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2Qs show extent of softening rates
The 2008 second quarter results - which began in earnest last week - demonstrate that rate softening has now become more "entrenched", according to Morgan Stanley.
28 July 2008
Normal tropical cyclone season, predicts Guy Carpenter
Despite a widely predicated active hurricane season in the Atlantic, reinsurance broker Guy Carpenter is not expecting a particularly turbulent year for cyclone activity in the Pacific.
28 July 2008
Advent shares slide as cat losses bite
Lloyd's (re)insurer Advent Capital Holdings plc share price fell by over 5 percent in early trading today after revealing the extent of the year's heavy catastrophe claims.
28 July 2008
Arch stays ahead of analyst estimates
Bermudian (re)insurer Arch Capital Group Ltd has seen second quarter net income fall slightly to $192.3mn or $2.92 per share, compared to $199.4mn or $2.65 per share, in the prior-year period.
28 July 2008
AEGON in £250mn life securitisation
Dutch insurance giant AEGON has closed a £250mn value in-force (VIF) life insurance securitisation with Barclays Capital that unlocks cash tied up in its primary UK subsidiary, Scottish Equitable.
28 July 2008
Advent shares slide as cat losses bite
Lloyd's (re)insurer Advent Capital Holdings plc share price fell by over 5 percent in early trading after revealing the extent of the year's heavy catastrophe claims.
28 July 2008
New Beazley Group CEO upbeat despite £45mn profit fall
Andrew Horton has made his first public appearance as the new Beazley CEO Lloyd's insurer became the first to report its 2008 interims.
25 July 2008
Max Capital buys Lloyd's insurer
Max Capital Group has become the latest Bermudian (re)insurer to acquire a Lloyd's platform after buying Imagine Group (UK) Ltd.
25 July 2008
Munich Re shares slide 11% on profits warning
Munich Re shares have fallen more than 11 percent this morning after the company issued a profits warning for the second quarter and full-year 2008 as its investment performance suffers amid capital markets turmoil.
25 July 2008
Beazley posts income down at £45mn
Beazley Group posted credible half-year results this morning (25 July) as it became the first Lloyd’s insurer to report its 2008 interims.
25 July 2008
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