Motor rates at UK insurer Direct Line increased by 3.6 percent year-on-year during the first quarter of 2015, compared to a rise of 1.9 percent in Q1 2014, according to its interim management statement
Operating earnings at international insurer AmTrust jumped by 24.6 percent year-on-year during the first quarter of 2015 to $121.4mn, or $1.45 per diluted share, beating the Wall Street consensus estimate of $1.30
A resolution to approve Lancashire founder Richard Brindle's retirement remuneration package was opposed by 29.7 percent of voters at the carrier's annual general meeting (AGM), held on 29 April.
The Insurance Council of Australia (ICA) has categorised the hailstorm that struck Sydney on 25 April a catastrophe, after its initial loss estimate breached A$60mn.
Marsh and McLennan Companies (MMC) has today (30 April) reported solid organic growth for the first quarter of 2015 in both its insurance and reinsurance broking arms.