Header
Your dedicated content hub
Fuel a smarter strategy with our actionable market intelligence
Latest News
Latest Aviva news from Insurance Insider
Plus, the latest people moves and all the top news of the week.
The carrier started writing construction in Lloyd’s following the acquisition of Probitas.
The platform aims to “bend the loss curve”.
The Swiss carrier appointed a new global energy head earlier this week.
Plus, the latest people moves and all the top news of the week.
The carrier also reported a slightly improved combined ratio of 94.6%.
The insurer has substantially expanded its marine team in recent years.
The leadership transition at the syndicate was announced earlier this year.
Liberty Mutual, Allianz and Aviva previously had their appeals dismissed.
The carrier has appointed Roberts Proskovics as renewable energy risk management head.
The carrier is expanding its appetite for sustainable construction of large commercial buildings.
CFO Jane Pool will also leave the company as Aviva takes over.
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.
Competitor news
What Your Competitors are Reading
Financial news
-
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database. -
APAC now represents roughly 15% of all Lloyd’s premium.
-
The deal confers a high multiple on Convex and gives AIG re/specialty exposure.
Insider On Air: Our Webinars & Podcast Channel
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
-
In Partnership with Moody'sJoin Insurance Insider for a free webinar, offered in partnership with Moody’s, at 10:30 EST/15:30 GMT on 22 January
-
How do struggling governments across the globe tackle stagnating economic growth?
-
In Partnership with Swiss ReThe global construction industry continues to expand, says Jimmy Keime, Head of Engineering and Nuclear, for Swiss Re.
-
In Partnership with Swiss ReAhead of the upcoming Baden-Baden Reinsurance Meeting, top of mind for many are climate, economy and geopolitics, says Nikhil da Victoria Lobo, Head of P and C Reinsurance for Western and Southern Europe and Middle East and Africa for Swiss Re.
-
IGI’s premium income has almost doubled since it listed in 2020, but how can growth still be achieved in a soft market?
-
What’s driving the wave of shifting ownership structures in the Lloyd’s market?
-
How does Lloyd’s plan to secure its future as a leading global marketplace?
-
What’s next for the reinsurance market as Monte Carlo approaches?
-
In partnership with M&A ServicesJoin Insurance Insider, in partnership with M&A Services, for a free webinar 10:30 EDT/15:30 BST on Sept. 24
-
What happens when a global broker network decides to fill a gap in the London market itself?
-
In Partnership With MarkelJoin Insurance Insider for a free webinar, in partnership with Markel, 10:30 EST/ 15:30 GMT, Nov 5
-
In Partnership With VeriskJoin Insurance Insider, in partnership with Verisk, for a free webinar at 10:30 EDT/15:30 BST on 29 September
-
What does it take to turn a family-run insurance group into a global powerhouse?
-
In Partnership with Moody'sJoin Insurance Insider, in partnership with Moody’s, for a free webinar at 10:30 EDT/15:30 BST on 30 September
-
How is The Fidelis Partnership choosing to launch into new insurance classes as it rapidly expands?
-
Is the ransomware threat really getting worse – or just more visible?
-
Is the huge growth experienced by the MGA sector run out of steam?
-
What’s next for Conduit Re’s strategy following a leadership shake-up?
-
Are intermediaries facing tougher times as the broking supercycle winds down?
-
What does it take to stay profitable as the insurance cycle shifts — and why is leadership diversity still lagging in the London market?
-
In Partnership With AXISJoin us for a free webinar, 10:30 ET/ 15:30 BST on Aug 19, hosted by Insurance Insider and AXIS to explore how the insurance industry is adapting to these challenges.
-
In Partnership With QlikJoin Insurance Insider, in partnership with Qlik, for a free webinar, 10:30 EDT/15:30 BST on July 24, as we explore the next frontier of AI in insurance.
-
In Partnership With GuidewireJoin Insurance Insider for a free webinar, offered in partnership with Guidewire Software, 10:30 EDT/15:30 BST on Aug 14.
-
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.
-
Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?
-
What does the bustling insurance industry of today have in common with the coffee shops of the seventeenth century?
-
What are the potential consequences for businesses amid escalating loss costs in the US casualty market?
-
Is the MGA start-up boom here to stay?
-
In Partnership With Allianz CommericalHow does a young insurance company surpass growth expectations and successfully reposition itself in the market as a fully independent player?
-
In Partnership With Allianz CommericalThe renewable energy sector is a major growth opportunity for the insurance industry but the loss experience has been challenging.
-
In Partnership With Allianz CommericalWhat is fueling the intense mergers and acquisitions activity in the MGA space, and how is it shaping the competitive landscape?
-
In Partnership With Allianz CommericalFollowing several years of stellar returns for reinsurers, what does this year's January renewal pricing swing mean for clients?
-
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.
-
In Partnership With ArchMaggie Munns, Head of Executive Assurance for Arch Insurance International, on the evolving D&O market, discussing challenges, strategies, and a 2025 outlook.
-
Target Markets is hoping to expand to offer scholarships to additional students next year, says Gene Abby, executive director, Target Markets
-
In Partnership WithDamian Cooper, Partner with PwC Bermuda discusses life reinsurance growth and regulatory challenges.
-
In Partnership WithArthur Wightman, Territory Leader for PwC Bermuda discusses industry challenges and Bermuda's key role in reinsurance growth and climate initiatives.
-
In Partnership With Fidelis PartnershipCharlie Matthias Deputy Chairman and Group Executive Director for The Fidelis Partnership discusses how ESG practices can drive societal change, improve underwriting, and ensure sustainable growth in insurance.
-
In Partnership With AXISJoe Dutton, Energy Innovation Lead for AXIS, discusses the role of insurance in supporting new energy technologies.
-
Callum Roberts, Professor of Marine Conservation at the University of Exeter, explains ocean carbon storage and its role in climate change.
-
Bill Cooper, Managing Director with Howden Capital Markets & Advisory, discusses insurance market trends, M&A projections, MGA expansion and ILS insights.
-
Nadia Beckert, Group Head of Property Reinsurance for The Fidelis Partnership, shares insights on market outlooks, AI integration and the challenge of attracting new talent in the evolving reinsurance industry.
-
Robert Wiest, CEO of MS Reinsurance, discusses trends in the casualty market, social inflation and renewal expectations at the PwC Insurance Summit in Bermuda.
-
Kirsten Beasley, Head of the Bermuda Office for WTW, discusses talent, diversity, and mentorship at the PwC Insurance Summit.
-
Neil Eckert, Chairman and Co-Founder of Conduit Re, discusses climate change mitigation, new insurance products, and closing the coverage gap.
-
Will Bridger, Group CEO with Compre Group, discusses the evolving legacy insurance market at the PwC Insurance Summit.
-
Rachel Turk, CUO for Lloyd’s, shares first-year insights and explores AI, market outlook, and data flow innovations.
-
AXA XL’s CUO for Bermuda, Noel Pearman, shares how AI is transforming insurance operations, enhancing client offerings, and opening doors to new business opportunities.
-
Steve Horton, President of Liberty Mutual Bermuda, on AI's transformative role, challenges, and potential in reshaping the insurance industry.
-
Tim Usher Jones, Co-CEO and Founder of Banyan Risk, shares insights on their new excess casualty venture, AI integration, and growth strategies in an evolving market.
-
Rob Bredahl, Vice Chairman of Howden Re and Executive Chairman of Howden Capital Markets & Advisory, discusses cat events, market capital and the 2025 outlook.
-
Stephen Catlin, Executive Chairman for Convex, shares insights on leadership, climate initiatives and how insurance must evolve at the PwC Insurance Summit in Bermuda.
-
In Partnership With Swiss Re Corporate SolutionsAndrea Baer, Head of Alternative Risk Transfer Latin America for Swiss Re Corporate Solutions, discusses how Latin American companies use alternative risk transfer solutions like parametric cover and captives to overcome insurance capacity challenges.
-
In Partnership With MS AmlinWilliam Ho, CEO of MS Amlin Asia Pacific discusses the Phoenix Re catastrophe bonds and plans to grow ILS in Asia.
-
In Partnership With Alimco Re Ltd.Chris Dougherty, CEO of Alimco Re, shares insights on the firm’s strategy and market goals at Target Markets.
-
Greg Massey, US Adviser for VIPR, shares insights on growth, challenges and data’s role in sustaining profitable program insurance portfolios.
-
Bob Hartwig, Professor of Insurance with the University of South Carolina, discusses the resilient US economy, election impacts and future growth in specialized insurance sectors at the Target Markets conference in Scottsdale, Arizona.
-
In Partnership With Origin SpecialtyJerico Vinsonhaler, VP & Head of Workers Comp for Origin Specialty Underwriters discusses a soft workers' comp market amid rising coverage challenges, at Tarket Markets 2024.
-
In Partnership With HowdenMitchell Rosenberg, Managing Director for Howden Capital Markets & Advisory shares key ILS market insights and investor sentiments ahead of 2025, at the ILS Connect 2024 conference in New York.
-
In Partnership WithRichard Pennay, CEO of Aon Securities discusses how recent hurricanes and trapped capital shape the ILS market, at the ILS Connect 2024 conference in New York.
-
In Partnership With DualConnie Germano discusses social inflation, collaboration, and limits in the evolving excess casualty market.
-
In Partnership With ArchPaul Sullivan shares updates on Arch's growth strategy and the evolving delegated authority market, at the Target Markets 2024 Conference.
-
In Partnership With MSIG USADan Riordan, Head of Political Risk at MSIG, discusses the rising demand for political risk and credit insurance due to global infrastructure growth across the U.S., Europe, and emerging markets.
-
Claims professionals and leaders at the International Association of Claims Professionals conference in Orlando said the industry must work together to stem the rising cost of social inflation.
-
In Partnership WithEuropean storm Boris could have taken a much worse toll on (re)insurers, but improvements to infrastructure and underwriting standards made it less impactful than it could have been, Daniele de Bosini, strategic growth leader for EMEA at Aon reinsurance solutions, told Insurance Insider in a live video interview at Baden-Baden.
From our other titles
From our other titles
From our other titles
From Insurance Insider ILS
Nephila’s Q3 ILS operating revenues up 21% YoY to $30.3mn
Operating revenues were also up on the $29.1mn reported over Q2.
From Insurance Insider ILS
RenaissanceRe AuM grows 7% to $7.5bn in Q3
Third-party investors made a net income of $415mn in the quarter.
From Insurance Insider US
‘We’re holding ourselves accountable’: CA insurance commissioner Lara
California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
From Insurance Insider US
Claims frequency in physicians medmal starting to creep up: Doctors president
Despite tort reform, physicians’ insurers are struggling with the same loss inflation challenges as other liability peers.
From Insurance Insider
CNA Hardy names Booth head of specialty as Berman departs
Ariel Berman joined the company as head of specialty in 2023.
From Insurance Insider US
Ascendex launches with plans for 5-7 programs in two years
Altamont Capital MD Sam Gaynor said the goal is to have fewer programs that can each grow to a significant size.
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.