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Short-tail carriers shrink in Q2
Our four-page analysis highlights the tough trading conditions for cat (re)insurers in 2014...
05 August 2014
P&C sector sell-off on poor Q2s and outlook
P&C stocks ended July in a sea of red as investors look to be losing appetite for a sector that has delivered disappointing Q2 results and is being buffeted by headwinds on all sides
05 August 2014
Lockton to expand global energy practice
Insurance broker Lockton is set to add three energy risk managers to its global energy practice
05 August 2014
Novae H1 profits and combined ratio improve
Lloyd's (re)insurer Novae reported a solid set of interim results this morning (5 August), delivering a strong boost to the bottom line, its combined ratio and an increased dividend.
05 August 2014
Argo profits up on higher reserve releases and lower cats
Argo Group generated second quarter operating profits of $23.8mn, or $0.89 a share, that were up from $20.7mn, or $0.74 a share in the prior-year period.
05 August 2014
Alleghany profits on improved insurance and reinsurance underwriting result
Improved second quarter underwriting profits in its insurance and reinsurance businesses helped Alleghany on its way to operating profits that grew from $6.09 a share in the prior-year period to $7.46 a share.
05 August 2014
Endurance beats on strong top and bottom line growth
Endurance Specialty reported strong top and bottom line growth as it continued to demonstrate the impact of reshaping its book of business and shrugged off expenses relating to its attempt to buy rival Bermudian Aspen.
05 August 2014
AIG beats on improving P&C business
American International Group (AIG) reported second quarter operating earnings that climbed from $1.7bn to $1.8bn aided by improved profitability in its P&C business.
05 August 2014
Beach & Associates Australia unit in MBO
The Australian arm of boutique reinsurance broker Beach & Associates has been sold in a management buy-out and will now trade in a strategic partnership with the Australian insurance group Steadfast Insurance Brokers.
04 August 2014
Abu Dhabi wealth fund to buy in to Ariel
An Abu Dhabi-based sovereign wealth fund is providing financial support to BTG Pactual's takeover of Lloyd's carrier Ariel Re, the Brazilian investment bank has said.
04 August 2014
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