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RSA hit with large losses of £142mn

RSA suffered large losses of £142mn ($204mn) in its core operations in the first quarter of 2016, which comprised 9.5 percent of the group's net earned premium (NEP) for the period

Matthew Neill, 05 May 2016
Q1 profit halves at Lancashire

Pre-tax profits at Lancashire almost halved in the first quarter to $26.5mn, following a deterioration in the investment result and a decline in net earned premium.

Catrin Shi, 05 May 2016
Brexit a ‘grave concern’ for London market: IUA

The trade body representing the London company market has issued a stark warning against the UK voting to leave the European Union

Winifred Okocha, 05 May 2016
McMurray fire will be among costliest Canadian events

The insurance industry is bracing itself for major losses as the Canadian city of Fort McMurray is devastated by wildfire

Adam McNestrie, 05 May 2016
CSC completes Xchanging acquisition

US-headquartered technology firm CSC has announced that it has completed the acquisition of insurance services and software provider Xchanging.

05 May 2016
Beazley grows specialty GWP by 15% in Q1

Gross written premium (GWP) in Beazley's specialty lines division grew 15 percent to $261mn in the first quarter, as the carrier took advantage of 2 percent rate increases in the segment.

Catrin Shi, 05 May 2016
Pro-forma Chubb UW profits climb 23%

Pro-forma Q1 results for the first quarter of the combined Ace-Chubb operations showed a 23.2 percent increase in underwriting income to $720mn and a combined ratio that improved by 1.2 points to 88.9 percent.

David Bull, 05 May 2016
Tornadoes and prior-year deterioration pressures Heritage combined ratio

The combined ratio of Florida-based Heritage Insurance Holdings increased by 30.9 percentage points to 95.5 percent in the first quarter including the impact of a series of severe weather events and prior-year deterioration.

Dan Ascher, 05 May 2016
Profits up 9% at James River

James River Group reported a 9 percent increase in profits to $12.8mn for the first three months of the year - up from $11.7mn for the same period in 2015.

Dan Ascher, 05 May 2016
Record Q1 earnings for The Hanover despite lower Chaucer contribution

The Hanover has reported record earnings per share for the first quarter as operating income increased by 25 percent.

Dan Ascher, 05 May 2016

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