Cat losses drag on Munich Re earnings
13 May 2019
Munich Re has recorded a decline in first-quarter net profit to €633 million from €827 million…
International
Talanx on track for ‘ambitious targets’
13 May 2019
Talanx net profit grew 7.8% to €235 million in the first quarter as its new HDI Global Specialty joint venture made its first contribution to insurance revenue…
Hiscox finds growth in ‘right areas’
13 May 2019
Hiscox’s gross written premium gained 3.3% to $US1.17 billion in the first quarter as the specialty insurer focused on areas of strong rate growth…
Liberty Mutual hails solid first quarter
13 May 2019
Liberty Mutual’s first-quarter net written premium totalled $US9.7 billion, up 2.8% on the corresponding period last year…
Beazley improves despite claims spike
13 May 2019
Beazley’s gross written premium increased 16% to $US731 million in the three months to March 31…
Marsh & McLennan expects JLT integration ‘bumps’
06 May 2019
Marsh & McLennan CEO Dan Glaser has warned of “bumps” ahead as JLT is integrated but says the combined group will be better positioned than either business was before the acquisition…
Stephen Catlin returns with speciality insurer Convex
06 May 2019
Insurance industry veteran Stephen Catlin has launched a new specialty insurer and reinsurer, Convex Group, which will operate from London and Bermuda…
US pricing firms as insurers shore up underwriting: WTW
06 May 2019
Commercial insurance pricing in North America will see upward pressure in most lines this year as insurers embrace more disciplined underwriting, a new report finds…
Queensland floods sink Swiss Re P&C profit
06 May 2019
Swiss Re’s property and casualty reinsurance arm posted a 96% decline in first-quarter net income to $US13 million, squeezed by huge claims from the north Queensland floods and other major catastrophes…
P&C gains drive Scor result
06 May 2019
French reinsurer Scor says property and casualty gross written premium grew 12.8% in the first quarter…
Greenberg hails Chubb’s ‘very good’ quarter
06 May 2019
Chubb has recorded a 10.9% rise in first-quarter underwriting income to $US712 million, but net income fell 3.9% to $US1.04 billion…
Berkshire records earnings slump
06 May 2019
Berkshire’s insurance arm has posted a moderate drop in first-quarter underwriting net earnings, falling to $US389 million from $US407 million a year earlier…
XL gives Axa a revenue lift
06 May 2019
Axa says revenue growth in the first quarter was driven by property and casualty insurance gains in its recently acquired XL business…
Aon invests in future as profits rise
06 May 2019
Aon’s first-quarter results reflect impressive organic growth and increasing strength from investment initiatives, according to CEO Greg Case…
WTW records Q1 income gain
06 May 2019
Willis Towers Watson’s first-quarter net income increased by $US72 million compared with the corresponding period last year, totalling $US293 million…
Study reveals protection gap on IP risk
06 May 2019
Intellectual property remains underinsured despite the huge costs that can result if assets are stolen or destroyed, according to an Aon-backed global report…
Execs need an ART lesson
06 May 2019
Many top executives and risk managers lack the necessary knowledge of alternative risk transfer solutions to make use of these innovations, a new survey shows…
Lloyd’s puts spotlight on robot revolution
29 April 2019
Lloyd’s has released two reports highlighting the rapid acceleration of artificial intelligence and robotics, and the potential impact on insurance…
Cat losses dive after two costly years
29 April 2019
Global first-quarter catastrophe losses of $US7.1 billion were 47% below the recent 15-year average, based on preliminary figures, according to the Aon reinsurance market outlook…
Gallagher hails ‘fantastic’ start to year
29 April 2019
Gallagher has recorded improved earnings for the first quarter, putting the broker in a strong position for the rest of the year…