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There are 68,875 results that match your search.68,875 results
  • Partner Re hits record half year
    Bermuda’s Partner Re reported operating earnings of $104.9mn, or $1.93 for the second quarter, up from $89.9mn, or $1.67 a share in the same quarter of 2003.
    02 August 2004
  • Endurance continues growth path as capital management plan kicks in
    Fast growing post-9/11 start-up Endurance reported a 72 percent surge in second quarter net income last week (26 July), booking $114.8mn, or $1.69 a share, compared to $66.8mn or $0.99 a share in the second quarter of 2003.
    02 August 2004
  • Capital withdraws Lloyd’s consolidation IPO
    The Lloyd’s consolidation vehicle Capital Insurance Holdings postponed its Alternative Investment Market float last week after failing to attract sufficient support from UK investors.
    02 August 2004
  • Pender litigation may be extended to include former Willis employee
    It was a litigation double whammy for telecom giant Cable & (C&W) last week with the opening skirmishes in London’s Royal Courts of Justice of two commercial actions relating to its former captive insurer Pender Ltd.
    02 August 2004
  • Interest rates hit fails to check White Mountains ascent
    Despite strong underwriting results, fast growing Bermudian-based (re)insurance group White Mountains saw its second quarter earnings hit by rising interest rates, as $139mn of after-tax unrealised losses on its fixed income portfolio contributed to a $38
    02 August 2004
  • Renaissance Re continues to outperform
    High performance Bermudian outfit Renaissance Re smashed analysts’ consensus estimates for the second quarter as it reported operating earnings per share of $2.00, against a projected $1.65, driven by strong underwriting results and favourable reserve dev
    02 August 2004
  • Chubb beats expectations, raises 2004 estimates
    US (re)insurer Chubb announced estimate beating results last Tuesday, with second quarter net income up 41 percent to $356.1mn, and net income per share up 28 percent to $1.85.
    02 August 2004
  • Arch on the rise
    Bermudian Arch Capital announced strong second quarter results last Thursday (29 July), booking net income for the second quarter of $104.3mn, or $1.42 a share, against $61.8mn, or $0.91 a share for the comparable quarter last year.
    02 August 2004
  • AM Best sees ‘modest improvement’ in UK underwriting
    In its initial review of the aggregate statistics of the UK non-life primary market Ratings agency AM Best has said that, as expected, 2003 saw a modest continuation of the improvement in underwriting results seen since 2000. According to company regulato
    02 August 2004
  • Montpelier outperforms; Tony Taylor commits
    Bermudian “class of 2001” reinsurer Montpelier Re announced another strong set of quarterly results last Tuesday (27 July), and revealed that chairman, president and CEO Tony Taylor’s tenure will be extended for a further three years up to the end of 2007
    02 August 2004
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