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Quindell share price plummets after £238mn loss
Investors in insurance services provider Quindell suffered another setback this morning (6 August) after the beleaguered firm's share price plummeted by more than 30 percent
Dan Ascher
,
06 August 2015
RSA deal could bring ‘significant benefits’: Zurich
Zurich today (6 August) dropped a strong hint that it will go ahead with a bid for RSA after releasing its second quarter results, which showed a 24 percent fall in profitability.
Himal Patel
,
06 August 2015
Aviva reports hike in underwriting profit
UK insurer Aviva today (6 August) reported an improved half-year general insurance operating profit of £421mn, boosted by a 45 percent increase in underwriting profit on the previous year
Catrin Shi
,
06 August 2015
RSA returns to underwriting profit
In-play UK insurer RSA posted its interim results this morning (6 August), revealing that it had returned to underwriting profit in the first half of 2015.
Charlie Thomas
,
06 August 2015
Munich Re targets EUR3bn full-year profit
The industry's largest reinsurer Munich Re has lifted its 2015 earnings forecast after its consolidated second quarter profit rose from EUR762mn to EUR1.1bn.
Charlie Thomas
,
06 August 2015
James River top and bottom line increases
James River reported second quarter operating profits up 13.6 percent to $12.4mn or $0.42 a share, ahead of Wall Street forecasts $0.38 a share, as it posted strong top-line growth.
David Bull
,
06 August 2015
Safety Insurance winter weather bill increases for reinsurers
Safety Insurance Group added an extra $45mn of catastrophe losses in Q2 relating to the severe 2015 winter weather that hit the US in the first quarter, increasing the bill for its reinsurers by 30 percent.
David Bull
,
06 August 2015
Heritage and Fed Nat grow top and bottom line
Floridian homeowners' insurers Heritage and Fed Nat reported top and bottom line growth in the second quarter.
David Bull
,
06 August 2015
Third Point Re profits down as underwriting deteriorates
Third Point Re reported falling net profits for the second quarter as a solid investment performance was not sufficient to offset higher underwriting losses.
David Bull
,
06 August 2015
Citizens take-outs boost HCI top line
Fast-growing Floridian HCI Group reported a combined ratio that improved from 63.7 percent to 56.9 percent for the second quarter as net earned premiums climbed 21.9 percent to $76.4mn.
Himal Patel
,
05 August 2015
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