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Investment gains help Berkley to Q3 profits beat

While WR Berkley reported that third quarter operating income fell about 4.1 percent from the same period last year to $113.6mn, or $0.88 a share, the results beat the average analyst estimate of $0.85 a share.

Ted Bunker, 26 October 2016
PCI Newsletter 2016 Day 3

The third of our special issues from this year's PCI conference

25 October 2016
Guy Carpenter revenues flat in Q3

Guy Carpenter has reported flat organic revenue for the third quarter of 2016, down from 2 percent growth during the same period of last year

Charlie Thomas, 25 October 2016
European carriers increase reinsurance buying

Primary carriers' appetite for reinsurance has grown amid accommodating market conditions, as the year-end 2015 and first half 2016 results highlighted cedants' preference for reinsurance over other forms of capital

Iulia Ciutina, 25 October 2016
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

25 October 2016
Insider 30 starts Q3 season in the red

The first week of the third quarter results season saw The Insider 30 group's shares fall 1.3 percent from the previous Friday close, as investors became wary over insurer earnings for the period.

Iulia Ciutina, 25 October 2016
Zurich reinsurers look to North America as profits surge

Zurich-based reinsurers' gross written premiums hit CHF40.7bn ($41.1bn) in 2015 following top line growth of 3.6 percent year-on-year, as North America took a greater share of business

Iulia Ciutina, 25 October 2016
Insider View: BaFin’s third-country rules

The reinsurance industry has a clear expense problem. It already costs too much to deliver the product - and this is a constant refrain of platform speeches from industry luminaries.

Charlie Thomas, 25 October 2016
BaFin stance leaves US (re)insurers frustrated

US (re)insurers have found themselves in limbo ahead of the major 1 January renewal for German cedants' business, following a rule change by German regulator BaFin.

Charlie Thomas, 25 October 2016
News digest

Homeowners' insurance RoE drops; Everest Re Q3 profit surges; Matthew claims rise to $549mn in Florida; US P&C carriers struggling for underwriting profits; Liberty Mutual temporarily shuts Portland office...

Charlie Thomas, 25 October 2016

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