News

Insurance

Hannover Re takes 82% hit to Q1 P&C underwriting profit on large loss

Group can draw on strong premium growth and select buffers to still hit 2022 targets.   4 May 2022

Insurance

Hannover Re makes first stab at Ukraine war losses at ca 3% of net premiums

First reserves cover only obviously impacted lines; aviation & others still in fog of war.   4 May 2022

Insurance

AIG posts excellent Q1 results aided by top line general insurance growth

General Insurance combined ratio improved by 5.9 points from the prior year quarter.   4 May 2022

Insurance

Allianz inks deal to create pan-African insurance giant

The insurer has teamed up with the largest non-banking financial services company in Africa.   4 May 2022

Insurance

Apollo taps veteran insurance executive to support growth in Bermuda

She served in top roles at the BDA and Liberty Mutual Bermuda (formerly Ironshore).   4 May 2022

Insurance

Liberty looks to major international firm for first aviation claims head

The new role is designed to support the growth of the insurer’s aviation book.   4 May 2022

Insurance

Argo Capital submits to auction block while under interim management

Interim CEO Bradley will run strategic options review during continued CEO absence.   4 May 2022

Insurance

Arch Capital steering into more P&C, getting picky line by line

‘A really dynamic market … the type of market where we can shuffle around and really pivot.’   4 May 2022

Insurance

WTW beefs up North America broking team with key hire from Howden

Dual Group chief executive officer of North America rejoins WTW in a new role.   3 May 2022

Insurance

Argo slips to $3.6m quarterly loss before exploring sale or merger

The company’s management is exploring ‘strategic alternatives’ to up shareholder value.   3 May 2022

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