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There are 68,937 results that match your search.68,937 results
  • RenaissanceRe top line shrinks 27% in face of soft market
    RenaissanceRe reported a 27.3 percent drop in its top line driven by a shrinking cat reinsurance book as it became the latest (re)insurer to miss Wall Street earnings forecasts for the second quarter.
    30 July 2014
  • Tower to settle shareholder class action suit
    US insurer Tower Group has agreed to settle a class action lawsuit brought by its shareholders who argued that the "paltry" consideration offered by ACP Re was the result of an "unfair" sales process.
    29 July 2014
  • Sirius top line under pressure
    Sirius Group, the reinsurance arm of White Mountains, saw its top line eroded by 7.9 percent to $238.6mn in the second quarter, as softening market conditions took their toll.
    29 July 2014
  • Guy Carpenter revenues climb despite soft market squeeze
    Marsh & McLennan (MMC) reinsurance subsidiary Guy Carpenter has reported organic revenue growth of 2 percent in the second quarter, less than a week after arch rival Aon Benfield saw its top line fall by 4 percent on an underlying basis.
    29 July 2014
  • LMA: UK motor insurance reforms won’t deliver savings
    Proposals from the UK Competition and Markets Authority (CMA) aimed at reforming the private motor insurance market will fail to bring cost benefits for consumers, according to the Lloyd's Market Association (LMA).
    29 July 2014
  • QBE shares plummet following another profits warning
    Shares in Australian insurance group QBE slumped 11 percent overnight after the firm disappointed investors with yet another profits warning.
    29 July 2014
  • JLT reports 5% H1 broking organic growth
    London-listed broker Jardine Lloyd Thompson Group (JLT) has delivered healthy trading figures for the first half of 2014 but has painted a cautious picture on market conditions in light of headwinds such as the strength of sterling and falling (re)insurance rates.
    29 July 2014
  • National Interstate slumps to loss after auto reserve review
    Shares in National Interstate are expected to fall today (29 July) after the US insurer slumped to a second quarter net and operating loss on the back of significant reserve strengthening on its book of commercial auto business.
    29 July 2014
  • PartnerRe grows top line but misses on non-cat losses
    PartnerRe fell short of Wall Street forecasts after reporting Q2 operating profits of $133.5mn, or $2.60 a share, as it became the latest carrier to experience higher-than-expected non-catastrophe losses in the period.
    29 July 2014
  • Montpelier profits dip on lower reserve releases
    Montpelier Re generated second quarter operating profits of $36mn, or $0.76 a share, down from the $49.6mn, or $0.93 a share, reported in the prior-year period.
    29 July 2014
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