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Insurance
Net income attributable to Aon shareholders was $185 million in the third quarter of 2017 compared to $319 million in the same period a year ago as operating income falls and restructuring costs bite. 27 October 2017
Insurance
Insurer Chubb has named Michelle McLaughlin executive vice president and property manager for its North America commercial insurance division. 21 July 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 26 that it reported a net loss attributable to shareholders of $250.4 million for the three months ended September 30, 2017. 27 October 2017
Insurance
Reinsurance Group of America (RGA) said on Oct. 26 that it reported third-quarter net income of $227.6 million, up from $198.7 million in the same period a year ago. 27 October 2017
Insurance
The Talanx Group which includes Hannover Re and HDI said on Oct. 27 that large losses in the first 9 months of 2017 have exceeded the full year budget and that it expects to report a loss in the third quarter. 27 October 2017
News
Munich Re and Hannover Re have embraced low margin, low volatility growth with a low Solvency II capital cost in 2018, while peers such as SCOR steer clear due to the high S&P rating capital cost, according to Jefferies analysts. 27 September 2018
Insurance
African reinsurer One Re has appointed Nicholas Davenport as chairman of its board with immediate effect, succeeding Gilles Bonvarlet who has stepped down from the role. 6 April 2017
Insurance
A radiological ‘dirty bomb’ poses a major threat to the West due the accessibility of materials needed to craft it, as well as its potential multibillion-dollar economic impact, according to specialists from both UK mutual reinsurer Pool Re and Washington-based Nuclear Threat Initiative (NTI). 6 April 2017
article
The directors of VisionRe, the company recently launched by Argenta Private Capital to pursue investment in the Lloyd’s insurance market, have deferred the company’s capital raising and capacity deployment until 2014 citing a lack of profitable opportunities in the market. 16 October 2013
Insurance
Insurance Australia Group (IAG) increased its natural peril cost assumption for 2017 and lowered its insurance margin guidance range after Tropical Cyclone Debbie hit Australia’s Northeast. 5 April 2017
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