News - Re/Insurance groups
GENERALI to sell Guernsey-based GENERALI Worldwide and Irish-based GENERALI Link
GENERALI has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in GENERALI Worldwide Insurance Company Limited and GENERALI Link.
6 August 2018Global natural disaster losses hit USD 45 billion in H1 2018
Global insurance and reinsurance broker AON reported that natural disaster losses in the first-half of 2018 totalled USD 45 billion, of which only USD 21 billion covered by re/insurance.
6 August 2018JLT expands its European Cyber Practice with four new members
The insurance broker JLT Specialty (JLT) announced it has appointed four new members to its European Cyber practice based in London and Stockholm.
6 August 2018The U.S. tax reform impacted the H1 SCOR's profit with EUR 62 million
The French re/insurer SCOR reported net income of EUR 262 million for the first-half of the year, which includes a EUR 62 million (USD 75 million) impact from the U.S. tax reform.
6 August 2018S&P's upgrades Sava Re's rating to "A" (with a Stable Outlook)
Following their regular annual review in July 2018, Standard & Poor's raised the financial strength rating of Sava Re, d.d., to "A" (excellent), with the medium-term outlook being stable.
6 August 2018AON's Q2 net income decreased by 93% y-o-y to USD 58 million
The risk and insurance brokerage services provider AON reported a net income of USD 58 million for Q2 2018, compared to USD 778 million, for the prior year quarter, while total revenue increased by 10% to USD 2.56 billion during Q2 2017 (USD 2.33 billion).
6 August 2018MMC second quarter revenue increased by 7% y-o-y
The MARSH & McLENNAN Companies (MMC) reported Q2 2018 consolidated revenues of USD 3.73 billion (vs. USD 3.49 billion), up by 7% compared with the second quarter of 2017.
6 August 2018AXA enters into exclusivity for the potential disposal of its European Variable Annuities carrier, with expected total cash proceeds of Euro 1.2 billion
AXA announced today that it has received an irrevocable offer from CINVEN for the potential sale of AXA Life Europe ("ALE"), a specialized platform which designed, manufactured and distributed AXA's Variable Annuity products across Europe.
6 August 2018MARSH completes the acquisition of WORTHAM Insurance
The global insurance broker MARSH said that it has completed its previously announced acquisition of Houston, Texas-based WORTHAM Insurance.
6 August 2018Swiss Re reported H1 net income of USD 1 billion
Reinsurer Swiss Re has reported net income of USD 1 billion for the first-half of 2018, driven by improved underwriting results in P&C and premium growth.
6 August 2018AXA's first half revenues up by 3% y-o-y, to EUR 53.6 billion
AXA's underlying earnings increased by 9% to EUR 3.3 billion during 1H2018 (underlying earnings per share up 6% to EUR 1.33), while total revenues grew by 3% to EUR 53.6 billion, as the French insurer announced in a press release.
6 August 2018GENERALI announces new Group organizational structure and appoints General Manager
The Board of Directors of Italian insurer Assicurazioni GENERALI, has approved a proposal from it's CEO Philippe DONNET, for the new Group organizational structure - effective September 1, 2018, which includes the creation of a new General Manager position.
6 August 2018CROATIA osiguranje Group's GWP exceeded HRK 2 billion at the end of June
CROATIA osiguranje has kept its leading position in Croatia's insurance market with a total share of 31.9%, as the company's shareholder - the Rovinj based consortium ADRIS Grupa announced in a statement. "It is the market leader in both property and life insurance".
6 August 2018FAIRFAX Second Quarter Financial Results
4 August 2018METLIFE ANNOUNCES SECOND QUARTER 2018 RESULTS
4 August 2018AIG Reports Second Quarter 2018 Results
4 August 2018AVIVA 2018 interim results announcement
4 August 2018Willis Towers Watson Reports Second Quarter 2018 Earnings
4 August 2018Chubb Reports Second Quarter Net Income Per Share of USD 2.76
30 July 2018Chubb's Brexit preparations move forward
30 July 2018
