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Investments boost Transatlantic despite writedowns
Despite having to write down $27.1mn from sub-prime affected securities, US reinsurer Transatlantic Holdings Inc's 2007 profits were boosted by a stronger investment performance.
04 February 2008
Munich Re in call for $20bn industry energy drive
Munich Re has committed a $2bn line to a proposed industry offering that it says has the potential to create $10bn-$20bn in new liability cover from the international (re)insurance industry for offshore drilling operations around the US coast.
14 September 2010
Competition warning as Lloyd's stocks continue volatility
Lloyd's results season picked up in earnest over the last four weeks as companies posted broadly healthy figures tempered by warnings of increased competition and tougher times ahead.
07 September 2007
Scor profits down 15% on H1 cats
Scor's profits slipped by 15 percent to EUR156mn in the first six months of 2010 as natural catastrophe losses took their toll.
29 July 2010
Suffering continues with third quarter results
Following last week’s early-announcers, Bermudian and US (re)insurers are continuing to unveil third quarter figures badly damaged by the quartet of hurricanes hitting the Caribbean and Florida in September and October.
08 November 2004
Fitch downgrades Employers Re to ‘AA-’
Rating Agency Fitch Ratings downgraded its financial strength rating on Employers Re to “AA-” last week, citing concerns over the reinsurer’s reserves.
26 July 2004
Central Fund payouts top $1bn
Insolvent corporate capital providers cost market dear The Lloyd's Central Fund has now paid more than $1bn on behalf of insolvent corporate capital providers who have left the market with outstanding liabilities. Last month the Society revealed tha
01 June 2004
Lloyd's capacity to fall in 2009
In the absence of market-changing catastrophe activity through the rest of the year, Lloyd's opening capacity for 2009 looks set to be marginally down on its £15.95bn stamp capacity at the start of 2008.
08 September 2008
Willis names president of North American retail
Broking giant Willis has named Vic Krauze president of Willis HRH, its North American retail business.
25 August 2009
BP Marsh’s profits recover
Niche UK venture capital firm BP Marsh's profits for the year to 31 January 2010 climbed to £3mn from just £0.1mn the previous year
02 June 2011
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