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There are 68,963 results that match your search.68,963 results
  • AIG increases share repurchase plan by $1bn after earnings beat
    AIG has added $1bn to its share repurchase authorization and increased its quarterly dividend by 25 percent after reporting fourth quarter profits that beat Wall Street expectations.
    14 February 2014
  • AmTrust shares surge 10% on earnings beat
    US carrier AmTrust Financial Services today (13 February) said its profit rose 17 percent in the final quarter of 2013, as net earned premium climbed by 84.6 percent to $708mn.
    13 February 2014
  • Qataris confirm Antares acquisition
    Q-Re's parent company, the Qatar Insurance Group (QIC), has released a statement confirming that it has reached an agreement to acquire Lloyd's insurer Antares
    13 February 2014
  • Lancashire shares drop as dividend disappoints
    Shares in Lancashire dropped steeply this morning (13 February) after the London-listed insurer unveiled a smaller-than-expected payout to investors, citing the need to preserve capital following its £266mn ($436mn) takeover of Lloyd's carrier Cathedral last August
    13 February 2014
  • 2013 cat losses $20bn below 10-year average
    Last year's natural catastrophe and man-made loss tally came in $20bn below the 10-year average, providing a "respite" for the P&C (re)insurance industry after Superstorm Sandy in late 2012 and the $100bn+ of international losses in 2011, Guy Carpenter said in its annual Global Catastrophe Review.
    13 February 2014
  • UK intermediary HomeServe receives £31mn fine
    HomeServe, the UK personal lines intermediary that styles itself as the fifth emergency service, has been hit with a heavy £31mn fine from the Financial Conduct Authority (FCA) due to serious and long-running customer service failings.
    13 February 2014
  • Lancashire profit drops on Europe flood claims
    London-listed insurer Lancashire today (13 February) said it would pay shareholders a special dividend of $0.20 per share despite an 8 percent drop in its 2013 profit, weighed by European flood claims and widening losses from the Costa Concordia shipwreck.
    13 February 2014
  • Zurich profit up 4 percent as cat claims drop
    Zurich Insurance Group today (13 February) reported a 4 percent rise in its annual profit, helped by cost cuts and lower catastrophe losses, and said a turnaround programme it launched in December was delivering results.
    13 February 2014
  • Q-Re poised to acquire Antares
    Q-Re looks to have won out in the auction to buy Lightyear Capital-backed Lloyd's carrier Antares with a deal expected to be formally signed in the coming days, The Insurance Insider has learned.
    13 February 2014
  • HCC reassures on Spanish surety claims
    US insurer HCC said the estimated cost of Spanish construction surety claims was unchanged during the fourth quarter of 2013, and that it expected to recover nearly two thirds of the $140mn it has paid out so far from its reinsurers
    12 February 2014
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