth
Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic venture capital arm, and BlueOrchard Finance Limited, a…
Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO
Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there’s still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in recent times,…
85% of insurers negatively impacted by third-party risks: Dun & Bradstreet
Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report. Dun & Bradstreet’s recent Financial Services & Insurance Pulse Survey 2025…
Helios confirms Tucker CEO appointment, adds Parsons as INED
Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has confirmed the appointment of Louis Tucker as CEO, alongside the hire of Joanna Parsons as an Independent…
Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy
Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on…
Echo Re adopts ACORD’s ADEPT platform for digital messaging with Gallagher Re
Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into its downstream systems. This implementation of…
T&D Holdings invests in new Fortitude Re and Carlyle reinsurance sidecar
T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (approx. JPY 37.5billion,…
W. R. Berkley’s Q3’25 net income rises 40% to $511m
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the company…
A return to the challenges of two to three years ago ‘out of the question’, says MAPFRE RE’s Meyerhoff
Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of…
RLI sees underwriting income expand in Q3’25 as CoR improves to 85.1%
RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable development on…