Archive

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

    05 August 2024

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

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

    05 August 2024

    Alternatives portfolio, hedging and annuities runoff cost Athene Q2 profits

  • South Carolina braced for historic rainfall from hurricane Debby

    05 August 2024

    The storms strengthened to a category one hurricane as it nears Florida's Big Bend region

  • Royal London completes first external PRT deal

    02 August 2024

    UK insurer reports £30m bulk annuity with undisclosed counterparty

  • Guy Carpenter warns of "Kitty Cat" cyber events and predicts $1bn max insured loss from CrowdStrike

    02 August 2024

    Less than 1% of companies globally with cyber insurance were impacted, the broker said

  • Kindley Re reveals seeking approval to use Bermuda's SBA

    02 August 2024

    Kuvare/Davidson Kempner sidecar reports income of $27m in 2023

  • Axa to sell asset management business to BNP Paribas for €5.1bn and acquire Italy's Nobis

    01 August 2024

    French insurer strikes long-term asset management agreement with BNP

  • Corebridge Financial separation triggers $4bn loss for AIG in Q2

    01 August 2024

    Accounting treatment means AIG recognised a loss of $4.7bn as a result of Corebridge deconsolidation

  • L&G flushed with success after SCA £1.1bn buy-in deal

    01 August 2024

    The insurer is on a roll to write approximately £50bn of PRT business over five years

  • Monument Re gets Bermuda approval to use scenario-based approach

    01 August 2024

    Life reinsurer's solvency ratio rose in 2023 from 167% to 174%