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There are 68,925 results that match your search.68,925 results
  • 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
  • Tower book value slump threatens sale
    Further deterioration of reserves and a slump in book value per share (BVPS) at beleaguered US insurer Tower Group has raised doubts over the consummation of its proposed $3 a share acquisition by AmTrust founder Michael Karfunkel's ACP Re vehicle.
    05 May 2014
  • Falling underwriting profits contribute to earnings miss at Berkshire Hathaway
    Berkshire Hathaway operating profits fell 6.6 percent to $3.53bn, or $2,149 a share for the first quarter as the investment conglomerate missed Wall Street consensus forecasts of $2,172 a share in part because of a drop-off in underwriting profits in its (re)insurance business.
    03 May 2014
  • O’Kane reiterates fierce rejection of ‘derisory’ Endurance bid
    Aspen Insurance Holdings CEO Chris O'Kane has reiterated his complete rejection of a "disruptive and value-destroying" proposed takeover bid from Endurance.
    02 May 2014
  • Marsh grows 4% in Q1, but Guy Carp flat
    Marsh registered organic revenue growth of 4 percent in the first quarter, but Marsh & McLennan Companies' (MMC) reinsurance broking arm Guy Carpenter posted flat underlying revenues as the first effects of softening reinsurance rates became apparent
    02 May 2014
  • Fairfax profit up on equity gains, insurance strength
    Fairfax Financial Holdings, the Canadian insurance-focused financial conglomerate, today (2 May) reported a near five-fold increase in profits during the first quarter, helped by gains on its equity investments and an improved performance from its underwriting businesses.
    02 May 2014
  • Munich Re forecasts 8% dip in Q1 profit
    Munich Re, the world's biggest reinsurer, is set to report a drop of about 8 percent in its first quarter profit, but remains on course to achieve its earnings target of EUR3bn ($4.1bn) for 2014 as a whole, according to its chief executive.
    02 May 2014
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