Validus Holdings Ltd. reported net income of $66.7 million, or $0.78 per diluted common share, for the third quarter ended Sept. 30, 2015, compared to $39.7 million, or $0.41 per diluted common share, for the same period last year. For …
Aon plc’s third quarter and 1st 9 months 2015 Earnings report shows an overall decline in revenue and profits, compared to the same periods in 2014. Net income attributable to Aon shareholders was $295 million, or $1.04 per share, compared …
Lloyd’s China, Tokio Marine Kiln and People’s Insurance Company of China Property and Casualty Company (PICC P&C) signed a memorandum of understanding (MoU) to provide intellectual property infringement liability insurance in China. Signed on Oct. 29 at PICC’s head office …
XL Catlin announced that it has strengthened its Aviation insurance capabilities in Brazil with the appointment of senior underwriter, Daniela Murias, based in Sao Paulo. She has over 15 years’ experience in the aviation industry and extensive knowledge of the …
Aviva Plc Chief Executive Officer Mark Wilson said a 25 percent jump in new business in the first nine months of the year should allay concerns that his 5.6 billion- pound ($8.6 billion) acquisition of Friends Life Group Ltd. was …
A tax hike on British motor and home insurance policies effective from Sunday is set to hit consumers and could trigger a fresh round of margin-squeezing price competition among general insurers. The jump in the insurance premium tax (IPT), to …
A lawsuit filed stemming from a fiery February derailment of a CSX oil train in Mount Carbon has been moved to federal court. The Register-Herald reports that the lawsuit by more than 200 residents was moved to U.S. District Court …
Fire officials say a southwest Florida man was injured when an e-cigarette he was smoking exploded in his face. North Collier Deputy Fire Chief Eloy Ricardo says the man suffered burns to his face and also inhaled a piece of …
People who live around dozens of lakes in South Carolina are under emergency orders to repair or replace dams that ruptured or were deemed unsafe by inspectors after the historic rains this month, and they face staggering bills ranging from …
Mike Baker has joined ANBTX Insurance Services as vice president in the commercial property and casualty insurance division. Baker, formerly with CIB (Commercial Insurance Brokers Inc.) in El Paso, Texas, comes to ANBTX with over 12 years of experience in …
