profit News
Cyber Insurance Is Quite Profitable at the Moment: PwC
Most carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a new global survey of specialist ...
Hannover Re Soars Toward a Possible $1B Profit for 2016
German reinsurer Hannover Re could make a net profit of 1 billion euros ($1.1 billion) this year while the dividend payout is likely to be in line with last year, the firm's chief financial officer ...
Beazley CEO Cautions Robust 2015 Profit Levels Are Not Sustainable
Beazley Plc Chief Executive Officer Andrew Horton said the company's return on equity of 19 percent in 2015 isn't sustainable against a backdrop of increased competition and falling insurance rates. ...
Lloyd’s Chairman Nelson Faults Businesses for Too Much Focus on Profit
Lloyd's of London Chairman John Nelson criticized the business community, saying companies are too focused on profit and are at risk of eroding the trust of the public and regulators. Nelson, ...