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Insurance
A surge in M&A and share buybacks could sweep Europe's insurance sector in 2017 with firms now considering both these options as a way to use surplus capital, according to a report by Moody's Investors Service. 12 June 2017
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
Soft markets, poor returns on investment, increased regulation—many re/insurers are enduring a tough time at the moment. 13 September 2015
Insurance
Lancashire’s property and marine segments drove down premiums at the re/insurer in the third quarter of 2015. 6 November 2015
Insurance
Chubb Insurance Company of Europe has appointed Dave Draper, formerly of QBE Insurance to the role of UK & Ireland Casualty manager. 25 March 2014
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
Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side. 2 May 2018
Insurance
Integro, a broker and risk management firm, has expanded its presence in Latin America in an agreement with HR Latinoamerica (HRL) to serve as its exclusive London wholesale reinsurance trading partner. 30 August 2016
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
Commercial insurer CNA is succeeding in pushing up rates in most lines apart from workers’ compensation, CEO Dino Robusto said during the insurer’s first quarter 2018 results conference call. 1 May 2018
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