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Insurance
Swiss Re’s first half 2017 results have been impacted by lower income from the property/casualty reinsurance division as the reinsurer curbs premium and is hit by Cyclone Debbie. 4 August 2017
Insurance
Allianz’s profits soared in the second quarter of 2017 driven by a strong performance in its property/casualty segment, which benefited from lower losses from natural catastrophes and lower attritional losses. 4 August 2017
Insurance
Swiss Re CFO for reinsurance Gerhard Lohmann decried the onerous financial disclosure requirements in a co-authored article and proposed a solution set to save time and capabilities. 3 August 2017
Insurance
UK’s Aviva on Aug. 3 reported higher first half operating profit driven by both life insurance and general insurance operations. 3 August 2017
Insurance
The board of Liverpool Victoria Friendly Society (LV=) has confirmed on Aug. 3 that it is in advanced discussions with Allianz regarding a potential sale of a "significant minority" stake in LV='s general insurance operation. 3 August 2017
Insurance
Despite a growing appetite in small and medium-sized enterprise (SME) insurance products there remains a clear gap between the experiences and expectations of SMEs in the UK when it comes to making a commercial insurance claim, according to a survey of SME insurance customers, commissioned by UK MGA Lorega. 3 August 2017
Insurance
The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry is down 24 percent from its recent high in H1 2015, according to the Clyde & Co Growth Report mid-year update. 3 August 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, will begin underwriting fine art and specie in the Netherlands with the appointment of Paul Seip as senior underwriter. 3 August 2017
Insurance
AXA reported a better underwriting profitability in its property/casualty (P&C) business in the first six months of 2017. 3 August 2017
Insurance
Lloyd’s CEO Inga Beale has been elected the 121st president of the Chartered Insurance Institute (CII) at the professional body’s annual general meeting held in London on Aug.2. 2 August 2017
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