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August 2004/1

  • Arch Capital announced strong second quarter results, booking net income of $104.3mn, or $1.42 a share, against $61.8mn, or $0.91 a share for the comparable quarter last year. The performance took the total for the year so far to $191.7mn, or $2.69 a s
  • Ratings agency Moody's has downgraded the performance rating of property catastrophe insurer RJ Kiln Syndicate 557 from "A" Very Good to "A-" Good with a stable outlook. Moody's said the downgrade was because of management proposals to reduce the syndi
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • Refocused UK general insurer Royal & Sun Alliance (R&SA) reported half year figures slightly ahead of forecasts on 12 August, and saw its share price rise 5.5 percent as markets and analysts took a more bullish line on the group's capital position and fut