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Berkshire underwriting profits slide 34 percent
Deteriorating performance at auto carrier Geico drove third quarter underwriting profits down by just over a third at Berkshire Hathaway’s insurance operations.
David Bull
,
05 November 2016
The Hanover climbs 5% after earnings beat
Shares in The Hanover rose more than 5 percent in New York today following a significant earnings beat that saw profits climb on increased premium.
Dan Ascher
,
04 November 2016
Liberty Mutual Q3 profits squeezed by cat losses
Liberty Mutual Holding Company's operating profit dropped 34 percent as catastrophe losses more than tripled and its combined ratio weakened.
David Bull
,
04 November 2016
Tiernan named as Aviva UK CFO
Patrick Tiernan, formerly chief operating officer at StarStone, has joined Aviva as CFO of its UK division, it was confirmed today.
Catrin Shi
,
04 November 2016
Willis drops 8% as investors punish growth decline
Shares in Willis Towers Watson have plunged almost 7 percent after the firm fell to a net loss of $32mn for the third quarter of 2016, compared to $209mn of net income in the same period of last year
Matthew Neill
,
04 November 2016
Dual CEO Bains to exit in January
Talbir Bains, the group CEO of Dual International, is to leave the business at the end of January, The Insurance Insider can reveal
Adam McNestrie
,
04 November 2016
Organic revenues slide 5% in key Willis insurance unit
Organic growth at Willis Towers Watson's investment, risk and reinsurance segment contracted by 5 percent in the third quarter following a decline in the capital markets business
Iulia Ciutina
,
04 November 2016
AJG expands credit and political risk team
AJ Gallagher (AJG) has appointed JLT's Rupert Boyle and Nick Ollerenshaw to its credit and political risks team, it announced today
Catrin Shi
,
04 November 2016
Talbot launches nuclear terrorism Lloyd’s consortium
Talbot Underwriting has launched a Lloyd's consortium for nuclear, biological, chemical and radiological (NBCR) terrorism risks up to $50mn
Catrin Shi
,
04 November 2016
RSA confirms £1bn legacy sell-off
RSA yesterday confirmed it is exploring the sale or reinsurance of approximately £1bn ($1.2bn) in legacy exposures, as previously reported by The Insurance Insider
Catrin Shi
,
04 November 2016
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