Insurer
People Moves: 23 – 27 February 2026
Stay in the loop with the latest insurance personnel moves.
Allianz CEO Holmes: ‘Head-scratching’ rivals holding up commercial market hardening
Allianz UK CEO Colm Holmes has lambasted a couple of rivals for pushing “head-scratching” commercial rates into the market and discounting to a point that is “excessive in extreme”.
Aviva restructures GCS team as Probitas CEO Washington leaves
Matt Washington, managing director of Global Corporate & Specialty at Aviva and CEO of Probitas, is set to leave the insurer as it restores his responsibilities into two roles.
Axa reports UK and Ireland softest markets in Europe in FY results
Axa UK and Ireland saw the softest markets across commercial and personal lines within the group’s European business, it reported today.
Allianz UK profits jump 29.5% to £476.2m on the back of COR improvement
Allianz UK has reported a 29.5% increase in profit in 2025 to £476.2m (2024: £386.8m) on the back of an improved combined operating ratio of 93% (2024: 93%) as its total business volume shrunk by 0.3% to £4.66bn (2024: £4.64bn).
Hiscox recruits Jadav from Axa XL as UK CUO
Anish Jadav has been appointed UK chief underwriting officer at Hiscox, succeeding Ben Horton.
Ageas posts higher UK premium amid deal effects starting to kick in
Ageas grew UK premium by 6% to €1.93bn (£1.68bn) last year with the insurer noting a “solid UK result despite [the] softer market”.
Hiscox grows UK book even faster in 2025
Hiscox’s growth momentum has accelerated again in the UK, with the insurer excited about its results and even “more excited about the future” with brokers, according to group chief underwriting officer Joanne Musselle.
Ex-senior Dual duo launch new specialist manufacturing MGA
Accelerant-backed managing general agent incubator Mission has hit double figures for UK/EU start-ups with the launch of Elitium today.
Sompo swaps Stanford for Thaker as UK CEO after completing Aspen deal
Sompo has replaced its UK CEO Bob Thaker with his equivalent at Aspen, Sarah Stanford.
Movo picks Applied for personal lines panel on Quote Portal
Movo Partnership has teamed up with Applied Systems to power its Quote Portal providing network brokers access to insurer and MGA personal lines schemes for full-cycle EDI trading.
FCA sets four targets in its inaugural regulatory priorities report
The Financial Conduct Authority has issued its first regulatory priorities report for insurance as it switches away from penning portfolio letters.
Interview: Accelerant boss Radke on seeking broker input to help sector unlock value
“We would love an opportunity to start a dialogue with a number of UK brokers,” Accelerant Risk Exchange CEO Jeff Radke has told Insurance Age stressing the platform is not just looking towards “big, giant” brokers.
New event launched to celebrate London as global insurance centre
A new UK insurance event, London Risk Week, has been launched to celebrate the English capital “as a centre of risk transfer and showcase its expertise and experience”.
Regional open market book key growth area for 2026 – Hiscox’s Walker
Stewart Walker, broker development director at Hiscox UK, has highlighted up to four large schemes deals for the first half of the year, and how the regional open market book is a key growth area.
Convex reveals GWP approaching $6bn and profit growth for 2025 in run-up to AIG deal
Convex Group grew gross written premium by 14% in 2025 to $5.88bn (£4.35bn) as it made a net profit for the third year in a row ahead of sealing investment from AIG.
QBE International posts double digit premium growth
QBE International’s combined operating ratio improved again to 88.5% last year as the division, in which the UK sits, grew premium 12.6%.
QBE divests arm with UK business to Swiss Re
QBE has entered into an agreement to divest its global trade credit and surety business to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.
People Moves: 16 – 20 February 2026
Keep up to date with the latest personnel moves in insurance.
Aviva secures naming rights for new 20,000 capacity Bristol concert venue
A new 20,000 capacity indoor entertainment arena in Bristol will be known as the Aviva Arena, it was announced today.
CFC sale rumours resurface
The private equity owners of cyber insurer CFC are exploring “strategic options” having appointed advisers, according to a report by Bloomberg.
Zurich UK trims COR again and profits rise further in 2025
Zurich UK achieved a combined operating ratio of sub 90% for property and casualty business with profits rising 21% in 2025 while premiums stayed stable.
Asset management giant Barings commits up to $180m for new MGA-backing insurer
Barings has committed up to $180m (£132.7m) for the launch of Pinion Insurance which will offer capacity to managing general agents in the UK, US and Europe.
Property insurance payouts hit record £6.1bn in 2025 – ABI
Insurers paid out £6.1bn in property claims in 2025, the highest annual total on record, according to the Association of British Insurers.