Tag: Reinsurance

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.

Berkshire Hathaway Q2 Reinsurance Profits Improve While Primary Insurance Faces Challenges

Berkshire Hathaway reports improved Q2 reinsurance underwriting profits due to lower losses and expenses, despite primary insurance challenges linked to Guard.

KBRA Rates $350M Venerable Surplus Notes at BBB+ with Stable Outlook

KBRA assigns BBB+ Stable rating to $350M surplus notes by Venerable Insurance and Annuity Company and Corporate Solutions Life Reinsurance, tied to variable annuity business reinsurance.

Berkshire Hathaway Insurance Profit Declines as GEICO Margins Improve

Berkshire Hathaway reports 12% drop in insurance underwriting profit despite GEICO's improved margins. Highlights include Kraft Heinz write-down and management transition.

Venerable Holdings Expands Variable Annuity Reinsurance with Corebridge and American General

Venerable Holdings boosts assets under management and annual sales through new variable annuity flow reinsurance agreements with Corebridge Financial and American General Life Insurance.

Stephen Weinstein Leads Mangrove Property Insurance with Agent Partnership Focus

Stephen Weinstein, founder and CEO of Mangrove Property Insurance, emphasizes building strong partnerships with independent agents to drive growth and collaboration in the insurance sector.