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Perils names new Asia Pacific head

Catastrophe data aggregator Perils has appointed Darryl Pidcock to the new role of head of its Asia Pacific operation

Laura Board, 27 April 2017
Ogden charge hits Scor Global P&C profits

Scor Global P&C reported a Q1 2017 operating result of EUR149mn ($162.5mn), which was down 37.7 percent on the prior-year period and missed the analysts' consensus by 13.9 percent

Charlie Thomas, 27 April 2017
JLT Specialty wins clients in first quarter

JLT has said that key client wins in its specialty division helped offset tough trading conditions in the first quarter.

Bernard Goyder, 27 April 2017
Allied World scrapes up underwriting profit

Allied World fell 23 percent short of analyst consensus expectations with operating earnings per share of $0.53 in the first quarter, in what is likely to be the firm’s final set of results as a public company following its agreed sale to Fairfax Financial.

Adam McNestrie, 27 April 2017
Markel cites Ogden hit as underwriting profit erodes

Markel’s operating income fell by almost half to $127.4mn in a first quarter that saw the firm preannounce an $85mn reserve charge that tipped it into an underwriting loss.

Dan Ascher, 27 April 2017
Axis misses as reinsurance profits plummet

Axis reported first quarter operating income of $0.59 per diluted common share, 27.2 percent short of analyst consensus expectations of $0.81 per share.

Iulia Ciutina, 27 April 2017
Florida lawmakers step closer to AOB reform

Florida’s House of Representatives passed a bill designed to curb assignment of benefits abuses that have sharply inflated insurance costs in the Sunshine State, but whether a similar measure will emerge from the Senate remains uncertain with the legislative session near its end.

Ted Bunker, 27 April 2017
Validus misses as underwriting profits slide

Validus' profit fell 36.8 percent in the first quarter as the Bermudian reported net operating income of $76.8mn.

Dan Ascher, 27 April 2017
Aspen outpaces consensus despite profits slide

Aspen narrowly topped analyst consensus figures in the first quarter, despite weaker underwriting results that dragged earnings down by a third.

Adam McNestrie, 27 April 2017
Cincinnati Financial beats even as cat losses cut profits

Cincinnati Financial’s first quarter profit beat Wall Street estimates even as it dropped 34 percent after ballooning catastrophe losses from widespread storms in the US south and west punished underwriting result

Ted Bunker, 27 April 2017

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