Header
Your dedicated content hub
Fuel a smarter strategy with our actionable market intelligence
Latest News
Latest Aviva news from Insurance Insider
The carrier is expanding its appetite for sustainable construction of large commercial buildings.
The £3.7bn deal was announced in December.
Jim Meakins is the latest in a slew of talent to exit from the syndicate.
Frustration is growing around a promised independent operating model and staff reward.
The undiscounted combined operating ratio worsened slightly to 96.6%.
Aviva and Direct Line struck the landmark deal in December.
The syndicate reported an undiscounted net combined operating ratio of 77.9%.
The carrier recently started underwriting construction in Lloyd’s through Probitas.
Probitas is set to grow by around 40% this year.
Panellists discussed the softening market, and what would flip the switch on rates.
Aviva is targeting £125mn of annual savings within three years of the deal.
This follows a preliminary agreement reached earlier this month.
Aviva increases its offer to 275p per Direct Line share.
Analysts suggested Aviva could sweeten its offer for the UK personal-lines carrier.
The insurer will have until Christmas to make a formal offer or withdraw.
The carrier can write marine on company and Lloyd’s platforms after the Probitas deal.
Improved underwriting results thanks to pricing action were offset by nat cat activity in Canada.
The carrier is set to start underwriting five new lines of business in the Lloyd’s market.
In Partnership With
Allianz Commerical
Lloyd's ambitions to attract large corporates to the marketplace is well known. But how has one of its major coups - the re-entry of Aviva via the acquisition of Probitas - impacted growth?
Simon Theobald joins from AIG where he was senior construction underwriter.
The executive said that being in Lloyd’s would help the carrier’s global distribution.
The carrier said the global commercial market was “highly attractive".
The carrier is aiming to grow its delegated authority business and launch a refreshed captives proposition.
Competitor news
What Your Competitors are Reading
Financial news
-
Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty. -
The managing agency is offering 62p per £1 for 2026 YoA capacity.
-
The international casualty director has worked at Axa XL, Ive and Ardonagh.
Insider On Air: Our Webinars & Podcast Channel
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
-
In Partnership With MarkelPrivate equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
-
In Partnership With Munich ReTim Brockett, EVP & Head of Specialty for Munich Re U.S. shares insights on risk perceptions, the flood insurance gap, and innovative strategies.
-
In Partnership With AXISMichael Silas, Head of Global Credit for AXIS Re, discusses 2025's macroeconomic outlook, regulatory shifts, and credit market trends.
From our other titles
From our other titles
From our other titles
From Insurance Insider ILS
ESMA view on cat bonds comes as a challenge to UCITS managers
The body said cat bonds are closer to an insurance product than a security.
From Insurance Insider
Sompo Intl crisis management head Al-Salihi to join Alchemy
The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
From Insurance Insider
Elevated risk expected for 2025 NA wildfire season: Burns & Wilcox
Up to nine million acres of US land are considered likely to burn.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.