Casualty insurance news

Operating profits rose 4% to 1.2bn (1.08bn, $1.3bn) as growth in life insurance was offset by a weaker result from property & casualty insurance, which suffered from 55bn of natural catastrophe claims.Italy's biggest insurer said it aims to increase annual profits from 84m last year to 300m by the end of 2020 and expand assets under management to 500bn.Generali said it hopes to achieve this by investing in its own business, which currently manages 450bn and revealed it will spend 35m on recruiti ...

Their existing books of business together are expected to produce annual premiums of approximately$200 million, the company said.For 2017, State National is raising its 2017 outlook range for diluted adjusted earnings per share to$1.18 to $1.26, up from the prior estimated range of$1.13 to $1.21.

In both agreements, Wausau agreed to withdraw its appeal of the order denying recoupment.

Finally, Rhumbline Advisers raised its position in Erie Indemnity Company by 5.6% in the third quarter.

Determinations regarding compliance would remain with the states.Insurers would benefit from this arrangement, he added, by having all technical objections to a proposal raised and addressed in a central forum, rather than in numerous jurisdictions.

Kyriba is headquartered in New York, with offices in San Diego, Paris, London, Tokyo, Singapore, Dubai, Hong Kong, Shanghai and Rio de Janeiro.To learn how your organization can increase the strategic function of its financial professionals, contact us at treasury@kyriba.com.

The Company is engaged in writing personal, business and specialty insurance.

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The 200-day and 50-day moving averages have moved 0.46% lower and 0.96% higher over the past week, respectively.Allied World Assurance Company Holdings, Ltd is a specialty insurance and reinsurance company that underwrites a diversified portfolio of property and casualty insurance and reinsurance lines of business.SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Allied World Assurance shares.Log in and add Alli ...

The stock was sold at an average price of $18.22, for a total value of $182,200.00.

AXA also said that ahead of the IPO, it planned to convert about 1 billion of outstanding debt owned by AXA US to strengthen the general financial position of the business.

AXA S.A.hopes to sell a minority stake in its U.S. life insurance and asset management operations to the public by June 30, 2018.Securities analysts are estimating an initial public offering of the Paris-based company's U.S. operations could raise more than $3 billion for the parent company.Thomas Buberl, AXA's chief executive officer, said AXA is organizing the IPO partly because it wants to use the cash it raises to expand health insurance, property-casualty insurance and elder care operations ...

For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings.A.M.

Investors of record on Wednesday, May 31st will be given a dividend of $0.0625 per share.

AIG common stock is listed on theNew York Stock Exchangeand theTokyo Stock Exchange.Additional information about AIG can be found atwww.aig.comand www.aig.com/strategyupdate | YouTube:www.youtube.com/aig| Twitter: @AIGinsurance | LinkedIn:http://www.linkedin.com/company/aig.

In addition to providing the financial information on the funded status of their U.S. qualified pension plans, the footnotes may also include figures for the companies' nonqualified and foreign plans, both of which are often unfunded or subject to different funding standards from those for U.S. qualified pension plans.

CAOM/MWCPF has over 280 member carriers actively writing insurance in the state.

Livforsakringsbolaget Skandia Omsesidigt now owns 137,828 shares of the insurance providers stock valued at $8,448,000 after buying an additional 3,840 shares during the period.

This information was summarized as part of the Milliman 2016 Public Pension Funding Study, which was published on September 5, 2016.To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/milliman-public-pensions-regain-ground-lost-in-q4-experience-78-billion-improvement-in-funded-status-300455253.html

To learn more about Lilly, please visit us at www.lilly.com and www.lilly.com/newsroom/social-channels.

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