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American Financial closes National Interstate buyout
American Financial Group (AFG) has closed its acquisition of the shares in National Interstate it didn't already own, ending a takeover saga that has run for more than two-and-a-half years.
David Bull
,
11 November 2016
Global rate softening moderates in Q3: Marsh
Global insurance rate decreases moderated for the third quarter in a row, according to data from brokerage giant Marsh.
David Bull
,
11 November 2016
Hannover puts Matthew loss at close to EUR100mn
Hannover Re expects losses related to Hurricane Matthew to be "slightly below EUR100mn", CFO Roland Vogel said today on a conference call with securities analysts.
Ted Bunker
,
10 November 2016
Willis and Marsh beef up share buyback programmes
Marsh & McLennan Companies and Willis Towers Watson have signalled further capital repatriation to investors with expanded share buyback programmes
Ted Bunker
,
10 November 2016
Profitable period is time to modernise: Horton
The London market must seize the opportunity offered by sustained profitability to invest in its future capabilities, Beazley CEO Andrew Horton has said
Matthew Neill
,
10 November 2016
Hannover Re climbs 5% despite P&C profit slip
Markets have reacted positively to Hannover Re's Q3 results as the reinsurer's shares surged 5 percent despite a fall in P&C profits.
Matthew Neill
,
10 November 2016
XL Catlin appoints president of global excess casualty
XL Catlin has promoted Barbara Luck to become the new president of its global excess casualty business, it said yesterday
10 November 2016
Waiting on change will doom London: Khoury-Haq
Failure to embrace the Target Operating Model (Tom) could leave the London market vulnerable to "stagnation and failure", Lloyd's director of operations Shirine Khoury-Haq has claimed.
Matthew Neill
,
10 November 2016
Mapfre non-life GWP drops 2.3%
Spanish carrier Mapfre has reported a 2.3 percent decline in nine-month gross written premiums (GWP) to EUR13.5bn in its non-life business.
10 November 2016
Market needs transitional Brexit arrangements: LMG
The London Market Group (LMG) is lobbying against a "hard Brexit" for the insurance industry as the UK government enters negotiations with the EU, Malcolm Newman, CEO of Scor's Paris-London hub, has said
Catrin Shi
,
10 November 2016
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