HDI Global’s insurance revenue rises 8% to €5.1bn in H1’25
HDI Global, a commercial and specialty lines insurer, reported insurance revenue of €5.1 billion for the first half of 2025, an 8% increase from €4.8 billion in the same period last year. The company said its revenue and net income…
T. Rowe Price strengthens insurance business with three new hires
T. Rowe Price, a global investment management firm, has announced three senior appointments to support the continued expansion of its insurance business. Headquartered in Baltimore, Maryland, the firm provides a broad range of investment solutions across equity, fixed income, and…
Atradius UK launches dedicated Surety department
Atradius UK, a provider of trade credit insurance, surety, and collections services worldwide, has launched a dedicated Surety branch, expanding its ability to deliver bonds and guarantees to businesses across the UK. This reinforces Atradius’s established UK market position and…
Howden names Chris Hughes as CEO of New Zealand
Howden, the global insurance and reinsurance broking group, has appointed Chris Hughes as Chief Executive Officer (CEO) of New Zealand (NZ), effective November, after fulfilling his contractual obligations to his current employer. Meanwhile, Nigel Wallace transitions to the role of…
UK bulk annuities show strong activity in H1’25, according to Aon
Aon, a professional services firm specialising in risk, retirement, and health solutions, has reported that the UK bulk annuity market remained active in the first half of 2025, despite a modest slowdown in overall volumes compared with the latter half…
PPL launches first general market release from Microsoft partnership
Placing Platform Limited (PPL) has launched the first general market release from its Microsoft partnership, introducing a new app within Outlook that gives clients access to upcoming products and features. Alongside the app’s launch is direct connectivity between Microsoft Outlook…
Life reinsurance serves as vital diversification mechanism for Big Four: AM Best
AM Best has noted that life protection reinsurance, driven largely by the US market, has been a key element of the European Big Four reinsurers’ risk profiles, providing diversification and earnings stability, with typical margins of 5%–10%. “This reduces the…
Nationwide completes acquisition of renewal rights for Markel’s Global Reinsurance unit
As previously announced, Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has completed the acquisition of the renewal rights of Markel Insurance’s Global Reinsurance business. This signals Markel’s exit from the reinsurance market as part…
Willis launches global digital auto-follow facility Gemini
Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios. The “innovative” solution is set to address the growing complexity of risk and…
Swiss Re appoints Robin Spencer as COO for L&H Reinsurance
Global reinsurer Swiss Re has appointed Robin Spencer as Chief Operating Officer (COO) for its Life & Health Reinsurance (L&H Re) business unit, effective 1st September 2025. Based in London, Spencer will oversee Swiss Re’s global L&H Re operations, focusing…