Allianz announces first net zero transition plan & more…Keep up with what has been happening this week in our latest insurance news round-up…

Australian insurance industry sees net profit growth in H1: APRA

The general insurance industry saw a net profit after tax of $4.6 billion with strong underwriting results in the first half of 2023, according to statistics published by the Australian Prudential Regulation Authority (APRA).

Allianz announces first net zero transition plan

Scaling renewable energy and low-carbon technology: Allianz to profitably grow revenues from transition solutions in commercial insurance portfolio by 150% and provide additional investments of 20 billion euros by 2030.

Cowbell UK launches cyber insurance programme

Cowbell has launched ‘Prime One’, an AI-powered cyber insurance programme in the UK. It has also appointed Catherine Aleppo as UK sales director.

CALI launches program for “next generation of female financial risk advisers”

The Council of Australian Life Insurers (CALI) has launched ReCALIbrate, a new program to help female financial risk advisers.

Magnifact Launches New Multi-Persona Mobile App for the Insurance Industry

Magnifact, a Chicago-based provider of DataIntelligent℠ solutions for the insurance industry, unveiled its newly architected AgentVizion2GO mobile app. This advanced technology offers extended capabilities and access for all personas across the insurance industry.

McGriff acquires ARR, growing captive insurance operation

McGriff Insurance Services, LLC, (McGriff) has acquired Alternative Risk Resources (ARR).

RSA takeover set to complete by end of May & more...

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