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There are 68,940 results that match your search.68,940 results
  • $150mn Ibis Re cat bond takes flight
    Specialty US property insurer Assurant Inc has successfully launched its first cat bond – the $150mn US wind bond Ibis Re Ltd Series 2009-1 – our sister publication Trading Risk reported earlier this week.
    01 May 2009
  • Travelers profits dip and WR Berkley falls to loss as investment pain continues
    US insurance giant The Travelers Companies saw its Q1 net income fall by around a third from $967mn to $662mn on lower investment income and investment impairments.
    01 May 2009
  • Fitch goes negative on Hannover Re
    Ratings agency Fitch has revised its outlook on Hannover Re from stable to negative, citing the German reinsurance giant's "weak underlying underwriting performance in 2008" and the challenging market conditions ahead.
    01 May 2009
  • Fairfax slips to Q1 loss on equity strategy
    Fairfax Financial Holdings - roundly lauded for sector beating results in 2008 as a result of canny credit derivative bets - has fared less well in the first quarter of 2009, slipping to a $60.4mn net loss caused by its enthusiasm for equities.
    01 May 2009
  • Endurance sets sight on $200mn Florida sidecar
    Bermudian (re)insurer Endurance Specialty Holdings is marketing a collateralised Florida-only sidecar vehicle to provide it with additional reinsurance capacity at the fast-approaching US mid-year renewal season, The Insurance Insider can reveal.
    01 May 2009
  • White Mountains Q1 "okay": chairman
    Bermudian insurer White Mountains posted a first quarter net loss of $9mn, compared to break-even in the first quarter of last year - a result which chairman and CEO Ray Barette described as "an okay quarter".
    01 May 2009
  • Crop losses dent RenRe; Everest/Arch/Axis profits; Aspen/Montpelier/Partner up
    A septet of Bermudians have reported mixed Q1s; RenaissanceRe (RenRe), Everest Re and Arch Capital saw a drop in operating profits while Aspen Insurance reported higher profits on improved investment returns.
    01 May 2009
  • The Hartford slumps to $1.2bn Q1 loss; suspends Japanese/UK VA writing
    Troubled US insurer The Hartford Financial Services Group has slumped to a $1.2bn first quarter net loss, as it took a heavy charge to reflect the impact of equity market declines on future profits in its life operations, and announced a restructuring of
    01 May 2009
  • WR Berkley also confirms Lloyd's syndicate with £55mn capacity
    WR Berkley has confirmed the launch of its Lloyd's platform headed by former Brit Insurance executive Mike Sibthorpe, a move first revealed by The Insurance Insider.
    01 May 2009
  • Willis Q1 fuelled by international and London units
    A strong performance from Willis Group's international and London market operations ensured a healthy 29.8 percent adjusted operating margin for the global (re)insurance broker in its first quarter.
    01 May 2009
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