Archive

Strong PRT demand boosts Legal & General's H1 profit

CEO Nigel Wilson said the insurer is well positioned for a tough economic environment

Munich Re boosts reserves for Ukraine war but warns more may be needed

The reduction of Covid-19 losses on a quarterly basis is a positive, added the reinsurer

Suncorp's inflation-fighting measures pay off

Claims inflation in some lines is running at just 1% to 2%, says the Australian insurer's CEO

Life back-book consolidators shrug off threat from rising rates

Rising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports

Hiscox appoints Craig Martindale as interim group chief actuary

Inflated claims hit Geico to the tune of $487m in Q2

Berkshire Hathaway's auto insurer highlighted significant cost inflation in automobile markets

"Band-aid solutions" will not address climate change, warns Suncorp CEO

Steve Johnston made the comment as the insurer released its full-year results

Hannover Re hit by major P&C losses in H1

The reinsurer said pandemic-related expenditure is falling as expected

Insurtech funding shows signs of small recovery in Q2

Q2 funding stood at $2.4bn, having totalled $4.8bn in Q2 2021

Above average Atlantic hurricane season still likely