INSURASALES

Tag: Reinsurance

Allstate Reports Lower Catastrophe Losses for July 2025, Boosts Reinsurance Coverage

Allstate reports $184M catastrophe losses for July 2025, down from prior year and increases reinsurance coverage to $9.5B to manage catastrophe risk.

Swiss Re Names Robin Spencer COO of Life and Health Reinsurance

Swiss Re appoints Robin Spencer as COO of Life and Health Reinsurance to drive operational efficiency and technology integration amid strong financial performance.

TransRe Adopts Cytora AI to Digitize Facultative Reinsurance Operations

TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.

American Integrity Insurance Group Reports Robust Q2 2025 Growth Post-IPO

American Integrity Insurance Group reports strong Q2 2025 financial results with significant policy growth and robust underwriting in Florida's residential property insurance market following its IPO.

State Farm Halts New Home and Business Insurance in California Over Wildfire Risks

State Farm suspends new home and business insurance applications in California due to soaring wildfire risks and rebuilding costs, highlighting challenges in the property insurance market.

Swiss Re Updates Life Guide with Longevity Drug Underwriting Guidance

Swiss Re updates its Life Guide to help underwriters assess life insurance risks related to repurposed longevity drugs like metformin and rapamycin, enhancing medical risk evaluation and underwriting consistency across global markets.

WTW Strengthens Insurance Consulting Leadership with Key Senior Hires

WTW appoints senior directors to boost annuity actuarial consulting, M&A advisory, and life insurance product pricing capabilities in its Insurance Consulting & Technology division.

F&G Annuities Forms $1B Reinsurance Partnership with Blackstone Funds

F&G Annuities partners with Blackstone-managed reinsurance vehicle in a $1 billion deal to support fixed indexed annuity growth and enhance capital efficiency.

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.

Corebridge Financial Reports Strong Q2 Amid Record Annuity Sales and Strategic Reinsurance Deal

Corebridge Financial posts strong Q2 results with 5.8% annuity sales growth, introduces MarketLock RILA product, and secures a major reinsurance deal to optimize risk and earnings.