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Zurich posts $2.05bn H1 P&C profit and ‘lowest ever’ combined ratio

Zurich’s P&C business saw H1 business operating profit rise 31.8% on a year ago, with a 91.9% combined ratio for the period.

Aisling Finn, 11 August 2022
BMS continues Asian expansion with acquisition of VIB

As part of the deal, Seoul-based VIB will become a newly licensed entity called BMS Korea.

Luke Harrison, 21 October 2021
Opinion: Hurricane Demotech peters out – but ramifications will endure

In the absence of a major tactical shift from Demotech, will the reinsurers become the de facto selection party determining which domestics survive?

Fiona Robertson, 05 August 2022
Mapfre Re’s 2022 net profit drops 5% to EUR143mn

For the year, Mapfre Re’s combined ratio improved to 96.8% compared to 97.1% in 2021, despite the impact of cat events.

Abbie Day, 09 February 2023
BMS Re’s Chandler stepping down as CEO to become vice-chair

He is succeeded by interim co-CEOs Andrew Wheeler and Russ McGuire.

Kyoung-son Song, 31 January 2024
Deadly ‘derecho’ storm sweeps through Ontario and Quebec

As of Sunday morning local time, nearly 700,000 people were still without power.

Luke Harrison, 23 May 2022
Helios H1 underwriting profits rocket on post-Covid price rises

The vehicle also booked an operating loss of £480,000 after a significant run of acquisitions.

Rachel Dalton, 30 September 2021
Allianz: Ukraine war to slow premium income growth over 2022

Climate risk and demographic change will continue to drive expansion over the next decade, according to a report.

Rachel Dalton, 24 May 2022
Majority of FCA staff back industrial action on pay and conditions

The FCA has proposed performance-related pay and new salary ranges.

Luke Harrison, 13 April 2022
Regulators must ease up on data rules in net-zero journey: Liiba

Regulators must be less demanding around data requirements from brokers as intermediaries make the shift towards net-zero, the London & International Insurance Brokers Association (Liiba) says.

Rachel Dalton, 12 November 2021

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