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Insurance
AXIS Capital posted solid profits in the third quarter of 2016 and some small growth in its overall gross written premiums despite its reinsurance book shrinking substantially. 27 October 2016
Insurance
Profits soared at Arch Capital Group in the third quarter and the company also enjoyed healthy growth, driven by a big increase in the amount of mortgage business it is underwriting. 27 October 2016
Insurance
XL Group has made a series of senior appointments to coincide with a planned realignment of its property/casualty operating model, all effective January 1, 2017. 27 October 2016
Insurance
Bermuda-based Aspen grew its gross written premiums by 6 percent year-on-year to $763.5 million in the third quarter of 2016, driven by its reinsurance unit Aspen Re. 27 October 2016
Insurance
PartnerRe enjoyed a return to profitability in its third quarter results having been hit by hefty termination fees relating to its abandoned merger with Axis Capital in this period last year. But its net premiums fell due to cancellations and non-renewals of business in tough market conditions. 27 October 2016
Insurance
Profits at Chubb soared in the third quarter of 2016 thanks to the impact of its merger with ACE at the start of 2016 but net premiums at the company fell as sharply thanks to it buying more reinsurance and maintaining underwriting discipline. 27 October 2016
Insurance
Everest Re Group reported a net income of $295.4 million for the third quarter of 2016 compared to $88.6 million in the same period a year ago. 26 October 2016
Insurance
New UK regulation that would facilitate the issuance of insurance-linked securities (ILS) from vehicles based in the London Market will be critical to help London protect its status as a global hub for risk transfer, Inga Beale, chief executive of Lloyd’s, told Baden-Baden Today. 25 October 2016
Insurance
The business model of hedge fund reinsurers is being put to a hard test in the current soft market while sophisticated clients challenge their business model. 25 October 2016
Insurance
The potential for hedge fund reinsurers may be waning as a challenging investment environment, a soft market and sophisticated clients challenge the business model. Intelligent Insurer reports. 25 October 2016
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