News

Chubb Financials; Premiums Up, 22% Increase on Commercial Lines

Chubb Reports Third Quarter Per Share Net Income and Core Operating Income of $4.18 and $2.64, Up 59% and 32%, Respectively; Consolidated Net Premiums Written Up 15.8%, with Commercial P&C Lines Up 22% – Net […]

Global insurance trends

NN Group: Latest Financials Looking Good

Here are the highlights from the NN Group financials, just published; On track to deliver on financial targets Operating capital generation increased to EUR 780 million from EUR 543 million in the first half of […]

Global insurance trends

GlobalData Report Says UK Insurers Took a Pandemic Hit

The top 20 global public insurance companies reported aggregate revenue of $1,923.9bn, a year-over-year (y-o-y) decline of around 5%, in their top-line performance in 2020. There were 11 players that reported a drop in revenue […]

Global insurance trends

Swedish Club Annual Report: 2020 Was OK Actually

Resilience in the face of volatility during an extraordinary year. That was the message from The Swedish Club at its first quarter 2021 board meeting yesterday, held virtually from Gothenburg, Sweden. The Club finished 2020 […]

Global insurance trends

Hannover Re Results: Strong Profits, 3.5% Dividend

Hannover Re grew strongly again in the 2020 financial year and generated a solid Group profit despite considerable Covid-19-related losses. An increased ordinary dividend of EUR 4.50 per share is proposed for the 2020 financial […]

Insurance Brokers

Close Brothers Calls For Common Sense Budget 2021

Any changes to business assets disposal relief (entrepreneurs tax relief) in the March Budget will accelerate the number of brokers selling up and leaving the profession, according to Paul Trail, managing director of Close Brothers […]

News

Allianz Posts Strong Results For 2020

Allianz which also owns the LV= brand in the UK, has published its financial results for 2020; Financial highlights: Expanded Allianz business, incorporating LV= General Insurance and L&G General Insurance – Almost doubles GWP – […]