• X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

July 2008/4
  • Beazley upbeat despite profits fall
    Andrew Horton was upbeat in his first public appearance as the new Beazley CEO, as the Lloyd's (re)insurer became the first listed London Market player to announce its interim results last week which saw a 25 percent fall in profits and a slump in investm
    28 July 2008
  • Advent shares slide as cat losses bite
    Lloyd's (re)insurer Advent Capital Holdings plc share price fell by over 5 percent in early trading today after revealing the extent of the year's heavy catastrophe claims.
    28 July 2008
  • Mixed results for Montpelier and Platinum
    Bermudian reinsurers Montpelier Re Holdings Ltd and Platinum Underwriters Holdings Ltd revealed mixed results for the second quarter as favourable reserve development helped soften the impact of weaker pricing.
    28 July 2008
  • Arch stays ahead of analyst estimates
    Bermudian (re)insurer Arch Capital Group Ltd has seen second quarter net income fall slightly to $192.3mn or $2.92 per share, compared to $199.4mn or $2.65 per share, in the prior-year period.
    28 July 2008
  • Cat losses hit US insurers' profits
    A second consecutive quarter of heavy catastrophe losses took its toll on early reporting US insurers as profits slipped at Allstate Corp, Travelers, Liberty Mutual, WR Berkley and Chubb and Transatlantic Holdings.
    28 July 2008
  • HCC and former CEO settle SEC investigation
    US insurer HCC Holdings, its former CEO Stephen Way, and its former General Counsel Christopher Martin have finally reached a settlement with the US regulatory authorities relating to a dispute alleging violations over stock-options backdating.
    28 July 2008
  • Greenberg closer to NY settlement
    The New York attorney general's office could be close to reaching a settlement with former American International Group (AIG) CEO Maurice "Hank" Greenberg, according to reports.
    28 July 2008
  • Tokio Marine continues global expansion with Philadelphia move
    The expansive Japanese insurer Tokio Marine & Nichido Fire Insurance Co's acquisition of non-life insurer Philadelphia Consolidated Holding Corp (PCHC) will help the company to strengthen its overseas property and casualty (P&C) businesses...
    28 July 2008
  • Dolly's cost less than feared
    Flood damage and business interruption losses are likely to make up the largest proportion of insured losses after the first hurricane of the 2008 season hit the North American mainland.
    28 July 2008
  • Novae parts with specie underwriter
    The head of Novae Syndicate 2007 specie and cargo units, Keith Nichols, is leaving after just two months at the firm, The Insurance Insider understands.
    28 July 2008
  • Towers Perrin launches capital markets operation
    US reinsurance broker Towers Perrin has launched a capital markets operation specialising in risk-linked securities, retirement risk transfer transactions and asset risk management services.
    28 July 2008
  • UK Islamic insurer launches as Salaam Halal
    Britain's first dedicated Muslim insurance group, Principle Insurance Company Ltd has officially launched offering motor cover and trading as Salaam Halal.
    28 July 2008
Load More

Most Recent