29 July 2014

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QBE profit warning on Argentine workers’ comp

29 July 2014

QBE has issued yet another profit warning as the Australian insurance group said its first half-year results would be impacted by a A$170mn reserve strengthening primarily due to increased workers' compensation claims in ArgentinaRead more


JLT posts 5% organic growth

29 July 2014

The risk and insurance division of London-listed broker Jardine Lloyd Thompson Group (JLT) has generated organic revenue growth of 5 percent in the first half of the year with strong growth in JLT's Asia and Latin American businessesRead more


Montpelier Re grows non-treaty book by 28%

29 July 2014

Bermudian cat specialist Montpelier Re has increased net written premium for its property and specialty individual risk segment by 28 percent in the second quarter to $50.4mnRead more


Aon appoints new US power head

29 July 2014

Aon Risk Solutions has announced the appointment of Mark Fishbaugh as practice leader for the broker's US power practiceRead more


XL lifts Q2 operating profit by 26%

29 July 2014

XL Group increased its Q2 operating profit by 26 percent year-on-year to $279.6mn mainly due to higher underwriting profit over the period as the carrier beat analysts' forecastsRead more


Non-cat losses impact PartnerRe’s bottom line

29 July 2014

PartnerRe has reported a second quarter operating profit of $133.5mn, slightly missing analyst forecasts as it became yet another carrier to be impacted by an above-average number of non-catastrophe lossesRead more


Noonan: Chile quake to cost market $450mn

28 July 2014

Validus CEO Ed Noonan has estimated that April's offshore Chilean earthquake has caused insured losses of $450mnRead more


AIG offshore energy head resigns

28 July 2014

AIG's global head of offshore energy, Susan Swails, has resigned from the company, according to sister publication The Insurance InsiderRead more


Hiscox H1 pre-tax profits fall by 30%

28 July 2014

Hiscox's first half profits were down by almost a third year-on-year as the Lloyd's (re)insurer's results were impacted by adverse foreign exchange movements, medium-sized energy and marine and UK flood losses as well as softening ratesRead more


Facultative decline contributes to negative growth at Aon Benfield

25 July 2014

Aon Benfield has reported a decline in revenue growth in the second quarter of 2014, driven in part by fewer facultative placements, according to global broker Aon's Q2 results published today (25 July)Read more


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