AIG profit gains in third quarter
04 November 2013
AIG’s third-quarter profit grew 17% to $US2.17 billion ($2.29 billion) as the property and casualty division improved its performance…
04 November 2013
AIG’s third-quarter profit grew 17% to $US2.17 billion ($2.29 billion) as the property and casualty division improved its performance…
04 November 2013
Willis Group has reported an increase in revenue, but says profit fell 17% to $US297 million ($313 million) in the nine months to September 30, driven by costs from extinguishing debt…
04 November 2013
International broker Arthur J Gallagher says profit has risen thanks to acquisitions and higher brokerage and risk management revenues in the third quarter…
04 November 2013
The Association of British Insurers has combined the leadership of its general insurance and life departments and terminated 16 staff, including three high-profile executives…
04 November 2013
Berkshire Hathaway says insurance underwriting earnings fell in the third quarter, driven by increased property and casualty claims from a hailstorm in Europe…
04 November 2013
Bermuda-based Axis Capital Holdings has reported a 39% drop in third-quarter profit…
04 November 2013
Liberty Mutual Holding Co says profit grew 17% to $US1.25 billion ($1.32 billion) in the first nine months of this year…
04 November 2013
XL Group says profit grew to $US759.14 million ($800.19 million) in the nine months to September, up 33% despite a higher catastrophe bill…
04 November 2013
Arch Capital Group has recorded a substantial increase in reinsurance income for the nine months to September 30…
04 November 2013
Windstorm Christian caused up to £500 million ($846 million) of damage in the UK, according to Willis Re…
04 November 2013
Nearly one-quarter of risk professionals believe affordable terrorism coverage will be wiped out in the US after the Terrorism Risk Insurance Act expires next year…
04 November 2013
Emerging economies often have substantial capital bases but are hit particularly hard by natural disasters because they lack the resources and expertise to protect their assets, according to Munich Re…
28 October 2013
British insurer RSA will partly reverse its offshoring strategy by closing Indian call centres and moving all 350 customer-facing jobs in claims, sales and servicing back to the UK…
28 October 2013
The British Insurance Brokers’ Association has backed a government plan for independent medical panels to assess whiplash injuries…
28 October 2013
Global broker Aon’s net income grew to $US256 million ($267 million) in the third quarter, up 25% on the corresponding period last year…
28 October 2013
Ace Insurance says margin improvement in North America helped deliver a record third-quarter profit and a combined ratio of 86.5% for the nine months to September 30…
28 October 2013
US insurer Chubb has reported third-quarter net profit of $US541 million ($562 million), up 1.5% on the corresponding period last year…
28 October 2013
WR Berkley says third-quarter earnings grew 36% to $US136.97 million ($141.81 million) as revenues increased…
28 October 2013
Governments must act fast to improve disaster resilience, the Geneva Association has warned…
28 October 2013
The global broking industry has received a strong report card from Moody’s Investor Services…