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Global insurer Allianz has announced its financial results for the second quarter of 2026, reporting a 10.6% rise in operating profit to a record level of €4.9 billion, and €45.6 billion in total business volume. Internal growth reached 5.7% for the quarter, supported by positive contributions from all segments, with Asset Management delivering excellent growth….
ALIRT Insurance Research, a US insurance research and analytics firm specialising in financial analysis of insurance companies, has released a new report examining the increasing use of offshore reinsurance by the US life insurance sector. The firm’s latest analysis indicates that Bermuda continues to strengthen its position as the leading overseas destination for life and…
Italian-headquartered global insurer Generali has reported an 11.2% rise in consolidated operating result to €4.5 billion for the first half of 2026, driven by solid performance across all business segments. Generali’s adjusted net result surged 13.7% to €2.54 billion, while net result hit €2.54 billion, representing a 17.9% year-on-year increase. Meanwhile, the firm’s gross written…
Legal & General has announced its financial results for the first half of 2026, delivering a 7% increase in core operating profit to £918 million, and securing £5.7 billion in total Global PRT (pension risk transfer) business. In H1 2026, L&G’s Institutional Retirement operating profit rose 5% to £646 million, supported by strong asset optimisation…
The Managing General Agents’ Association (MGAA), the representative body for UK managing general agents (MGAs), has reached a landmark milestone after welcoming Pinpoint UK as its 500th member. Representing a major milestone in the association’s expansion, this new addition emphasises the growing importance of the delegated authority sector in the UK insurance market. Since its…
Global insurer AIG has reported underwriting income growth of 10% year over year for its General Insurance (GI) business to USD 686 million for the second quarter of 2026, compared to USD 626 million in Q2’25. In a strong quarter for the insurer, the combined ratio (CoR) for GI improved slightly to 89%, compared to…
Munich Re has disclosed that it generated a net result of €2.211 billion in the second quarter of 2026 and €3.925 billion in the first half of the year, supported by very low major-loss expenditure in property-casualty reinsurance and a very strong investment result. The 2026 figures compare with corresponding net results of €2.085bn for…
The Insurance Development Forum (IDF), a global public-private partnership that works with governments, insurers and international organisations to strengthen protection against climate and disaster risks, has announced the launch of a parametric agricultural insurance programme in Colombia designed to help thousands of smallholder farmers manage the financial impact of extreme weather. According to the Insurance…
AXA XL, the property and casualty specialty risk division of AXA, has entered into an agreement to acquire the remaining shares of S-RM, a specialist corporate intelligence and cyber security consultancy. Currently, AXA XL holds approximately 49% of S-RM. Subject to customary closing conditions, including the receipt of regulatory approvals, the transaction is expected to…
Munich Re has disclosed that it generated a net result of €2.211 billion in the second quarter of 2026 and €3.925 billion in the first half of the year, supported by very low major-loss expenditure in property-casualty reinsurance and a very strong investment result. The 2026 figures compare with corresponding net results of €2.085bn for…