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Munich Re makes €782m in Q1

May 08, 2012

GERMANY’S Munich Re has reported a profit of €782m ($1.02bn) for the first quarter, up from a loss of €948m in Q1 2011. The company is maintaining its previously stated profit target of €2.5bn for the year. The company booked an operating gain of €1.20bn on gross written premiums of €13.3bn, compared with a loss of €1.38bn on GWP of €1.30bn in the same period last year. The technical result...

IAG mulls sale of UK operations as it launches strategic reveiw

May 17, 2012

Insurance Australia Group (IAG) has embarked on a strategic review of its Lloyd’s operation Equity...

Amlin hopes for ACI growth after completing revamp

May 17, 2012

Amlin’s reshaping of its troubled corporate insurance division appears to be complete, an interim management...

Skuld achieves forecast-busting 2011 performance after record premium income

May 14, 2012

Skuld produced a forecast-busting underwriting profit for the 2011 year, but a series of large...

OIB looks for continued growth after hitting Lloyd’s top 30

May 14, 2012

Oxford Insurance Brokers (OIB) has promised “aggressive growth” in the next three years as it...

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