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Aon plc net income up to US$769 million in Q2 2017 from US$300 million in Q2 2016

August 8, 2017 by Canadian Underwriter

Aon plc has reported a net income attributable to shareholders of US$769 million for the three months ending June 30, a drastic increase from US$300 million in the prior-year period. Total revenue increased 4% to US$2.4 billion from US$2.3 billion

News InsuranceMarkets / CoveragesMergers and AqcuisitionsReinsuranceTechnology

Global insurance M&A hits two-year low: Clyde and Co report

August 4, 2017 by Canadian Underwriter

The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry continued its downward trend, with 170 deals in the first six months of 2017 compared to 186 in the preceding period, according to a new report from

News Earnings / RatingsInsuranceMarkets / CoveragesMergers and Aqcuisitions

U.S./Canada division of Marsh sees revenues increase to US$850 million in Q2 2017 from US$804 million in Q2 2016

July 28, 2017 by Canadian Underwriter

Revenue for the United States and Canada division of Marsh increased to US$850 million in the second quarter of 2017 from US$804 million in the same quarter last year, Marsh & McLennan Companies (MMC) reported on Thursday. MMC, whose companies

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Worldwide 3D printer revenue up by more than 18% year-over-year in 2016, report says

June 21, 2017 by Canadian Underwriter

3D printer shipments increased 29%, while revenue grew by more than 18% year-over-year in 2016, according to a new report from Framingham, Mass.-based International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Revenues for Marsh’s U.S./Canada division up to US$775 million in Q1 2017, from US$701 million in Q1 2016

May 1, 2017 by Canadian Underwriter

Marsh has reported revenues of US$775 million for its U.S./Canada division for the first quarter of 2017 ending March 31, up from US$701 million in the first quarter of 2016. Consolidated revenue for the quarter was US$3.5 billion, up 5%