ZURICH recorded a strong performance in Q1 2017, with BOP, excluding Ogden1, of USD 1.2 billion, up 14% y-o-y, with positive performance across all businesses and a good investment result.

The broking and solutions company WILLIS TOWERS WATSON reported Q1 2017 revenues of USD 2.3 billion, an increase of 4% as compared to 1Q 2016, the company said in its first quarter earnings report.

French insurer AXA reported total revenues of EUR 31.6 billion for the first three months of 2017, down by 0.3% y-o-y.

Group net income for HANNOVER Re contracted to EUR 264.8 million in 1Q 2017, or by 2.35% y-o-y, notes a statement of the world's third largest reinsurer. The value of earnings per share stood at EUR 2.20, the German reinsurer said.

Insurance brokerage company AON announced its net income was down by 9% to USD 305 million in Q1 2017 compared with USD 337 million a year before.

P/C insurance is globalizing, a lot of markets consolidating as to enhance their capabilities to provide global reach, Bill SKAPOF, head of global corporate and commercial, North America, GENERALI stated to A.M. BestTV.

MUNICH Re posted a profit of EUR 557 million (vs. EUR 436 million) in 1Q 2017, and affirmed its profit guidance of EUR 2.0 - EUR 2.4 billion for the full year, as the world largest reinsurer said in its 1Q earnings report.

Swiss Re expects claims of USD 320 million from Cyclone Debbie, which hit Australia in March causing total insured losses estimated at about USD 821.3 billion.

Fitch Ratings has upgraded Groupama S.A.'s (Groupama) and its core subsidiaries' Insurer Financial Strength (IFS) ratings to 'A-' from 'BBB+'. Groupama's Inssuer Default Rating (IDR) has also been upgraded to 'BBB+' from 'BBB'. The Outlooks are Stable.

Part of NN Group's goal to be a positive force in the lives of our customers includes taking responsibility for the wellbeing of the wider society. We do this in part through NN Future Matters, NN Group's overarching Community Investment Programme. Future Matters aims to empower young people in the markets where we operate to support them in growing their economic opportunities.

The listing of the US operations would bring significant additional financial flexibility for AXA, benefiting from supportive macroeconomic conditions in the US, and create an option to further reduce AXA's exposure to financial risks while further strengthening its economic capital position.

Despite a challenging business environment and expected insurance claims from Cyclone Debbie in Australia, SWISS Re generated a solid Group net income of USD 656 million in the first quarter of 2017.

American International Group, Inc.  today announced results for the quarter ended March 31, 2017. "Our first quarter results highlight the success of the actions we have taken to execute on our strategy, strengthen our balance sheet, and improve earnings quality," said Peter D. Hancock, AIG President and Chief Executive Officer. "Operating results across our core Commercial and Consumer businesses improved and we continued to return excess capital to shareholders. Since January 1, 2016, we have returned over $18 billion of capital towards our $25 billion target. We will continue to execute our strategy and further build on our position as a leading global insurance company."

On a GAAP basis, MetLife reported first quarter 2017 net income of USD 820 million, compared to net income of USD 2.2 billion in the first quarter of 2016. On a per share basis, net income was USD 0.75, compared to net income of USD 1.98 per share in the prior-year period.

The MARSH & McLENNAN Companies (MMC) recorded Q1 2017 aggregate revenues of USD 3.50 billion, up by 5% y-o-y, the group announced.

AIG announced it has successfully completed the sale, originally announced in November 2016, of its japanese subsidiary - AIG Fuji Life to FWD Group - the insurance arm of Pacific Century Group.

German insurer ALLIANZ announced it achieved total 1Q 2017 revenues of EUR 36.2 billion. "This represents an increase of 2.5% compared to the prior-year quarter", said the insurer.

Jardine Lloyd Thompson Group plc (JLT) has made a good start to the year, although the challenging trading conditions of 2016 in many markets around the world have continued in 2017.

On May 4, 2017, the Polish Financial Supervision Authority gave green light to the PZU and PFR's intention to purchase 32.8% of Bank Pekao S.A. from the UniCredit Group, the Polish insurer announced.

Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2017 of USD 1,093 million, or USD 2.31 per share, compared with USD 439 million, or USD 0.97 per share, for the same quarter last year.  Operating income was USD 1,175 million, or USD 2.48 per share, compared with USD 1,019 million, or USD 2.26 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 87.5% for the quarter. Book value per share increased 1.7% and tangible book value per share increased 3.1% from December 31, 2016 and now stand at USD 105.35 and USD 62.52, respectively.