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US P&C shows underwriting income ‘bump’ in Q1: AM Best
Insurers posted a net underwriting income of $4.2bn in the first three months of 2019, up 24% from the same period a year prior.
Christie Smythe
,
22 May 2019
AIG shareholders show resistance to executive pay
An advisory motion on pay was narrowly approved with more than 45 percent of shareholders voting against it.
Bernard Goyder
,
22 May 2019
Argo share price drops 3% after Voce backs off board plan
The hedge fund said Tuesday that it was discontinuing a proxy campaign to get five new directors on the board.
Christie Smythe
,
22 May 2019
Argo cites lack of investor support for Voce nominee withdrawal
The insurer said shareholders “overwhelmingly support” Argo and that regulatory blocks were an “excuse” for dropping board nominees.
Bernard Goyder
,
21 May 2019
Neon’s Long joins Convex as head of claims
Sharon Long moves over from the role of claims director at Neon.
Catrin Shi
,
21 May 2019
Axa XL’s Hendrick extols benefits of reinsurance arm
The executive says the franchise gives the company “an extra dimension”.
Christopher Munro
,
21 May 2019
Australia’s Ensurance in ‘advanced talks’ about financial backing
The underwriting agency tells the Australian Securities Exchange that it is confident of being able to continue operations.
Anna Sagar
,
21 May 2019
Sompo bolsters domestic catastrophe reserves by $725.6mn
The carrier has raised the 2019 natural catastrophe forecast for its Nipponkoa domestic unit to just over $480mn.
John Hewitt Jones
,
21 May 2019
Fairfax CFO Bonham dies suddenly
David Bonham joined Fairfax Financial in 2004.
John Hewitt Jones
,
21 May 2019
Voce drops Argo nominations citing regulatory block
The activist claims Illinois and Virginia state departments ‘flip-flopped’ on proxy statement approvals after lobbying.
Rachel Dalton
,
21 May 2019
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