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Allianz Commercial has revealed plans to establish Allianz Commercial 1893, a new direct underwriting syndicate at Lloyd’s, which is expected to begin trading from January 1, 2027, subject to final regulatory approval, with in-principle approval from Lloyd’s already in place. Allianz Commercial 1893 takes its name from the year Allianz first expanded internationally, opening a…
Ralph Fiennes is already a known face to James Bond fans thanks to his work as M in the franchise’s most recent instalments. But the Oscar nominee has revealed he previously missed out on an opportunity to play 007 himself after a meeting with producers. “I used to love James Bond when I was younger…
Global reinsurer Swiss Re generated a net income of $1.3 billion for the third quarter of 2026 and $4.2 billion for the first nine months of the year, with a return on equity of 22.5% for the nine month period, and a P&C combined ratio of 77.3%. After a solid first nine months of the…
Celebrity Traitors winner Sebastian Croft has opened up about another dramatic moment from the set that didn’t make it into the final show. Early on in the series, the Heartstopper actor and his castmates took part in a grueling challenge where they were all buried alive in coffins alongside one of their co-stars. One by…
AXA XL, the insurance and reinsurance division of global insurer AXA, has named Tim Brewer as Head of Commercial Bonds for the Americas, placing him in charge of the company’s regional commercial surety operations and their strategic development. Brewer will be responsible for directing its Commercial Bonds business across the region, including setting product priorities,…
In a recent Reinsurance News interview, Renaud Guidée, Chief Executive Officer of AXA XL Reinsurance, highlighted how the firm is approaching the Asia Pacific (APAC) region globally while delivering locally, emphasising the region’s strategic importance to the company. Guidée, speaking with Reinsurance News around the annual Singapore International Reinsurance Conference (SIRC), explained that in order…
In the UK, about four in 10 marriages end in divorce – and, per Woolley & Co solicitors, the most common reasons for this include unreasonable behaviour, infidelity and affairs, and a lack of communication or emotional connection. That’s what people put down on paper, anyway. But what do therapists attribute to most marital break-downs?…
Florida-domiciled American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a rise of 3.2% in total gross written premium (GWP) for the third quarter of 2026 to $74.1 million, compared to $71.8 million in Q3’25. GWP for the first nine months of 2026 dipped by 11.7% to $439.8 million, compared to…
As part of its strategic growth plans for the Specialty Reinsurance team, Tokio Marine Kiln (TMK) has appointed Ed Hughes as Marine Reinsurance Underwriter. In his new position, Hughes will support the growth of the specialty marine reinsurance division and help further enhance the team’s underwriting capabilities. He will be reporting to Claire Wallace, Divisional…
Three-quarters of Britons see Donald Trump’s America as a serious threat to global peace, according to a new report. The British Social Attitudes survey found 74% of the general public seem wary of the US’s place on the world stage – a stark change compared to two years ago, before Trump began his second term…