AGCS’s profits up 20.6% to help Allianz Commercial hit €2.6bn

    Allianz Global Corporate & Specialty (AGCS) saw its operating profit jump 20.6% last year to €953m and business volume rise…

    Only half of firms retrieve data after ransomware payments

    Most cyberattacks breached organisations’ networks through their supply chain, according to US-based cybersecurity firm Cybereason. It found that 41% of…

    Reinsurance pricing could be affected by influx of alternative vehicles

    Alternative-reinsurance vehicles could continue to be the primary source of new capacity in 2024, according to Bloomberg Intelligence. It said…

    UK extends Russia sanctions to metal, diamond and more energy firms

    The UK has extended sanctions to 50 new Russian businesses and individuals, including electronic companies, metal and diamond businesses, oil…

    UK crime agency hails destruction of world’s ‘most harmful’ cybercrime group

    The UK’s National Crime Agency (NCA) has revealed details of an international campaign targeting LockBit, described as the world’s most…

    Air pollution rises up risk agenda in UK and EU

    Air pollution is the fastest-growing insurance protection gap among climate risks, say Airmic members polled in the association’s latest survey.…

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