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AXA XL bolsters insurance firm’s H1 2021 results
02 August 2021
France Reporter Rebecca Delaney

Multinational insurance firm AXA has reported a gross revenue figure of €54 billion for H1 2021, marking a year-on-year increase of 7 per cent, just over half of which was derived from the property and casualty line of its reinsurance subsidiary, AXA

Aon reveals new executive committee
29 July 2021
UK Reporter Rebecca Delaney

Aon has formed a new executive committee to drive strategy and innovation following the firm’s decision to terminate its proposed business combination with Willis Towers Watson

Markel and Cytora partner over workflow platform
28 July 2021
UK Reporter Rebecca Delaney

Insurance, tax and legal services provider Markel UK has partnered with Cytora to administer the latter’s platform to streamline risk intake across property and casualty lines

Berkshire Hathaway hires experienced casualty underwriter
27 July 2021
UK Reporter Rebecca Delaney

Berkshire Hathaway Speciality Insurance has appointed Caroline Alder-Smurthwaite as head of general casualty, UK, based in the firm’s London office

Aon-WTW acquisition mutually cancelled
27 July 2021
UK Reporter Rebecca Delaney

Aon and Willis Towers Watson have mutually agreed to end their proposed acquisition following an “impasse” with the US Department of Justice

Direct Line partners with Motability Operations
26 July 2021
UK Reporter Rebecca Delaney

Direct Line Insurance Group has partnered with Motability Operations to provide insurance coverage to the latter’s Motability Scheme for 10 years

A.M. Best confident German insurers will cover flood losses
23 July 2021
Germany Reporter Rebecca Delaney

A.M. Best predicts that German insurance carriers are “well-positioned” to absorb weather-related losses following the recent catastrophic flash floods

MCI gets green light for Lloyd’s syndicate
21 July 2021
London Reporter Rebecca Delaney

Medical and Commercial International has received in-principle approval from Lloyd’s to form Syndicate 1902

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