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Arthur J. Gallagher reports brokerage revenues of US$998.1 million for Q2 2017

July 31, 2017 by Canadian Underwriter

Arthur J. Gallagher & Co. (AJG) has reported Brokerage revenues of US$998.1 million for the second quarter of 2017, up from US$997 million in the same quarter last year. Net earnings for the Brokerage segment for the quarter ending June

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Arthur J. Gallagher reports brokerage revenues of US$878.5 million for Q1 2017

May 1, 2017 by Canadian Underwriter

Arthur J. Gallagher & Co. (AJG) has reported brokerage revenues of US$878.5 million for the first quarter of 2017 ending March 31, up 6% from US$825.5 million in the first quarter of 2016. Rolling Meadows, Ill.-based AJG reported its financial

News CatastrophesInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Swiss Re losses from Cyclone Debbie currently estimated at US$350 million

April 13, 2017 by Canadian Underwriter

Swiss Re currently estimates its claims burden from tropical cyclone Debbie in Australia at about US$350 million, net of retrocession and before tax, while the total insured market losses associated with the event is estimated at around US$1.3 billion. The

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Network attacks hit a third of executive mobile devices in second quarter of 2016: Skycure

September 27, 2016 by Canadian Underwriter

Just shy of a third of executive mobile devices were exposed to network attack during the second quarter of 2016 and almost as high a percentage were infected with malware, leaving valuable, sensitive data vulnerable to cyber criminals, notes a

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Social media the most dangerous medium for individual, corporate public image, new Canadian poll finds

August 31, 2016 by Canadian Underwriter

Social media is the medium most able to cause damage to the public image of an individual or organization, according to the results of a new Nanos Research poll. Toronto-based Signal Leadership Communication Inc. (SLC), a social PR consultancy for

News Earnings / RatingsInsuranceMergers and Aqcuisitions

P&C combined ratio improves one point to 97.4% for CNA Financial, net income at US$209 million for Q2 2016

August 2, 2016 by Canadian Underwriter

CNA Financial Corporation has announced a one point improvement in its P&C combined ratio for the second quarter of 2016 ending June 30, from 98.4% last year to 97.4% in the most recent quarter. For the first six months of

News Earnings / RatingsInsuranceMergers and Aqcuisitions

AIG reports after-tax operating income of US$773 million in Q1 2016

May 3, 2016 by Canadian Underwriter

American International Group, Inc. (AIG) has reported a slight decrease in its Property Casualty combined ratio in the first quarter of 2016, down from 97.1% in Q1 2015 to 96.9% in the latest quarter. AIG released its financial results on