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Fourth profitable year in a row for Max Re
Bermudian firm Max Re Capital reported a fourth consecutive profitable year on the back of record fourth quarter net income.
12 February 2007
More records fall at PartnerRe
PartnerRe also reported record net income for 2006 on the back of the unexpected calm hurricane season.
12 February 2007
AXIS beats consensus with 2006 figures
John Charman's AXIS Capital Holdings Ltd beat consensus estimates and reported record results for last year on the back of the benign catastrophe season.
12 February 2007
SCOR recovers business after upgrades
French reinsurer SCOR has said that following last year’s rating upgrades into the crucial “A” territory it has “largely recovered its shares of business lost in 2002-2003”.
12 February 2007
Hannover Re sees premium growth at 1/1
German reinsurer Hannover Re reported premium growth of 2 percent in its total property and casualty reinsurance portfolio for the January renewals.
12 February 2007
Ironshore receives AM Best A- rating
Ironshore Insurance Ltd, the Bermuda-based $1bn insurer formed by the father-and-son team Bob and John Clements at the tail end of last year, has received an A- (Excellent) rating from AM Best.
12 February 2007
Endurance premiums rise on specialty growth
Endurance Specialty Holdings Ltd booked year-on-year premium growth in excess of 10 percent as it reported 2006 net profits of $498.1mn and record annual return on equity (ROE) of 25.6 percent.
12 February 2007
Beazley launches US commercial property business
Lloyd's insurer Beazley Group plc has announced that it will begin underwriting US commercial property business on an admitted basis.
12 February 2007
‘Gold-plated’ reinsurance key to Equitas deal
"Gold-plated" reinsurance was key to the landmark $7bn deal between Equitas and Berkshire Hathaway according to Scott Moser, CEO of the Lloyd's run-off vehicle.
12 February 2007
Besso appoints adviser to consider sale options
Besso Holdings Ltd, the London market broker which is set to announce a leap in profits for 2006, has appointed an adviser to consider its offers which could involve the sale of its shares.
12 February 2007
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