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Allianz reports third-quarter revenues up 2.1% to 28.3 billion euros in Q3 2017

November 10, 2017 by Canadian Underwriter

Allianz Group has reported total third-quarter revenues of 28.3 billion euros, up 2.1% from 27.7 billion euros in the prior-year quarter. Allianz, which offers insurance and fund products to over 86 million customers in more than 70 countries, reported a

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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

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Manitoba Public Insurance requests 2.7% overall rate increase for 2018/19 insurance year

June 19, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) has announced that it has requested a 2.7% overall rate increase for the 2018/19 insurance year. MPI requested the rate increase for the 2018/19 insurance year in its general rate application filed with the Public Utilities

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Allianz total revenues up 2.5% to 36.2 billion euros in Q1 2017

May 12, 2017 by Canadian Underwriter

Allianz Group has recorded total revenues of 36.2 billion euros in the first quarter of 2017, up 2.5% from 35.4 billion euros in the same quarter last year. All segments contributed to the increase, Allianz said in a press release

News CatastrophesEarnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Q1 revenues up 5% at Aon

May 9, 2017 by Canadian Underwriter

Aon plc reported Tuesday its commercial risk solutions revenue of $984 million in the three months ending March 31, up 2% from $961 million during the same period in 2016, while net income, company wide, dropped 9% due in part

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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

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Worldwide spending on security technology expected to reach US$81.7 billion in 2017: International Data Corporation

March 31, 2017 by Canadian Underwriter

Worldwide spending on security technology is forecast to reach US$81.7 billion this year, according to a recently released guide from International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information technology, telecommunications and

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Worldwide spending on 3D printing to reach US$29 billion in 2020: International Data Corporation

January 12, 2017 by Canadian Underwriter

Worldwide purchases of 3D printers, materials, software, and related services are expected to experience a five-year compound annual growth rate (CAGR) of 22.3%, with revenues reaching US$28.9 billion in 2020, according to the International Data Corporation (IDC). Earlier this week,

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Revenues for Willis Towers Watson up 2% in third quarter of 2016

November 8, 2016 by Canadian Underwriter

Global advisory, broking and solutions company Willis Towers Watson (WTW) has announced its financial results for the third quarter of 2016 ending Sept. 30, reporting total revenues of US$1.78 billion, an increase of 2% (5% constant currency increase, 1% organic

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Global IT spending forecast to reach US$2.7 trillion in 2020, led by financial services, manufacturing and healthcare

August 29, 2016 by Canadian Underwriter

Worldwide revenues for information technology products and services will grow from nearly US$2.4 trillion in 2016 to more than US$2.7 trillion in 2020, according to the International Data Corporation (IDC). A newly published update to the Worldwide Semiannual IT Spending

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Global spending on 3D printing expected to surpass US$35 billion in 2020: International Data Corporation

August 12, 2016 by Canadian Underwriter

Global revenues for the 3D printing market are expected to reach US$35.4 billion in 2020, over twice the US$15.9 billion forecast for this year, according to a recent update to International Data Corporation’s (IDC) Worldwide Semiannual 3D Printing Spending Guide.

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Worldwide revenues from public cloud services expected to reach US$195 billion in 2020 – more than double 2016 amount

August 12, 2016 by Canadian Underwriter

One day after a report suggested the global cybersecurity market is set to grow to US$202 billion by 2021, International Data Corporation (IDC) said that worldwide revenues from public cloud services are expected to reach more than US$195 billion in