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There are 68,950 results that match your search.68,950 results
  • Montpelier grows platform, shrinks premium
    Montpelier Re Holdings Ltd reported stable second quarter operating profits of $54mn as it took a $30.5mn hit from UK and Australian flood losses in the period, partially offset by reserve releases and an increase in investment income.
    30 July 2007
  • Arch income on the rise
    Bermudian (re)insurer Arch Capital Group reported a healthy 44 percent rise in its net income of $199.4mn, or $2.65 per share, for the second quarter of this year.
    30 July 2007
  • Bermudian giants see profits rise despite cats
    Bermudian giants ACE Ltd and XL Capital announced catastrophe charges of $88mn and $30mn respectively for the UK, US and Australian floods in their second quarter results last week.
    30 July 2007
  • RI3K and Xchanging tie-up to develop Bermuda platform
    Xchanging will announce tomorrow it has signed a Memorandum of Understanding (MOU) to partner RI3K in building an end-to-end processing platform for Bermuda’s (re)insurance market, Insider Week can reveal.
    30 July 2007
  • Industry counts rising cost of floods
    Loss estimates continue to flow in as the (re)insurance industry feels the impact of UK floods that could cost carriers in excess of £3bn.
    30 July 2007
  • Brit restructures operations
    UK insurer Brit Holdings plc announced the creation of an independent underwriting advisory forum as part of a group restructure.
    30 July 2007
  • IPC shares hit in volatile market
    Shares in IPC Holdings fell sharply last week as the Bermudian cat reinsurer followed a profits warning earlier this month with confirmation last week of a second quarter net hits of $62.6mn and $50.1mn respectively from UK and Australian storms and flood
    30 July 2007
  • Acquisitive HRH boosts 1H results with supplemental commissions
    Contrasting performance on organic growth was highlighted by analysts as Arthur J Gallagher & Co (AJG) and Hilb, Rogal & Hobbs (HRH) reported total revenues up for the second quarter.
    30 July 2007
  • Max Re strong quarter despite premium income drop
    Max Capital Group Ltd reported a strong second quarter, with net income increasing 477 percent over the prior-year period, to $94.1mn, or $1.45 per diluted share, despite gross premium income falling to $241.5mn from $284mn for the second quarter 2006.
    30 July 2007
  • Bruising week for (re)insurance stocks following sell-off
    Despite a liberal sprinkling of “record” results in last week’s interims, it was a bruising week for (re)insurers on both sides of the Atlantic as equities slumped on the back of continuing fears in the global credit markets.
    30 July 2007
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