Aviva hits record £2.1bn in Q1 general gross insurance premiums & more…Keep up with what has been happening this week in our latest insurance news round-up…
Societe Centrale de Reassurance (SCR) has acquired the necessary authorization from Morocco’s Insurance and Social Security Supervisory Authority (ACAPS) to launch “Retakaful” reinsurance services, an insurance institution part of the Islamic banking system.
Zurich has a new CFO of commercial insurance in Sarah Maillet, who takes up the role at the beginning of June.
Aviva (AV.L) on track to return more cash to shareholders as insurance sales rose 5% in the first quarter of the year, the company said in a trading update on Wednesday.
Aviva shares increased 0.7% to 408.5p in early morning trading on Wednesday, following the insurance group’s reported 5% rise to a record £2.1 billion in general gross insurance written premiums in Q1 2022. The firm attributed its record levels to strong growth across commercial lines in the UK and Canada.