Munich Re, the world’s biggest reinsurer, posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed- income investments. Net income rose 16 percent from the year-earlier period to €735 million [$937 million], the Munich-based …
Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit remained little changed as higher operating income from its life segment and property and casualty operations was offset by taxes. Net income rose to €513 million ($653.75 million] from €510 million …
RSA Insurance Group Plc reported a 16 percent drop in net written premiums in the first nine months of this year as the insurer withdrew from less profitable business. The company, which was hit with an accounting scandal in Ireland, …
