News

Insurance

Zurich grows bottom line 7% H1 even as P&C stalls

Insurance revenue growth may have slid notably in Q2; retail margin falters.   8 August 2024

Insurance

Lloyd’s and seven syndicates earn upgrades after central fund insurance renewed

Lloyd’s CFO says it is exploring a post major market loss contingent capital solution.   8 August 2024

Insurance

DARAG to sell North America and Bermuda business to Fairfax subsidiary

CEO says sale to RiverStone will bring ‘focused firepower to our European core’.   8 August 2024

Insurance

Bold new management move at Everest targets stronger broker ties

Re/insurer says strong, long-standing broker relationships are central to collective success.   8 August 2024

Reinsurance

Munich Re sees strong market through 2025, but need not pump volumes

Reinsurer discipline will hold amid a need to ‘earn now what they couldn’t for so long’.   8 August 2024

Reinsurance

Hamilton’s ‘laser focus’ yields big gains: profits triple in Q2, record-low CR

The re/insurer is pursuing ‘targeted growth’ in a ‘favourable’ market environment.   8 August 2024

Reinsurance

Lancashire sees best half-year yet, boost business through diversification

CEO says its new US operation has made a fantastic start.   8 August 2024

Insurance

AXA plucks 20-year RSA executive to lead retail claims operation

‘Incredibly Skilled claims professional’ previously led motor & home claims at RSA.   8 August 2024

Reinsurance

Munich Re slashes casualty at July renewal; total book shrinks

Risk-adjust price gain of 0.6% up from 4.1 and 1.1 thanks to change in mix.   8 August 2024

Reinsurance

Munich Re pushes past the cats to boost Q2 margins

Q2 major losses rose 60% y/y to €957m; leaving more than 5 ratio points to overcome.   8 August 2024

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