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Chartis refocus pays dividends in Q1
Chartis booked operating income of $1bn and paid the same sum in non-cash dividends to its parent AIG in a solid first quarter for the US insurer.
04 May 2012
Dallas Easter storm tally hits $650mn as April costs mount
The severe weather outbreak in the greater Dallas-Fort Worth region of Texas in early April has produced insured losses in excess of $650mn, according to the latest cat report from reinsurance broker Aon Benfield.
03 May 2012
Validus unveils $200mn Dutch auction buyback
Bermudian reinsurer Validus has told shareholders that it will run a Dutch auction to buy back up to $200mn of its shares at a maximum price of $33.50 per share.
03 May 2012
Scor profits as top line expands
Scor has reported net income of EUR104mn for the first quarter, up 50 percent on a like-for-like basis, as it bulked up on both the life and P&C sides of its businesses.
03 May 2012
RSA grows top line 5%
UK-listed insurer RSA said it boosted net written premiums (NWP) by 5 percent year-on-year to £2.2bn in the first quarter, with rate increases contributing 4 percent of the uplift and higher business volumes 1 percent
03 May 2012
Hannover escapes heavy Costa hit to post EUR261mn net income
Despite its industry-leading position in the hull excess-of-loss market Hannover Re has booked a loss of only EUR45mn from the Costa Concordia disaster as it achieved first quarter net income of EUR261mn
03 May 2012
Maiden top line up on AmTrust QS
Maiden Holdings booked first quarter net profits of $20.4mn that came in just ahead of the $19.3mn earned in the prior-year period.
03 May 2012
The Hartford net profits slide on hedging losses
The Hartford reported an 81 percent drop in Q1 net income to $96mn driven by realised losses from hedges against the Japanese yen and equity markets.
03 May 2012
RenaissanceRe impresses with earnings beat and top line surge
RenaissanceRe booked Q1 operating income of $155.5mn, or $2.98 a share that was a full 50 cents ahead of analysts' consensus forecasts of $2.48 a share for the period.
03 May 2012
Allied World outperforms on earnings and grows top line
Allied World Assurance Company became the latest (re)insurer to strongly outperform Wall Street earnings forecasts in a quarter that also saw significant top-line growth.
03 May 2012
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