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There are 68,946 results that match your search.68,946 results
  • 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
  • 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
  • ‘Outstanding quarter’ for US insurance duo
    Insurers Chubb Corp and WR Berkley began the second period US results season by reporting rising profits in an “outstanding quarter”.
    30 July 2007
  • Reinsurers treating UK flood losses as separate events
    The final cost of this summer’s UK floods on the reinsurance industry is still unknown but there is little doubt that they will be treated as at least two distinct losses.
    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
  • QBE frustrated by Names’ exit expectations
    QBE has demanded major reform at Lloyd’s after complaining that the Society’s members’ agents refused to recommend an increased bid to buy out Names’ capacity on its flagship Syndicate 386.
    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
  • 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
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