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Allianz P&C Q1 profit falls on cat losses

An increase in catastrophe and large losses pushed operating profit at Allianz's P&C unit down 12.7 percent in the first quarter to EUR1.3bn ($1.4bn).

Charlie Thomas, 12 May 2017
Bill to preserve and reform NFIP emerges in House

A measure extending the National Flood Insurance Program for five years may soon emerge in the US House of Representatives, where Republican leaders are circulating an outline of a bill to prevent the programme from expiring in September.

Ted Bunker, 12 May 2017
State National shares surge on first-quarter gains

State National shares jumped 7.2 percent in New York trading today after the company posted strong first-quarter gains in earnings and revenue late yesterday.

Ted Bunker, 12 May 2017
Bunker seals $6mn Series A round

San Francisco-based InsurTech start-up Bunker has secured a $6mn Series A funding round led by venture capital firm Omidyar Network, the company announced today.

Matthew Neill, 11 May 2017
Pro Global eyes approach to regulators on ProTucket

Pro Global is reaching a stage where it is ready to discuss its Rhode Island legacy portfolio transfer plans with state regulators, according to global head of client engagement and operational consulting Richard Lawson.

Catrin Shi, 11 May 2017
Zurich enlists KPMG for German med-mal legacy sale

Zurich has appointed KPMG to advise on the disposal of its German legacy medical malpractice book, The Insurance Insider understands.

Catrin Shi, 11 May 2017
Zurich P&C unit reports milder Ogden impact

Global insurer Zurich reported a mixed bag of results this morning, as P&C profits missed analyst expectations but the Ogden impact was better than expected.

Charlie Thomas, 11 May 2017
Driscoll promoted to Validus president

Bermudian (re)insurer Validus Holdings has named reinsurance CEO Kean Driscoll as company president.

Bernard Goyder, 11 May 2017
Generali P&C profit falls in Q1 amid cat losses

Generali reported a 4.4 percent year-on-year decline in operating profit at its P&C insurance division in the first quarter

Laura Board, 11 May 2017
Running a private company ‘infinitely’ easier: Ursano

TigerRisk Partners president Tony Ursano has highlighted the virtues of running a privately owned company, saying it is "infinitely" easier than operating as a publicly traded firm.

Dan Ascher, 11 May 2017

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