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Munich Re profit up at half year

German giant Munich Re's premium income grew 12% to Euro 17.1bn in the first half of this year. It ex...

German giant Munich Re's premium income grew 12% to Euro 17.1bn in the first half of this year. It expects premiums for the full year to reach Euro 34bn.
The group's consolidated net profit

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Is it third time lucky for Axa as it merges divisions again?

Content Director’s View: With Axa UK and Ireland combining its personal and commercial businesses into one, Jonathan Swift reflects on why insurers often oscillate between splitting and merging these divisions, and what led the insurer to believe this latest move will pay off now despite similar attempts in 2005 and 2016.

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