Archive

L&G doubles retail annuity sales, but PRT business slows in H1

More than £24bn of active PRT deals in UK, most of which to transact this year

US PRT outlook is strong even with rate cuts, says F&G chief

Individual US annuities business will also survive lower rates

Insurers' 2023 sustainability reports: disclosures become richer

The latest round of reporting contains more detail than ever around insurers' sustainability strategies, risk management approaches and metrics. Joshua Geer compares and contrasts the results of 10 leading firms

US thunderstorms already racked up $43bn of insured losses this year

Fire risk in the US is also poised to escalate in 2025, says Gallagher Re

UK motor premiums fall for first time in two years

Axa brightens up the market with heatwave parametric insurance

Primary insurers face majority of insured losses from Debby

Debby has weakened into a tropical storm after making landfall in Florida

Eiopa consults on Solvency II proportionality rules

Authority expands on conditions for granting proportionality, following review of directive

One year of Consumer Duty: Helping insurers ask the "hard question"

Resources required for implementation have been "significantly greater" than expected

Athene's profit drop sees 11% share fall in owner Apollo

Alternatives portfolio, hedging and annuities runoff cost Athene Q2 profits