Allied World Q2 net income off 35%
Allied World, the Bermudian (re)insurer, said that second quarter net income fell to $79.2m from $123.3m a year earlier. Net income in the first half of the year dropped to $210.2m, compared to net income of $237.2 m, for the first six months of 2007.
Allied's president and chief executive Scott Carmilani said: “Allied World has reported solid operating results despite the continued downturn in pricing in the insurance marketplace and the negative
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
British Insurance Awards 2026 shortlist revealed
The shortlist of the 2026 British Insurance Awards, which will take place at the Royal Albert Hall on 8 July, is announced today.
Lady Mayor seeks to rid City of ‘scary’ image
Young people need not be scared of pursuing careers in the City, with its first Lady Mayor telling them: “Come on in, the water is lovely.”
Intact sets out plans to double business by 2030
Intact is on course to double the size of its UK business by 2030, with its commercial lines managing director Tovah Grosscurth telling Post the firm is targeting ‘double-digit’ annual growth.
Q&A: Alexander Beaton, CFC
With incidents of piracy on the increase, Alexander Beaton, the team leader of kidnap and ransom at CFC, explains why the insurer launched a tech-enabled marine product designed to remove ambiguity from vessel cover.
How insurers should navigate political risks and policy signals
View from the Top: Jason Harris, CEO of QBE International, breaks down key risks and priorities for insurers ahead of a busy year of elections.
Swiss Re CEO warns firms must rethink cover for systemic shocks
Nina Arquint, UK CEO of Swiss Re Corporate Solutions, warns traditional, product-led insurance buying is no longer fit for purpose, as climate shocks and geopolitical tensions create interconnected, systemic risks.
Howden IAL launches following Hymans Robertson deal
Howden has formed Howden Insurance Actuarial and Longevity after buying Hymans Robertson’s insurance and financial services consulting team.
Blog: Why resilience matters in today’s soft cyber market
As the UK cyber insurance market enters a soft phase, Duane Folkard, lead cyber underwriter at rrelentless, explores why lower premiums and broader cover can mask a growing resilience gap, and the critical role brokers play in helping businesses build long-term cyber resilience.