Italian insurance group Generali posted strong results in the second quarter of 2014 as the group continued to strengthen its capital position while making a number of disposals.
French reinsurer SCOR posted a 35 percent rise in Q2 profits, benefiting from the low-loss environment.
Endurance Specialty has terminated its offer to acquire Aspen Insurance. It blamed its withdrawal on Bermuda’s corporate governance laws and an unwillingness of Aspen's shareholders to take a stand against what it called the defensive self-preservation tactics of the Aspen board.
White Mountains Insurance Group has posted strong results despite large claims resulting in a 99 percent combined ratio at OneBeacon and decreases in property cat excess reinsurance driving the erosion of Sirius Group’s top line.
Broker Arthur J. Gallagher enjoyed strong growth in the second quarter of 2014 driven by its acquisition of 17 businesses.
The Association of British Insurers (ABI) has hit back at Moody’s recent questioning of the structure of the UK Flood Re scheme.
JLT Towers Re has made promising progress since its inception when the reinsurance unit of Jardine Lloyd Thompson (JLT) was combined with Towers Watson Re, JLT has said in its results for the first six months of 2014.
Marsh & McLennan Companies (MMC), the parent of broker Marsh and reinsurance broker Guy Carpenter, posted strong growth and improved profits in the second quarter of 2014 with its reinsurance unit also enjoying 3 percent growth despite tough market conditions.
Willis enjoyed some strong growth in the second quarter of 2014 driven largely by its business in emerging markets and North America. But its profits in the period were reduced by increased costs driven by a number of new hires in the past 12 months.
Canopius Group, the global specialty re/insurance platform of NKSJ Holdings, has appointed Shibo Zhang as head of China market, as part of the ongoing expansion of its Asian operations.