INSURASALES

Tag: reinsurance

Swiss Re Q1 2025: 16% Net Income Growth Amid Revenue Decline and Catastrophe Losses

Swiss Re reports 16% net income increase in Q1 2025 despite an 11% insurance revenue decline and significant catastrophe losses, backed by strong underwriting and investment results.

Heritage Insurance Secures $285M Boost in 2025-26 Catastrophe Reinsurance Program

Heritage Insurance Holdings completed its 2025-2026 catastrophe excess-of-loss reinsurance program with a $285 million increase in limits and incorporation of catastrophe bonds, enhancing risk transfer capacity and financial stability.

Florida Homeowners Could See Lower Windstorm Insurance Premiums in 2024

Florida's 2024 homeowner insurance premiums may decrease as reduced reinsurance costs and tort reform lower windstorm risk expenses. Market stability emerges post-2024 hurricanes.

Alpine Re Drops Plans to Launch $1 Billion Reinsurance Firm Amid Market Challenges

Alpine Re cancels plans to build a $1 billion reinsurance company due to difficult market conditions, reflecting challenges in the reinsurance sector.

Aquarian Holdings Launches New Insurance Division

Aquarian Holdings has established a new insurance division to drive growth and efficiencies in reinsurance and retail sectors.

Resolution Life Announces $9.7 Billion Reinsurance Deal with Protective Life

Resolution Life's $9.7 billion deal with Protective Life highlights trends in offshore reinsurance and raises regulatory concerns.

MetLife and General Atlantic Launch Chariot Reinsurance in 2025

MetLife and General Atlantic announce Chariot Reinsurance, a new Bermuda-based life and annuity reinsurance company launching in 2025, backed by $1 billion in equity.