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Axa Corporate Solutions profit falls as revenues stay flat

Full-year underlying earnings at Axa Corporate Solutions fell 9 percent year-on-year to EUR122mn ($128mn) as revenue growth at the specialty unit remained flat

Catrin Shi, 23 February 2017
Canadian Broker Network appoints chairman

Canadian Broker Network (CBN) has appointed Mike Robinson, the president and CEO of member company PBL Insurance, as its chairman

Laura Board, 23 February 2017
Opinion: Fairfax M&A fight

There is a tendency for attention to rapidly shift after a press release hits the wires explaining that one public company has agreed to be acquired by another

Adam McNestrie, 23 February 2017
Perils pegs Egon loss at EUR212mn

Industry catastrophe loss data specialist Perils estimated that there will be EUR212.0mn ($223.9mn) of insured losses from extra-tropical cyclone Egon.

Matthew Neill, 23 February 2017
RSA shares rise on underwriting earnings

Shares in RSA Insurance rose almost 6 percent on Thursday after it reported a 25 percent rise in full-year operating profits following changes to underwriting processes.

Matthew Neill, 23 February 2017
Swiss Re CUO Weber to step down

Swiss Re has announced that its group chief underwriting officer Matthias Weber will step down on 30 June after 25 years at the reinsurance giant

23 February 2017
Swiss Re records major miss on Q4 results

Swiss Re surprised analysts this morning by reporting group net income of $517mn for the fourth quarter of 2016, down 44.9 percent on the prior-year period and missing consensus by 18 percent.

Charlie Thomas, 23 February 2017
TransRe binds $150mn for GenRe in broker market tie-up

TransRe has bound over $150mn of projected premiums for Gen Re under the exclusive broker market underwriting relationship the reinsurers entered into at the start of August 2016.

David Bull, 23 February 2017
XL Group CFO Porrino to retire

XL Group's chief financial officer Peter Porrino is set to retire as current group controller Stephen Robb prepares to take over, the Bermuda-based carrier announced today.

Dan Ascher, 23 February 2017
Alleghany in big beat despite lower UW profits

Underwriting profits at Alleghany’s (re)insurance operations dropped 22 percent to $102.1mn for the fourth quarter as higher cat and current accident year losses were only partially offset by prior-year reserve releases.

David Bull, 23 February 2017

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