Insurance News | Latest News for Insurance Professionals

Aviva hit a record high of £ 2.1bn, including general total premiums in the first quarter … Keep up with this week’s events with this week’s latest insurance news summary …

CDG Group Insurance Secures Islamic Insurance Venture Approval

Societe Centrale de Reassurance (SCR) has obtained the necessary approval from Morocco’s Insurance and Social Security Authority (ACAPS) to launch the “Retakaful” reinsurance service, the insurer of the Islamic banking system.

---

Zurich Appoints Sara Milet as New CFO for Commercial Insurance

Zurich welcomed a new CFO for commercial insurance at its role, Sarah Milet, in early June.

---

Aviva plans to return more cash to shareholders as insurance sales increase by 5%.

Aviva (AV.L) plans to return more cash to shareholders as insurance sales increased by 5% in the first quarter of this year, the company said in a recent transaction update on Wednesday.

---

Aviva hits record £ 2.1 billion in first-quarter general premiums

Aviva shares rose 0.7% to 408.5p in early Wednesday morning trading. This was after the insurance group rose 5% to a record £ 2.1 billion. General insurance premiums for the first quarter of 2022.. The company attributed its record level to strong growth across its UK and Canadian commercial lines.