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There are 68,963 results that match your search.68,963 results
  • Atrium give upbeat trading statement
    Lloyd’s insurer Atrium Underwriting gave an upbeat trading statement on 16 February with a mix of good results, lower storm loss estimates and predictions of positive conditions for the year ahead. Results exceeded forecasts for 2003, with a...
    20 February 2006
  • Converium ‘very satisfied’ with renewals
    Swiss reinsurer Converium is the latest company to report on the January renewal season, pronouncing itself “very satisfied” despite a 3 percent decline in non-life premium volume. During the January renewal season the company wrote...
    20 February 2006
  • ARIG report record profits
    Arab Insurance Group (ARIG) reported an 82 percent rise in net profits last year to a record of $48.2mn, up from $26.5mn in 2004. The record profit represents a 19.5 percent return on average shareholders’ equity, with the board of directors...
    20 February 2006
  • CNA falls to Q4 loss
    Chicago-based insurer CNA Financial posted a fourth quarter net loss of $217mn, or 92 cents per share, down from a net profit of $303mn, or $1.11 per share, in 2004. The company was hit by $223mn in commuted reinsurance contracts and...
    20 February 2006
  • Transatlantic scrapes 2005 net profit
    Transatlantic Holdings, the parent of Transatlantic Re, has announced 2005 net profits of $37.9mn, down from $254.6mn in 2004 after booking a fourth quarter net profit of $13.5mn, compared to $98.9mn in the prior-year period. Like many of its peers...
    20 February 2006
  • Arch rises above with Q4 profit increase
    Arch Capital was one of the few Bermudian (re)insurers to book a 2005 fourth quarter profit as it shrugged off relatively light hurricane losses and reported net profits of $100.9mn, or $1.34 a share – and increase on the $107.1mn or $1.45 a share...
    20 February 2006
  • Montpelier reports record loss; looks to the future
    Montpelier Re – one of the (re)insurers worst hit by last autumn’s storms – has reported a 2005 net loss of $752.9mn, or $10.49 a share, dramatically reversing the $240.3mn or $10.92 a share net profit made in the previous year.
    20 February 2006
  • Endurance worn down by hurricane losses
    Post-9/11 (re)insurer Endurance reported a 2005 net loss of $220.5mn, or $3.60 a share, a reversal of the $355.6mn, or $5.28 per share net profit made in the previous year, as it shared the hurricane-hit woes of its compatriots.
    20 February 2006
  • PXRE future in doubt
    The future of Bermuda’s PXRE is in doubt after the hurricane-decimated reinsurer admitted that it would “explore strategic alternatives” after losing its crucial A- (Excellent) AM Best financial strength rating.
    20 February 2006
  • RFIB opens Dubai office
    Lloyd’s broker RFIB Group has opened a representative office in Dubai as it aims to expand in the Middle East. RFIB has over twenty years experience of marine and non-marine business in the region and says it regards a permanent local presence key...
    20 February 2006
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