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Insurance
The Reinsurance Group of America’s (RGA) EMEA and Asia-Pacific segments had a favourable second quarter, although the group’s overall net income has slightly dipped compared with the prior-year quarter. 28 July 2017
Insurance
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
XL Group has announced that its second quarter 2017 income came to $301.6 million, a rise of 588 percent from the $43.8 million it reported for the same period of 2017. 27 July 2017
Insurance
US-based Markel Corporation has entered into a definitive agreement to acquire State National Companies, a specialty provider of property/casualty insurance operating in two niche markets - programmes services and lender services, for approximately $919 million. 27 July 2017
Insurance
Re/insurer SCOR had a profitable second quarter in 2017, which it attributes to a low amount of natural catastrophe losses. 27 July 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Vanessa Maxwell as head of professional indemnity and cyber insurance, and Tom Dilley as head of financial institutions in Southern Europe. 27 July 2017
Insurance
Markel almost doubled its net income in the second quarter of 2017, and enjoyed steady growth along its US and international business segments, partially offset by a dip in its reinsurance. 27 July 2017
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