Europe
QBE cancels £31.1m deal with Network Rail
A £31.1m insurance arrangement between QBE and Network Rail was not renewed in the first half of the year because of “unacceptable terms”.
Catastrophes force $31bn global payouts in H1
Insurers paid out $31bn (£23.5bn) in the first half of the year as a result of catastrophes, an increase of 51% over last year.
Europe: French risk landscape sees growing threats
French businesses expect the threat environment to become more difficult to navigate in the near term.
QBE could set up post-Brexit EU entity ‘before 2018’
QBE could set up a legal entity in Europe before the end of next year if a decision over passporting rights has not yet been made.
Admiral increases overseas' car customers by 20% in first half
Admiral's CEO David Stevens has hailed the strength of the business as he unveiled his first results since taking on the top job.
QBE's first half profits fall 46%; Australia and New Zealand CEO exits
Australian giant QBE's 2016 first half after tax global profits declined 46% to $265m (£203m)compared with $488m in the same period last year.
PRIIPs deadlines putting pressure on financial services companies
Nine out of 10 financial services firms say they are concerned by the short deadline they have to produce paperwork for impending EU law on investment products.
Gable Insurance's first decade: seven lessons for start-ups
It is now four weeks since Gable announced it was cutting back its underwriting operations in light of compliance issue with Solvency II.
Brexit will not affect UK Gibraltar business relationship, says Hastings
In light of Hasting’s strong financial results today, chief financial officer Richard Hoskins has said that the group is not concerned about Brexit affecting its growth.
Europe: Measuring the cost of liquidity under Solvency II: fund or deposit?
Liquidity funds have been receiving increased attention from insurance companies. Indeed, some banks in developed markets are reducing their appetite for short-dated funding from non-bank financial institutions.
Zurich has steady first half as Greco restructures
Global general insurance profits and gross written premiums at global giant Zurich were stable in the first half of 2016 compared with the same period last year.
Portevin switches roles and Carter to retire at Allianz's global commercial arm
Senior management shake-up at Allianz Global Corporate and Specialty.
Applied Systems expands Irish presence with Relay acquisiton
Applied Systems has acquired Relay Software, as part of the expansion of its international footprint and presence in the UK.
Munich Re CEO confident on pricing after increase in catastrophes
Nikolaus von Bomhard, Munich Re's CEO, has said reinsurance prices are bottoming out based on July's renewals.
Natural catastrophes hit Munich Re's first half profits; CEO warns on Brexit
Reinsurer on track despite Munich Re's 24.4% first half operating profit fall to €1.4bn (£1.2bn) compared with €1.9bn in H1 2015.
RMS director warns stop the "guessing game" over global port exposure
A report from the global risk management firm RMS on the global ports most exposed to natural catastrophes has some surprising findings.
Weather events reduce Allianz's Q2 P&C global profits by 37%
German giant Allianz's second quarter 2016 global property and casualty operating profits declined 37% to €1.1bn (£933m) compared with €1.75bn in Q2 2015.
IUA at highest membership level for over a decade as two new members join from Norway and India
The International Underwriting Association has added two new members to its ranks, increasing its membership level to its highest in more than a decade.
Vienna Insurance Group aims for €400m profit in 2016 as it posts H1 results
Vienna Insurance Group has revealed consolidated profit before taxes of €200m (£168m) for the first half-year 2016.
Aviva's global profits jump 13%; GI COR rises
Aviva had a mixed first half to the year as its life insurance division performed well and its general insurance profits fell.
RSA posts strong global first half results as pre-tax profit grows 20%
RSA's turnaround under CEO Stephen Hester has continued in the first half of 2016.
Europe: Reinsurance trends in 2016 and beyond
Reinsurance and global risks are by nature linked, since the reinsurance business is all about risk. To better understand reinsurance trends a look at the global risk landscape is required.
Axa posts solid global first half results despite 'headwinds'
Axa's underlying profits were flat at €3.1bn (£2.6bn) in the first half of 2016 compared to the same period last year, with net income climbing 4% to €3.2bn.
AIG's global commercial premiums shrink 21% in Q2
AIG's shares climbed 2.5% in after hours trading after returning to profit in the second quarter of 2016.