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Net income down, revenue up for Willis Group in second quarter

Willis Group Holdings has reported a net income of $47 million in the second quarter of 2014 down from $105 million in the same period last year.
Jul 30, 2014


Insured damage for June storm in New Zealand estimated at NZ$30 million

The provisional cost of insured damage from the June 9-11 storm in New Zealand is NZ$30 million, pushing the tally of insured damage from severe weather events so far in 2014 to NZ$107 million, the Insurance Council of New Zealand (ICNZ)...
Jul 30, 2014


Britain to test driverless car technology in up to three cities next year

LONDON - British officials says driverless cars will be tested on roads in as many as three cities in a trial program to begin in January.
Jul 30, 2014


Intact reports net income up 109% for Q2, says commercial P&C needs 'corrective actions'

Intact Financial Corp. released Wednesday its financial results for the three months ending June 30, reporting a three-point improvement in its combined ratio in personal lines and 109% improvement in net income, while its commercial property...
Jul 30, 2014


Manitoba Tories want government to fast track flood projects

WINNIPEG - Manitoba Opposition Leader Brian Pallister is accusing the NDP government of dragging its feet on flood-prevention projects, but the government says Pallister seems unaware that preliminary work is well underway.
Jul 30, 2014


Adjuster, insured loss index provider to offer real-time info from Canadian catastrophe zones

Canadian independent adjusting firm Catastrophe Response Unit Adjusters Inc. (CRU) has partnered with an online loss index provider to offer real-time information from catastrophe zones in Canada.
Jul 29, 2014


Peace Hills General Insurance Company receives eDocs certification

Peace Hills General Insurance Company has achieved certification for its eDocs solution, the Centre for the Study of Insurance Operations announced this week.
Jul 29, 2014


Growing demand for travel, mostly in developing nations, to pose safety challenge for airlines

NEW YORK - More travellers are flying than ever before, creating a daunting challenge for airlines: keep passengers safe in an ever more crowded airspace.
Jul 29, 2014


Net operating income up in second quarter for XL Group

XL Group plc’s reports that operating net income rose to approximately US$279.6 million in Q2 of 2014 compared to about US$221.6 million in Q2 of 2013, and the company had a net loss attributable to ordinary shareholders of about US$279.3...
Jul 29, 2014


Chubb reports increase in Q2 premiums, 'unusually high' fire losses

The Chubb Corp. recently released its financial results for the three months ending June 30, reporting a 4.3% year-over-year increase in net premiums written and a 12.3% drop in underwriting income.
Jul 29, 2014


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