Underwriter reports that its aviation attritional losses reached $1bn for the first time in 2025, revealing claim-centric ‘cause for concern’ as policies fail to keep pace with sector evolution
’This consortium demonstrates the agility of the market to respond to the needs of global supply chains,’ says chief executive
With aviation policy wordings ‘written decades ago’ and deemed ‘pretty much insignificant now’ against current sector aircraft and risks, underwriter recommends collaborative committee as a beneficial model to bring the class up to date
’Partnering with Zurich is a significant milestone in our mission to transform the way families navigate life’s most challenging moments,’ says chief executive
‘The restructuring of our insurance business, and the partnership with Ageas, derisks and simplifies our operating model, creating a more stable platform for growth,’ says group chief executive
‘Expanding our energy and power presence in London is a key strategic priority,’ says interim chief executive
’People always ask us if there’s a secret recipe but there really isn’t. It’s a mindset and a culture and it’s about not breaking that,’ says chief executive
In 2024, motor insurance brokers lost some 266,000 net policies to insurers, but in 2025 – with market forces dampening switching rates and putting the onus onto customer retention – they wrestled back the momentum
’People always ask us if there’s a secret recipe but there really isn’t. It’s a mindset and a culture and it’s about not breaking that,’ says chief executive
Jonathan Zhao, global insurance leader and Hong Kong financial services managing partner at EY Advisory tells Insurance Times why Asia Pacific is leaving Europe behind on insurance innovation, why boardrooms are immobilised by AI and why UK insurers must stop looking inward.
Insurer chief executive looks to level up firm’s strategic plans after a year in post, while committing to deliver ‘world class service’ to broker partners
’We’re like a chameleon, or a leopard that can change its spots – we can be different things to different markets and that’s what gives our business flexibility,’ chief executive tells Insurance Times