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Travelers feels impact of New York child victim law

Travelers has estimated that it experienced unfavourable prior-year development of $50mn to $100mn before tax following the enactment of a New York law.

John Hewitt Jones, 18 April 2019
Insurers are more trusted with customer data than almost any other institution

New is the most powerful word in the English language – just ask anyone in your marketing department.

Mark Geoghegan, 12 June 2018
Vale evacuates 500 over fears of new dam collapse

The Brazilian mining company sounds the alarm over a second dam in Minas Gerais.

Rachel Dalton, 08 February 2019
P&C carriers return less capital in Q1

Capital repatriation slowed down in Q1 compared to the same period of last year for most P&C (re)insurers in our coverage universe, with share repurchases proving unattractive as operating earnings subsided

Iulia Ciutina, 06 June 2017
NatGen beats Street on lower cat losses than forecast

National General’s fourth quarter earnings beat analysts’ estimates as $52.9mn in catastrophe losses tied to the California wildfires came in under the carrier’s previously forecast range.

Ted Bunker, 26 February 2018
P&C carriers return less capital in Q1

Capital repatriation slowed down in the first quarter compared to the same period of last year for most P&C (re)insurers in our coverage universe, with share repurchases proving unattractive as operating earnings subsided

Iulia Ciutina, 06 June 2017
Cat bond issuance totalled more than $4bn in Q2: Aon Benfield

The intermediary noted that it was the third-highest sum for a second quarter.

Anthony Baldo, 14 August 2018
Axa Corporate Solutions profit more than halves in 2017

Full-year underlying earnings plummeted by 59 percent to EUR50mn ($61.4mn) at Axa Corporate Solutions, after losses from hurricanes Harvey, Irma and Maria, the Mexican earthquakes and the Californian wildfires dented profits by EUR80mn.

Charlie Thomas, 22 February 2018
Those looking for role models and case studies could do worse than looking to Travelers

All of us owe Jay Benet a debt of gratitude for the legacy he leaves behind.

Gavin Davis, 10 August 2018
The BMS sale is an accolade for Cook, and a skilled piece of deal-making from Douetil

If a trophy buyer existed – someone easy on the eye, with plenty of cash and infinite patience – a Canadian fund manager would surely fit the bill.

Laura Board, 07 June 2019

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