Canadian Underwriter

Keyword
commercial specialty

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsReinsurance

‘All regulatory approvals’ received for Fairfax-Allied World merger but deal still not complete

June 29, 2017 by Canadian Underwriter

Toronto’s Fairfax Financial Holdings Ltd. announced Thursday it now has “all regulatory approvals that are necessary” for it to merge with Swiss insurer and reinsurer Allied World Assurance Company Holdings AG but suggested fewer than 90% of Allied World shareholders

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Combined ratio down 4 points at Axis Capital

October 27, 2016 by Canadian Underwriter

Axis Capital Holdings Ltd. released Wednesday its financial results for the period ending Sept. 30, reporting a 2% overall increase in Q3 net premiums earned while underwriting income was up 46%. Pembroke, Bermuda-based Axis Capital reported net premiums earned of

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Combined ratio up 18 points for PartnerRe

August 3, 2016 by Canadian Underwriter

PartnerRe Ltd. has reported an 18-point deterioration in its combined ratio for the three months ending June 30, with the wildfire in Alberta contributing 7.5 points, or $73 million, to its loss expenses for the second quarter of this year.

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Q2 combined ratio up 5.3 points at Axis Capital

July 27, 2016 by Canadian Underwriter

Reinsurance provider and commercial specialty carrier Axis Capital Holdings Ltd. reported Tuesday its financial results for the second quarter, reporting a 76% increase in net income but a combined ratio of 102.2%, after large losses including the Alberta wildfires and

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Intact Insurance creates national team to grow commercial specialty solutions

May 30, 2016 by Canadian Underwriter

Intact Insurance announced on Monday that it has created a new national team dedicated to growing its commercial lines specialty solutions business, which will “accelerate its plans to become the Canadian leader in specialty lines and surety.” To support this

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Gross written premiums up 16% at Axis Capital

April 27, 2016 by Canadian Underwriter

Axis Capital Holdings Ltd. reported Wednesday a 91% year-over-year increase in first-quarter gross written premiums in aviation insurance and a 19.7% drop in marine premiums, while its combined ratio improved 1.8 points. Pembroke, Bermuda-based Axis Capital released its financial results