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  • Endurance has become the latest carrier to move into the US environmental liability market, as firms rush to fill the void left by American International Group (AIG) following its withdrawal from the sector at the beginning of this year.
  • Net profits at Munich Re declined 9.4 percent year-on-year to EUR974mn ($1.07bn) during the second quarter, as a series of natural catastrophes hit the bottom line.
  • Goldman Sachs has added AIG to its “Americas conviction list” following a “strong” set of second quarter results from the insurance giant.
  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • There were significant shifts in some (re)insurers' share prices in the first week of August, as the second wave of Q2 results saw investors rally behind outperformers and punish those who missed consensus forecasts
  • Underwriting performance at Bermudian carriers worsened in the second quarter of 2016, as a high level of catastrophes dented loss ratios across the board
  • Bermudian carriers' second quarter growth was in the double-digits for the second year in a row, due primarily to an increase in assumed reinsurance
  • Berkshire Hathaway returns to underwriting profit; AIG offloads NSM stake; Cat losses hit P&C profits at Allianz; Jackson joins RFIB; Profits more than double at Enstar...
  • AmTrust has ended a long-running feud with its former Italian medical malpractice broker Trust Risk Group and its CEO Antonio Somma, the insurer said in a US Securities and Exchange Commission filing last month (20 July)
  • Beach & Associates, in partnership with Istanbul-based Turker, has won a request for proposal (RFP) to be sole reinsurance broker for the Turkish Catastrophe Insurance Pool (TCIP), The Insurance Insider can reveal