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WR Berkley modestly beats expectations for Q4
Specialty (re)insurer WR Berkley modestly exceeded Wall Street expectations for the fourth quarter, posting operating results that came to $0.75 to $0.76 a share, analysts said.
Ted Bunker
,
30 January 2018
Chubb posts headline beat and pricing momentum
Chubb reported a 16 percent increase in core operating earnings to $1.49bn for the fourth quarter as a $450mn on-time tax benefit helped offset $447mn of California wildfire-driven cat losses.
David Bull
,
30 January 2018
Early reporters broadly upbeat on US commercial pricing
The sample size may not have been large, but the handful of results filings from US carriers and brokers last week provided further evidence that the commercial insurance market is beginning to see upward - albeit moderate - movement on rates.
David Bull
,
30 January 2018
PPL deployed to close Aon Client Treaty
London market electronic placing platform Placing Platform Limited (PPL) was used to close the Aon Client Treaty (ACT) facility for 2018, one of the largest and most complex transactions in Lloyd's.
Catrin Shi
,
29 January 2018
Perils’ Herwart estimate inches up to EUR255mn
Catastrophe data aggregator Perils has revised its property insured loss estimate for cyclone Herwart to EUR255mn ($317mn).
Catrin Shi
,
29 January 2018
Japan’s Rakuten strikes Asahi deal with Nomura
Japanese e-commerce company Rakuten is set to enter the P&C insurance market with the acquisition of Asahi Fire & Marine Insurance.
Catrin Shi
,
29 January 2018
Opinion: The InsurTech allure
So much has been written about the promise of InsurTech that one might expect to see at least dozens of opportunities to invest in the nascent space, through managed funds if nothing else
Ted Bunker
,
29 January 2018
India’s Reliance secures $4.7bn cat limit for Jamnagar refinery
One of the largest ever Indian petrochemical reinsurance policies has been placed in the London market, after Reliance Industries increased the production capacity of the world's largest refinery complex, The Insurance Insider understands.
Charlie Thomas
,
29 January 2018
Ruggieri’s XPT invests in trucking MGA W E Love
BP Marsh-backed start-up XPT Group has closed its second deal with an investment in trucking specialist W E Love & Associates, The Insurance Insider can reveal.
David Bull
,
29 January 2018
Alesco hires brace of energy partners
AJ Gallagher's wholesale business Alesco has appointed Alison Schwab and Mark Smith to its energy division, The Insurance Insider can reveal.
John Hewitt Jones
,
29 January 2018
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