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There are 68,999 results that match your search.68,999 results
  • Max Re earnings stay strong
    Max Re announced on 4 February that 2004 full year net income was up from $120.6mn to $133.7mn, or $2.75 a share, as fourth quarter profits rose from $36.4mn for the three months ended 31 December 2003, to $87.1mn for the last quarter of 2004.
    21 February 2005
  • Arch on the rise
    Post-9/11 start-up Arch Capital last Monday (14 February) reported 2004 net profits of $107.1mn, or $1.45 a share for the fourth quarter and $316.9mn or $4.37 a share for the full year, compared to $83.7mn or $1.22 a share and $280.6mn or $4.14 a share re
    21 February 2005
  • Converium makes it through renewals
    Converium appears to have survived the worst of the 1/1 renewals, according to the reinsurer. In a conference call on 17 February, CEO Dirk Lohmann told analysts he was “very happy” with the results of the renewals, which saw the retention of 63 percent o
    21 February 2005
  • Munich Re returns to profit
    World’s largest reinsurer Munich Re turned 2003’s €434mn loss – its first loss since WWII – into an impressive €1.8bn profit for 2004 on the back of a strong recovery in its ERGO primary insurance unit.
    21 February 2005
  • Pleural plaques ruling goes against insurers
    A UK court has ruled that insurers will have to pay compensation to thousands of people with pleural plaques, the scarring on the lung lining that indicates exposure to asbestos.
    21 February 2005
  • Bush acts on tort reform
    The first breakthrough in passing meaningful tort reform in the US came on Friday (18 February) as President George Bush signed the Class Action Fairness Act into law in the first bill signing ceremony of 2005.
    21 February 2005
  • Guilty pleas mount as probe deepens
    A further three employees have pleaded guilty to criminal charges in connection with bid-rigging investigations by New York attorney general Eliot Spitzer.
    21 February 2005
  • QBE appoints McBride to new claims role
    QBE revealed last week that it has appointed Andrew McBride to the newly created role of Claims Director to its European Commercial division.
    21 February 2005
  • Protests lodged on Brandywine sale
    The first signs of protest over ACE Ltd’s proposed sale of its asbestos reinsurance exposures to run-off company Randall & Quilter Investments Holdings Ltd occurred last week when four of ACE’s rivals protested to the Pennsylvanian insurance regulator.
    21 February 2005
  • Endurance keeps up growth
    Fast growing post-9/11 start-up Endurance last Wednesday (16 February) reported 2004 profits well up on the previous year as it shrugged off the impact of the season's catastrophe losses.
    21 February 2005
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