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Investment gains boost Axis profits
Bermudian powerhouse Axis Capital has held up robust fourth-quarter net profits as its full-year net income almost doubled on strong realised gains in its investment portfolio.
14 February 2011
Greenberg's stock transfer unlikely to shield assets
According to reports in the US, ousted American International Group (AIG) chief Maurice "Hank" Greenberg's "gift" of almost all of his $2.3bn stock in the company may not be enough to shield his investment from future lawsuits.
19 April 2005
Florida hits RenRe top-line
The impact of legislative actions in Florida earlier this year was reflected in the top line shrinking by 18 percent at RenaissanceRe Holdings Ltd (Ren Re) as the reinsurer reported first quarter figures.
08 May 2007
ZFS outperforms on P&C strength
Insurance giant Zurich Financial Services (ZFS) reported half-year net profits of $1.96bn, up 9 percent on the first six months of 2005, and ahead of analysts’ consensus of $1.8bn.
08 September 2006
Way advising insurance buy-out fund
Stephen Way, the founder of HCC Insurance Holdings, has joined forces with a Chicago-based private equity firm to acquire businesses in the (re)insurance sector.
11 May 2007
Cat bonds on tornado watch
If tornado losses continue to stack up the ratings on two cat bonds could be affected, Standard & Poor's (S&P) has warned.
16 May 2011
Rebounding Mapfre shrugs off Chile hit
Spain and Latin America's largest (re)insurer Mapfre achieved an 8.7 percent increase in revenues for full year 2010, despite a EUR 106.1mn hit from the Chilean earthquake.
03 February 2011
Willis North America CEO Bailey heads to Allstate
Willis North America chairman and CEO Don Bailey has resigned and will join personal lines giant Allstate, The Insurance Insider can reveal.
22 November 2010
Mather gets top Ariel Re underwriting job
Ariel Re has promoted Ryan Mather to the new position of chief underwriter for reinsurance.
29 November 2010
A Bird in the Quackenbush
Lloyd’s is accused of trying to bribe the disgraced former Californian Insurance Commissioner Chuck Quackenbush in helping fight aggrieved US names. The disgraced former Californian Insurance Commissioner is facing allegations that he covered up a $400
01 March 2001
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