Reinsurance
Higher Premiums Push SCOR’s Q2 Profit Higher By Double Digits
SCOR SE, France's largest reinsurer, said second-quarter profit rose 26 percent as the stronger dollar helped push up premium growth. Net income climbed to 152 million euros ($168 million) from 121 ...
AXIS Sees Q2 Income Drop, Driven by Investment Declines & Marine Losses
AXIS Capital Holdings Ltd. said its net income dropped during the 2015 second quarter versus a year ago, becoming the latest carrier adversely affected, in part, by a drop in investment income. High ...
W.R. Berkley Founder Will Pass CEO Slot to Son On Oct. 31, But Stay as Chairman
William R. Berkley is stepping down as CEO of W.R. Berkley Corp. on Oct. 31, putting into action in a long-discussed succession plan for his son, W. Robert Berkley, Jr. to replace him in the ...
W.R. Berkley’s CEO: M&A Trend Mostly Driven by ‘Management Ego’
W.R. Berkley Corp.'s outspoken chairman and CEO slammed the surge of M&A activity hitting the property/casualty industry in recent months as something driven more by "management ego" than true ...
Zurich Insurance Confirms Possible Bid For Rival RSA
Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of ...
PartnerRe, M&A Focused, Suffers Large Investment Losses in Q2
PartnerRe has enough on its plate juggling a proposed merger with AXIS Capital Holdings Ltd. and an unsolicited bid from the Italian investment firm EXOR SpA. Now there is a sizable second-quarter ...
Most Western, Middle East Insurers See Iran As Attractive Market
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
Executives On The Move at ACE, Mt. Logan Re, Aon and More
We have executive promotions and appointments to tell you about at ACE Group, Mt. Logan Re Ltd (Everest Re), DUAL, and Aon plc: *** ACE Group promoted Stephen Crabb to the newly created role of head ...