Marathon man brings new mindset to Aegon Asset Management

For Bas NieuweWeme, running the marathon ranks as one of life’s great experiences alongside marriage and the birth of his children.The chief of...

Allianz profits hit by rising corporate claims

Allianz has revealed a €600m hit to profits as the insurer deals with rising claims in the US and Australia.The company said on...

Government to extend dormant accounts scheme to insurance

A government scheme that gives the proceeds from dormant bank accounts to good causes could raise a further £2bn under plans to expand...

New homes in flood-risk areas not covered by insurance scheme

Tens of thousands of families who bought new homes in flood-risk areas are facing “crippling” financial costs, as they are ineligible for cover...

Elliott reveals stake in Dutch insurer NN Group

Activist hedge fund Elliott Management has revealed a stake in Dutch insurer NN Group, as it continues to build its presence in Europe.On...

Ping An warns of coronavirus hit to life insurance

Coronavirus has caused a decline in life insurance business for Chinese insurer Ping An but a tenfold increase in registrations for its online...

Storm Dennis damage could cost insurance companies £225m

Flooding and damage left in the wake of Storm Dennis, which swept across the UK on 15 and 16 February, is estimated to...

Swiss Re profits hurt by storms and wildfires

Big payouts in the US and a string of expensive natural catastrophes have hit profits at Swiss Re, the reinsurance group. The company,...

Axa replaces head of specialist commercial insurance business XL

Axa has replaced the head of Axa XL, its specialist commercial insurance business, and warned that earnings from the unit will be €200m...