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There are 68,919 results that match your search.68,919 results
  • Chartis strengthens reserves by $4.1bn
    American International Group's (AIG) P&C (re)insurer Chartis confirmed fears of under-reserving when it said last week that it will add $4.1bn to its loss reserves to protect it against adverse development in long-tail casualty classes.
    14 February 2011
  • Beazley returns $62mn after Hardy bid
    Beazley Group has returned $62mn to its shareholders since it walked away from takeover negotiations with Lloyd's rival Hardy in mid-December.
    14 February 2011
  • Zurich net income falls 13%
    Global insurance giant Zurich Financial Services reported a 13 percent year-on-year drop in net income to $3.4bn for 2010, led by falling returns from its general insurance division.
    14 February 2011
  • UK and China deals help boost Scor’s 1 January revenues
    Scor increased its gross written premium for its 1 January renewals by 13 percent to EUR2bn as the French reinsurer continues to outgrow its rivals.
    14 February 2011
  • IAG profits again hit by Equity Redstar losses
    Insurance Australia Group (IAG) has issued a profits warning covering the six months to 31 December 2010 after it suffered a further A$121mn loss from Lloyd's motor insurer Equity Redstar.
    14 February 2011
  • Freddie and Fannie proposals could reshape US cat market
    The Obama administration has laid out proposals for winding down mortgage giants Freddie Mac and Fannie Mae that could increase demand for earthquake (re)insurance and reshape the wider US cat market.
    14 February 2011
  • Validus underwriting profits slide despite reserve releases
    Underwriting returns deteriorated by 46 percent to $242mn for Validus in 2010, as it felt the impact of above average catastrophe losses.
    14 February 2011
  • Catlin grows 10% in 2010 but investments hit profits
    Catlin's pre-tax profit for 2010 dropped by a third from the previous year to $406mn as investment returns halved.
    14 February 2011
  • Beazley profits rise sends share price up 11%
    Lloyd's insurer Beazley reported a 59 percent year-on-year rise in pre-tax profit to $250.8mn for 2010, boosted by a large contribution from reserve releases and a $33.7mn one-off foreign exchange gain.
    14 February 2011
  • Reserve releases help RenRe to beat analysts
    Significant reserve releases from prior-year loss events contributed to RenaissanceRe's market-beating fourth-quarter combined ratio figures.
    14 February 2011
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