French insurer Axa said it’s exercising greater caution on the AI build-out when backing financing for the sector https://t.co/cQHfB0ZJGb ...

Core Insights - Todd Combs, who was hired by Warren Buffett in 2010 to help manage Berkshire Hathaway's investment portfolio, has left to join JPMorgan, coinciding with Buffett's impending retirement as CEO after 60 years [1][9]. Group 1: Combs' Contributions and Departure - Combs was praised by Buffett for his integrity and contributions to Berkshire, including a significant role in the acquisition of Precision Castparts for over $30 billion [5]. - His leadership at Geico led to a successful turnaround, which Buffett acknowledged in his recent letter, highlighting Combs' hard work and the "spectacular improvement" at the company [6]. - The announcement of Combs' departure was formal, with Buffett referring to him in a more distant manner compared to other colleagues, indicating possible dissatisfaction with the exit [8][9]. Group 2: Implications of Combs' Exit - Combs' departure raises questions about his diminishing role in managing Berkshire's portfolio, as he had taken on various responsibilities outside of direct investment management [11]. - There are suggestions that Combs may have aspired to a larger role in managing the portfolio, which was unlikely given Buffett's recent comments about Abel taking over capital allocation responsibilities [12][13]. - The transition to JPMorgan may reflect Combs' desire for new opportunities, especially as he resigned from his position on JPMorgan's board prior to starting his new role [10].

Munich Re has announced its financial targets for 2026, with a focus on achieving an IFRS (International Financial Reporting Standards) net profit of €6.3bn, reflecting “consistently” good operational performance across all business segments. The company’s Ambition 2030 strategy sets a total payout ratio greater than 80% per year and a targeted solvency ratio above 200%. For 2026, insurance revenue is forecast to reach €64bn, with return on investment projected to exceed 3.5%. Munich Re expects return ...

Radian Group Inc., a US-based company primarily known for mortgage insurance, has received all regulatory approvals required for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London.The transaction is expected to close in February 2026, subject to the satisfaction of customary closing conditions.This deal will mark an important step for Radiant as it expands beyond mortgage insurance into a broader, multi-line specialty insurance business.The acquisiti ...

Dutch insurer Aegon has outlined plans to relocate its headquarters and legal domicile to the US as part of a broader strategy to prioritise life insurance and retirement operations in the region. This decision follows a review process announced in August 2025 and was shared during the company’s recent capital markets day. The company intends to adopt US Generally Accepted Accounting Principles (GAAP) for its financial reporting, starting with full-year 2027 results. To accommodate this shift, from 202 ...

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Ambition 2025 Achievements and Future Targets - Munich Re exceeded its Ambition 2025 targets, achieving a Return on Equity (RoE) of approximately 18% in 2025, surpassing the initial target of 14-16%[5, 6, 32] - The company's total shareholder return from January 2021 to November 2025 was 171%[14] - Munich Re aims for a RoE greater than 18%, EPS growth greater than 8%, and a total payout ratio greater than 80% under Ambition 2030[45, 50] - The company targets a Solvency II ratio greater than 200% under Ambition 2030[45, 50] Financial Strategy and Ambition 2030 - Munich Re plans to improve profitability by seizing profitable growth opportunities, enhancing yield through active investment management, improving cost efficiency, and further increasing capital return[32] - The company expects annual primary cost savings of approximately €200 million to €600 million from 2026 to 2030 through cost-saving initiatives[54, 55] - Munich Re intends to gradually increase debt leverage towards a level of approximately 15% to improve capital efficiency without jeopardizing its target rating[71, 76] - The company introduces a new Solvency II ratio target with a lower bound of 200%, replacing the previous optimal range of 175-220%[79] Business Segment Outlook - ERGO aims for a combined ratio of 87-89% in Germany and 86-88% internationally by 2030[159] - Reinsurance targets a combined ratio of 79-83% for P&C and a total technical result of €24 billion-€27 billion for L&H by 2030[53] - GSI (Global Specialty Insurance) aims for a combined ratio of 87-90% by 2030[53] Climate and DEI Ambitions - Munich Re aims to achieve net-zero emissions by 2050 for its investments and (re)insurance businesses[36] - The company plans to reduce emissions intensity in investments by 12-20% by 2030[36] - Munich Re is committed to phasing out thermal coal investments and insurance by 2040[36]

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责任编辑：何俊熹 新浪科技讯 12月11日下午消息，蚂蚁数科CEO赵闻飙在生态伙伴大会上的表态，"AI的真正价值不仅在 于技术的先进性，更在于能否深入产业一线、解决实际问题。"为当下火热的AI产业锚定了务实方向。 新浪科技了解到，过去一年，蚂蚁数科以"技术落地"为核心目标，推动AI从实验室走进真实业务场景， 聚焦金融、能源、交通、制造等关键领域，携手近20家头部伙伴上架100余个智能体联合解决方案，宁 波银行、上海银行、新华人寿、富邦银行、昆山农商行等一批金融机构，正基于蚂蚁数科自研的金融推 理大模型，打造专属"AI大脑"。目前，蚂蚁数科服务已覆盖100%的国有股份制银行、超60%的地方性 商业银行及数百家金融机构。 目前，蚂蚁数科正将经过实践验证的AI方案推向全球：今年10月，其入选香港金融管理局生成式AI沙 盒项目，为沙盒提供AI智能体服务与AI安全产品，助力提升香港地区银行的运营效率、用户体验与风 险防控能力。目前，蚂蚁数科已服务南洋商业银行、渣打银行等超百家海外金融机构。 2025年，蚂蚁数科已与300家合作伙伴建立深度合作，共同服务超13000家终端客户。基于全年实践与伙 伴反馈，蚂蚁数科在大会上正 ...

Headquartered in Greenwich, Connecticut, W. R. Berkley Corporation (WRB) operates as a global insurance holding company that provides property and casualty coverage through its Insurance, Reinsurance, and Monoline Excess segments. With a nearly $25.4 billion market cap placing it firmly in “large-cap” territory, the company underwrites commercial, specialty, and personal lines worldwide. W. R. Berkley expands this footprint through units such as Acadia, Admiral, Berkley Agribusiness, and Berkley Edge, of ...