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  • North America continues to drag Willis top line
    Despite a modest earnings beat, Willis Group Holdings disappointed analysts as it reported stagnant top-line performance that was dragged down by its North America segment.
    02 August 2012
  • Charman supports Axis’ underwriting strategy – Benchimol
    The continuing presence of founding CEO John Charman on the Axis board will not be a distraction despite his ousting this summer, CEO Albert Benchimol has said
    01 August 2012
  • R&Q to launch 2013 syndicate start-up
    An 18-month hiatus in Lloyd's syndicate start-ups looks set to end on 1 January 2013 with a launch by the UK-listed insurance services firm R&Q Investment Holdings plc
    01 August 2012
  • Allstate Q2 profits beat forecasts at $423mn
    Allstate reported a second quarter profit of $423mn as it said margins continued to improve in both auto and homeowners' insurance
    01 August 2012
  • HCC beats consensus with $93.5mn net earnings
    HCC posted a combined ratio of 85 percent for the first half of 2012 amid a benign cat loss environment, beating the analysts' consensus for the firm's second quarter earnings
    01 August 2012
  • RenRe reports $20mn quake creep in Q2
    RenaissanceRe has reported $19.8mn of additional losses from last year's New Zealand and Japanese earthquakes, despite recording a healthy second quarter overall with a combined ratio of just 47.7 percent
    01 August 2012
  • Xchanging’s insurance revenues climb
    Xchanging, the UK outsourcing firm that runs the London market back office, has reported a 17.6 percent increase in its adjusted profit before tax to £14mn for the first half of 2012
    01 August 2012
  • AJ Gallagher posts strong 5.9% organic growth
    Arthur J Gallagher continued its trend of solid organic growth and expansion in the second quarter
    01 August 2012
  • Size shouldn’t matter in ‘too big to fail’ test: Geneva Association
    The criteria for designating "too big to fail" insurers recently proposed by the International Association of Insurance Supervisors (IAIS) is too focused on size and should exclusively target systemically risky non-insurance related activities, a leading insurance lobby group and think tank has argued.
    01 August 2012
  • Allied World outperforms on earnings as top line grows 25%
    Allied World Assurance Company become the latest (re)insurer to beat Wall Street earnings forecasts as it booked Q2 operating income of $87.3mn that was almost double the $44.2mn reported in the prior-year period.
    01 August 2012
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