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Matthew losses to be within cat load at Arch

Hurricane Matthew is likely to result in cat losses of less than $40mn for Arch during the fourth quarter of the year, according to CEO Dinos Iordanou

Charlie Thomas, 28 October 2016
Aon Benfield Q3 organic growth up to 1%

Organic revenue at Aon's reinsurance arm Aon Benfield grew 1 percent in the third quarter to rebound from the 4 percent decrease reported in the same period of last year

Catrin Shi, 28 October 2016
Bell hired to lead AIG aviation book

Senior Aon Benfield broker David Bell is set to join AIG as global head of aerospace, The Insurance Insider can reveal

Adam McNestrie, 28 October 2016
AJ Gallagher reports 3.4% organic growth in Q3

Acquisitive intermediary Arthur J Gallagher reported organic growth of 3.4 percent for the third quarter as revenue from its brokerage division climbed to $823.8mn.

Dan Ascher, 28 October 2016
Hartford posts profit gains on strength of commercial performance

The Hartford Financial Services Group’s third-quarter profit climbed on gains in its commercial property and casualty segment and a sharp reduction in losses in its personal lines, where pressure from auto coverage erased homeowner improvements.

28 October 2016
Validus Q3 profit climbs 26% as premiums dwindle

Validus reported a 25.6 percent surge in net operating income to $82.6mn in the third quarter on lower premium volume that was partly driven by foreign exchange pressures affecting the Bermudian’s Lloyd’s syndicate Talbot.

Dan Ascher, 28 October 2016
Wright departs in Willis Towers Watson overhaul

Willis Towers Watson today announced a string of management changes that will see Tim Wright, head of corporate risk and broking, leave the firm.

Catrin Shi, 27 October 2016
XL will not lose business from P&C shake up: McGavick

XL's P&C restructure, which will result in the departure of some senior staff, should not lead to the loss of any business, CEO Mike McGavick has said.

Catrin Shi, 27 October 2016
London-listed carriers’ stock drops

In our expanded coverage universe, last week's biggest share price falls were seen at London-listed insurers, with Admiral, Charles Taylor and Novae all suffering declines

Iulia Ciutina, 27 October 2016
Irdai clears way for ITI Re

The Insurance Regulatory and Development Authority of India (Irdai) has given second-round approval for the launch of the country's first private reinsurer, ITI Re.

Catrin Shi, 27 October 2016

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