Articles
Insurance
WTW’s CEO Haley extols ‘healthy growth’ and excitement about TRANZACT acquisition in Q2 2019 results
Broker Willis Towers Watson (WTW) reported “healthy growth” and expressed excitement about the completion of the TRANZACT acquisition, as the company unveiled its second quarter results for 2019. 31 July 2019
Insurance
Broker Arthur J Gallagher has acquired US-based commercial retail property/casualty broker Gillis, Ellis & Baker. 31 July 2019
Insurance
Zurich-based global reinsurer Swiss Re's half year 2019 net profit fell despite strong reinsurance performance in both property/casualty and life & health segments and investment gains, due to losses stemming from natural catastrophes, Ethiopian Airlines crash, Boeing 737 MAX fleet grounding, and a large reserve charge for Corporate Solutions business. 31 July 2019
Insurance
Bermuda-based re/insurer AXIS Capital's CEO reports “strong” second quarter results were “made possible” by continuing improvement in core underwriting margins, operating return on equity of 12.3 percent, and a 6 percent growth in book value per share. 31 July 2019
Insurance
Bermuda-based Arch Capital Group has agreed to acquire Barbican Group Holdings from funds managed by US alternative asset management firm Carlson Capital, in a move aimed at expanding its Lloyd’s and London market footprint. 31 July 2019
Insurance
Markel’s co-chief executives pointed to “outstanding performance” in the insurer’s investment portfolio, with more than $1 billion of net investment gains in the first half of the year, as the company released its second quarter and half year results for 2019. 31 July 2019
Alternative Risk Transfer
A flight to quality is underway in the insurance-linked securities (ILS) market, following disappointing performance in 2017 and 2018 according to a new survey by Intelligent Insurer’s sister publication Bermuda:Re+ILS. 31 July 2019
Insurance
Broker Marsh & McLennan's chief executive Dan Glaser is "pleased" with the company's second quarter 2019 results, which include Jardine Lloyd Thompson (JLT) for the first time. 30 July 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has entered into a strategic partnership with VGM Insurance & Financial Solutions (VGM) to offer its insurance products to golf courses and country clubs. 30 July 2019
Insurance
Growth in reinsurance and mortgage operations drove underwriting profits and improved combined ratio at Bermuda-based Arch Capital Group in the second quarter of 2019. 30 July 2019
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