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Hartford’s Swift hails “strong” 2018 income despite catastrophe losses

North America05-02-2019Insurance News, Property cat, Reinsurance News

Catastrophe losses fail to stop “strong” net income and core earnings in 2018 for The Hartford, said its chairman and CEO Christopher Swift in the firm’s year end results.

The Hartford reveals new operating model post Navigators acquisition

North America04-02-2019Casualty, Insurance News, Reinsurance News, Specialty

US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group.

The Hartford expects up to $365m cat hit in Q4

North America05-12-2018Insurance News, Property cat, Reinsurance News

US-based property/casualty insurer The Hartford expects an impact of $350 million to $365 million pre-tax, primarily from the Camp Fire in northern California, in the fourth quarter of 2018.

The Hartford snaps up MGU Y-Risk; hires team

North America03-12-2018Insurance News

US-based The Hartford has purchased Y-Risk, a managing general underwriter (MGU) specialising in the sharing and on-demand economy, from Allstar Financial Group.

Reinsurance unit boosts growth at Navigators ahead of Hartford takeover

North America08-11-2018Insurance News, Reinsurance News, Specialty

As it readies to be taken over by The Hartford Financial Services in a deal that values it at $2.1 billion, Navigators Group posted a solid set of results and returned to profit in the third quarter of 2018.

Navigators boss eyes global growth goals post Hartford deal

North America30-10-2018Insurance News, Reinsurance News, Specialty

The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet.

The Hartford Q3 results boosted by tax changes and improved performance

North America26-10-2018Casualty, Insurance News, Property cat

Changes in US corporation tax as well as an improved performance in number of lines of business including commercial lines and personal lines boosted third quarter results at The Hartford in 2018.

Navigators acquisition offer by The Hartford prevails

North America26-09-2018Insurance News, Reinsurance News, Specialty

The 30-day “go-shop” period in which the Navigators Group was seeking alternative acquisition offers has expired on Sept. 21 without a submission of a more attractive alternative to the one from The Hartford Financial Services Group.

$2.6bn Aspen deal latest in insurance M&A frenzy

Global28-08-2018Insurance News, Reinsurance News, Specialty

Alternative investment manager Apollo is paying $2.6 billion to buy Bermuda-based Aspen Insurance Holdings and take the insurer private in what is the latest development in a string of insurance deals.

The Hartford seeks Navigators’ expansion for profit boost

Europe, North America23-08-2018Insurance News, Specialty

The Hartford is looking to expand the Navigators’ business after the acquisition in order to increase its profitability above the firms’ historic levels, executives explained in an Aug. 22 conference call.

Showing 41 to 50 of 91 results

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