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MS Amlin boosts MS&AD net premiums

Group profits at MS&AD rose by 21.7 percent to 318.8bn yen ($2.8bn) for the nine months to 31 December, driven by profits in the domestic non-life business.

Charlie Thomas, 14 February 2017
Adnic returns to profit in 2016

The Abu Dhabi National Insurance Company (Adnic) has reported net profit of 205mn ($55.8mn) dirhams for full-year 2016, marking a turnaround from the 334.5mn dirham loss the previous year.

Charlie Thomas, 14 February 2017
Sompo Canopius net income flat as premiums fall

Nine-month net income from Sompo Canopius was flat year-on-year at 4.2bn yen ($36.9mn), according to filings from parent company Sompo Japan Nipponkoa

Catrin Shi, 14 February 2017
Ed hires Gulsun to head international P&C

Ed has hired Willis Towers Watson's direct and facultative (D&F) specialist Namik Gulsun, the broker announced today

Bernard Goyder, 14 February 2017
New law raises prospect of claims disputes

Insurers have less than three months to fine-tune their claims handling procedures before legislation which could land them with new liabilities takes effect.

Laura Board, 14 February 2017
UK government raises automated vehicle cover concerns

The UK Department for Transport (DfT) has highlighted the insurance implications of driverless cars.

Matthew Neill, 14 February 2017
Floridians act to avert Demotech downgrades

Around half a dozen Florida homeowners' insurers are taking action to shore up their capital and surplus position ahead of submitting their final 2016 financial results, according to Demotech.

David Bull, 14 February 2017
Brokers report weaker organic growth in fourth quarter

The brokerage sector felt the impact of the soft market in the fourth quarter, with two of the three leading P&C (re)insurance brokers all posting slower organic growth than a year earlier.

Iulia Ciutina, 14 February 2017
Citizens leads Florida push for AOB reforms

With the regular Florida legislative session due to convene in three weeks, industry lobbyists are pushing hard for reforms to address the assignment of benefits (AOB) water claims crisis in the state.

David Bull, 14 February 2017
AIG to unveil ‘critical’ Q4 results

AIG is under pressure to address key questions when it releases its fourth-quarter results later today.

Ted Bunker, 14 February 2017

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