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Aspen buoyant at midway point of first listed year
Bermudian (re)insurer Aspen Insurance Holdings has announced net income of $80.9mn, or $1.13 per diluted share, for the second quarter of 2004.
09 August 2004
Fairfax profits fall on lower investment gains
Canadian financial services holding company Fairfax Holdings has reported a 74 percent fall in second quarter profits against the same period in 2003 when the company recorded big investment gains.
09 August 2004
Willis insiders continue to sell stock
Senior Willis executives continued to sell their stock in the New York Stock Exchange listed broker, last week.
09 August 2004
CNA bags big Q2 earnings rise
On 29 July it was the turn of insurer CNA to post its results for the second quarter of 2004.
09 August 2004
Commission income boosts HCC
Specialty insurer Houston Casualty Company (HCC) said its profits had risen steeply in the second quarter of 2004 on the back of higher premiums and commission income.
09 August 2004
Platinum almost doubles profits
On 4 August Platinum Underwriters said net profits for the second quarter of 2004 had reached $49.8mn, or $1.01 per share, against $26.6mn, or 57 cents per share for the second quarter of 2003.
09 August 2004
St Paul legacy casts shadow over Travelers
In its debut reporting as a combined entity, merged US insurer The St Paul Travelers Companies announced a second quarter loss last Wednesday (4 August), after concluding its recently revealed $1.587bn pre-tax reserve adjustment would have to be charged a
09 August 2004
Markel gets Kinnected
Lloyd’s specialty property and casualty insurer Markel International has become the first insurer of 2004 to sign up to the Kinnect Platform.
09 August 2004
Talbot appoints XL’s Gilles Bonvarlet
Talbot Underwriting, the private equity backed Lloyd’s insurer, has continued to bolster its management team by announcing last week that XL’s London Market managing director Gilles Bonvarlet will join the group later this year as chief operating officer.
09 August 2004
Profits up, revenues down, as PXRE completes refocus
Bermudian PXRE continued its drive to become a Cat and Risk Excess only reinsurer as it reported second quarter net income up 51 percent, but revenues and net premiums down 20 and 17 percent respectively, with the withdrawal from the last of its Finite ri
09 August 2004
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