Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has reported that Syndicate 4472 achieved pre-tax operating income for 2021 of £89.7m (2020: £157.1m). The Syndicate achieved a combined operating ratio of 89.4% compared […]
The MAPFRE Annual General Meeting approved, among other resolutions, the accounts for fiscal year 2021, when the company posted a result of 765 million euros, a 45.3 percent increase on 2020, and distributed a gross […]
The latest financials from AXA are looking good, here’s some comment from Thomas Burberl, CEO; “AXA delivered an excellent performance in 2021 on all fronts. We have significantly transformed and simplified the Group in recent […]
NN Group has published its latest financials and the news is good with a net profit of three billion euros recorded for 2021. That’s an increas of over one billion year-on-year – impressive. Here’s an […]
Very good question. Lots of Liverpool Victoria policyholders were hoping that fellow mutual Royal London would acquire the business, thus maintaining the traditional mutual with-profits policy model. But that utopian dream seems more unlikely today […]
An increasing number of insurers are taking steps to rationalise their with-profits products and funds in order to simplify complex portfolios and address associated rising costs, according to a new industry study by WTW (Willis Towers Watson, […]
Latest results from Hannover Re – we extracted some highlights for you; Hannover Re achieved an inflation- and risk-adjusted price increase on renewed business of 4.1% in the treaty renewals as at 1 January 2022 […]
We missed this one from the 10th December, but it’s worth looking at now. After the Christmas break IE expects a resolution to this thorny question of mutuality at LV’s Life policy book. Either the […]
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