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There are 69,023 results that match your search.69,023 results
  • Safeco P&C profit more than trebles
    US insurer Safeco has reported an increase in Q2 earnings to $247.5mn, or $1.77 per share, from $111.9mn, or 81 cents per share for the same period in 2003.
    26 July 2004
  • IPC Re continues to impress
    Bermudian (re)insurer IPC Re announced another set of strident results last Tuesday (20 July) as it booked net income of $72.1mn, or $1.49 a share for the second quarter, up from $63.2mn, or $1.31 a share in the same period last year.
    26 July 2004
  • US backing key for Capital IPO
    Capital Insurance Holdings, the Berkshire Hathaway backed Lloyd’s consolidation vehicle, is on schedule to float on the Alternative Investment Market next month after raising its target funding.
    26 July 2004
  • AWAC veteran Morrison bows out with Bermuda tribute
    Post-9/11 Bermudian start-up Allied World Assurance Holdings (AWAC) confirmed last Thursday (22 July) that veteran market figure and vice-chairman Michael Morrison will retire with effect from 1 October after half a century in the industry.
    26 July 2004
  • Equitas in $118mn Enpro asbestos settlement
    Environmental services company EnPro Industries has announced a $118mn “comprehensive agreement” with Lloyd’s reinsurer-of-last-resort Equitas in relation to its asbestos exposures.
    26 July 2004
  • Allianz embroiled in Spearmint spat
    More details have emerged of the dispute between insurer Allianz and lap dancing venue Spearmint Rhino, which is suing the German company in the UK’s Royal Courts of Justice for non-payment of claims..
    26 July 2004
  • Allstate rides wave of prosperity
    Northbrook-based insurer Allstate has said net income for the second quarter of 2004 surged 76 percent, helped by increases in property-liability underwriting income and lower catastrophe losses.
    26 July 2004
  • Taranto talks straight as Everest maintains strong showing
    Barbados-based (re)insurer Everest Re unveiled strong second quarter results last Monday (19 July), but listeners to the company’s conference call were treated to candid comments on rates and the state of the market, with softening across most lines of pr
    26 July 2004
  • Logan snaps up Creechurch
    Lloyd’s managing agent Creechurch has revealed more details of its takeover by The Logan Trust, a charitable organisation based in Gibraltar.
    26 July 2004
  • Converium’s shares in freefall after profit warning; questions over management
    The market’s negative response to last Tuesday’s (20 July) shock profit warning and announced reserve boosting by Swiss reinsurer Converium shows no sign of abating, as the company’s share price continues its slide to less than half its value one week ago
    26 July 2004
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