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International

Lloyd’s recruits Allianz, QBE execs for key roles

11 February 2019

Lloyd’s has appointed Allianz executive Burkhard Keese as CFO and has named former QBE North America head David Duclos to an advisory role supporting international development…

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Lower cat bill drives Munich Re earnings

11 February 2019

Munich Re made a net profit of €2.3 billion last year, up from €392 million in 2017 when earnings were squeezed by record hurricane losses…

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‘Elevated’ cat losses hit Chubb earnings

11 February 2019

Chubb posted a 77% drop in fourth-quarter net income to $US355 million as the California wildfires and other catastrophes took a toll…

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P&C lifts Zurich performance

11 February 2019

Zurich’s operating profit gained 20% to $US4.6 billion last year on improved underwriting performance in property and casualty…

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WR Berkley forecasts rate gains after tough quarter

11 February 2019

US insurer WR Berkley recorded a weaker fourth quarter amid catastrophes and “turbulent” securities markets, but says an improvement in rates is likely to continue…

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Broking a strong point as WTW income dips

11 February 2019

Willis Towers Watson’s net income dropped sharply in the fourth quarter of last year, to $US174 million from $US253 million in the corresponding period of 2017…

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Talanx exceeds profit forecast

11 February 2019

German insurer Talanx recorded net income of €703 million last year, €3 million more than its forecast in October…

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Beazley hails rate momentum after profit slump

11 February 2019

Beazley’s pre-tax profit fell by more than half to £76.4 million last year, squeezed by storm and wildfire claims and a decline in investment returns…

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Disasters push Aspen to another loss

11 February 2019

Californian wildfires, Hurricane Michael and Typhoon Jebi hit Bermuda-based Aspen’s final annual result before its acquisition by Apollo Global Management…

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