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International

JLT shareholders back Marsh takeover

12 November 2018

JLT shareholders in London have voted overwhelmingly in favour of Marsh & McLennan’s takeover of the business…

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‘Rapidly mutating’ terror risk demands action

12 November 2018

The insurance industry has been called on to respond to a protection gap around lone-wolf assaults, cyber attacks and other emerging terrorism tactics…

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Michael leaves an $11 billion insurance bill behind

12 November 2018

Hurricane Michael is estimated to have caused at least $US15 billion of economic damage in the US, with insurance payouts to exceed $US8 billion…

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ILS issuance sets another record

12 November 2018

A record-breaking $US1.6 billion of insurance-linked securities (ILS) were issued in the third quarter…

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Zurich holds steady amid North America shake-up

12 November 2018

Gross written premium in Zurich’s property and casualty division grew slightly to $US25.87 billion in the first three quarters, from $US25.35 billion in the corresponding period last year…

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Allianz profit jumps on moderate disaster losses

12 November 2018

Allianz net profit grew 23.6% to €1.9 billion in the third quarter due to a benign period for natural catastrophes and strong performance in the asset management business…

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Munich Re stays on target

12 November 2018

Munich Re’s third-quarter profit rebounded to €483 million following a loss of €1.44 billion a year earlier, keeping the company on course to meet its full-year target despite recent natural catastrophes…

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Hannover Re ‘well on track’ for year

12 November 2018

Hannover Re has reported net income of €725 million for the nine months to September 30, up 32% on the corresponding period last year…

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Strong exchange revenue lifts Ebix profit

12 November 2018

The Australian operations of insurance technology specialist Ebix has been singled-out for further growth…

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Commercial lines underpin Axa result

12 November 2018

Axa, which completed its acquisition of Bermuda-based XL Group in September, says property and casualty revenue grew 1% to €25.4 billion in the first nine months of the year…

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Hiscox flags premium growth slowdown

12 November 2018

Bermuda-based Hiscox says growth may ease this quarter after its gross written premium increased 14.3% to $US3.04 billion in the first nine months…

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US market drives Beazley GWP

12 November 2018

An 18% surge in the US market and a jump in property rates grew Beazley’s gross written premium grow 11% to $US1.96 billion in the year to September…

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Crawford upbeat despite earnings slip

12 November 2018

Crawford & Company has posted a decline in third-quarter net income to $US7.9 million from $US11.8 million, pushed down by lower earnings…

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