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  • HCC Insurance Holdings was praised today (29 March) by Raymond James & Associates Inc’s insurance analyst Greg Peters for both its operational performance and levels of transparency.
  • Canadian conglomerate Fairfax Financial Holdings Ltd bounced back to a third quarter profit of $253.2mn from a loss of $359.2mn in the prior-year period.
  • Lloyd’s insurer SVB showed signs of a continuing turnaround last week, announcing a trebling of operating profits and combined ratio recovering to below 100 percent.
  • French reinsurer SCOR enjoyed a 6.3 percent bounce in its shares on Friday after the ratings agency AM Best affirmed its BB+ financial strength rating with positive outlook while also upgrading some of the reinsurer’s senior and subordinated debt instrume
  • Another year of strong organic growth from Jardine Lloyd Thompson Group (JLT)'s insurance operations was marred by its reinsurance arm, where trading margins dropped by more than a third
  • Canadian (re)insurance conglomerate Fairfax Financial Holdings has declared its 165p a share cash offer for Lloyd’s (re)insurer Advent Capital Holdings Plc unconditional after securing a controlling interest in the company, as the Advent board reiterated
  • Munich Re's full-year profits slid by 5 percent to EUR2.43bn as it reported that catastrophes had cost it EUR495mn in the final quarter of 2011 and pushed its full-year combined ratio over 100 percent.
  • When Standard & Poor's (S&P) raised France-based reinsurer SCOR's rating from "BBB+" to "A-" this month it was yet another positive sign that the firm has returned to a position of profitability and stability.
  • Berkshire Hathaway remains embroiled in a dispute with global reinsurer Swiss Re over a life reinsurance transaction that the investment conglomerate has claimed could cause damages of up to $1bn.
  • A New York court has ruled against Aon in its ongoing poaching case with Alliant. Aon accused the rival firm and former senior Aon construction broking executive Michael Cusack of breaching an injunction that bars Alliant from poaching Aon employees and clients.