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Hannover Re shares down 8% on Q2 miss

Shares in Hannover Re fell more than 8 percent this morning (4 August) following the publication of second quarter results that missed the analyst consensus by 12 percent

Catrin Shi, 04 August 2016
Improved underwriting drives RSA profit jump

UK insurer RSA reported operating profits of £312mn ($415mn) for H1 2016 this morning, up 20 percent on the prior-year period, and 12 percent ahead of the analyst consensus.

Charlie Thomas, 04 August 2016
Hannover Re Q2 profits down on weaker underwriting

Second quarter P&C net income at Hannover Re fell 30 percent year-on-year to EUR172mn ($192mn), missing analysts' consensus forecasts by 12 percent.

Catrin Shi, 04 August 2016
Heritage top line swells by 31%

Floridian homeowners' carrier Heritage saw gross written premium increase by 31 percent in the second quarter as it incorporated recent acquisition Zephyr into its already expansive business.

Dan Ascher, 04 August 2016
Universal approved to write commercial residential in Florida

Universal Insurance Holdings has been approved to enter the commercial residential market in Florida, as it looks to diversify its significant homeowners' presence in the state.

David Bull, 04 August 2016
E&S growth and higher profits at James River

Second quarter operating profits at James River Group (JRG) were up 10.5 percent to $13.7mn as the specialty insurer and working layer reinsurer reported higher underwriting profits and strong top-line growth in its E&S and admitted business.

David Bull, 04 August 2016
Court ruling forces Peter Hearn to pay Willis Re $2.8mn

A US district court has ruled former Willis Re chairman Peter Hearn must pay the reinsurance broker $2.8mn after defecting to rival Guy Carpenter last year.

Dan Ascher, 04 August 2016
Allstate beats despite higher cats

Allstate reported a 10.3 percent year-on-year fall in second quarter operating profits, which were just ahead of Wall Street expectations already reset to factor in elevated cat losses.

David Bull, 04 August 2016
AIG turnaround hopes send shares up 7%

Shares in AIG closed up 7.31 percent in New York on second quarter results that surpassed Wall Street's expectations and raised hopes that a turnaround at the insurance giant is on track.

Dan Ascher, 04 August 2016
Novae raises reinsurance spend for future growth

Novae has increased its reinsurance buying to mitigate increased US catastrophe exposure and bed down future growth in its underlying business, CEO Matthew Fosh has said

Catrin Shi, 03 August 2016

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