Bartell has been appointed director in non-marine reinsurance. He brings nearly four decades of market experience, dating back to 1986 at Alexander Howden, followed by positions at Benfield, Gallagher Re and Aon, with specialized expertise in UK specialty and retro placements developed over the past 10 years.
CEO Oliver Bäte (pictured) highlighted the company’s resilience in an uncertain global environment. “In 2024, Allianz delivered another set of record financial results, which are underpinned by strong performance across all segments, consistently high customer satisfaction, and record employee engagement,” said Bäte. “Our renewed strategy, recently announced at our Capital Markets Day, underscores our conviction in growth and our confidence in our resilience and our capabilities.”
“AXA has delivered a very strong performance in 2024, successfully executing in the first year of its strategic plan ‘Unlock the Future’”, said Thomas Buberl (pictured above), chief executive officer of AXA. “We have a clear strategy fully focused on insurance and built around leading businesses, supported by a robust balance sheet.”
“During 1H25, we continued to make accretive acquisitions, grow our businesses organically, optimise subsidiary performance, identify opportunities to hub our equity brokers and focus on margins and expense discipline,” said CEO Robert Kelly (main picture).
The figures come as a recent Freedom of Information (FOI) request identified Northern Ireland as one of the 10 safest UK regions for tool theft. Data showed that there are 13 incidents per 100,000 people annually. North Wales recorded the lowest rate at three incidents per 100,000 people, while London and West Yorkshire had the highest rates, with 592 and 130 incidents per 100,000 people, respectively.
The company signalled a possible increase in its holdings of Japan’s five largest trading houses—Itochu, Marubeni, Mitsui, Mitsubishi, and Sumitomo. Initially, Berkshire planned to keep its stake below 10%, but the firms have agreed to allow some flexibility as that threshold approaches.
“She’s really focused on ensuring that we listen to our broker partners, are consistent in delivery, want to innovate with them where their clients want new products and really focus on being responsive on the underwriting and ensuring we pay claims well,” said Horton.
The board of directors declared a quarterly dividend of $0.44 per common share, payable on April 17, 2025, to shareholders of record as of March 31, 2025. Additionally, the board approved a dividend of $34.375 per Series E 5.50% preferred share, equivalent to $0.34375 per depositary share, also payable on April 17 to shareholders of record at the close of business on March 31.
Bottomline, a provider of business payments and cash management solutions, offers LSM services to the property and casualty insurance sector, supporting insurers, third-party administrators, self-insured entities and corporate legal departments with cloud-based software applications and legal bill review solutions.
According to the report, while interest in insurance is high, attracting demand is proving more challenging. For example, it found that 44% of those surveyed were interested in long-term care insurance, but this was the least owned insurance product – at just 23%. Affordability was touted as the main concern.
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