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Company Example A

Overview
Content
Data

Company type

Insurance-Linked Securities (ILS) and Investment Managers

Miscellaneous

Founded
1896

Major offices

Zurich, CH (headquarters)
Nassau, BS

Officers

Smedley MacGuffin (CEO)

Search and Filters
Month
Year
68934 results
  • Erwin hits PXRE ratios
    Bermudian (re)insurer PXRE has reported first quarter net profits of $22.7mn or $0.69 a share, compared to $30.9mn or $1.18 a share in the same period of 2004. Net operating income per share came in at $23.3mn or $0.71 a share, down from $33.2mn or $1.27
    09 May 2005
  • RenRe disappoints as earnings slump
    Bermuda-headquartered RenaissanceRe last week (3 May) reported a disappointing set of first quarter results, as losses from Windstorm Erwin battered the bottom line. The performance raises doubts over the reinsurer’s ability to meet 2005 earnings projecti
    09 May 2005
  • Fortune Brands sues Marsh
    In the week that MMC had to reveal a 70 percent cut in first quarter earnings, more bad news arrived in the form of a legal action against the broker from Fortune Brands – the former Marsh client who was an apparent victim of bid-rigging.
    09 May 2005
  • AIG downgraded to A+
    The financial strength ratings of world’s largest insurer AIG have been downgraded to A+ (Superior) from A++ (Superior) with negative implications by AM Best. In a statement the ratings agency said the downgrade came about because of further disclosure
    09 May 2005
  • FSA approves QBE’s acquisition of Greenhill agency
    The Financial Services Authority has approved QBE’s acquisition of the underwriting agency Greenhill Underwriting Group.
    03 May 2005
  • Integro raises $300mn
    Bob Clements’ latest start-up venture Integro Ltd is set to go live after raising more than $300mn in start-up capital from private equity investors.
    06 May 2005
  • Cox ends ‘for sale’ saga with £300mn buy-out
    It was at least six months in the making, but UK motor insurer Cox Insurance Holdings finally agreed to a buy-out from its private equity backed, former chief executive Neil Utley last week.
    03 May 2005
  • London leaders begin push for contract certainty
    London Market leaders last week announced a road-map for delivering contract certainty in time for the FSA-imposed end-of-2006 deadline – with a key aim being an improvement in measured slip standards to 99 percent by March 2006.
    03 May 2005
  • Aon applauded for backing Beazley initiative
    As the London market continues to debate the extent and cost of services brokers perform on behalf of subscription market insurers, broking giant Aon has been applauded for backing new underwriting slips which record in greater detail the levels of commis
    03 May 2005
  • JLT shares fall following downbeat trading statement
    Shares in Jardine Lloyd Thompson Group plc (JLT) came under sustained selling pressure last week after the firm issued another downbeat trading statement.
    03 May 2005
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