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Opinion: Buberl’s Age of Reason
Axa's recently installed CEO, Thomas Buberl, has distanced himself from the pursuit of big-ticket M&A in favour of a more nuanced approach
Laura Board
,
27 February 2017
Hiscox posts 'record' 2016 profits
Hiscox reported record pre-tax profits of £354.5mn ($441.4mn) for the full year following a significant boost from foreign exchange movements and an improved investment return.
Catrin Shi
,
27 February 2017
AIG reports a 15% drop in total employment
Insurance giant AIG got a lot smaller last year in terms of headcount, reporting in regulatory filing that its employment ranks fell 15 percent in 2016 .
Ted Bunker
,
25 February 2017
Endurance cat losses drive Q4 earnings miss
Sompo’s latest major insurance acquisition Endurance reported operating profit fell by more than half to $55.8mn in the fourth quarter of last year as a number of catastrophes took their toll.
Dan Ascher
,
25 February 2017
State National jumps 4.8% on fronting growth outlook
State National (SNC) shares climbed in New York trading today after the fronting and programme specialist’s earnings topped Wall Street’s expectations and management raised its earnings outlook.
Ted Bunker
,
25 February 2017
Skuld Copenhagen head unveiled
Skuld has appointed Krester Krøger Kjær as head of Skuld Copenhagen, the protection and indemnity club announced today
24 February 2017
Travelers threat forces Brolly to change logo
Start-up InsurTech firm Brolly is crowdsourcing a new logo following a legal threat about its original red umbrella motif
Charlie Thomas
,
24 February 2017
XL Catlin hires UK PI team leader
XL Catlin has named Noel Horner as senior underwriter and team leader for professional indemnity in the UK.
Laura Board
,
24 February 2017
Goldman Sachs and Blackstone among USI bidders
Goldman Sachs Private Equity, Clayton, Dubilier & Rice (CD&R) and Blackstone are among the bidders set to table offers for $4bn US broker USI, The Insurance Insider understands
Adam McNestrie
,
24 February 2017
JLT Re adds to Nordics team
JLT Re has hired Annja Karlsson from Guy Carpenter to build its Nordics team, after the reinsurance broker appointed a P&C head for the region last year.
Laura Board
,
24 February 2017
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