J.powell brown brown&brown

Brown & Brown organic revenues return to growth in Q1

2019-04-22T22:18:00+01:00

US broker Brown & Brown has reported first quarter revenue up 23.5 percent over the same period last year, and a return to organic growth, while revealing earnings that beat analysts’ estimates and included modest margin expansion.

Maiden Holdings

Nasdaq warns Maiden it is breaking listing requirements

2019-04-19T22:19:00+01:00

Maiden Holdings has until mid-October to get its share price above $1 or it could be delisted from the Nasdaq Stock Market.

Alan Schnitzer – Travelers

Travelers shares up as commercial pricing accelerates in Q1

2019-04-18T17:03:00+01:00

A solid earnings beat and positive commentary on commercial insurance pricing at Travelers were only slightly tempered by news of a reserve charge related to New York’s Child Victims Act legislation.

John Howard

BB&T Insurance generates 6.7% organic growth

2019-04-18T13:45:00+01:00

Income at US retail and wholesale broker BB&T Insurance surged to a record $510mn for the first quarter and was up 17.0 percent compared to the prior-year period, driven by 6.7 percent organic growth and the impact of its Regions acquisition.

Alan Schnitzer – Travelers

Travelers beats in Q1 as top line swells to record levels

2019-04-18T11:58:00+01:00

US commercial and personal lines giant Travelers has beaten the expectations of analysts in the first quarter, delivering a core income per diluted share of $2.83, as gross written premium ballooned to a record $7.84bn.

RLI office

RLI shares expected to trade up after Q1 earnings beat

2019-04-17T22:19:00+01:00

Specialty insurer RLI Corp has reported a solid earnings beat for the first quarter boosted by reserve releases.

Alan Schnitzer – Travelers

Travelers shares up as commercial pricing accelerates in Q1

2019-04-18T17:03:00+01:00

A solid earnings beat and positive commentary on commercial insurance pricing at Travelers were only slightly tempered by news of a reserve charge related to New York’s Child Victims Act legislation.

John Howard

BB&T Insurance generates 6.7% organic growth

2019-04-18T13:45:00+01:00

Income at US retail and wholesale broker BB&T Insurance surged to a record $510mn for the first quarter and was up 17.0 percent compared to the prior-year period, driven by 6.7 percent organic growth and the impact of its Regions acquisition.

Alan Schnitzer – Travelers

Travelers beats in Q1 as top line swells to record levels

2019-04-18T11:58:00+01:00

US commercial and personal lines giant Travelers has beaten the expectations of analysts in the first quarter, delivering a core income per diluted share of $2.83, as gross written premium ballooned to a record $7.84bn.

Canopius and AmTrust

Canopius pushed to Lloyd’s top-five with AmTrust deal

2019-04-11T09:16:00+01:00

PE-backed Canopius will be catapulted into being a top-five Lloyd’s carrier responsible for circa £2.01bn of annual written premiums on the assumption it completes its acquisition of AmTrust’s Lloyd’s business, analysis by The Insurer shows.

Q1-earnings

Pricing and declining interest rates set to dominate Q1 commentary

2019-04-10T17:29:00+01:00

As the first quarter earnings season gets under way this month, a relatively light accident year catastrophe loss burden for commercial carriers and the impact of declining interest rates and rising equity values on investment portfolios are expected to be common themes.