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AXA profit drops 18% in 2020 but 'resilient' in face of pandemic

Intelligent Insurer News - 3 hours 42 min ago
The insurer's chief executive Thomas Buberl is confident in its earnings outlook for 2021.

Pool Re obtains flat pricing for Munich Re-led £2.47bn retro placement in 'difficult market'

Intelligent Insurer News - 3 hours 42 min ago
Hannover Re and Fidelis provided significant capacity for the new three-year placement.

BMS continues expansion in property treaty space with new hire

Intelligent Insurer News - 4 hours 49 min ago
The exec brings 30 years of reinsurance experience gained at RenRe, Guy Carpenter and Aon.

HDI Global streamlines leadership as it renews focus on Irish market

Intelligent Insurer News - 5 hours 1 min ago
The move will lead to the departure of HDI Ireland general manager who led the business for 10 years.

Aon unveils new US marine practice leader

Intelligent Insurer News - 5 hours 12 min ago
Bill Penn is moving to the role of chairman after six years of leading the practice.

AXA XL strikes adverse development cover deal with Enstar

Intelligent Insurer News - 5 hours 13 min ago
The deal covers a diversified mix of global casualty and professional lines.

Munich Re profits plummet 55% in 2020; CEO insists 'all pieces in place' for 2021

Intelligent Insurer News - 7 hours 44 min ago
Joachim Wenning pointed to opportunities for profitable growth in the improved market environment.

UK insurers face up to £3bn for COVID-19 claims incurred in 2020, says ABI

Intelligent Insurer News - 7 hours 44 min ago
The majority of these claims come from losses related to business interruption.

French insurtech start-up Zelros nabs $11m Series A for AI-powered insurance distribution platform

Intelligent Insurer News - 8 hours 31 min ago
The start-up will use the funds to scale operations across Europe and expand into North America.

Interview with CII's Caren Thomas: a D&I strategy to boost performance

Intelligent Insurer News - 9 hours 13 min ago
Diversity and inclusion is no longer a ‘nice-to-have’—it can give insurance industry firms a competitive edge and is expected to become an ever-greater differentiator for customers and clients, CII HR director Caren Thomas tells Intelligent Insurer.

Berkshire Hathaway Specialty expands claims leadership with AIG veteran

Intelligent Insurer News - 9 hours 41 min ago
The executive has spent the last 23 years at AIG where he held the position of global claim officer.

Aon taps Aspen and Securis talent for reinsurance solutions

Intelligent Insurer News - 9 hours 41 min ago
The new hires will support the expansion of Aon's capital management advisory capabilities in London and Bermuda.

SPG elevates Preston to new programme development role

Intelligent Insurer News - 9 hours 42 min ago
The company looks to expand its products and programmes offerings for brokers.

Allianz, Chubb & Swiss Re to participate in Australia's second BI test case

Intelligent Insurer News - 24 February, 2021 - 15:41
The insurers have filed pleadings in the Federal Court to seek clarity on COVID-19 BI policy issues left unresolved in the first test case.

Third Point Re 'not satisfied' with 2020 results as profits dip 28%

Intelligent Insurer News - 24 February, 2021 - 15:41
Chairman Sid Sankaran says the company is looking at ways to 'grow intelligently' post-merger.

London and Bermuda attract capital as insurance market conditions improve: AM Best

Intelligent Insurer News - 24 February, 2021 - 15:05
Ratings agency says the capital inflow in 2020 reflects lack of other opportunities for investors.

GRP continues acquisition spree with Five Insurance Brokers

Intelligent Insurer News - 24 February, 2021 - 15:03
The news follows the acquisition of Marsh’s UK Networks business as GRP focuses on the retail commercial market.

SCOR hails success in COVID-19 stress test with strong topline growth but profits plunge 44% in 2020

Intelligent Insurer News - 24 February, 2021 - 11:53
CEO Kessler says the group is 'very well positioned' to scale its global platform and seize market opportunities in 2021.

Aviva exits from Turkey with £122m sale to Ageas

Intelligent Insurer News - 24 February, 2021 - 11:53
The insurer wants to narrow its focus on businesses where it can generate attractive returns.

Cat bonds 'still attractive' despite volatility; Twelve Capital UCITS reaches $1bn

Intelligent Insurer News - 24 February, 2021 - 11:21
Twelve Capital expects further growth of its cat bond strategy in the coming months.

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