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There are 68,868 results that match your search.68,868 results
  • Endurance keeping pace
    Post 9/11 start-up Endurance kept its pace into the third quarter, almost doubling net income for the period from $28.9mn to $56.5mn, or $0.83 per diluted share compared to $0.48 in 2002. Net income for the year-to-date stands at $174.5mn, or $2.68 per sh
    11 November 2003
  • Raised capital rebuilds balance sheets not future growth, says ‘cynical’ Fitch
    Fitch Ratings upped the stakes in its robust stance with reinsurers last week when it questioned the motives behind the latest round of capital raising.
    11 November 2003
  • Illium 4040 gets Lloyd’s green light with underwriting capacity over £80mn
    Liability start-up Illium announced last week that it had received Lloyd’s approval for its Syndicate 4040 to begin underwriting from 1 January 2004 with significant backing from US insurer HCC Insurance Holdings secured.
    11 November 2003
  • St Paul buoyant on premium growth
    Insurer St Paul Companies Inc reported Q3 earnings per share of 95 cents up on 52 cents for the same period in 2002.
    03 November 2003
  • AWAC applauds strong 3Qs
    Bermudian insurer Allied World Assurance Holdings revealed its annual gross written premiums have breached the $1bn barrier in its second year of trading.
    03 November 2003
  • Lloyd's closes GoshawK Syndicate 102
    GoshawK's Syndicate 102 has been placed in run-off following discussions with Lloyd's and the Financial Services Authority.
    03 November 2003
  • Catlin looks to London for IPO
    Catlin looks set to continue the trend for preferring London to New York for insurance IPOs, according to sources.
    03 November 2003
  • Montpelier Re looks to grow casualty following Lloyd’s QQS withdrawal
    Montpelier Re unveiled more impressive results last week – its combined ratio for the first nine months of 2003 is averaging below 50 percent – but revealed that it has seen a slowdown in writing Lloyd’s qualifying quota share reinsurance.
    03 November 2003
  • XL: Adverse development dents earnings, but outlook remains strong
    Bermudian (re)insurer XL Capital announced stronger than expected operating earnings on the back of underwriting results that beat previous projections.
    03 November 2003
  • Converium responds to concerns over GMDB exposures
    With investors still spooked by CIGNA’s $1bn mea culpa over its variable annuity death benefit losses last year, Converium addressed its guaranteed minimum death benefit (GMDB) exposures while revealing its third quarter results last week.
    03 November 2003
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