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Insurance
Bermuda-based Aspen Insurance Holdings has reported a loss in the second quarter of 2018 due to the impact of investments and foreign exchange. 2 August 2018
Insurance
US personal lines insurer Allstate Corporation has increased net income by 15.8 percent year on year in the second quarter of 2018. 2 August 2018
Insurance
California insurance commissioner Dave Jones has urged the US Justice Department to block the merger between CVS and Aetna. 2 August 2018
Insurance
Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme. 2 August 2018
Insurance
French insurer AXA has reported a decline in net earnings in the first half of 2018 due to the impairment of intangible assets linked to the transformation of its Swiss Group Life business, the negative impact from the change in the fair value of financial assets and derivatives, as well as exceptional charges linked to the IPO of AXA Equitable Holdings. 2 August 2018
Insurance
Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results. 1 August 2018
Insurance
The Generali Group has improved the property/casualty (P&C) operating performance in the first half of 2018, driven by a better technical result. 1 August 2018
Insurance
American International Group (AIG) is selling 19.9 percent of its legacy portfolio DSA Re to private equity firm The Carlyle Group. 1 August 2018
Insurance
XL Group’s insurance segment produced an underwriting loss in the second quarter of 2017 due to higher large loss activity. 1 August 2018
Insurance
US-based The Hanover Insurance Group has appointed Eric Cernak as the head of its cyber practice. 1 August 2018
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