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There are 68,813 results that match your search.68,813 results
  • Hannover feels credit crunch; misses profit targets
    Hannover Re's operating profit was down 14.4 percent in the first half of 2008 to EUR400mn after being hit by a 24.1 percent fall in investment income in the period as the German reinsurance giant missed analyst targets.
    11 August 2008
  • Max Capital first half profits fall
    Earnings at expansive Bermudian (re)insurer Max Capital Group more than halved in the first six months of 2008, down to $82mn from $174.1mn in the prior-year period, despite a rise in investment income.
    11 August 2008
  • Catastrophes take their toll on AWAC
    Worldwide industrial and natural catastrophe losses helped dent Bermudian (re)insurer Allied World Assurance Company Holdings, Ltd (AWAC), which saw net income drop in the first half of 2008 to $210.2mn, against $237.2mn in the prior-year period.
    11 August 2008
  • Dresdner continues drag on Allianz; revises growth target
    German insurer Allianz Group's net earnings fell 28 percent to EUR1.5bn in the second quarter of 2008, due mainly to a poor result in its banking arm, Dresdner Bank, which reported a EUR566mn operating loss for the period.
    11 August 2008
  • Argo rides out storm losses to increase earnings
    Bermudian Argo Group International Holdings posted a first-half profit of $59.9mn for 2008 - a 30 percent increase despite being hit by storm losses.
    11 August 2008
  • WR Berkley poaches Beazley exec
    Beazley's underwriting team is set to suffer its second senior staff loss of the summer with the forthcoming departure of commercial property underwriter Alastair Blades to join US insurer W R Berkley.
    11 August 2008
  • Berkshire profits down as underwriting income halves
    Berkshire Hathaway saw net profits fall by around $1.9bn for the first six months of 2008 after reporting a $952mn loss on financial derivatives for the period and lower underwriting profits.
    11 August 2008
  • Marsh streamlining wins plaudits
    Marsh & McLennan Companies Inc (MMC) won plaudits last week for its restructuring initiatives after confirming that at least 2,000 jobs will be cut in 2008.
    11 August 2008
  • Allstate enters £5bn RBSI bid as Allianz remains coy
    US insurer Allstate is thought to have submitted a bid for Royal Bank of Scotland's up-for-sale insurance division (RBSI) of around £5bn, The Insurance Insider understands.
    11 August 2008
  • Willis Re makes senior appointments
    Willis Group Holdings has announced two senior appointments as part of an overhaul of its reinsurance arm, Willis Re.
    08 August 2008
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