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AmTrust and Maiden shares dive on Q1 earnings
AmTrust shares plunged more than 18 percent to $12.57 while sister company Maiden Holdings fell almost 7 percent to $11.00 in morning trading as investors reacted to the AmTrust's Q1 earnings report yesterday.
Dan Ascher
,
09 May 2017
Maiden posts miss citing AmTrust quota share in Q1
Maiden Holdings missed Wall Street estimates for the first quarter, posting operating earnings of $0.26 per share as the reinsurer’s combined ratio edged over the breakeven mark to 100.9 percent partly because of a quota share with AmTrust Financial.
Ted Bunker
,
09 May 2017
Allianz provided cover for Macron election
Newly elected French President Emmanuel Macron purchased a financial indemnity policy from Allianz in case his campaign failed to cross a 5 percent voting threshold during the first round of the two-part election, according to leaked documents.
Matthew Neill
,
08 May 2017
London has hit commissions inflection point: Galanski
The London wholesale market has reached an "inflection point" where the ratio of commissions to premiums must change, according to Navigators Group president and CEO Stan Galanski
Matthew Neill
,
08 May 2017
Enstar profits up 11.4% in Q1
Legacy-to-live carrier Enstar reported a pre-tax profit of $68.8mn in the first quarter, 11.4 percent more than in the same period of last year
Charlie Thomas
,
08 May 2017
Allianz provided cover for Macron election failure
Newly elected French President Emmanuel Macron purchased a financial indemnity policy from Allianz in case his campaign failed to cross a 5 percent voting threshold during the first round of the two-part election, according to leaked documents.
Matthew Neill
,
08 May 2017
National General profits slump as loss ratio balloons
National General's first-quarter operating profit declined by 23.2 percent as its P&C loss ratio took on 9.3 percentage points year-on-year to hit 69.3 percent.
Laura Board
,
08 May 2017
Investigators quiz two more CIRC officials: report
A further two officials from the China Insurance Regulatory Commission (CIRC) have been questioned by Chinese investigators after the agency's former top official Xiang Junbo was removed from his post
Charlie Thomas
,
08 May 2017
Reinsuring the sacred state
Increased capacity, further competition, falling rates and dwindling premium income continue to characterise the current state of the offshore energy market. Inside FAC asks whether we are any closer to a reversal of fortune
08 May 2017
Upstream endgame?
Increased capacity, further competition, falling rates and dwindling premium income continue to characterise the current state of the offshore energy market. Inside FAC asks whether we are any closer to a reversal of fortune
08 May 2017
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