Aon expects strong finish to year
03 November 2014
Aon has reported a net profit of $US309 million for the three months to September 30, up from $US256 million in the corresponding period last year…
03 November 2014
Aon has reported a net profit of $US309 million for the three months to September 30, up from $US256 million in the corresponding period last year…
03 November 2014
Marsh & McLennan says third-quarter earnings increased 17% to $US297 million after revenues gained across all insurance regions…
03 November 2014
The Bank of England has written to about 30 insurers requesting assessments of how climate change may affect their business models…
03 November 2014
Rate rises gave US property and casualty insurers a collective 4.4% increase in gross written premium last year, according to a new report from reinsurance broker Guy Carpenter…
03 November 2014
Ace Group CEO Evan Greenberg has labelled the US Congress “shameful” for not renewing the Terrorism Risk Insurance Act, which is due to expire on December 31…
03 November 2014
The US commercial property and casualty market stabilised in the third quarter, according to the Council of Insurance Agents & Brokers…
03 November 2014
Willis Group has reported a net loss of $US7 million for the third quarter, improving on a $US27 million loss in the corresponding period last year…
03 November 2014
Arthur J Gallagher says third-quarter revenue grew 53.9% to $US1.29 billion, partly driven by acquisitions in Australia and New Zealand…
03 November 2014
Axis says low catastrophe losses, favourable reserve development and the value of diversification helped the company more than double its third-quarter profit to $US279.1 million…
03 November 2014
XL Group has reported a net profit of $US72.4 million for the third quarter, down sharply from $US135.6 million in the corresponding period last year…
03 November 2014
Bermuda-based insurer and reinsurer Arch Capital has reported third-quarter net income of $US223.19 million – more than double the $US109.34 million it made in the corresponding period last year.
27 October 2014
Reinsurance market conditions do not necessarily represent doom and gloom, according to Guy Carpenter Europe Middle East and Africa Operations CEO Nick Frankland…
27 October 2014
The Chinese Government will establish a natural catastrophe insurance scheme by 2017…
27 October 2014
US insurers are mostly unprepared for climate change and are not taking the issue seriously enough, according to a report by advocacy group Ceres…
27 October 2014
Global multiline insurers will further strengthen capitalisation next year thanks to their diverse income sources and wide geographical reach, Standard & Poor’s says…
27 October 2014
US commercial property insurance rates are expected to fall 10-15% across non-catastrophe-exposed and catastrophe-exposed risks, according to global broker Willis Group…
27 October 2014
Companies with sound risk management practices achieve better financial results, according to the Aon Risk Maturity Index Insight Report…
27 October 2014
US-based insurer and reinsurer WR Berkley has reported third-quarter net income of $US188.54 million ($214.07 million), up 38% on the corresponding period last year…
27 October 2014
Ace says third-quarter net income fell 14.2% to $US785 million ($894 million) following losses related to annuity reinsurance accounting…
27 October 2014
Chubb’s third-quarter net profit improved 9.8% to $US594 million ($675 million), lifted by a solid underwriting performance and low catastrophe losses…