P&C environment remains attractive, no acceleration in rate softening at July 1: Munich Re CEO

Christoph Jurecka, Chief Executive Officer (CEO) of reinsurance giant Munich Re, has underlined the company’s ability to walk away from business where pricing is viewed as inadequate, but added that the P&C market is still attractive as the volume of business written by the reinsurer at the July renewals fell by 9.1%. This morning, Munich…

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Allianz reports strong Q2’26 with operating profit reaching record €4.9bn

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….

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ALIRT research finds US life insurers continue expanding Bermuda reinsurance activity

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…

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Generali sees 11% rise in H1’26 operating result as all business segments deliver growth

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…

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4 Reasons We Get 'Heatwave Teeth' (And What To Do About It)

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Legal & General posts 7% profit growth in H1’26 as global PRT volumes reach £5.7bn

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…

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MGAA welcomes Pinpoint UK as its 500th member

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…

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