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California braces for flash floods

Flood warnings are in place for Los Angeles, Ventura and Orange County.

Bernard Goyder, 14 February 2019
Tokio Marine 9-month profit rises 30% on international performance

The European operations, including Kiln, swing back from a loss the year earlier.

Rachel Dalton, 14 February 2019
MS Amlin nine-month loss narrows

The MS&AD unit pegs losses from Hurricane Michael and the California wildfires in the final quarter of last year at about $234mn.

Catrin Shi, 14 February 2019
Sompo International buoys parent's nine-month overseas earnings

A sharply declining loss ratio leads to a 25.7-point improvement in the unit's combined ratio.

Catrin Shi, 14 February 2019
(Re)insurance is so complex that installing an industry outsider in a top job is probably a bad idea

Talk that Aviva may turn to UK hotels operator Whitbread for its new CEO raises the question of whether carriers and intermediaries should reach more readily across sectoral boundaries for top talent.

Laura Board, 14 February 2019
Lancashire Q4 losses deepen to $16mn

Shares rise more than 5 percent after the company beats expectations and delivers a positive outlook.

John Hewitt Jones, 14 February 2019
Suncorp takes A$580mn natural disaster hit in H1

The Australian financial services group has seen its bottom line suffer at the hands of heightened nat cat activity.

Christopher Munro, 14 February 2019
AIG misses with reserve charge, weak investment results

Despite weak headline results, firm stands by its 2019 target of underwriting profit.

Gianluca Casapietra, 14 February 2019
Fema head to step down

Brock Long’s departure comes just two days before a potential US government shutdown.

Marissa Page, 14 February 2019
Assurant reduces per-event reinsurance retention

The per-event retention on Assurant’s catastrophe reinsurance programme has been cut to $80mn from $120mn.

Christie Smythe, 14 February 2019

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