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Swiss Re ‘draws line’ under Corporate Solutions issues: analysts
A $100mn inter-group adverse development cover for the primary P&C unit featured among the first-half remedial actions.
Rachel Dalton
,
31 July 2019
If revenues come under pressure post-JLT, MMC looks like it will manage expenses to deliver profit growth
MMC’s performance is under heightened scrutiny as the company completes its first quarter since the £4.9bn ($6.0bn) acquisition of JLT.
Adam McNestrie
,
31 July 2019
Swiss Re H1 profit beats consensus despite steep loss at Corporate Solutions
The (re)insurer predicts its primary division will return to profitability in 2021, with a combined ratio of 98 percent.
Rachel Dalton
,
31 July 2019
James River grows core E&S top line 81%
James River’s operating earnings increased 14 percent year over year to $0.66 per share
Gianluca Casapietra
,
31 July 2019
Investments offset cat creep at Axis
The company said “pricing momentum continues to build across substantially all business lines”.
Gavin Davis
,
31 July 2019
FedNat investor Capital Returns sues for shareholder meeting
The activist has filed a lawsuit in Florida state court alleging that FedNat is in violation of Florida law.
Laura Sanicola
,
31 July 2019
Markel beats consensus as co-CEOs praise operating units
Markel beats second quarter operating earnings expectations by 2.7 percent as favourable reserve development drops by $38.9mn.
Christopher Munro
,
31 July 2019
Cincinnati Financial new business up 17%
The result was driven by an improved P&C combined ratio, with favourable development offsetting significantly higher catastrophes
Gavin Davis
,
31 July 2019
Arch confirms it will acquire Barbican
The transaction likely values the business at between £140mn and £150mn.
John Hewitt Jones
,
31 July 2019
Aon taps Guy Carpenter’s Fleming for executive post
Market sources said he will begin his new role in mid-September.
Laura Sanicola
,
31 July 2019
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