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Insurance
Axis Capital has seen its net income drop in the first quarter of 2017 as the reinsurance underwriting profit plummets. 27 April 2017
Insurance
Bermuda-based Aspen Insurance has reported a drop in net income for the first quarter of 2017 as underwriting profitability deteriorates. 27 April 2017
Insurance
Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, enjoyed solid growth in the first quarter of 2017 driven by contributions from these reinsurance and speciality insurance subsidiaries specifically. 26 April 2017
News
Higher levels of catastrophe losses pushed profits at French government-backed reinsurer CCR down in 2016 but the company enjoyed some healthy growth largely driven by it writing more business in the open reinsurance market via the newly-created CCR Re. 26 April 2017
Insurance
Traditional flood mapping that uses historical records of rainfall, river flow and flood levels, is rapidly becoming outdated and irrelevant because of the impact of climate change, according to Paul Drury, data manager at specialist flood modeler Ambiental. 26 April 2017
Insurance
The insurance-linked securities (ILS) market is “firing on all cylinders” and set for rapid growth stemming from a robust pipeline, despite issuance in the first quarter of 2017 lagging levels in the same quarter a year earlier, according to a report by Willis Towers Watson Securities. 26 April 2017
Insurance
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns. 26 April 2017
Insurance
The chief executive and director of Blue Capital Reinsurance Holdings, which is owned by Endurance, has resigned with immediate effect. 26 April 2017
Insurance
Arch Capital Group enjoyed improved profits and strong growth in the first quarter of 2017 mainly driven by the strong performance of its growing mortgage business. Its reinsurance unit shrank slightly. 26 April 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its new head of casualty. 26 April 2017
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