Independent managing general agency and program manager, Tangram Insurance Services, Inc., has acquired Preferred Reinsurance Intermediaries, marking its expansion into the reinsurance brokerage market.

Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Nicholas Walsh as the new Independent Non-Executive Chairman of the Board of Directors for Sompo International Holdings Ltd.

Moody’s Ratings, the credit rating agency and research firm, reported that US property and casualty insurers delivered stronger profitability in the first half of 2025, even as California wildfires in the first quarter drove substantial catastrophe losses.

P&C insurance software provider, Duck Creek Technologies has announced that Jess Keeney has been appointed to its leadership team as Chief Product Officer.

While the significant losses related to the California wildfires will impact the June/July reinsurance treaty renewals, they are not expected to be a major factor dictating SCOR’s overall price adjustments across its book of business, according to CEO of Global P&C, Jean-Paul Conoscente.

The Deutsche Rück Group reported a strong performance for the 2024 financial year, with gross premiums written increasing across all business segments, up 18.3% year-over-year to approximately €2.1 billion.

Global professional services firm, Aon plc has named Pietro Toffanello as Reinsurance Solutions’ Head of Italy.

Reinsurance giant Swiss Re has reported a net loss of $248 million for the first-quarter of 2022, as losses related to the pandemic continued, as well as impacts from the war in Ukraine and natural catastrophes.