Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2018 of USD 1,082 million, or USD 2.30 per share, compared with USD 1,093 million, or USD 2.31 per share, for the same quarter last year. Core operating income was USD 1,097 million, or USD 2.34 per share, compared with USD 1,175 million, or USD 2.48 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 90.1%. Book value and tangible book value per share decreased 0.2% and 0.3%, respectively, from December 31, 2017 and now stand at USD 110.10 and USD 65.65, respectively. Book value and tangible book value per share growth was negatively impacted by realized and unrealized losses of USD 938 million, after-tax, in the company's investment portfolio, driven by rising interest rates. Foreign currency movement favorably impacted book value by USD 310 million after-tax and tangible book value by USD 136 million after-tax.

French reinsurer SCOR has reported a strong start to 2018, with significant growth rates in GWP and net income during the first three months.

Reinsurer MUNICH Re announced The Annual General Meeting approved an unchanged dividend of EUR 8.60 per share to be paid out for the 2017 financial year. The overall dividend payout amounts to EUR 1.3 billion.

MetLife announced that Susan GREENWELL has been named Head of Global Government Relations.

AON Iberia, part of global professional services firm AON has announced that it has acquired the Spanish firm INSPIRING BENEFITS.

MUNICH Re projects a consolidated result of over EUR 800 million for 1Q2018, subject to the outcome of the ongoing closing activities for the Q1 consolidated financial statements. The main reason for this good result is low major-loss expenditure in reinsurance.

SOMPO International Holdings Ltd. (SI) announced on April 23 that it has received the regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary, SI Insurance (Europe), SA (SIIE), which will become operational later in 2018.

American International Group (AIG) announced the authorization of new insurance companies in the United Kingdom (UK) and Luxembourg "that will see all business transferred to the new entities ahead of the UK leaving the European Union (EU)".

Assicurazioni GENERALI said it has entered into a binding agreement with ATHORA Holding to sell its entire stake in GENERALI Belgium, an insurance company primarily focused on the life segment.

VIG Re reported for 2017, on consolidated basis, GWP of EUR 459.9 million, up by 10.2% y-o-y. Premium growth was driven by the Property & Casualty segment which grew by 13.0% to EUR 422.4 million. Main markets which account for growth were CEE and DACH.

Vienna Insurance Group (VIG) has published its Group Annual Report for the financial year 2017, confirming the preliminary figures published earlier. At the same time, VIG is also making its first sustainability report available online. Both documents are available on the Group's web page.

Starting 1 April 2018, VIG Re has realigned its organizational structure and management responsibilities to drive operational efficiencies and secure its cost leadership.

American International Group (AIG) announced that Anthony VIDOVICH will join the company as Chief Claims Officer, General Insurance, effective May 14, 2018.

Assicurazioni GENERALI announced the closing of the sale of its operations both in Panama and Colombia. The operations in Panama were sold to ASSA Compania de Seguros S.A. while the business in Colombia was sold to TALANX Group.

The Supervisory Board of NN Group N.V. intends to reappoint Delfin RUEDA as member of the Executive Board and to designate him as Chief Financial Officer (CFO) of NN Group N.V. and vice-chair of the Executive Board for a term of four years.

The Dutch insurer AEGON announced it has successfully completed the sale of its Dublin-based unit (AEGON Ireland plc) to ATHORA Holding Ltd. (ex AGER Bermuda Holding Ltd.). The net proceeds of the transaction are expected to amount to approx. EUR 195 million.

Currently group CEO of AXA UK and Ireland, Amanda BLANC will also join the executive committee at ZURICH, with the handover scheduled to complete in the fourth quarter of 2018. BLANC is to succeed Gary SHAUGHNESSY as CEO of ZURICH Insurance's EMEA business.

ZURICH Insurance Group announced that it will launch its public share buy-back program of up to 1.74 million shares on April 11, 2018. All required regulatory approvals have been obtained.

Today Willis Re, one of the world's leading reinsurance brokers launched its newly licensed operation in Indonesia.

Chubb Limited (NYSE: CB) today announced preliminary net loss estimates in the first quarter of 2018 attributable to natural catastrophes, including the California mudslides, of USD 380 million pre-tax, or USD 305 million after tax.