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The Hartford predicts 2018 leap in RoE
The Hartford said it expects core return on equity to rise to between 11 percent and 12 percent this year amid an improvement in key business areas and a steep reduction in its tax bill.
Laura Board
,
12 February 2018
Livingston joins Rosh Capital for total return start-up
Former Arch and Alterra executive Joel Livingston has re-emerged as CEO and CUO of Rosh Capital Holdings (RCH), a total return reinsurance start-up that is in the early stages of development, The Insurance Insider can reveal.
David Bull
,
12 February 2018
Arch notches a beat as underwriting profit rises
Arch Capital’s operating profit surged 32 percent in the fourth quarter, easily surpassing the results anticipated on Wall Street as underwriting gains surged and losses from California wildfires were offset by reductions in those tied to the third quarter’s three major hurricanes.
Ted Bunker
,
12 February 2018
Opinion: SoftBank-Swiss Re Part II
In our Insider Briefing on Friday (9 February) editor-in-chief Adam McNestrie questioned the rationale for a minority investment in Swiss Re by SoftBank. I would argue it's not that clear cut.
Gavin Davis
,
12 February 2018
XL Catlin picks Guy Carp branch head as China CEO
XL Catlin has secured the services of Phil Xue, the head of Guy Carpenter's office in Shanghai, as its CEO and general manager for China.
Bernard Goyder
,
12 February 2018
BHSI gains Dubai licence and confirms Cerase hire
Berkshire Hathaway Specialty Insurance has secured a licence from the Dubai regulator and established an office in the Dubai International Financial Centre, to be led by Alessandro Cerase.
Charlie Thomas
,
12 February 2018
CNA shares jump 4.8% after earnings beat
CNA Financial shares gained about 4.8 percent in New York trading today after the insurer’s fourth quarter results exceeded Wall Street estimates as core income climbed 29 percent.
Ted Bunker
,
12 February 2018
Confie buys agencies in New York and Washington state
Private equity-backed broker Confie has acquired two personal lines agencies, Little Falls, New York-based Day & Read and Ellensburg, Washington-based Blue Ridge Insurance, the buyer said today.
Anthony Baldo
,
12 February 2018
Euler Hermes names CFO, COO as operating profit slips
Trade credit insurer Euler Hermes announced the appointment of two senior managers from parent Allianz as it reported a 3.7 percent decline in 2017 operating profit.
John Hewitt Jones
,
12 February 2018
Hannover Re becomes Saga quota share partner
Over-50s financial services and travel specialist Saga has brought on board Hannover Re for a new quota share arrangement.
Laura Board
,
12 February 2018
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