News
Insurance
Chubb’s net income for the second quarter of 2017 came to $1.3 billion, a 79.6 percent increase on the $726 million it made in the same period of 2016. 26 July 2017
Insurance
While the results as reported by reinsurers show a declining trend, the underlying results, taking into account average cat losses, show how tight profitability in the sector really is, according to the most recent Reinsurance Market Report by Willis Re. 21 April 2017
Insurance
AXIS Capital delivered a robust set of results in the second quarter with both profits and gross written premiums increasing as the company reaped the rewards of its integration of Novae, which it acquired in 2017, and positive reserve development. 26 July 2018
Insurance
Barbican Insurance, which operates mainly through its Lloyd’s Syndicates, has appointed Tim Mackenzie, formerly of Faraday Re, as an underwriter in the firm’s international casualty reinsurance division. 8 April 2014
Insurance
2016 has again been a benign year in terms of large catastrophe losses, but geopolitical developments have added new challenges to the sector. Intelligent Insurer asked executives from re/insurance firms including Swiss Re, Argo, AM Best and Willis Re for their opinions on the most important developments in the re/insurance industry in 2016. 21 December 2016
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016. 24 July 2017
Insurance
The current conditions in the specialist property and casualty sector, which have driven consolidation activity in the London market, are set to continue. 16 February 2015
Insurance
JLT Group enjoyed strong growth and a much-improved underlying profit in 2018, which is likely to be its final year as a standalone company as its takeover by Marsh & McLennan Companies looms. 26 February 2019
Insurance
Managing agent Asta has finalised a transaction to finance the development of UK-focusing managing general agent (MGA) OverArk. 12 September 2016
News
The Navigators Group achieved growth across its US casualty, international marine and international management liability and E&O divisions though its net income dipped and book as a whole shrank in the first quarter of 2015. 8 May 2015
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