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Insurance
Net income attributable to Aon shareholders was $185 million in the third quarter of 2017 compared to $319 million in the same period a year ago as operating income falls and restructuring costs bite. 27 October 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 26 that it reported a net loss attributable to shareholders of $250.4 million for the three months ended September 30, 2017. 27 October 2017
Insurance
Reinsurance Group of America (RGA) said on Oct. 26 that it reported third-quarter net income of $227.6 million, up from $198.7 million in the same period a year ago. 27 October 2017
Insurance
The Talanx Group which includes Hannover Re and HDI said on Oct. 27 that large losses in the first 9 months of 2017 have exceeded the full year budget and that it expects to report a loss in the third quarter. 27 October 2017
Insurance
Boston-based Liberty Mutual Insurance is reorganising its property/casualty (P&C) while appointing a new chief financial officer and selling its life business for $3.3 billion. 22 January 2018
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance. 28 February 2018
Insurance
Bermuda-based PartnerRe has completed the acquisition of North American life reinsurance company Aurigen Capital, according to a statement. 4 April 2017
Insurance
The Central Bank of Ireland has appointed Kieran Wallace of KPMG as provisional administrator to CBL Insurance Europe (CBLIE), according to a Feb. 26 statement. 27 February 2018
Insurance
KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility. 25 May 2017
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