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SiriusPoint Q2 profit falls over 40% to $70mn on reduced investment income

The carrier’s combined ratio improved by seven percentage points thanks to reduced loss and acquisition costs.

Rachel Dalton, 06 August 2021
Sompo International books 94.2% combined ratio for fiscal Q1

Gross written premiums at the carrier grew by 40%, driven by rate improvement and the growth in crop insurance via the carrier’s acquisition of Diversified.

Catrin Shi, 06 August 2021
MS Amlin loss shrinks to £49mn as MS&AD overseas unit swings to Q1 profit

Winter Storm Uri added 12 points to the subsidiary’s claims ratio.

Rachel Dalton, 06 August 2021
London H1: Growth dominates discussion as new leaders set out stall

Despite a somewhat mixed outlook, UK listed carriers London players say they are still leaning into growth.

Catrin Shi, 06 August 2021
Allianz reports Q2 profits of EUR3.3bn as AGCS swings back to profit

AGCS posted profits of EUR98mn after making a loss in Q2 2020 when it suffered heavy Covid-19 claims.

Samuel Casey, 06 August 2021
Tokio Marine international profit doubles for fiscal Q1

TMHCC booked a combined ratio of 87.4% following improvement in the carrier’s North American business.

Rachel Dalton, 06 August 2021
SiriusPoint enters into $417mn LPT with Compre for A&E, workers' comp liabilities

The deal follows a $37mn reserve charge taken by Third Point Re just ahead of the closing of its merger with Sirius International in February.

James Thaler, 06 August 2021
Lloyd’s insurers join £750mn, government-backed live-events scheme

Arch, Beazley, Dale, Hiscox and Munich Re are among several insurers said to be supporting the scheme, which will see the government serve as "reinsurer".

Luke Harrison, 05 August 2021
Willis rolls out 130% bonus pot to reward staff

Major increase in incentive pool represents an early step from management to shore up its staff base.

Adam McNestrie, 05 August 2021
Hiscox appoints Aspen’s Rose as CFO for London businesses

Helen Rose will start in February 2022, reporting to Hiscox London Market CEO Kate Markham.

Jairo Ibarra, 05 August 2021

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