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  • London-listed insurance broker Jardine Lloyd Thompson (JLT) said its financial performance during the third quarter was in line with its own expectations, with organic revenues growing at a similar pace to the first half of the year
  • RSA, the UK's biggest commercial insurer, warned on Tuesday (5 November) that bigger-than-expected weather-related claims in Europe and Canada would weigh on its underwriting profit, pressuring shareholder returns.
  • Hannover Re, the world's third-biggest reinsurer, reported a bigger-than-expected drop in its third quarter earnings, weighed by higher catastrophe claims, but said it was still on track to achieve its financial targets for the full year.
  • Alleghany Corp reported higher investment income driven by equity gains that helped partially offset a weaker underwriting performance at its reinsurance unit TransRe.
  • Argo Group International Holding reported a strong earnings beat for the third quarter as it achieved a dramatic improvement in its underwriting performance.
  • The revised strategy at Endurance under new chairman and CEO John Charman was clear to see in its third quarter results as the Bermudian's reinsurance top line was slashed 41.6 percent from the prior-year period.
  • Moody's has downgraded its rating on Cooper Gay Swett & Crawford (CGSC) from B2 to B3 because of "challenges" the broker faces in its international operations that are leading to a fall in projected revenues and earnings.
  • Singapore is a city built on trade, so it is entirely appropriate that it finds itself as one of the P&C industry's acknowledged global (re)insurance hubs.
  • The St Jude's Day storm that wreaked havoc across the UK and northern Europe last week will cost insurers between EUR800mn and EUR1.3bn ($1.1bn-$1.8bn), according to reinsurance broker Willis Re
  • Demand for catastrophe reinsurance from Asia Pacific countries is failing to keep pace with the region's buoyant economic growth because existing products don't meet buyers' requirements, reinsurance broker Guy Carpenter said today (4 November).