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Insurance
Re/insurer XL Group has added a mergers and acquisitions (M&A) insurance division to its financial lines business in anticipation of a rise in M&A activity. 7 May 2014
Insurance
European insurer Allianz posted record revenues in the first quarter of 2014 and said it is well on track to achieve its target of a €10 billion operating profit for the year. 7 May 2014
News
Swiss Re posted solid profits in the first quarter of 2014 and grew its property/casualty reinsurance book by almost 8 percent. But it also noted that it has been readjusting its portfolio towards casualty and away from increasingly competitive catastrophe business. 7 May 2014
Insurance
General insurers are in danger of ignoring a key facet of Solvency II compliance: the requirement of an actuarial function. 7 May 2014
News
Profits at Hannover Re crept slightly higher in the first quarter of 2014 driven by the strong performance of its non-life reinsurance operation. But its CEO warned on what he called a challenging business environment. 7 May 2014
Insurance
Re/insurer Hiscox said it is seeking growth in commercial lines as Hiscox Re, its reinsurance division, shrunk under considerable market pressure in the first quarter. 7 May 2014
Insurance
Mapfre Re, the reinsurance unit of Spanish insurer Mapfre, helped boost the results of its parent in the first quarter of 2014. 7 May 2014
News
Swiss Re has appointed the former CEO of Switzerland's financial market supervisory authority FINMA as its chief risk officer. 7 May 2014
News
Boosted by its recent acquisition of Generali, French reinsurer SCOR posted substantial growth in the first quarter of 2014 with its gross written premiums (GWP) hitting €2.6 billion, up 14.8 percent at constant exchange rates. 6 May 2014
Insurance
The Optimum Group’s board of directors has made a number of changes to the executive management of the group, as part of the management team’s succession planning process, which began in 2009. 6 May 2014
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