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AmTrust top and bottom line surges
Shorters and supporters of AmTrust's stock are unlikely to change their view on the insurer after it reported a strong earnings beat driven by its surging top line growth.
04 November 2014
Alleghany profits benefit from strong TransRe and RSUI underwriting
Alleghany Corporation benefited from strong underwriting results in its TransRe and RSUI businesses as it reported a 65 percent increase in third quarter net profits to $186.3mn.
04 November 2014
Endurance top line grows but CR deteriorates
Endurance Specialty Holdings reported strong top line growth but a higher combined ratio as its third quarter performance continued to reflect the transformation of the Bermudian carrier since the arrival of John Charman last year.
04 November 2014
AIG beats and buys back stock but P&C UW loss widens
American International Group (AIG) has upsized its share buyback plan by another $1.5bn after a third quarter of aggressive capital management that also saw it beat Wall Street earnings forecasts.
04 November 2014
Aviation losses drag Hardy to $15mn Q3 operating loss
CNA Financial's Lloyd's carrier Hardy has reported a $15mn loss for the third quarter, after a string of aviation claims battered its bottom line.
03 November 2014
Asia should not blindly follow developed world: John Tan
Asia Capital Re chief executive John Tan has warned Asian reinsurers against blindly following Western carriers and globalising too quickly
03 November 2014
Beale warns against protectionist regulation
Protectionist regulation driven by a desire to retain premium locally risks stunting the ability of Asian insurers to "transfer risks out", Lloyd's CEO Inga Beale has warned
03 November 2014
Hardy raids Hiscox for marine, energy and aviation head
CNA's Lloyd's subsidiary Hardy Underwriting has hired Carl Day to be its new head of marine, energy and aviation, The Insurance Insider has learned.
03 November 2014
Pro announces head of US operations
Pro Global, the outsourcing firm that demerged from struggling legacy carrier Tawa in April, has announced that Mory Katz will head up its US operations.
03 November 2014
AIG on the hook in $46mn Virgin Galactic loss
The Virgin Galactic spacecraft crash is set to generate losses of $46mn, The Insurance Insider has learned
03 November 2014
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