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Bermuda-based Validus Holdings has reported net income for the second quarter of 2017 of $101.1 million, an increase on the $95 million it made in the second quarter of 2016. 28 July 2017
Insurance
Commercial property insurer FM Global has made key changes to its management team, moving leaders within the company into new roles in Europe and Asia. 28 July 2017
News
PartnerRe’s second quarter 2017 income came to $191 million, a substantial increase on the $137 million it made over the same period of 2016. 28 July 2017
Insurance
Arch Capital Group has reported that its second quarter 2017 net income came to $173.8 million, a fall of 16 percent on the $205.6 million that it made over the same period of 2016. 28 July 2017
Insurance
AXIS Capital saw its income for the first six months of 2017 decline by almost half, blaming the fall on the impact of the Ogden rate change in the UK, as well as property losses. 27 July 2017
Insurance
Aspen’s second quarter 2017 results showed that the company made a profit of $75.8 million for the period, up on the $64.9 million it made in the same quarter of 2016. 27 July 2017
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
JLT grew both its risk and insurance business and employee benefits business in the first half of 2017, in spite of challenging trading and economic conditions. 27 July 2017
Insurance
Mapfre reported substantial increases in both its direct insurance and accepted reinsurance in the second quarter of 2017, which it attributes to the performance of its Latin American businesses. 27 July 2017
Insurance
With implementation of the European General Data Protection Regulation looming, companies could be faced with hefty penalties should they not meet the new data security demands. Many firms are unprepared but there is also the possibility the fines could be insured, meaning this is now a double-edged sword for insurers. Intelligent Insurer investigates. 27 July 2017
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