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International

Tech will transform industry: survey

01 August 2016

Technological innovation will have a major impact on the insurance industry over the next five years, leading to increased efficiency, automation and a reduction in claims, according to a new survey…

Ironshore seeks $133 million IPO in US

01 August 2016

Chinese conglomerate Fosun International’s subsidiary Ironshore has applied to list in the US, according to a preliminary prospectus…

Marsh & McLennan books solid growth

01 August 2016

Marsh & McLennan’s second-quarter net income improved 13% to $US472 million, buoyed by solid growth across its core businesses…

Aon hails ‘positive performance’ in Q2

01 August 2016

A “positive second-quarter performance” has resulted in Aon reporting net income for the quarter of $US272 million, compared with $US178 million in the corresponding period last year…

Chubb’s Q2 profit slides

01 August 2016

Chubb has reported a second-quarter profit of $US726 million, compared with $US942 million in the corresponding period last year…

Catastrophes hit XL Catlin profit

01 August 2016

XL Catlin has reported second-quarter net income of $US43.78 million, down from $US915.04 million in the corresponding period last year…

Expenses dent WR Berkley Q2 profit

01 August 2016

WR Berkley has reported net income of $US108.97 million for the second quarter to June 30, down from $US123.04 million in the corresponding period last year…

Arch reports strong income gain

01 August 2016

Arch Capital has reported second-quarter net income of $US205.6 million, up from $US110.3 million in the corresponding period last year…

UK regulator finds lapses in AR oversight

25 July 2016

Some British insurers do not properly monitor the activities of appointed representatives, which exposes customers to undue risk, the Financial Conduct Authority says…

June global temperature record tumbles

25 July 2016

Temperatures last month beat the global June average by the greatest amount since records began in 1880, according to the US National Oceanic and Atmospheric Administration…

Atrium quits Lloyd’s Singapore platform

25 July 2016

Lloyd’s syndicate Atrium is pulling out of the market’s Singapore platform after deciding the business is unlikely to meet growth expectations…

Catastrophe bond issuance eases from record

25 July 2016

Catastrophe bond issuance eased to $US800 million in the second quarter after a record $US2.2 billion in the first three months of the year, according to Aon Securities…