08 May 2017
Liberty Mutual Insurance will combine its specialty lines business in the US with newly acquired specialist global insurer Ironshore, to create the nation’s sixth-largest underwriter of excess and surplus lines…
08 May 2017
Willis Towers Watson’s first-quarter profit leapt 43.7% to $US352 million as it continued to consolidate following the merger in January last year of broker Willis and professional services company Towers Watson…
08 May 2017
Wind and hail losses more than offset improved investment results for Liberty Mutual in the first quarter, driving net profit down 11% to $US351 million…
08 May 2017
Spain and Brazil delivered strong premium growth for Madrid-based insurer Mapfre in the first quarter, helping net profit rise 7.5% to €206.2 million…
01 May 2017
The global insurance-linked securities market has sustained its strong momentum from last year, recording $US1.7 billion of bond capacity via five deals in the first quarter, according to Willis Towers Watson Securities…
01 May 2017
UK broker Swinton Insurance is cutting 900 staff after putting 84 branches and a call centre under review…
01 May 2017
Risk managers often overlook the potential impact of disruptive technologies, a report by Marsh and the Risk and Insurance Management Society says…
01 May 2017
Companies continue to spend more on property, plant and equipment insurance than on cover for cyber assets, despite their belief the latter are more valuable, according to the Aon-sponsored Global Cyber Risk Transfer Comparison Report…
01 May 2017
Difficulty quantifying losses tops the list of challenges risk managers face with business interruption claims, according to a Risk and Insurance Management Society survey…
01 May 2017
Marsh & McLennan’s first-quarter net profit grew 18% to $US569 million as strong Asia-Pacific revenues lifted the business…
01 May 2017
XL Catlin’s first-quarter net income totalled $US152.8 million, compared with $US21.9 million in the corresponding period last year…
01 May 2017
WR Berkley has celebrated its golden anniversary with improved first-quarter profit figures…
01 May 2017
Chubb more than doubled its first-quarter net income to $US1.09 billion due to improved operational efficiencies and higher business retentions following its acquisition by and merger with Zurich-based Ace…
01 May 2017
Brexit and US President Donald Trump’s protectionist trade stance have pushed political risk back into the top 10 concerns for companies worldwide, according to Aon’s Global Risk Management Survey…
01 May 2017
Catastrophe modeller AIR Worldwide has released a comprehensive cyber-risk modelling application for insurance and reinsurance markets…
01 May 2017
XL Catlin has joined a consortium aiming to deploy a fleet of connected, fully autonomous vehicles in the UK…
01 May 2017
Bermuda-based Arch Capital earned $US241.9 million in net income for the first quarter, up from $US149.3 million in the corresponding period last year, aided by strong underwriting discipline…
01 May 2017
Allied World ran up net catastrophe losses of $US11 million in the first quarter due to claims associated with Australia’s recent Cyclone Debbie, as its combined operating ratio blew out to 99.1% from 96% in the corresponding period last year…
01 May 2017
Aspen Insurance Holdings’ first-quarter net profit fell to $US96.5 million from $US114.4 million in the corresponding period last year, hit by catastrophe losses and increased expenses…
01 May 2017
Broker JLT says it has made a strong start to the year despite challenging trading conditions…