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Reinsurance remains a cyclical business: Wallin

The reinsurance market remains a cyclical one despite suggestions that the emergence of flexible alternative capital providers has dampened its volatility, according to Hannover Re CEO Ulrich Wallin.

Fiona Robertson, 04 February 2016
Med-mal reserve addition hits Allied World profits

Operating income at Allied World fell by more than 70 percent to $43mn in the fourth quarter after an adverse development in the healthcare division hit its bottom line

Dan Ascher, 04 February 2016
Endurance grows top and bottom line in Q4

Bermudian carrier Endurance saw its operating income increase by 54.8 percent in the final quarter of 2015, while its gross written premiums grew by 22.5 percent following its acquisition of Montpelier Re.

Dan Ascher, 04 February 2016
Everest Re profits jump 7% in Q4

Everest Re's operating income grew to $353.5mn in the final quarter of 2015, up 6.6 percent on the same period of the previous year

Dan Ascher, 04 February 2016
XL Catlin profits fall by a third in Q4

Newly combined XL Catlin's operating net income fell to $195mn in the final quarter of 2015, down 34 percent from $293.9mn in Q4 2014

Dan Ascher, 04 February 2016
Munich Re doubles profit in Q4, but primary business struggles

Munich Re published a markedly improved set of group profits for the fourth quarter of 2015 that doubled to EUR1.4bn from the prior-year period

Charlie Thomas, 04 February 2016
Beazley to return to UK domicile

Lloyd's insurer Beazley is planning to redomicile to the UK from its current home in Ireland, and will put proposals to its board at the company AGM in March.

04 February 2016
Beazley top and bottom line up after benign year

Beazley saw its profits increase 8.4 percent in 2015, taking the total to $284mn, the Lloyd's insurer said in its full-year results this morning (4 February)

04 February 2016
JLT appoints new US construction head

JLT's expansive US subsidiary, JLT Specialty USA, has appointed Jeff Segall as construction risk leader.

Matthew Neill, 03 February 2016
Alliant acquires aviation MGA

US specialty retail broker Alliant has acquired specialist aviation managing general agency John F Throne & Co for an undisclosed sum

03 February 2016

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