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US commercial rates flat in April: MarketScout

The US commercial P&C market remained on the edge of softening in April, as average pricing remained flat, according to MarketScout's latest survey

Himal Patel, 05 May 2015
Montpelier Re Q1 profits fall ahead of Endurance deal

Underwriting performance at Montpelier Re worsened significantly during the first quarter, as increased expenses, higher losses, lower reserve releases and reduced investment gains drove a 42 percent reduction in net earnings to $52.1mn.

Himal Patel, 05 May 2015
Greenlight Re falls to Q1 loss

Hedge-fund reinsurer Greenlight Re has reported a first quarter net loss of $24.0mn as heavier investment losses and a drop in earned premium income hit the company's bottom line.

Himal Patel, 05 May 2015
Endurance books double digit growth in insurance and reinsurance

Endurance reported a first quarter earnings beat fuelled by reserve releases and strong top line growth in both its insurance and reinsurance divisions.

David Bull, 05 May 2015
Argo beats the Street as Q1 profits and GWP rise

Argo Group reported top and bottom line growth during the first quarter of 2015, driven by its excess and surplus lines segment.

Himal Patel, 05 May 2015
Torus partners with London Aviation Underwriters in the US

Torus has joined up with London Aviation Underwriters (LAU) in a partnership to write general aviation insurance throughout the US.

David Bull, 05 May 2015
BHSI will not grow through M&A: Buffett

Berkshire Hathaway is confident it can organically grow its commercial insurance operation to become a major player without a significant M&A transaction, according to Warren Buffett.

David Bull, 04 May 2015
Exor stands firm on ‘superior’ PartnerRe cash offer

Exor has said it will not withdraw its "superior" $6.4bn all-cash offer for PartnerRe despite the reinsurer rejecting the bid and accepting revised terms from Axis Capital.

David Bull, 04 May 2015
OneBeacon and Sirius CRs deteriorate as FX hits White Mountains

White Mountains reported deteriorating combined ratios in both its OneBeacon and Sirius operations for the first quarter as group losses were impacted by foreign exchange losses.

David Bull, 04 May 2015
CNA beats as combined ratio improves

CNA Financial just beat Wall Street forecasts as it reported an improved P&C combined ratio and first quarter operating profits of $225mn that were higher than the $190mn generated in the prior-year period.

David Bull, 04 May 2015

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