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James River beats as top line jumps by two thirds
James River delivered significant top and bottom line growth in the first quarter as it reported a modest earnings beat.
Dan Ascher
,
04 May 2017
The Hanover misses as cat losses eat into profit
The Hanover reported much lower first quarter earnings than Wall Street analysts had expected as cat losses more than doubled and squeezed out a significant portion of operating profit.
Ted Bunker
,
04 May 2017
Heritage AOB Actions help produce earnings beat
Florida homeowners’ writer Heritage beat first quarter earnings forecasts amid an improving loss ratio and a 30 percent drop in claims from the assignment of benefits-afflicted Tri-County region around Miami.
Iulia Ciutina
,
04 May 2017
Argo beats estimates despite sliding profits
Profit at Argo Group fell almost 27 percent in the first quarter as operating income dropped to $21.9mn, driven down by pre-announced losses from Hurricane Matthew and changes to the UK’s Ogden rate.
Dan Ascher
,
04 May 2017
AIG beats despite commercial underwriting loss
AIG shares were up in after-hours trading as the insurer comfortably beat first quarter earnings forecasts and added $2.5bn to its share repurchase plan.
David Bull
,
04 May 2017
Athene emerges among F&G Life bidders
Apollo-backed insurer Athene is among the bidders in the rebooted Fidelity & Guaranty Life (F&G) sale process, The Insurance Insider can reveal.
Adam McNestrie
,
03 May 2017
PartnerRe profit survives $35mn Ogden hit
PartnerRe clocked a $44mn operating profit for the first quarter of 2017, matching the results for the same period last year despite taking a $35mn charge related to the UK government’s controversial move in February to change the way some personal injury payments are calculated.
Dan Ascher
,
03 May 2017
OneBeacon valuation outshines RoEs
OneBeacon's 1.65x multiple in its sale to Intact Financial represents a premium valuation for the business given its low historic returns on equity (RoEs) relative to its peer group, data compiled by The Insurance Insider shows
Matthew Neill
,
03 May 2017
AJ Gallagher acquires Texas Insurance Managers
AJ Gallagher (AJG) has acquired its 15th company of the year after buying commercial and personal lines broker Texas Insurance Managers, it announced today
Bernard Goyder
,
03 May 2017
White Mountains up more than 5% on OneBeacon sale
White Mountains shares rose in early trading in New York today after it snared a $1.7bn agreement to sell specialty business OneBeacon to Canada's Intact
Laura Board
,
03 May 2017
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