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Spain's Mapfre increased its gross written premiums by 2.2 percent year-on-year in 2016 to €22.81 billion. Mapfre’s net profit for 2016 increased by 9.4 percent to €775 million, driven by its units operating in Spain, Brazil and the US, the company said. 8 February 2017
Insurance
Reinsurance broker Aon Benfield has appointed Jeremy Goodman as global head of broking strategies. 8 February 2017
Insurance
Profits at US insurer Assurant soared in 2016 thanks to one-off gains despite high levels of catastrophe losses that caused its combined ratio to hit 105 percent in the fourth quarter of 2016 alone and its operating profits to plummet. 8 February 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired a Texas-based employee benefits consulting firm iaCONSULTING. 8 February 2017
News
Bermuda-based reinsurer Tokio Millennium Re (TMR) has acquired the license for the casualty catastrophe modelling solution Oortfolio of California-based Insuretech analytics company Praedicat Solutions. 8 February 2017
Insurance
SCOR has increased its property/casualty (P&C) premiums by 5.4 percent during January 2017 renewals at constant exchange rates to $3.2 billion. 7 February 2017
Insurance
Munich Re is unlikely to be directly affected by the US president’s protectionist policies, CFO Jörg Schneider suggested during a Feb. 7 press conference. 7 February 2017
Insurance
Munich Re believes that its business model will in the future rely increasingly on fee income and less on premium income, CFO Jörg Schneider suggested during a Feb. 7 press conference. 7 February 2017
Insurance
Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO). 7 February 2017
Insurance
Specialist insurer Markel International has appointed Warren Towner as head of underwriting management and reinsurance placement. 7 February 2017
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