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  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Over-50s financial services and travel specialist Saga has brought on board Hannover Re for a new quota share arrangement.