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Insurance
UK’s Aviva on Aug. 3 reported higher first half operating profit driven by both life insurance and general insurance operations. 3 August 2017
Insurance
Broker Willis Towers Watson said Aug. 3 that its net income dropped in the second quarter of 2017 as integration expenses and restructuring costs weighed on results. 3 August 2017
Insurance
Property and casualty insurer Chubb has promoted Chris Savvas as head of professional indemnity UK and Ireland to further develop its financial lines and PI capabilities. 3 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
Despite a growing appetite in small and medium-sized enterprise (SME) insurance products there remains a clear gap between the experiences and expectations of SMEs in the UK when it comes to making a commercial insurance claim, according to a survey of SME insurance customers, commissioned by UK MGA Lorega. 3 August 2017
Insurance
The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry is down 24 percent from its recent high in H1 2015, according to the Clyde & Co Growth Report mid-year update. 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
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