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MPs lambast UK government over mesothelioma review
A Justice Committee report into the handling of a mesothelioma claims review has condemned the UK government's approach, labelling it "maladroit" and "not open".
01 August 2014
Chaucer and US commercial lines drive The Hanover to earnings beat
The Hanover Insurance Group has reported second quarter operating profits of $58.4mn, or $1.30 a share, surpassing the $46.8mn, or $1.05 a share, reported in Q2 2013 and beating analysts' consensus estimates of $1.23 a share.
01 August 2014
Arch beats on earnings and reports strong top line growth
Arch Capital Group comfortably beat Wall Street earnings forecasts for the second quarter as it reported strong top line growth and a modest improvement in its combined ratio.
01 August 2014
RenaissanceRe shares trade off on earnings miss and stock downgrade
RenaissanceRe shares continued to trade down today after Tuesday's (29 July) earnings miss and an overnight downgrade to sell by Bernstein analyst Josh Stirling.
01 August 2014
US commercial P&C market now softening: CIAB
The run of rate-on-rate increases for US commercial P&C insurance came to an end in the second quarter of 2014, with average prices down 0.5 percent, according to the latest survey from The Council of Insurance Agents & Brokers (CIAB).
31 July 2014
AIG duo joins Allied World professional liability team
The European branch of Allied World has lured two former American International Group (AIG) vice presidents to its professional liability team, the carrier announced today (31 July).
31 July 2014
Xchanging operating margins up as top line shrinks
Listed outsourcing company Xchanging has reported an increase in operating profits and a fall in net revenue at its insurance services division for the first half of 2014.
31 July 2014
Equity Red Star turns first profit in five years
Lloyd's motor insurer Equity Red Star, which rebranded to ERS earlier this year, has turned its first profit in five years, the company announced today (31 July).
31 July 2014
Generali bests analysts’ expectations
Italian insurance giant Generali increased operating profits by 9.5 percent to EUR2.51bn in the first half of 2014, exceeding analysts' consensus forecasts by 4 percent.
31 July 2014
Scor H1 net income up 35%
Global reinsurer Scor has revealed a net income increase of 35 percent, posting EUR256mn for H1 2014, as it benefited from 2014's low loss environment.
31 July 2014
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