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Q1 results wrap: Returns, investments
First quarter annualised operating returns on equity (RoEs) fell year-on-year for companies in our coverage, as underwriting results were negatively impacted by Ogden charges, weaker underlying performances and higher catastrophe losses.
Iulia Ciutina
,
30 May 2017
Q1 results wrap: Cat losses, reserve releases
Catastrophe losses surpassed initial approximations in the first quarter, reaching record levels as the majority of claims hit in the last two weeks of the period.
Iulia Ciutina
,
30 May 2017
Q1 results wrap: Combined ratios
Underwriting performances in the first quarter worsened year-on-year following underlying deteriorations, one-off Ogden impacts and higher cat losses.
Iulia Ciutina
,
30 May 2017
Q1 results wrap: Opinion, top line
P&C (re)insurance companies reported waning profitability in the first quarter of 2017, as returns were squeezed by a combination of one-off charges, underlying deteriorations and elevated cat losses.
Iulia Ciutina
,
30 May 2017
Hales leaves Everest Re
Neil Hales, an accident and health (A&H) and property underwriter at Everest Re in London, has resigned from his position, The Insurance Insider understands.
Charlie Thomas
,
30 May 2017
News Digest
A selection of the stories you missed from the last week: Amtrust fundraising; Towergate backer in debt raise; Pioneer; UPC; AGCS.
30 May 2017
Cargo market woes force carriers to retreat
A combination of desperately low rates, major losses and the struggles of its clientele have forced a number of Lloyd's carriers to draw back meaningfully from the cargo market.
Matthew Neill
,
30 May 2017
India crop (re)insurance market expands at rapid pace
India is rapidly taking its place as one of the world's largest crop insurance markets.
Ted Bunker
,
30 May 2017
IRB shareholders file for IPO clearance
Brazilian reinsurer IRB Brasil Resseguros has come a step closer to listing on the Sao Paolo Stock Exchange with an application to the Brazilian securities regulator.
Bernard Goyder
,
30 May 2017
Dale Underwriting hires contingency duo from Swiss Re
Dale Underwriting is to enter contingency and sports personal accident (PA) business with the hire of Martin Lawson and Richard Appleton from Swiss Re.
Charlie Thomas
,
30 May 2017
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