Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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UK’s Aviva Posts 16% Rise in Q1 General Insurance Premiums

Aviva posted a 16% rise in general insurance gross written premiums to 2.7 billion pounds ($3.44 billion) in the first quarter, helped by strong performance in Britain. Life and general insurer Aviva, which has its main operations in Britain, Canada …

Thu May 23, 2024 15:28
People Moves: Canopius Names Haste as Group Chairman, as Watson Steps Down

Canopius, the global specialty and property/casualty re/insurer, announced it has appointed Andy Haste as its new group chairman with effect from July 1, 2024. He will assume responsibility for chairing the group board as Canopius embarks on realizing its future …

Thu May 23, 2024 15:28
Axis Insurance Managers Acquires Canadian Broker Magnes Group

Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc. Axis Insurance said it made its initial investment in Magnes in 2015. Financial details of the transaction were not disclosed. Founded in 1933, Magnes …

Thu May 23, 2024 14:29
These Flight Routes Suffer the World’s Worst Turbulence

The deadly turbulence on a Singapore Airlines Ltd. flight on its way from London to Singapore has put a spotlight on the world’s most unstable air routes. A British man was killed and seven other people were critically injured after …

Thu May 23, 2024 14:29
Markets/Coverages: Lockton Caribbean & Central America Launches Food, Agriculture & Beverage Broking Practice

Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture & Beverage practice that focuses exclusively on the region. The new Food, Agriculture & Beverage practice will deliver tailor-made insurance solutions …

Thu May 23, 2024 13:29
Travel Insurance ‘Will Likely’ Cover Injuries Sustained in Singapore Airlines Incident: ABI

Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence, but policies may vary, the Association Of British Insurers said following the Singapore Airlines SIAL.SI incident on Tuesday. One passenger died of a suspected heart attack, and 30 were …

Thu May 23, 2024 12:30

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