Latest specialty news and research
Munich Re’s specialty arm makes former Navigators exec property E&S head
News | by Samuel Casey | December 5, 2019
The executive will work alongside Diane Link, who joined Munich Re Specialty Insurance in April.
Argo names QBE North America’s Grange as EVP
News | by Bernard Goyder | December 2, 2019
He will report directly to the company’s interim CEO Kevin Rehnberg, in a restructuring of the North American business.
AGCS CEO Fischer Hirs ‘to depart’: report
News | by Samuel Casey | November 12, 2019
The executive has led AGCS since 2015, and worked at Allianz for over 20 years.
Guy Carpenter strengthens Bermuda operations with Aon hires
News | by Samuel Casey | November 12, 2019
Aon's Robert Johnston takes the Bermuda chairman role, with incumbent John Fletcher moving to the regional CEO post.
James River reports $40mn Q3 underwriting loss on Uber reserve charge
News | by Dan Lukpanov | November 6, 2019
James River reported a net operating loss of $0.73/sh, better than the consensus estimate of a $0.92/sh loss but down from $0.64/sh profit made in Q3:18 as prior year Uber-related losses stung.
Alleghany returns to Q3 profit as TransRe avoids cats
News | by Bernard Goyder | November 5, 2019
A benign period for cats, sustained by improved investment income and a doubling of non-insurance revenue, helped the company boost operating earnings
AFG: Raises growth guidance and cites pricing above expectations
News | by Gavin Davis | October 29, 2019
American Financial Group reported core operating earnigns of $2.25p/sh, an increase of 3% versus $2.19p/sh in the prior year period and a hefty beat to consensus at $2.01.
RLI takes a deep breath of pure oxygen
Research | by IPC Research | October 16, 2019
Last quarter in describing the market, RLI’s COO Craig Kliethermes said “disruption is oxygen in this business”. Judging on the Q3 results, the entire firm must be feeling light headed.