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There are 40,552 results that match your search.40,552 results
  • Platinum reports Q4 net profit, but shareholders’ equity down 11% in 2011
    Shareholders' equity was eroded 10.8 percent to $1.7bn through 2011 at Platinum Underwriters as the reinsurer fell to a net loss of $224.1mn for the year.
    08 February 2012
  • RenRe founder looking to launch $500mn Flex Re
    Bermudian stalwarts John Lummis and Jim Stanard have formed Flex Capital Advisors (FCA), a management company that will underwrite reinsurance on behalf of companies and funds and is set to sponsor a new $500mn start-up Flex Re on the island.
    27 October 2010
  • Transatlantic expects up to $100mn first quarter Australia loss
    Transatlantic Holdings expects to take pre-tax net catastrophe costs of between $50mn and $100mn in the first quarter as a result of Australian weather events including the Brisbane floods and Cyclone Yasi
    10 February 2011
  • ACE eases Brandywine hangover
    But uncertainty remains on how firm the company’s walk-away option is on remaining asbestos exposures... ACE Ltd has partially lifted the asbestos albatross which haunted the company's reserves ever since it acquired CIGNA Property & Casualty business
    01 January 2005
  • Brit CEO slams London's competitiveness
    Dane Douetil, CEO of recently redomiciled Brit Insurance, has launched a comprehensive attack on the UK tax and regulatory environment, dubbing it "highly uncompetitive".
    10 February 2010
  • Kiln takes £50mn cat hit to date in 2010
    Lloyd's (re)insurer Kiln has reported catastrophe losses of almost £50mn in the first four months of the year, as the start of the Atlantic hurricane season looms.
    24 May 2010
  • 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
  • Transatlantic top line holds firm despite downgrade
    American International Group (AIG) affiliate Transatlantic Holdings saw first quarter pre-tax profits fall from $145.2mn to $90.3mn, as it took $60.6mn in realised net capital losses in the period - up from the $15.1mn writedowns it recorded in the prior-
    01 May 2009
  • Torus growth fuelled by casualty expansion
    Private equity-backed insurer Torus is experiencing rapid growth in its casualty profile and is expected to post a modest pre-tax profit for 2009.
    27 October 2009
  • Willis facing September Stanford showdown
    This month is set to be a busy one for litigation connected with the collapse of Stanford Financial Group (SFG) and its alleged $7bn+ Ponzi scheme
    10 September 2010
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