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Top and bottom line reinsurance growth at Endurance

Endurance reported a comfortable earnings beat for the first quarter as it detailed strong top line growth and a significant improvement in underwriting results.

David Bull, 03 May 2016
Transaction costs weigh on PartnerRe profits

PartnerRe's first quarter results were impacted by a $60mn hit related to the Bermudian reinsurer's takeout by Italian investment vehicle Exor.

Dan Ascher, 03 May 2016
Top line growth and stable underwriting profits at Argo

Argo's top line jumped by 9 percent in the first quarter but profits at the Bermudian carrier slid by more than 10 percent.

Dan Ascher, 03 May 2016
Profits down 54% at AIG despite P&C improvement

First quarter operating profits at AIG more than halved from $1.7bn to $773mn despite a modest improvement in the combined ratio of its core P&C commercial insurance business.

David Bull, 03 May 2016
Everest makes senior European hires

Everest has bolstered its European and Lloyd’s platforms with the hire of Stephan Knipper and Christian Colombera.

David Bull, 02 May 2016
OneBeacon beats with tax boost

White Mountains-owned One Beacon was helped to a significant earnings beat after receiving a $12.8mn boost from a prior-year tax settlement.

Dan Ascher, 02 May 2016
AEP charge offsets improved underwriting at CNA

CNA reported an earnings miss for the first quarter as it took an $83mn after-tax charge to reflect adverse development on asbestos and environmental pollution (AEP) exposures on the portfolio transferred to Berkshire Hathaway in 2010.

David Bull, 02 May 2016
AIG to offload $1.25bn stake in PICC

AIG is set to sell $1.25bn of PICC P&C shares in what will be the third major sale of the Chinese insurer's stock by the insurance giant in just over a year.

Dan Ascher, 02 May 2016
D&O rates lowest in a decade

Big-three broker Aon has found that the average price of directors and officers (D&O) coverage has fallen to the lowest level since it started tracking rates a decade ago.

30 April 2016
Probitas boosts property with Hubbard hire

Ash Bathia’s recently-launched Probitas Syndicate 1492 has continued its rapid expansion with the hire of Robbie Hubbard from Atrium as property underwriter.

29 April 2016

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