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While it’s clear there will be downward pressure on prices at the upcoming January 1 reinsurance renewals, it remains unclear to what extent those attempts are successful, while the conversation continues to broaden with clients and brokers working to achieve changes on the T&C side, according to Andrew Buchanan, CFO of Munich Re. Following its…
Ariana Grande was joined by her boyfriend Ricky Álvarez at the premiere of her new movie. On Wednesday night, the couple – who recently reunited after first dating a decade ago – were pictured looking loved-up on the red carpet at a screening of Focker-In-Law, the fourth instalment in the Meet The Parents film series….
Zurich Insurance Group increased business operating profit (BOP) in its Property & Casualty (P&C) business by 16% to $2.8 billion in H1 2026, as premium growth in Specialty, alongside stronger investment returns, helped offset softer commercial pricing. P&C gross written premiums grew 7% like-for-like to $29.9 billion in H1 2026, with insurance revenue up 6%…
Allegations against the comedian, actor and TV personality David Walliams have been dominating the news cycle since they first came to light this week. The former Britain’s Got Talent judge has been accused by multiple women of “grooming”, with one in particular alleging that he “sexually assaulted” her when she was 15. Walliams – who…
Global reinsurer Munich Re produced a lower net result of €1.742 billion for the third quarter of 2026 and a higher result of €5.667 billion for the first nine months of the year, driven by a strong operating performance across all business segments and below-average major losses in P&C reinsurance. Munich Re announced preliminary results…
The UK economy grew at its fastest rate for more than two years over the 12 months to September, according to new figures. A 0.7% expansion was also recorded between just July and September, all of which was described as “welcome news” by Andy Burnham. “Despite a year where events around the world have pushed…
Spanish multinational insurance company Mapfre has raised €1 billion through two bond issuances as part of its financing arrangements for the acquisition of US insurer Safety Insurance Group. The company reported that the offerings generated combined investor orders of more than €5.7 billion, significantly exceeding the value of the securities available. The financing package comprises…
Arcadian Risk Capital, a Bermuda-headquartered managing general agent (MGA), has announced the appointment of Michael Saitta as Global Head of Tax and Representations & Warranties (TRW) Insurance. Based in New York, Saitta will lead the strategic expansion, underwriting operations and portfolio management of Arcadian’s global TRW business. He brings extensive experience spanning Big Four tax…
For us normies, Christmas is more music-filled than any other time of year. But for folks who live and breathe music, it’s like any other day – just more annoying. If you have that special someone in your life who’s always citing facts about music, Christmas day could be the perfect opportunity to deliver them…
David Cameron has been criticised after saying the UK should not rejoin the European Union. The former Conservative prime minister – who was forced to quit following the 2016 Brexit referendum – said the government should instead focus on being “the best friend, best neighbour, best partner” to Brussels. Andy Burnham has spoken extensively about…