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There are 68,960 results that match your search.68,960 results
  • PXRE heads for run-off after net income plummets
    Beleaguered Bermudian reinsurer PXRE Group admitted it was heading towards run-off after announcing today (8 August) that its net income had slipped to $2.1mn for the second quarter.
    08 August 2006
  • Hannover on target for 2006
    German reinsurer Hannover Re said today (8 August) it is on target to reach its annual return on equity target of 15 percent, despite producing a relatively modest increase in group net income of 4.2 percent for the first half of the year.
    08 August 2006
  • AXIS powers to record Q2 profit
    Bermudian powerhouse AXIS Capital yesterday (7 August) reported record second quarter net income of $223.4mn, or $1.37 a share, up 29 percent on the prior-year period on the back of increased investment income.
    08 August 2006
  • Converium continues on road to recovery
    Swiss reinsurer Converium continues its recovery with another improved quarterly performance, reporting net income of $62.5mn today (8 August), compared with $46.9mn in the prior-year period.
    08 August 2006
  • White Mountains Re reshuffles management
    Bermuda-based White Mountains Re has reshuffled its management team, with Chuck Chokel, previously managing director and general auditor at parent White Mountains Insurance Group, appointed...
    07 August 2006
  • R&SA completes Irish deal
    UK general insurer Royal & SunAlliance (R&SA) announced last week (1 August) the cash acquisition of Irish insurer EGI Holdings Limited for EUR25.3mn (£17.3mn), subject to regulatory approval.
    07 August 2006
  • Sinclair appointed president and COO at Aspen
    Aspen Insurance Holdings Limited today (7 August) announced the appointment of Stuart Sinclair as its president and chief operating officer.
    07 August 2006
  • AXA produces 'strong first half'
    French giant AXA said it had produced a "strong first half" performance with underlying earnings up 19 percent to EUR2.1bn.
    07 August 2006
  • Lancashire launches Sirocco sidecar
    "Class of 2005" start-up Lancashire Holdings Ltd has invested $20mn in a new Bermudian sidecar operation named Sirocco Re, it announced today (7 August).
    07 August 2006
  • Munich Re profits leaps to EUR2.1bn; S&P upgrade more likely
    German reinsurer Munich Re announced half-year profits of EUR2.1bn on 3 August, a leap of 143 percent from last year, driven by both strong underwriting and investment returns.
    07 August 2006
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