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Hard market in reinsurance to run into 2025: Munich Re’s Wenning
The executive also lambasted the growing tide of corporate regulation in Germany and the EU.
Samuel Casey
,
10 August 2023
Zurich's H1 P&C profit drops by 5.5% to $2.25bn
The carrier's combined ratio in P&C operations rose by 1.3 percentage points over the period, to 92.9%.
Abbie Day
,
10 August 2023
Beazley CFO Lake to step down in 2024
Sally Lake has spent 18 years at the carrier, including the last five as CFO.
Aisling Finn
,
10 August 2023
Munich Re P&C Q2 net result falls 34% to EUR578mn
Flooding in Italy during the second quarter cost the German reinsurer around EUR200mn.
Samuel Casey
,
10 August 2023
PPL aims to fix Next Gen defects with new releases after users raise issues
PPL has set out how it is resolving various functionality problems raised by sources to Insurance Insider.
Marcel Le Gouais
,
10 August 2023
Lancashire H1 GWP up 26% as combined ratio takes 2-point hit
The carrier’s insurance GWP increased by 35.1%, while reinsurance GWP grew by 19.9%.
Aisling Finn
,
10 August 2023
Porch books $48.2mn provision charge in relation to Vesttoo exposure
Porch books $48.2mn provision charge in relation to Vesttoo exposure
Kyoung-son Song
,
09 August 2023
Crisis-hit Vesttoo appoints new interim CEO, confirms exit of Bertele and CFE Lifshitz
New CEO Ami Barlev – who has a background in tech, AI, comms and real estate – said he took the role at an “extremely difficult moment” for the InsurTech.
Samuel Casey
,
09 August 2023
Generali P&C operating profit for H1 overtakes life for first time
The carrier’s P&C division reported a combined ratio of 91.6%, a 5.4-point improvement on the same period last year.
Aisling Finn
,
09 August 2023
Hannover Re eyes fac growth in P&C as group profitability ‘exceeds expectations’
The (re)insurer’s CEO Jean Jacques Henchoz said that Hannover Re remains on track for its full-year combined ratio target of 91-92%.
Aisling Finn
,
09 August 2023
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