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There are 68,868 results that match your search.68,868 results
  • ACE shows solid performance
    Bermudian giant ACE has announced a solid set of third quarter results, returning earnings per share (EPS) of $1.04, almost double the same period last year and topping analysts’ projections by 2 cents.
    03 November 2003
  • AM Best downgrades Hannover Re to A
    The downward ratings migration of major reinsurers continued last week with the AM Best reduction of Hannover Re’s financial strength rating to A from A+.
    03 November 2003
  • Insider Shorts
    PICC raises $693mn in IPO PICC Property and Casualty Co Ltd, China’s largest property insurer, successfully raised $693mn in a Hong Kong IPO last week.
    03 November 2003
  • Fairfax returns to loss
    Despite the clement underwriting conditions, Canadian insurance combine Fairfax Financial Holdings returned to loss in the third quarter after failing to realise any meaningful investment gains.
    03 November 2003
  • Hard market boosts Chubb earnings but investors criticise reporting
    Chubb Corp posted a Q3 profit last week, reversing last year’s loss for the same quarter driven by asbestos reserve strengthening.
    03 November 2003
  • Wellington share price fails to take account of Aspen IPO
    The share price of Lloyd’s insurer Wellington Underwriting is undervalued by at least 20 percent because it fails to take account of the imminent Aspen IPO, claims London stockbrokers Altium Capital.
    03 November 2003
  • Schroeder calls for greater accountability
    Former Morgan Stanley analyst Alice Schroeder has called for underwriters to take more responsibility for their actions and for a return to sound principles of underwriting to mitigate the effects of the cyclical market.
    03 November 2003
  • WTC set for February 2004 trial
    If a potential mediation fails, then February 2004 has been scheduled for the start of the World Trade Center dispute between the leaseholder, Silverstein Properties Inc, and various insurers led by Swiss Re.
    03 November 2003
  • California brushfires loss spreads wide
    The devastation reaped by the Californian brushfires will be spread throughout the US P&C sector, according to analysis by stockbrokers Collins Stewart.
    03 November 2003
  • Putnam under pressure, CEO resigns
    MMC Group’s embattled fund company Putnam Investments saw the desertion of more of its clients last week following allegations of irregular trading.
    03 November 2003
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