Zurich CFO welcomes "unexpected benefits" of IFRS 17

George Quinn forecasts a smooth transition to the 2023 accountancy standard


Insurers must be wary of evolving cyber threat, warns Coalition

Cyber insurer says overall volumes of attacks declined in H1, but threat remains high


US life and annuity net income rose over 60% in H1

But AM Best noted the sector's pre-tax net operating gain fell by 18% year on year


Lloyd's syndicates add 2.3% to reserves for claims inflation

John Neal heralds market's strong underwriting performance in H1


Bermudian insurers' premiums boosted by strong market conditions

Deployment of risk capital was a key contributor to the growth


ASR Nederland finds inflation pressures worse in life business

CFO Ewout Hollegien said non-life business is less sensitive to inflation


Solvency II reforms not about capital release, says Phoenix CEO

Andy Briggs says matching adjustment eligibility is more important issue


Zurich reports Swiss solvency ratio of 262% for H1

Group business operating profit rose to $3.4bn, the highest since 2008