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Q2 returns grow at US specialty insurers

The Insurance Insider's group of US specialty carriers reported higher returns in the second quarter compared to the same period of last year, propelled by wider underwriting margins.

Iulia Ciutina, 15 August 2017
US specialty top line grows in Q2

Gross written premiums (GWP) at US specialty carriers rose by 4.9 percent year-on-year to $6.1bn in the second quarter on a weighted average basis, amid a continued push for growth in a difficult market environment.

Iulia Ciutina, 15 August 2017
US specialty combined ratios improve in Q2

The Insurance Insider's group of US specialty (re)insurers reported better second quarter underwriting results than in the prior-year period, as lower catastrophe losses and core loss ratios offset weaker reserve releases and an uptick in expense ratios.

Iulia Ciutina, 15 August 2017
AmTrust and Maiden dive after Q2 results

Weary investors punished sister companies AmTrust and Maiden last week to send the share price of both firms tumbling, although only one of the carriers underperformed against expectations in the second quarter.

Dan Ascher, 15 August 2017
Heritage-Narragansett deal gets cool investor response

Heritage chairman and CEO Bruce Lucas has described the Floridian's $250mn deal for northeast US insurer Narragansett Bay as a "game changer".

David Bull, 15 August 2017
Sompo Canopius lands Pike for trade credit team

Sompo Canopius has added to its growing trade credit and political risk team with the hire of Stephen Pike from securities and commodities broker ED&F Man Capital Markets.

Bernard Goyder, 15 August 2017
Insurance that stinks

The insurance industry is regulated for good reason.

Mark Geoghegan, 15 August 2017
Icat draws CFC-level multiple in Schinnerer sale

US property cat insurance player Icat has again demonstrated the frenzied levels of interest in MGA assets with its high-multiple sale to Marsh's the Schinnerer Group.

Adam McNestrie, 15 August 2017
Beazley leads £400mn Tesco cyber tower

UK retail giant Tesco has come to the London cyber market to secure a £400mn ($520mn) tower that has Beazley as the primary lead insurer, The Insurance Insider has learned.

Catrin Shi, 15 August 2017
Opinion: Avoiding disaster

An Australian Senate committee report this week reignited debate about the country's spending to mitigate natural catastrophes, as it called for more investment in efforts at loss prevention

Fiona Robertson, 15 August 2017

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