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Allianz’s profits soared in the second quarter of 2017 driven by a strong performance in its property/casualty segment, which benefited from lower losses from natural catastrophes and lower attritional losses. 4 August 2017
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period. 4 August 2017
News
Bermuda-based Athene Holding has entered into a flow reinsurance treaty with US-based Lincoln Financial Group. 4 August 2017
Insurance
Broker Willis Towers Watson has appointed John Campbell as corporate risk and broking (CRB) market leader and construction leader for St. Louis. 4 August 2017
Insurance
The board of Liverpool Victoria Friendly Society (LV=) has confirmed on Aug. 3 that it is in advanced discussions with Allianz regarding a potential sale of a "significant minority" stake in LV='s general insurance operation. 3 August 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, will begin underwriting fine art and specie in the Netherlands with the appointment of Paul Seip as senior underwriter. 3 August 2017
Insurance
American International Group (AIG) has posted a rise in second-quarter operating profit, helped by improvements in its consumer business. 3 August 2017
Insurance
Re/insurer XL Catlin has strengthened its North America aviation insurance team with key appointments in the US and Canada. 3 August 2017
Insurance
AXA reported a better underwriting profitability in its property/casualty (P&C) business in the first six months of 2017. 3 August 2017
Insurance
Specialist insurer Beazley has appointed Santiago Jaramillo as engineering focus group leader for the US and Latin America, based in Miami. 3 August 2017
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