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There are 68,919 results that match your search.68,919 results
  • Xchanging stock halves on profits warning and CEO departure
    Shares in London market back office provider Xchanging more than halved in value today (9 February), after the UK outsourcing firm posted a profits warning and its founding CEO David Andrews stepped down.
    09 February 2011
  • FSA chief warns UK industry to engage with Europe
    The UK insurance industry must increase its lobbying efforts in the European Union as domestic influence becomes less relevant, according to the head of the UK's Financial Services Authority (FSA) Hector Sants
    09 February 2011
  • Platinum falls to Q4 loss on cat loading
    Bermudian reinsurer Platinum Underwriters has reported a $17.7mn fourth-quarter net loss on cat losses of $78.1mn, led by the New Zealand earthquake and a $9.9mn charge from Australian floods
    09 February 2011
  • Chartis strengthens long-tail reserves by $4.1bn
    American International Group's (AIG) property and casualty (re)insurer Chartis has said that it will add $4.1bn to its loss reserves to protect against adverse development in long-tail casualty classes
    09 February 2011
  • UK ‘big chill’ losses double to £1.4bn
    The UK insurance industry took a £1.4bn hit from the freezing weather that brought the nation's economy to a stand-still for much of December - twice the amount it paid out for the previous winter
    09 February 2011
  • XL Q4 results up despite Oz losses
    XL Group reported a $23mn fourth quarter loss on Australian flooding but still posted a quarterly profit of $188mn, turning around the $40mn loss reported in the same period of 2009
    09 February 2011
  • Merger boosts Alterra results
    Bermudian (re)insurer Alterra reported a 23 percent rise in full-year net income to $302.3mn as its merger last May helped to boost premium income in 2010
    09 February 2011
  • Xchanging shares tumble on CEO departure and profits warning
    The founding CEO of Xchanging David Andrews has resigned with immediate effect, sending the firm's shares into freefall this morning (9 February).
    09 February 2011
  • Axis delivers profit on investments gains and solid combined ratio
    Bermudian powerhouse Axis Capital has held up robust fourth-quarter net profits as its full-year net income almost doubled on strong realised gains on its investment portfolio.
    09 February 2011
  • RenRe reserve releases send combined ratio below 20%
    Significant reserve releases from prior-year loss events contributed to RenaissanceRe's market-beating fourth-quarter combined ratio figures.
    09 February 2011
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