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Aspen profit climbs as reinsurance gains boost top line

Aspen Insurance Holdings said third quarter profit rose by about 6.3 percent as revenue and margin improvements in its reinsurance segment bolstered its sagging insurance operations.

Ted Bunker, 27 October 2016
XL Catlin’s reinsurance segment grows 23%

XL Catlin grew the top line in its reinsurance business by about 23 percent in the third quarter as profit surged by more than two-thirds.

Dan Ascher, 27 October 2016
Arch profits jump 13% in Q3

Arch Capital Group reported a 13 percent jump in third quarter operating profit as gross premiums written climbed by around 7.5 percent and its combined ratio strengthened.

Ted Bunker, 27 October 2016
PartnerRe profits slip 13% on flat premiums

PartnerRe saw operating income fall by 12.6 percent to $185mn in the third quarter, while premiums remained stable.

Dan Ascher, 27 October 2016
Zurich hires Cockayne as Middle East CUO

Mark Cockayne, the former senior executive officer for International General Insurance (IGI), has been hired by Zurich as chief underwriting officer for Zurich Insurance Middle East

Charlie Thomas, 26 October 2016
AIG increases property terrorism capacity to $1bn

AIG announced today the expansion of its property terrorism insurance capacity from a $250mn limit per client to $1bn

Iulia Ciutina, 26 October 2016
XL Group unveils P&C revamp

XL Group has realigned its operating model into four distinct business groups, effective from 1 January, with reinsurance CEO Greg Hendrick moving up to take on a role overseeing the group-wide P&C operations.

Charlie Thomas, 26 October 2016
Hiscox launches joint $1bn fine art consortium

Hiscox is launching a $1bn fine art consortium venture, it announced today

Iulia Ciutina, 26 October 2016
Honours 2016 Post-Event Supplement

Welcome to our post-event supplement for the fifth Insurance Insider Honours, which took place on the 8 September 2016

26 October 2016
Matthew ‘not a game changer’: Everest Re

John Doucette, reinsurance CEO at Everest Re, has said that Hurricane Matthew would not be a game-changing loss for the sector

Fiona Robertson, 26 October 2016

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