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Lancashire’s profits and premiums fall

Lancashire felt the impact of its multi-year contracts in its property, energy and marine segments again in the third quarter, with the pre-tax profit and top-line figures contracting

Charlie Thomas, 05 November 2015
Job cuts on way as Zurich Q3 profits plummet

Reserve strengthening in the US and August's Tianjin explosion combined to slash Zurich's third quarter operating profits by 79 percent year-on-year to $256mn

Charlie Thomas, 05 November 2015
EY director to succeed Croft as LMG CEO

Benedict Reid has been appointed the London Market Group (LMG)'s new chief executive, LMG board member Nicolas Aubert revealed in a keynote speech to the Xchanging London Market Conference today (5 November)

Mark Geoghegan, 05 November 2015
Top and bottom line growth at Heritage and Fed Nat

Floridians Heritage and Federated National reported another quarter of strong top- and bottom-line growth.

David Bull, 05 November 2015
Equity portfolio sends Markel to $51.1mn loss

Despite improved underwriting, Markel has revealed a $51.1mn comprehensive loss to shareholders for the third quarter, compared to a $36.5mn gain for the same period last year.

Dan Ascher, 05 November 2015
Reserve releases drive RenRe profits higher

RenaissanceRe reported an 18 percent uplift in third quarter operating profits to $116.7mn, as a 40 percent expansion in its net earned premium base following the Platinum acquisition in the first quarter outpaced rising losses and expenses.

Fiona Robertson, 05 November 2015
David Hobbs named Hilb Group president and COO

David Hobbs has been reunited with Robert Hilb, founder of The Hilb Group (THG), as president and COO of the middle market broker.

Dan Ascher, 05 November 2015
Crawford appoints Asia Pacific CEO

Loss adjusting firm Crawford & Company has appointed Andrew Bart as CEO for the Asia Pacific region.

Dan Ascher, 05 November 2015
Private equity firm closes Integro deal

Private equity firm Odyssey Investment Partners has completed its deal to buy expansive New York-based broker Integro.

Dan Ascher, 05 November 2015
Mapfre grows reinsurance premium at Q3

Spanish carrier Mapfre today (4 November) reported a 6.5 percent increase in nine-month gross written premium (GWP) at its P&C reinsurance arm, at EUR2.47bn ($3.01bn).

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