67718

Admiral's profit almost halves in H1 amid high inflation

The UK motor insurer's CEO said it continues "to reserve for an uncertain outlook"

67714

Strong PRT demand boosts Legal & General's H1 profit

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

67713

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

67712

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

67709

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

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

67708

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

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

67707

Hannover Re hit by major P&C losses in H1

The reinsurer said pandemic-related expenditure is falling as expected

67703

Allianz non-life claims inflation running at about 6%, says CFO

Guilio Terzariol warns of "double digit" rate hikes in some countries in H2

67701

Hedge fund hit prompts $278m H1 loss for SiriusPoint

Losses from catastrophes and the Ukraine conflict were also cited

67700

IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report