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Hiscox records sub-100% CR as chairman sets retirement date
Hiscox turned around a 116.9 percent half-year combined ratio to 99.5 percent at the full year as the heavy burden of nat cats and dwindling investment returns were offset by a surge in reserve releases
27 February 2012
Berkshire Hathaway reveals $2.6bn 2011 cat losses
The roll-call of 2011 catastrophes cost Berkshire Hathaway's (re)insurance units $2.6bn in pre-tax losses, the Warren Buffett-led company revealed this weekend
26 February 2012
Tawa book value slides 13.5 percent on reserve charges
Diversified UK-based (re)insurance investor and legacy acquirer Tawa has announced a shock 13.5 percent hit to book value.
25 February 2012
Charles Taylor Consulting to withdraw from P&C legacy acquisitions
Charles Taylor Consulting (CTC) is to pull back from the P&C legacy market to focus on its professional services business, The Insurance Insider can reveal.
24 February 2012
Equity 218 to draw a line under prior year woes
Open prior years from Equity Red Star's Syndicate 218 look set to achieve finality, as the insurer prepares to reinsure to close its open years into its 2010 year of account, The Insurance Insider has learned.
24 February 2012
Atrium and MAP close 2009 syndicates ahead of forecasts
Atrium Underwriters and MAP's latest updates on returns from their Lloyd's syndicates have shown improving results, with both closing their 2009 years above the top of previously forecast ranges.
24 February 2012
Alleghany profit dips ahead of Transatlantic takeover
Transatlantic buyer Alleghany has reported net earnings of $143mn for 2011, down 28 percent year-on-year, as it incurred $19.3mn of expenses in relation to the takeover bid.
24 February 2012
Lancashire expects to make Japan play at 1.4
Bermudian short-tail specialist Lancashire said it is gearing up to take on more Japanese exposure at 1 April as it looks to take advantage of an improved supply-demand equation
24 February 2012
AIG books mammoth $19.8bn profit on tax benefit
AIG reported a mammoth Q4 net profit of $19.8bn driven by a $17.7bn deferred tax asset valuation release.
24 February 2012
White Mountains completes Berkshire buyback; makes $500mn repurchase offer
White Mountains Insurance Group has bought back the last of its common shares held by Berkshire Hathaway for $44.9mn
23 February 2012
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