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Munich Re issues Q1 warning

Munich Re CEO Nikolaus von Bomhard has warned attendees at the reinsurer's annual general meeting (AGM) today (27 April) that first quarter profits would be "well below" its expectations

Iulia Ciutina, 27 April 2016
CSC passes another hurdle in Xchanging acquisition

Computer Sciences Corporation (CSC) announced yesterday (26 April) that it had received approval from the UK's Financial Conduct Authority to acquire software services provider Xchanging

Charlie Thomas, 27 April 2016
Scor’s profits dip as top line grows in Q1

European reinsurer Scor saw its net profits fall 2.9 percent to EUR170mn in the first quarter of 2016, despite recording a strong 3.3 percent return on invested assets

Charlie Thomas, 27 April 2016
Formal auction underway for Asia Capital Re

Singapore's biggest reinsurer Asia Capital Re (ACR) has been placed up for sale with a price tag of more than $1bn, The Insurance Insider can reveal

Adam McNestrie, 27 April 2016
Analysts raise questions over AIG SME joint venture

AIG's joint venture (JV) with Hamilton and Two Sigma in the US small-to-medium-sized enterprise (SME) space has been met with a mixed response from equity analysts.

David Bull, 27 April 2016
Axis grows reinsurance top line by 21% on QS and multi-year deals

Gross written premiums (GWP) in the reinsurance segment of Axis climbed by more than 20 percent in Q1 driven by an increase in proportional business in marine, liability and motor lines, as well as a higher number of multi-year policies.

Dan Ascher, 27 April 2016
RenRe misses as specialty reinsurance underwriting deteriorates

RenaissanceRe reported operating profits that almost halved to $66.3mn for the first quarter as its bottom line was hit by deteriorating underwriting performance in its specialty reinsurance business.

David Bull, 27 April 2016
WR Berkley grows top and bottom line in Q1

Specialty insurer WR Berkley managed to grow its premium base and profitability in the first quarter of the year as the group also improved its combined ratio

Dan Ascher, 27 April 2016
AIG-Hamilton MGA to offer full range of SME products

The newly-unveiled joint venture (JV) between AIG, Hamilton and Two Sigma will operate as an MGA offering an extensive range of products to the US small-to-medium enterprise market under a separate brand, according to Brian Duperreault.

David Bull, 26 April 2016
Lloyd’s cracks down on lineslips

Lloyd's will publish a set of minimum standards for delegated underwriting following two thematic reviews of aviation and terrorism lineslips

Catrin Shi, 26 April 2016

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