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Property

 

 

Zurich half-year profits jump 13% to $4.8bn

Emea contributed $264m to the Swiss insurer’s property and casualty GWP of $29.9bn

Casualty International

Abundant capacity keeps pricing pressure on commercial markets: Aon

'Abundant capacity and heathy competition' continued to drive price reductions in most markets for property, casualty and cyber, Aon says

Claims Management Broker

Canopius posts 10% rise in half-year premium

Specialty and P&C re/insurer produced insurance contract written premiums of $2.66bn

Canopius Property

Swiss Re P&C profits up 18% in H1

The reinsurance giant’s P&C Re segment reported net income of $1.4bn in the first half

Swiss Re Europe

Hiscox reserves $60m for Middle East conflict

Reserve includes around $40m for London market specialty exposure, with the rest for reinsurance losses

Hiscox London

Fidelis names Donovan head of underwriting for property binders

Kevin Donovan joins TFP from Ascot, where he was most recently a property underwriter

Property London

Japan quake losses could reach $2.2bn: Verisk

The July 28 tremor struck Kumamoto prefecture on Kyushu, causing a shopping mall in Kashima to collapse

Property Japan

Axa rules out Generali as acquisition target

French insurance major’s executives describe how the first-half results show its 2024-2026 strategy is paying off

Property Casualty

France and Spain wildfires unlikely to impact insurer earnings

Fitch expects that ‘loss costs should be manageable’ and exert ‘only modest pressure on 2026 earnings for most large European insurers’

Losses Property

US commercial property lines continue to soften

Casualty and auto still experiencing inflationary pressures

Property Casualty

Europe wildfires could bring nine-figure losses: Aon

Wildfires have spread to Portugal, Greece and the UK amid extended periods of extreme heat and drought

Climate change Property

Everest sees Q2 net income fall to $559m

Bermuda-based group reported a 9% decrease in gross written premium and 3% increase in combined ratio

Reinsurer Everest Re
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