Keyword
GWP
P&C gross written premiums for Zurich down 2% to US$25.3 billion in 9M 2017
November 10, 2017 by Canadian UnderwriterProperty & Casualty gross written premiums (GWP) for the nine months ending Sept. 30 declined 2% in U.S. dollars to US$25.3 billion from US$25.7 billion, Zurich Insurance Group reported on Thursday. In particular, P&C GWP in North America for 9M…
Aspen reports net loss after tax of US$253.8 million for Q3
October 31, 2017 by Canadian UnderwriterHamilton, Bermuda-based Aspen Insurance Holdings Limited has reported a net loss after tax of US$253.8 million for the third quarter of 2017 compared to net income of US$95.6 million in the same quarter last year. “The third quarter was characterized…
P&C reinsurance gross written premiums for half-year up 17.3% to 5.4 billion euros for Hannover Re
August 10, 2017 by Canadian UnderwriterHannover Re has reported a 17.3% increase in property and casualty reinsurance gross written premiums (GWP) for the first half of the year to 5.4 billion euros from 4.6 billion euros in H1 2016. “The main driver was once again…
Economical reports 12.8% increase in gross written premiums in Q2 2017, 8.3 point increase in combined ratio to 112.8%
August 4, 2017 by Canadian UnderwriterEconomical Insurance reported a 12.8% increase in gross written premiums (GWP) in the second quarter of 2017 to $660.6 million, driven by strong personal lines growth, including contributions from Sonnet and Petline. “While we generated significant growth in gross written…
Aspen reports net income of US$76.8 million for Q2 2017
July 27, 2017 by Canadian UnderwriterAspen Insurance Holdings Limited released its financial results for the second quarter and first half of 2017 on Wednesday, reporting a net income after tax of US$75.8 million for Q2 2017. Gross written premiums (GWP) in the second quarter of…
SCOR posts net income of 292 million euros for the first half of 2017
July 27, 2017 by Canadian UnderwriterFrench reinsurer SCOR has reported a net income of 292 million euros for the first half of the year, up from 275 million euros in the first half of 2016. The company’s net combined ratio in P&C was 93.5% for…
Combined ratio down 4.6 points for Everest Re
July 25, 2017 by Canadian UnderwriterEverest Re Group Ltd. reported Monday catastrophe losses, net of reinsurance, of $53.5 million in the three months ending June 30, with a 4.6-point improvement in its Q2 combined ratio to 90.5%. All figures are in United States dollars. Hamilton,…
Aspen posts net income after tax of US$95.5 million for first quarter of 2017
April 27, 2017 by Canadian UnderwriterHamilton, Bermuda-based Aspen Insurance Holdings Limited has reported a net income after tax of US$95.5 million for the first quarter of 2017 ending March 31, down from US$114.4 million in the same quarter of 2016. The insurer’s operating income after…
SCOR reports combined ratio of 94.5% and net income of 140 million euros in Q1 2017
April 27, 2017 by Canadian UnderwriterFrench reinsurer SCOR SE has reported a P&C combined ratio of 94.5% and a net income of 140 million euros for the first quarter of 2017 ending March 31. SCOR released its financial results on Thursday. Its 94.5% P&C combined…
Lloyd’s reports $2.1 billion pound profit for 2016, major claims from Fort McMurray
March 30, 2017 by Canadian UnderwriterLloyd’s, the world’s specialist market for insurance and reinsurance, has reported a pre-tax profit of 2.1 billion pounds for 2016, the same as in 2015. The level of Lloyd’s major claims last year (2.1 billion pounds compared to 0.7 billion…
Economical Insurance gross written premiums up 4.8% in Q4 2016 to $521.8 million
February 22, 2017 by Canadian UnderwriterEconomical Insurance has reported that gross written premiums (GWP) for the fourth quarter of 2016 ending Dec. 31 grew by $23.8 million, or 4.8%, to $521.8 million from $498 million in Q4 2015. In particular, personal lines premiums grew by…
Zurich reports business operating profit of US$4.5 billion for 2016, up 55% from prior-year period
February 10, 2017 by Canadian UnderwriterZurich Insurance Group has reported a business operating profit (BOP) for the full-year ending Dec. 31, 2016 of US$4.5 billion, up 55% from the prior-year period. The fourth quarter BOP for the three months ending Dec. 31, 2016 was up…