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Re/insurer says it will be a leading US annuity originator after close of AEL purchase. 11 August 2023

North American commercial operations slip to outright loss on the H1 nat cat hit. 11 August 2023

Repair cost inflation continues to outpace; parts & used vehicle costs now tamed. 11 August 2023

Allianz claimed 7.4% rate change on renewals after 6M, up from a 5.6% gain at end-Q1. 10 August 2023

Insurers are taking ‘keep calm and carry on’ approach; appetite for insurtechs ‘diminishing’. 10 August 2023

It secured an AM Best rating of A- with stable outlook in April. 10 August 2023

It is underwritten by insurers at Lloyd’s, and placed by Acrisure Re. 10 August 2023

It will operate under a delegated underwriting arrangement with Lancashire UK. 10 August 2023

P&C gross written premiums rose 10% and group net profit increased 6% in H1. 10 August 2023

Climate change and enduring inflation compound the market calculus, extend hard market. 10 August 2023

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