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There are 68,942 results that match your search.68,942 results
  • ACE and XL profits rise despite cat losses
    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 yesterday.
    25 July 2007
  • Novae upbeat as forecast improve
    Lloyd’s insurer Novae has issued an upbeat trading statement with improvements to its syndicate forecasts, a decrease in run-off expenditure and a better-than-expected assessment of the rating environment.
    25 July 2007
  • 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.
    25 July 2007
  • Validus sets lower IPO price at $22
    Bermudian (re)insurer Validus Holdings will make its debut on the New York Stock Exchange today (25 July) with shares priced at $22, below the $24-26 range it set at the beginning of the month.
    25 July 2007
  • London market reinsurers suffer blow in Korean dispute
    London market reinsurers led by Allianz have suffered a blow following a High Court decision in their controversial EUR44.3mn dispute with the North Korean national reinsurer.
    24 July 2007
  • Earnings up at early reporting Bermudians
    Bermudian reinsurers Everest Re Group and PartnerRe Ltd emerged relatively unscathed from high-profile second quarter Australian and UK cat events to report net earnings increases of 28 percent and 35 percent, respectively, for the period.
    24 July 2007
  • UK floods could cost over £3bn
    The summer floods could cost the insurance industry more than £3bn ($6bn), warned Fitch Ratings this morning.
    24 July 2007
  • ARC makes additions to board
    The Association of Run-Off Companies (ARC) has announced a number of changes to its board adding three new appointments while its deputy chairman, Peter Abbott, has stepped down.
    23 July 2007
  • Rates continue to fall on financial and professional risks
    London market professional risks insurers have continued to suffer falling rates during the second quarter of 2007, with reductions of up to 20 percent in the period for directors and officers (D&O) risks, according to broker Willis.
    23 July 2007
  • Unitas snares Boucher to drive underwriting agency
    Broking network Unitas Alliance has confirmed the appointment of former Endurance Worldwide Insurance Ltd CEO Mark Boucher as non-executive chairman of its new underwriting agency, as revealed in the July issue of The Insurance Insider.
    23 July 2007
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