25 May 2016

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Allianz P&C operating profits up 12%

11 May 2016

Allianz's property and casualty (P&C) division reported a 12 percent growth in operating profits, to EUR1.4bn in the first quarter of 2016, driven by lower natural catastrophe claims and restructuring expensesRead more


Hannover Re’s Q1 P&C income up 19%

10 May 2016

Hannover Re's property and casualty (P&C) reinsurance division reported an increase in net income of 19.2 percent, to EUR204.3mn, in the first quarter of 2016Read more


Munich Re P&C reinsurance down 29% in Q1

10 May 2016

Munich Re's property-casualty (P&C) reinsurance division reported a 28.9 percent fall in profitability for the first quarter of 2016, to EUR425mn, driven by a "significant decline in the investment result"Read more


Gen Re reports Q1 underwriting gain despite falling top line

9 May 2016

Berkshire Hathaway-owned General Re (Gen Re) turned around its underwriting performance in the first quarter of 2016, with a pre-tax gain of $42mn, compared with a $47mn loss in the prior-year periodRead more


TMK launches Asia-Pacific general aviation consortium

9 May 2016

Tokio Marine Kiln (TMK) has launched a general aviation (GA) consortium via on the Lloyd's Asia platform in Singapore, backed by Argo, Antares and Allied WorldRead more


CSC completes Xchanging acquisition

9 May 2016

US-headquartered technology firm CSC has completed the acquisition of insurance services and software provider XchangingRead more


News digest

9 May 2016

Organic revenues in the legacy Willis Capital, Wholesale and Reinsurance (WCWR) segment at Willis Towers Watson declined 3 percent in the first quarter to $331mn, primarily due to the departure of Willis's fine art, jewellery and specie teamRead more


Weather derivatives hit Swiss Re Q1

9 May 2016

Swiss Re Corporate Solutions (SRCS) saw net income more than halve during the first quarter of 2016, partly due to losses from weather derivative products offered to clientsRead more


Reinsurance earnings down: Willis Re

9 May 2016

Last year a continued benign period for natural catastrophe losses reined in deterioration of combined ratios, but was offset by significant downward pressure on reinsurers' underlying profitability, according to Willis ReRead more


Chubb offers additional energy capacity

9 May 2016

Willis Towers Watson has teamed up with Chubb to release a new tailored insurance product for companies servicing the global oil and gas industryRead more


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