-
The carrier boosted net premiums by 45% and shaved 2 points off its expense ratio.
-
The improved combined ratio was driven by lower losses and expenses.
-
The international segment’s net written premium contracted 5%.
-
Carriers posted weaker top-line results but delivered improved combined ratios.
-
-
The carrier’s overall P&C combined ratio improved by 1.4 points to 91.6%.
-
The reinsurer said discipline was now “equally important as price”.
-
The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
-
Aspen's GWP increased 0.9% to $1.13bn, as it focuses on “robust cycle management”.
-
P&C GWP grew by 7.1% to EUR26.8bn over the period.
-
The reinsurance loss ratio improved by over 20 points with no notable cat losses for the quarter.
-
The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
-
The carrier attributed the results to a significant fall in major-loss expenditure.
-
The group raised its full-year net income guidance to EUR2.6bn.
-
On a net basis, premiums written were up 4.7% to $641.3mn.
-
The carrier’s top line grew to $1.4bn in the first half of 2025.
-
-
Cyber, mortgage and crop were identified as attractive growth areas.
-
The carrier said nat-cat losses remained “well below” those of prior years.
-
The carrier’s retail division saw premiums increase by 7.3% to $2bn.
-
The executive said the firm has grown its casualty business by 80% from 2022.
-
Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals.
-
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
-
The carrier anticipates a “favourable” retro renewal at 1.1.
