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 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
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 Speciality Insurance has appointed Caroline Alder-Smurthwaite as head of general casualty, UK, based in the firm’s London office
Aon and Willis Towers Watson have mutually agreed to end their proposed acquisition following an “impasse” with the US Department of Justice
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 predicts that German insurance carriers are “well-positioned” to absorb weather-related losses following the recent catastrophic flash floods
Medical and Commercial International has received in-principle approval from Lloyd’s to form Syndicate 1902