Results

Investor relief on Mapfre Maria loss

Spanish (re)insurance group Mapfre has seen its under-pressure share price climb this morning after pegging its storm losses from Hurricanes Harvey, Irma and Maria at EUR176 net of reinsurance and retro recoveries.

Swiss Re estimates 3Q losses at $3.6bn

Swiss Re says the roll-call of recent catastrophe losses - including Hurricanes Harvey, Irma and Maria - will cost the group $3.6bn in net losses.

GIC Re IPO raises $1.5bn

The state-owned General Insurance Corp of India (GIC Re), has seen its initial public offering (IPO) oversubscribed but possibly not as high as the government would have wished for.

Lloyd’s S&P outlook downgraded to negative

Against a backdrop of circa $100bn in industry losses from the recent catastrophic events, S&P has revised its outlook for the market from stable to negative, while maintaining it’s A+ financial strength.

California’s deadly wildfires sweep through wine country

At least 31 people have now been killed and 400 are reported missing in the deadliest week of wildfires in California’s history.

XL estimates Q3 cat losses at $1.48bn

Bermudian underwriting group XL has said it expected its third quarter figures will be impacted by $1.3 billion in net losses from the recent Hurricanes Harvey, Irma and Maria.

Bermuda facing $25bn HIM losses

Bermuda’s (re)insurers are set to face claims of $25 billion from hurricanes Harvey, Irma and Maria (HIM), according to the Association of Bermuda Insurers & Reinsurers (ABIR).

AIG declares heavy $3bn Q3 cat loss bill

American International Group (AIG) warned yesterday evening (9 October) that the third quarter could amount to its largest ever catastrophe loss following the recent trio of deadly hurricanes Harvey, Irma and Maria, together with the Mexican earthquakes.

Scor predicts $95bn market cost of recent cats

French reinsurance group Scor has predicted this morning (9 October) that the market is facing $95bn in losses from the combined losses caused by hurricanes Harvey Irma & Maria and the Mexican earthquakes.

Hannover Re issues profit warning after cat losses start to bite

Analysts say they will be monitoring the share price of German reinsurer Hannover Re today after it released a statement to say it could fail to hit its promised profits for the calendar year.

Talanx warns on 2017 profits following H2 cat losses

Talanx, the largest shareholder in Hannover Re and Germany’s third-largest insurance group by premium income, said it may miss its 2017 profits target following the roll call of heavy cat events in the second half of this year experienced by Hannover Re.

“Simplified” R&Q in bullish 2017 trading statement

R&Q’s share price may be given a fillip when trading on the London Stock Exchange opens later this morning following a notably upbeat trading statement that gives a strong hint that 2017 full year expectations will be surpassed.

Swiss Re highlights underwriting discipline as H1 profits fall

Swiss Re CEO Christian Mumenthaler says the reinsurance powerhouse is confident about the long-term despite a fall in half year profits today (4 August).

Swiss Re highlights underwriting discipline as H1 profits fall

Swiss Re CEO Christian Mumenthaler says the reinsurance powerhouse is confident about the long-term despite a fall in half year profits today (4 August).

Momentum building says WTW CEO as results remain static

Willis Towers Watson CEO John Haley (pic) said the firm was building momentum as it delivered a flat level of revenues in the second quarter of the year.

AIG please analysts and investors with second quarter earnings

American International Group posted above expected results for the second quarter of the year, and saw its stock rise by 2.4% in the after-hours trade on Wednesday following the results announcement.

AIG please analysts and investors with second quarter earnings

American International Group posted above expected results for the second quarter of the year, and saw its stock rise by 2.4% in the after-hours trade on Wednesday following the results announcement.

Momentum building says WTW CEO as results remain static

Willis Towers Watson CEO John Haley said the firm was building momentum as it delivered a flat level of revenues in the second quarter of the year.

Interims see positive news for Scor

Scor chairman and CEO Denis Kessler hailed the firm’s performance as it posted a 10% growth in gross written premiums for the second quarter of the year.

Novae CEO tells shareholders to look to dividend of Axis deal

Novae Group plc CEO Matthew Fosh has said the company’s interims need to be taken in context as they posted a £14 million pre-tax loss for the first half of the year.

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Results

Investor relief on Mapfre Maria loss

Swiss Re estimates 3Q losses at $3.6bn

GIC Re IPO raises $1.5bn

Lloyd’s S&P outlook downgraded to negative

California’s deadly wildfires sweep through wine country

XL estimates Q3 cat losses at $1.48bn

Bermuda facing $25bn HIM losses

AIG declares heavy $3bn Q3 cat loss bill

Scor predicts $95bn market cost of recent cats

Hannover Re issues profit warning after cat losses start to bite

Talanx warns on 2017 profits following H2 cat losses

“Simplified” R&Q in bullish 2017 trading statement

Swiss Re highlights underwriting discipline as H1 profits fall

Swiss Re highlights underwriting discipline as H1 profits fall

Momentum building says WTW CEO as results remain static

AIG please analysts and investors with second quarter earnings

AIG please analysts and investors with second quarter earnings

Momentum building says WTW CEO as results remain static

Interims see positive news for Scor

Novae CEO tells shareholders to look to dividend of Axis deal