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Navigators beats on top and bottom line growth

Navigators Group topped Wall Street estimates as its top line rose 9.6 percent and its combined ratio improved by 2.3 points from a year earlier to 97.3 percent in the second quarter.

Ted Bunker, 04 August 2017
Kinsale posts top and bottom line growth

Specialty insurer Kinsale Capital reported a 40 percent increase in net income to $8.5mn for the second quarter as it delivered both top and bottom line growth.

David Bull, 04 August 2017
TransRe-Gen Re premiums pass $350mn

Premium volume written by TransRe on behalf of Berkshire Hathaway’s Gen Re hit $350mn in the first year of the exclusive North American broker market underwriting partnership between the two reinsurers.

David Bull, 04 August 2017
Duperreault confirms strategy shift at AIG

AIG’s new president and CEO Brian Duperreault has wasted little time in putting his mark on the company, with a move to do away with share buyback targets and a focus on growing the business again organically and through acquisitions.

David Bull, 04 August 2017
Citizens offloads 50,000 more policies

Florida regulators have approved the take-out of 50,000 Citizens personal residential and coastal account policies by local insurers Safepoint and Southern Oak.

Matthew Neill, 03 August 2017
Cincinnati Financial jumps on Q2 beat

Cincinnati Financial shares rose as much as 5.7 percent in early New York trading today after the insurer beat Q2 earnings estimates, posting an operating profit of $0.64 per share as its P&C underwriting combined ratio improved.

Ted Bunker, 03 August 2017
IGI outlook revised to positive by AM Best

AM Best has improved International General's credit outlook from stable to positive on the basis of the carrier's strong operating performance and risk management system improvements

Matthew Neill, 03 August 2017
SSL sale pulled after Ed talks end

Independent London market broker SSL has called off a sale process after it failed to agree terms with high bidder Ed, The Insurance Insider can reveal.

Adam McNestrie, 03 August 2017
Chubb names Savvas UK and Ireland PI head

Global P&C carrier Chubb has promoted Chris Savvas to head of its professional indemnity operation in the UK and Ireland

Matthew Neill, 03 August 2017
Willis Towers Watson fee income flat in Q2

Commissions and fee income at Willis Towers Watson's investment, risk and reinsurance arm increased by 3 percent on an organic basis to $383mn in the second quarter as the broker undershot analyst earnings expectations

Matthew Neill, 03 August 2017

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