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Mapfre posts solid H1 as Spanish recovery boosts bottom line
Spanish headquartered global insurer Mapfre saw its H1 non-life gross written premium grow 8 percent year-on-year on a constant currency basis, following a continued strong performance in Latin America and a return to growth in its home market.
24 July 2014
Brindle sells Lancashire shares; non-compete runs to 1.1
Lancashire's founding CEO Richard Brindle has sold out of the company completely and will be free to return to the market as soon as 2 January 2015, Lancashire told The Insurance Insider
24 July 2014
Air Algerie hull loss would be only $4mn
Aspen is thought to lead the hull policy for the Air Algerie flight AH5017, which crashed in Mali earlier today (24 July).
24 July 2014
MGAA members write £3.3bn in premium
Members of the Managing General Agents' Association (MGAA) now represent around two-thirds of premium written by the MGA market, according to the trade body.
24 July 2014
Lancashire Q2 profits fall as pricing pressure bites
Lancashire Holdings Ltd published its second quarter results today (24 July), revealing a fall in profits year-on-year and a drop in earnings per share.
24 July 2014
Everest Re grows reinsurance book by 16%, misses on earnings
Everest Re provided tangible evidence of its expansive strategy at recent renewals after reporting a 16 percent increase in worldwide reinsurance premiums in Q2, including those written by its managed Mt Logan Re business.
24 July 2014
Aspen operating profits per share more than double
Aspen Insurance Holdings said it is on target to match or exceed its 10 percent operating return on equity target in 2014, as its operating profits per share more than doubled from $0.63 in Q2 2013 to $1.40
24 July 2014
Early reporters lead to lower expectations for P&C stocks: Bernstein
Although the insurance industry is just a week into the US P&C earnings season, the reaction of the stock market to some of the first batch of reporting companies has led one industry analyst to lower his expectations for the sector.
24 July 2014
Allied World cuts reinsurance book by 19% in Q2
Allied World Assurance Company reported a broadly flat top line for the second quarter that included strong growth in US and international insurance, offset by a decrease in its reinsurance business.
24 July 2014
TransAsia Airways cover led by AIG
The aviation policy covering a TransAsia Airways plane that crashed in bad weather on approach to Magong airport in Taiwan is led by AIG on a policy placed by JLT, The Insurance Insider understands.
23 July 2014
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