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RLI Q4 profits surge - dividend clarification
RLI Corp reported fourth quarter operating profits up 64 percent to $31.5mn as its underwriting performance benefited from the benign environment for cat losses and prior-year reserve releases.
23 January 2014
London acquisition drags HRH's earnings
London market broker Glencairn dragged the 2007 earnings of parent US broker Hilb Rogal & Hobbs' (HRH) down by $0.11 per share, it was revealed last week.
03 March 2008
Analyst upbeat on R&Q after Bermuda launch
Stockbroker Equity Development are upbeat about Randall & Quilter Investment Holdings (R&Q)'s prospects following its recent initial public offering and approval to establish a Bermudian reinsurer, R&Q Re (Bermuda) Ltd.
14 January 2008
Fresh ratings blow for Japan as insurers survive downgrade for now
Moody's Investors Service has fired a warning shot to Japanese policymakers by downgrading the outlook of the nation's credit rating to negative from stable, but its insurers have so far avoided a similar fate
22 February 2011
QBE Syndicate 386 ups profit outlook despite anaemic investment returns
The flagship Syndicate 386 for QBE's Lloyd's managing agent QBE Underwriting Ltd has released slightly increased profit forecasts for both the 2010 and 2011 underwriting years, despite being dampened by lower investment returns.
15 August 2012
Aon raids Willis for construction executives
Aon has swooped for key members of Willis’ well-regarded construction practice, Insider Week can reveal.
19 November 2007
XL shares slide further on downgrade fears
Shares in XL Capital slumped to below $20 in early July as three of the four major rating agencies warned they may downgrade the Bermudian (re)insurer as a result of exposure to doomed bond insurer Security Capital Assurance (SCA).
07 July 2008
ILS pricing to fall a further 5-10% in 2011
Cat bond pricing is set to fall in line with traditional rates in 2011, according to Aon Benfield's investment banking arm
02 February 2011
Allianz back in profit but fails to convince
A turnaround from 2002’s record EUR1.2bn loss to a healthy net profit of EUR1.6bn for 2003 failed to convince the markets as German insurer Allianz admitted it still had some way to go in the struggle to reverse the fortunes of its ailing banking arm Dres
23 March 2004
Levene announces 3yr strategic plan
Lord Levene used his ‘Chairman’s View’ lecture to the Insurance Institute of London speech at Lloyd’s on 24 November to announce a three-year strategic plan for market reform to be published next January. The chairman also used his lecture to warn the...
28 November 2005
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