News

Insurance

Generali and BPCE to establish Europe’s largest €1.9tr asset manager

The venture, largest in insurance asset management by AUM, would be valued at about €9.5bn.   21 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Insurance

AEGIS London creates portfolio solutions arm

Picks company veteran to lead new division.   15 January 2025

Insurance

Phoenix Specialty unveils new MD in leadership shuffle

The current leader moves up to CEO of Phoenix Global.   20 January 2025

Insurance

Hartford Mutual makes slew of C-suite changes

Maryland-based insurer promotes from within and hires top talent from rivals.   14 January 2025

Reinsurance

Reinsurer profits to stay strong in 2025: Fitch Ratings

Combined ratios to hover around 90% in 2025.   16 January 2025

Reinsurance

California FAIR Plan has $900m attachment point

But with only $377m in hand, question mark over triggering reinsurance cover.   22 January 2025

Insurance

AXA XL launches wage & hour policy

The insurer’s Bermuda office is targeting US mid-sized companies.   17 January 2025

Insurance

Lloyd’s names AIG veteran as independent council member

New council member will also chair the risk committee.   13 January 2025

Insurance

US P&C growth to slow in 2025; profits remain stable despite uncertainties: Swiss Re

Industry combined ratio to hold at 98.5% in 2025 before edging up to 99% in 2026.   15 January 2025

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