Specialist insurer Beazley has reported that its insurance written premiums reached $1.51 billion in Q1 2025, representing a 2% increase compared to the same period in 2024. Breaking down the Q1 2025 total, the Property Risks division contributed $482 million, Specialty Risks $461 million, MAP Risks $258 million, Cyber Risks $247 million, and the Digital […]
Sapiens International Corporation, a provider of software solutions for the insurance industry, has signed a definitive agreement to acquire AdvantageGo, a commercial re/insurance software provider, to enhance its global property and casualty (P&C) proposition through a structured cash deal, based on an enterprise value of £43 million. This acquisition aligns with Sapiens’ strategy to penetrate […]
Berkshire Hathaway Specialty Insurance (BHSI) has announced the appointment of Gabe Poppie as Strategic Growth Broker Leader and Brian Cummins as Customer & Broker Engagement Leader for the U.S. Northern Central region. Travis Bethune, Customer & Broker Engagement Leader, North America, BHSI, commented: “Strong, lasting relationships are foundational to BHSI and have driven our formidable […]
Renaissance Specialty Insurance (RSI), supported by Roosevelt Road Specialty, the MGU division of Roosevelt Road Capital Partners, announced that Jason Thrash has joined the company as a Senior Programme Underwriter. Thrash brings more than 18 years of experience underwriting Sports, Leisure, and Entertainment programmes, with a concentration in Sports and Motorsports. His background includes working […]
Royal London, a UK mutual life, pensions, and investment provider, has completed an £85 million buy-in with The College of Law Pension and Assurance Scheme as part of its Bulk Purchase Annuity (BPA) business. This transaction, completed in March 2025, marks Royal London’s ninth BPA buy-in, bringing the total value of insured liabilities in its […]
In 2024, despite the continued challenge of high catastrophe losses, US insurers in the property and casualty (P&C), life and annuity (L&A), and health sectors successfully exceeded their cost of capital, according to a recent report by credit rating agency, AM Best. This was achieved through strong investment returns and effective risk management, showcasing the […]
At Slice, we know summer doesn’t slow down—especially for contractors. Here are five trades heating up this coming summer and how you can deliver the fast, digital coverage they need.
Markel Insurance, the insurance arm of Markel Group Inc., has bifurcated the operations of its US and Bermuda operations, previously known as Markel Specialty, into US Wholesale and Specialty, and Programs and Solutions. Simultaneously, the insurer has made changes to its senior leadership, effective immediately. The US Wholesale and Specialty segment will be responsible for […]
Nick Pritchard has been appointed as interim Chief Underwriting Officer (CUO) of Conduit Holdings Limited (CHL), the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer. Pritchard takes on his new position with immediate effect, subject to Bermuda immigration approval. The appointment follows the decision by Gregory Roberts to leave Conduit and return to […]
US primary insurer The Allstate Corporation expects aggregate reinsurance recoveries of approximately $123 million, as catastrophe losses in March saw the firm surpasses the retention level of its annual aggregate reinsurance cover for the annual risk period ending March 31st, 2025. The recoveries are expected to lower Allstate’s reported March catastrophe losses, estimated at $1.04 […]
