Zurich today (6 August) dropped a strong hint that it will go ahead with a bid for RSA after releasing its second quarter results, which showed a 24 percent fall in profitability.
Fast-growing Floridian HCI Group reported a combined ratio that improved from 63.7 percent to 56.9 percent for the second quarter as net earned premiums climbed 21.9 percent to $76.4mn.
Endurance has increased its initial projection of annual expense synergies from its acquisition of Montpelier Re by more than 16 percent, the firm revealed on its second quarter earnings call yesterday (4 August)
