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AJ Gallagher generates 4.8% organic growth

AJ Gallagher (AJG) impressed with solid first quarter organic revenue growth performance across its broking and risk management business and margin improvement.

David Bull, 29 April 2016
Personal auto and investments offset commercial improvement at The Hartford

The Hartford reported an earnings miss for the first quarter as improved underwriting performance in its commercial lines business was offset by auto-driven deterioration in personal lines and lower investment income.

David Bull, 29 April 2016
Validus underwriting holds up in earnings beat

Validus reported a solid earnings beat for the first quarter as its bottom line benefited from stable underwriting performance that contrasted with several of its peers.

David Bull, 29 April 2016
Private flood insurance bill edges towards approval

A bill that could see private surplus lines carriers take a larger chunk of the market for flood insurance has overcome another hurdle after passing the US House of Representatives.

Dan Ascher, 29 April 2016
State Auto shares slide after earnings miss

Shares in State Auto traded down by as much as 8 percent today (28 April) after the US insurer announced Q1 operating earnings per share of just $0.05, considerably below Wall Street analysts' consensus estimate of $0.37.

Dan Ascher, 28 April 2016
Simple post-Brexit trade deal ‘complete fantasy’: Nelson

It is unrealistic to expect that the UK could negotiate a straightforward bilateral trade deal if it left the EU, according to Lloyd's chairman John Nelson

Winifred Okocha, 28 April 2016
Munich Re drops by 9% following Q1 warning

Munich Re shares traded down 5.3 percent today (28 April) to EUR164.8 from yesterday's closing price of EUR174, as investors continued to digest the company's warning on Q1 earnings.

Iulia Ciutina, 28 April 2016
Q1 specialty downturn a one-off: RenRe

RenaissanceRe executives said the weaker underwriting performance reported by its specialty reinsurance business in the first quarter of 2016 came from isolated events and was not a sign of a deteriorating trend

Fiona Robertson, 28 April 2016
EY: Insurance sector lags behind banking in gender parity

The insurance industry is behind the banking sector in terms of progress on gender parity, according to research from professional services firm EY

Catrin Shi, 28 April 2016
MMC posts 4% organic growth

Marsh & McLennan Companies (MMC) has today (29 April) reported organic growth for the first quarter of 2016 in both its insurance and reinsurance broking arms despite continued rating pressure

Charlie Thomas, 28 April 2016

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