News

Insurance

Allianz AGCS pulled back in financial lines, cyber & aviation Q1

Hesitance to poorly-priced lines led to a 2.3% y/y decline in AGCS Q1 business volumes.   15 May 2024

Insurance

Outlook for Legal & General deteriorates: S&P

S&P Global Ratings said on July 7 that it reduced its outlook for UK-based life insurer Legal & General’s (L&G’s) subsidiaries as the group’s spending is outpacing retained earnings.   10 July 2017

Insurance

SPAC revival puts D&O coverage back in the spotlight: Aon

Litigation risks rise as SPACs rebound, testing insurers and reshaping D&O strategies.   25 September 2025

Insurance

AIG makes big international hire in London from Chubb

Prior to Chubb, he held a number of senior management roles at Willis Towers Watson.   20 December 2021

Reinsurance

AXIS net income cut in half but operating profit edges up

Re/insurer saw growth in excess & surplus lines while catastrophe losses were limited.   1 May 2025

Insurance

Amwins’ London market MGA starts trading at Lloyd’s

The MGA aims to expand its capacity in property, fleet, and UK SME sectors.   13 February 2024

Reinsurance

Arch reinsurance CoR worsens to 91.8% in Q1

Q1 net income halves to $564m, re/insurer blames wildfires.   30 April 2025

Insurance

Australia’s ASIC takes QBE to court alleging it ‘misled’ on pricing discounts

QBE ‘apologises for the inconsistencies,’ stating it will review the pleadings.   23 October 2024

Insurance

Barbados and Gibraltar cleared from Financial Action Task’s ‘grey list’

The Paris-based international watchdog made the decision following its plenary meetings.   28 February 2024

Insurance

Aviva exits from Turkey with £122m sale to Ageas

The insurer wants to narrow its focus on businesses where it can generate attractive returns.   24 February 2021

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