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  • Bermudian post-9/11 start-up Axis Capital announced a strident set of second quarter results last Tuesday (2 August), as net income increased year-on-year from $140.9mn or $0.84 a share, to $172.8mn or $1.13 a share – primarily driven by its...
  • French aviation pool La Reunion Aerienne has confirmed it is the lead insurer of the Air France passenger jet that crash-landed in Toronto on 2 August in atrocious weather conditions.
  • French aviation insurer La Reunion Aerienne is understood to be the lead insurer of the Air France passenger jet that crash landed in Toronto yesterday in atrocious weather conditions, according to sources.
  • The honeymoon period for new Aon chief executive Gregory Case continued today (3 August) after shares in the broking giant soared 16 percent on a strong second quarter.
  • US insurer Allmerica Financial Corp, announced last week that second quarter profits had more than doubled on the back of strong growth in the company's property and casualty segment.
  • American insurer WR Berkley Corp announced a second-quarter earnings increase of 26 percent last Monday (25 July) and confidently predicted high returns into 2006.
  • Helped by a 6 percent increase in net premiums written to $3.1bn, US insurer Chubb saw operating profits rise to $461mn, or $2.28 per share, from $341mn, or $1.77 a share, for the year earlier period.
  • Bermudian reinsurer PXRE has announced growth in net income to $43.5mn, or $1.30 per diluted share, compared to $32.3mn, or $1.20 per diluted share, in the second quarter of 2004.
  • Everest Re reported stable second quarter operating income last week (25 July), earning $173.3mn or $3.03 a share, compared to $174.4mn or $3.07 a share in the prior-year-period.
  • Hamilton headquartered reinsurance giant ACE came out ahead of consensus to book a 13 percent increase in operating profit to $443mn, or $1.50 per share, in its latest set of quarterly results. This compared with operating profits of $391mn, or $1.33 per