08 August 2016
Berkshire Hathaway’s insurance underwriting business returned to profitability with a second-quarter net gain of $US337 million, following a $US38 million loss in the corresponding period last year…
08 August 2016
Prices in the political risk insurance market are weakening despite an unstable global environment that is boosting demand for cover, a Risk and Insurance Management Society report says…
08 August 2016
Mutual insurers may be making a comeback after decades of declining market share, according to a Swiss Re report…
08 August 2016
The composite rate for US commercial property and casualty insurance remained weak last month at minus 1%, but insurers are seeking to shore up prices in areas such as transportation, according to analyst MarketScout…
08 August 2016
Mergers between two companies usually carry some additional initial expense, and Willis Towers Watson has reported a decline in second-quarter profit based on comparison figures adjusted for a merger completed in January…
08 August 2016
Hannover Re still expects a full-year net profit of at least €950 million, despite a weak second quarter…
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…
01 August 2016
Financial services group Manulife has appointed QBE as its exclusive supplier of general insurance products in Hong Kong…
01 August 2016
Chinese conglomerate Fosun International’s subsidiary Ironshore has applied to list in the US, according to a preliminary prospectus…
01 August 2016
Marsh & McLennan’s second-quarter net income improved 13% to $US472 million, buoyed by solid growth across its core businesses…
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…
01 August 2016
Arthur J Gallagher recorded revenue and profit growth in the second quarter amid a weak price environment in property and casualty…
01 August 2016
Chubb has reported a second-quarter profit of $US726 million, compared with $US942 million in the corresponding period last year…
01 August 2016
Higher-than-expected catastrophe losses hit Swiss Re’s second-quarter profit, which slumped 22% to $US637 million…
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…
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…
01 August 2016
French reinsurer Scor has recorded a half-year profit of €275 million, down 15.9% on the corresponding period last year…
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…
01 August 2016
Bermuda-incorporated and London-listed Hiscox has reported improved half-year earnings, and says it is considering a new European operation under its post-Brexit strategy…
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…