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There are 68,936 results that match your search.68,936 results
  • Deloitte forecasts £1bn UK motor losses in 2010
    Global accountancy firm Deloitte has predicted losses of £1bn for UK motor insurers in 2010, but said it believes the industry could return to profitability by 2011 if it increased rates sufficiently.
    01 November 2010
  • Brit trims sails as Apollo deal gets green light
    As Brit Insurance accepted Apollo Management-CVC Capital Partners' cash offer last week (26 October), its interim management statement showed an unwillingness to chase top-line growth so far this year.
    01 November 2010
  • P&C revenues rise at Axa despite underwriting cutbacks
    French insurer Axa has reported a 0.7 percent lift in property and casualty (P&C) insurance revenues to EUR21.4mn for the first nine months of 2010, with growth in personal lines offsetting a decline in commercial business.
    01 November 2010
  • Mapfre dented by banking losses
    Spanish (re)insurer Mapfre reported a 5.2 percent slide in year-on-year net profits for the first nine months of 2010 to EUR704.5mn, although revenues grew over the period by 9.2 percent to EUR15.7bn ($21.7bn).
    01 November 2010
  • Class action settlement dents Allstate’s profits
    US insurance giant Allstate booked lower Q3 profits than anticipated by analysts following a $70mn pay-out to settle litigation.
    01 November 2010
  • Profits flat at WR Berkley as it beats expectations
    Specialty insurer WR Berkley saw profits slip by a modest 4 percent to $94mn in the third quarter, as it resisted the downward pressure that softening rates and torpid investment returns have been placing on bottom lines.
    01 November 2010
  • Arch books 48% drop in net income
    Bermudian (re)insurer Arch Capital revealed a 48 percent drop in net profit for the third quarter of 2010 to $141.6mn, as investment income and net earned premiums shrank.
    01 November 2010
  • Aspen feels NZ quake impact
    Aspen Insurance Holdings reported a 36 percent drop in third quarter net income to $92.8mn, with market conditions described by CEO Chris O'Kane as "highly challenging".
    01 November 2010
  • RenRe's income drops as NZ quake claims hit
    Bermudian (re)insurer RenaissanceRe's third quarter net income dropped 21 percent year-on-year to $204.8mn, with the fall attributed primarily to a $73.6mn hit from the New Zealand earthquake.
    01 November 2010
  • Endurance beats consensus
    Shares in Endurance edged upwards last week after it posted higher-than-expected quarterly profits of $139mn.
    01 November 2010
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