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There are 68,963 results that match your search.68,963 results

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Fairfax profits surge on underwriting profits and investments

Canadian combine Fairfax Financial Holdings turned a net profit of $275.4mn for the second quarter, compared to just $27.6mn in the prior-year period, as it returned to underwriting profit in its (re)insurance operations and booked strong investment gains

31 July 2009
Strong organic growth and acquisitions fuel solid H1 for JLT

Jardine Lloyd Thompson (JLT) impressed analysts with strong half-year figures, posting a 16 percent increase in turnover to £309.7mn, fuelled by organic growth that averaged 5 percent across divisions.

31 July 2009
Gallagher's energy expansion continues with Calgary launch

Gallagher's Global Energy initiative took another decisive step this week with news that the firm has opened a Calgary office, The Insurance Insider can reveal.

31 July 2009
Validus Q2 net income soars 81%; Ward promoted

Validus Holdings saw net income climb by $61.6mn or 81.2 percent year-on-year to $136mn for the second quarter, as it benefited from strong net unrealised investment gains.

30 July 2009
Brit points to underlying growth despite FX drag; again reassures on sub-prime

Brit Insurance Holdings said it was enjoying organic growth in its three main trading divisions while again reassuring investors on the development of its sub-prime/financial liability exposures.

30 July 2009
Willis held back by sluggish US division

Despite the Willis Group more than doubling second quarter net income from $39mn to $87mn, the sluggish performance of the firm's North American business highlighted the difficult conditions faced by brokers in the US insurance market.

30 July 2009
RIMS 'concerned' at Illinois decision to allow contingent commissions

The Risk and Insurance Management Society (RIMS) has expressed "disappointment" and "concern" at the decision to allow broker AJ Gallagher to begin accepting contingent commissions again.

30 July 2009
Soft market and recession hit Aon and Willis organic growth

Aon and Willis reported flat and 1 percent organic revenue growth respectively in their core business for the second quarter, as a lingering soft market and difficult economic conditions combined to produce a challenging climate for the broking giants.

30 July 2009
Hannover's Eurus II cat bond takes 2009 ILS issuance to $1.8bn

Hannover Re's latest catastrophe bond, Eurus II, closed yesterday (29 July), providing the reinsurer with EUR150mn of European windstorm cover and taking overall 2009 cat bond issuance to $1.8bn.

30 July 2009
Law Lords rule in favour of reinsurers in historic 'follow the settlement' case

The House of Lords ruled that London-based facultative reinsurers Wasa International Insurance Company (Wasa) and AGF Insurance Ltd are not obliged to follow a settlement made in a US court.

30 July 2009

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