Re/Insurance groups

Chubb Reports Second Quarter Net Income of USD 1,305 million

Chubb Limited today reported net income for the quarter ended June 30, 2017 of USD 1,305 million, or USD 2.77 per share, compared with USD 726 million, or USD 1.54 per share, for the same quarter last year. Operating income was USD 1,180 million, or USD 2.50 per share, compared with USD 1,058 million, or USD 2.25 per share, for the same quarter last year.

Aviva plc 2017 Interim Results Announcement

In the first half of 2017, Aviva has grown operating profit, maintained capital strength and delivered on its strategic agenda. Operating profit increased 11% to GBP1,465 million (HY16: GBP1,325 million), underlining the quality of our franchises and the benefits of our product and geographic diversity. Operating earnings per share (EPS) increased 15% to 25.8p (HY16: 22.4p).

AIG Reports Second Quarter 2017 Results

American International Group, Inc. today reported net income of USD 1.1 billion, or USD 1.19 per diluted share, for the second quarter 2017, compared to USD 1.9 billion, or USD 1.68 per diluted share, in the prior-year quarter, primarily reflecting net realized capital losses of USD 69 million compared to net realized capital gains of USD 1.0 billion a year ago.

MetLife Announces Second Quarter 2017 Results

MetLife, Inc. (NYSE: MET) today announced the following results for the second quarter of 2017. On a GAAP basis, MetLife reported second quarter 2017 net income of USD 838 million, compared to net income of USD 64 million in the second quarter of 2016. On a per share basis, net income was USD 0.77, compared to net income of USD 0.06 in the prior-year period.

UNIQA: Insolvency of Veneto Banca triggers contractual guarantee and leads to a decline in net profit for the period in the "discontinued operations" of EUR 33.4 million

In December 2016 UNIQA Insurance Group AG (UNIQA) sold its Italian subsidiaries to the Italian mutual insurance company Società Reale Mutua di Assicurazioni. In the course of the transaction a contractual was issued, which guaranteed up to EUR 40 million for the sales cooperation with Veneto Banca, which is valid until 2019.

Natural disasters claimed fewest deaths in 30 years

Global insured losses from natural disasters during 1H 2017 are estimated at US 22 billion with 76% of these sustained by public and private US insurers, according to "Global Catastrophe Recap: First Half of 2017 report" launched by Impact Forecasting, AON Benfield's catastrophe model development team.