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International digest
US P&C rates continue to rise; Transatlantic approves; $3.5bn mining crunch; Validation; Tokio Marine rewarded; European M&A rise; Axis move; Starr Wars; Brown & Brown reaches $1b; Ironshore moves; Liberty claims; Integro hits $100mn
08 February 2012
London digest
ProSight expands Lloyd's platform; Amlin leaps; Brit loses CFO; Brit loses CFO; RKH calypso; Darwin has legs; Admiral secures; Channel appointment; FSA to switch to ‘twin peaks' model in April; P&I dispute fixed
08 February 2012
2011 sidecars rev up for April renewals
RenaissanceRe launches Upsilon Re as 2011 vehicles reload but investors remain cautious
08 February 2012
Galapagos or Intelligent Design?
When it come to modernising the London market, is evolution and consultation what is required, or should we seek the services of a benign dictator?
08 February 2012
Flagstone sale auction reaches zenith with new bidder
Flagstone's Lloyd's subsidiary is destined to be the first Lime Street (re)insurer to be sold in 2012 as European private equity house AnaCap throws its hat into the ring
08 February 2012
Stocks march to the ‘market turn’ tune
(Re)insurers enjoy strong start to 2012 fuelled by positive commentary on reinsurance and US commercial rates
08 February 2012
Reserve strengthening weighs on The Hartford’s Q4
The Hartford reported Q4 net income of $127mn as further reserve strengthening exercises and write-downs weighed on its performance again
08 February 2012
RenaissanceRe beats Wall Street with $58mn Q4 operating profit
RenaissanceRe booked operating profits of $58.0mn or $1.11 per share for the fourth quarter that beat Wall Street consensus of $1.02 a share.
08 February 2012
Platinum reports Q4 net profit, but shareholders’ equity down 11% in 2011
Shareholders' equity was eroded 10.8 percent to $1.7bn through 2011 at Platinum Underwriters as the reinsurer fell to a net loss of $224.1mn for the year.
08 February 2012
Axis beats analysts with Q4 profit, but in the red for the year
Axis Capital was able to book fourth quarter operating and net profits despite reporting cat losses for the period that included Thai losses and creep from the New Zealand and Japanese earthquakes.
08 February 2012
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