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Scor Q1 profit up 21% with ‘healthy’ P&C performance

Global reinsurer Scor today (6 May) said its first quarter profit rose by more than a fifth, helped by strong premium growth and an improved investment performance

06 May 2014
Hiscox Q1 premiums dip

London-listed (re)insurer Hiscox today (6 May) said its premium income fell slightly during the first quarter of 2014, reflecting currency fluctuations and retrenchment at its reinsurance operation due to persistently weak prices.

06 May 2014
Mapfre’s Q1 earnings drop by 17 percent

Spanish insurance giant Mapfre reported a significant decline in net income for the first quarter as strengthening of the Euro and weather-related losses dented its bottom line.

06 May 2014
Alleghany underwriting profits drop on property losses and lower reserve releases

Alleghany's (re)insurance operations saw underwriting profits drop 35 percent to $118.6mn for the first quarter as higher property losses and lower reserve releases hit the bottom line.

06 May 2014
Investment losses hammer Greenlight Re in Q1

Hedge-fund reinsurer Greenlight Re fell to a net loss during the first quarter after investment returns took a u-turn during the period.

06 May 2014
Endurance in strong earnings beat as portfolio shift continues

Endurance Specialty Holdings reported operating profits of $94.4mn, or $2.12 a share, that were just ahead of the $89.8mn, or $2.08 a share generated in the prior-year period and smashed the $1.13 consensus forecast of Wall Street analysts.

06 May 2014
Argo operating profits climb 25%

Argo Group's bottom line benefited from higher reserve releases as the Bermudian reported operating income for the first quarter that climbed 25 percent to $25.1mn or $0.93 a share compared to $20.1mn or $0.71 a share in the prior-year period.

06 May 2014
AIG earnings beat but P&C falls to underwriting loss

American International Group's (AIG) P&C business saw first quarter operating profits drop 26 percent to $1.16bn as it fell to an underwriting loss driven by higher catastrophe losses and reserve charges.

06 May 2014
US commercial P&C rate rises moderate to 2% as softening market looms

US commercial insurance rate increases moderated to 2 percent in April amid growing pressure that could lead to a softening market by the end of the year, according to MarketScout.

06 May 2014
Guy Carpenter adds more JLT Towers Re execs to mutual practice

Guy Carpenter has added to its US mutual company specialty practice with further hires from JLT Towers Re.

05 May 2014

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