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Lancashire profits rise 30% amid low loss quarter
London-listed Lancashire saw pre-tax profits increase by more than 30 percent to $42.9mn for Q3 2016, following another low catastrophe quarter.
Charlie Thomas
,
03 November 2016
Scandinavia boosts RSA 9-month premium
RSA's core group net written premiums (NWP) grew 6 percent in the nine months to 30 September to £4.56bn ($5.60bn), driven by growth in Scandinavia.
Catrin Shi
,
03 November 2016
Maiden grows top and bottom line
Bermudian Maiden saw profits and gross written premium increase in the third quarter despite what its CEO described as an "increasingly challenging operating environment with intensifying competition".
David Bull
,
03 November 2016
Batchelor to fill in as GC Emea head
Marsh vice chairman David Batchelor will oversee sister company Guy Carpenter's Emea business on an interim basis following the departure of Nick Frankland earlier this week, The Insurance Insider can reveal.
03 November 2016
Allstate gains despite lower profits
US national property and casualty insurer Allstate's third-quarter profit fell 22 percent as catastrophe losses surged, overwhelming gains in homeowners and auto lines.
Ted Bunker
,
03 November 2016
James River’s top line climbs 76% in Q3
Growth in James River’s casualty reinsurance segment and its book of specialty admitted insurance business drove the Bermudian’s top line up by 75.5 percent in the third quarter.
Dan Ascher
,
03 November 2016
Program charge drives AIG commercial insurance deterioration
Higher cat losses and adverse development on program business contributed to mounting underwriting losses in AIG’s core commercial insurance operations for the third quarter.
David Bull
,
03 November 2016
Federated National profit plunges as costs climb
Federated National’s shrinking third-quarter profit missed Wall Street expectations, falling to $1.4mn, or $0.10 a share, even as top-line results rose.
Ted Bunker
,
03 November 2016
RenaissanceRe puts Matthew loss at $75mn
RenaissanceRe estimates Hurricane Matthew will have a net negative impact of $75mn on its fourth-quarter results, CFO Bob Qutub told analysts during a conference call today.
Ted Bunker
,
03 November 2016
OneBeacon underwriting performance drives strong gains
OneBeacon surpassed Wall Street expectations in the third quarter as the US specialty insurer improved its underwriting performance across several divisions
Matthew Neill
,
02 November 2016
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