Active Capital Reinsurance (Active Re), a global reinsurer headquartered in Barbados, has announced that it closed 2025 with a combined ratio of 88.4% (2024: 94.5%), return on equity of 16.1% (2024: 17.3%), technical result of $26.7m (2024: $20m), and total equity of $108m (2024: $100.3m).