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China Taiping issues 2016 profit warning
China Taiping has warned investors it expects its full-year 2016 profits to be 25 percent lower than those posted in 2015.
Matthew Neill
,
26 January 2017
Axis hires Hussey in LatAm and Caribbean D&F push
Axis has launched a Miami-based direct and facultative (D&F) platform and hired Eduardo Hussey from Marsh as it looks to expand its offering to the Latin American and Caribbean (LAC) market
David Bull
,
26 January 2017
Axa CEO hints against Generali move: reports
Axa CEO Thomas Buberl has denied that the firm will try to acquire a major rival in a statement likely to be interpreted as a disavowal of interest in purchasing in-play peer Generali
Matthew Neill
,
26 January 2017
QIC’s top line growth continues in 2016
Qatar Insurance Company's top line increased by 18.6 percent in 2016 from the previous year, taking the total to 9.9bn riyals ($2.7bn)
Charlie Thomas
,
26 January 2017
CFC Underwriting records 29% profit increase for 2016
Pre-tax profits at CFC Underwriting increased by 29 percent to £11.0mn ($13.8mn) in 2016, according to the managing general agency (MGA)'s annual accounts.
Charlie Thomas
,
26 January 2017
Ascot hires Bermuda-based healthcare team
Ascot Underwriting has appointed three underwriters from Hiscox Re to its healthcare, casualty treaty and specialty reinsurance division in Bermuda
Matthew Neill
,
26 January 2017
Helios completes Pooks acquisition
Aim-listed carrier Helios Underwriting has completed its £870,659 ($1.1mn) acquisition of Lloyd's limited liability vehicle Pooks, it announced this morning
Charlie Thomas
,
26 January 2017
Perils quadruples Italian quakes loss estimate
Risk modelling agency Perils said it now expects the series of earthquakes that hit central Italy in late October to generate a property insurance market loss of EUR125mn ($134.2mn).
Laura Board
,
26 January 2017
Generali replaces CFO Minali
Italian insurer Generali said late on Wednesday (25 January) it had terminated the contract of CFO Alberto Minali.
Matthew Neill
,
26 January 2017
RLI comfortably beats forecasts with Q4 profit
RLI Corp reported operating earnings of $24.9mn for the final quarter of last year, marking a slight improvement on the same period in 2015 when it recorded profits of $24.6mn.
Dan Ascher
,
26 January 2017
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