Reinsurance News

Results news

News on reinsurance and insurance company quarterly and annual results or reporting. Detailing news on the financial performance of insurance and reinsurance underwriting companies and brokers.

U.S D&O liability underwriting results lowest in seven years: Fitch

4th May 2018

Fitch Ratings has reported that U.S Director and Officers (D&O) liability re/insurance underwriting results for 2017 fell to their worst level since 2011. D&O has historically been a more volatile product line than many other Property and Casualty (P&C) products, and claims risk in private and non-profit organisations has expanded in ... Read the full article

M&A activity is driving reinsurance demand, says Everest Re CEO

30th April 2018

Dominic Adesso, President and Chief Executive Officer (CEO) of Everest Re, has said that the company has experienced an increase in demand for reinsurance from larger primary insurers, driven by increased mergers and acquisitions (M&A) activity in the sector. Everest Re has also seen cedants increasingly turn to reinsurance solutions to ... Read the full article

European reinsurers’ Q1 results expected to normalise: Deutsche Bank

20th April 2018

Deutsche Bank has reported that European reinsurance results for the first quarter of 2018 are expected to return to normal after a challenging 2017, with technical profits anticipated to be up due to the absence of severe natural catastrophe claims. Q1 reports should reflect a solid earnings season, although results have ... Read the full article

Talanx’s financial results remain robust in spite of heavy 2017 losses

19th March 2018

Despite heavy catastrophe losses in 2017 Hannover Re's parent company Talanx's financial results show the re/insurance giant remains well-placed to ride out the industry's cyclical low points reporting an overall 6.3% gross written premiums increase, solid return on investment and continued dividends' growth. Group net income for 2017 was EUR 672 ... Read the full article

Lloyd’s volumes up, but profits continue to shrink in first-half 2017

28th September 2017

The Lloyd's of London insurance and reinsurance market reported first-half 2017 profit of £1.22 billion ($1.58 billion) this morning, a decline on the prior year period. However the market also reported higher volumes of business, as new product lines start to help it to grow. Profits at Lloyd's are down almost ... Read the full article

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