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Allianz P&C profits jump 4.3%
Benign natural catastrophe activity and fewer large losses boosted P&C operating profits at Allianz as the segment's bottom line grew by 4.3 percent year-on-year in the third quarter to EUR1.4bn ($1.5bn).
Matthew Neill
,
11 November 2016
AmTrust delays 10-Q filing and reveals ‘control deficiencies’
AmTrust has delayed the filing of its third quarter Form 10-Q because it has not been able to complete work needed to report certain items on its consolidated income statement.
David Bull
,
11 November 2016
RLI sets $2 special dividend as shares languish
RLI continued its track record of returning capital to shareholders through special dividends as it unveiled a $2 payout today that is expected to total $88mn.
Ted Bunker
,
11 November 2016
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
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