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There are 68,868 results that match your search.68,868 results
  • Everest Re: earnings still climbing
    Everest Re Group announced a 64 percent increase in quarterly net income last week, helped by higher premium rates. The Bermuda-based reinsurer said gross premiums written for the third quarter of 2003 were $1.24bn, a 75 percent increase on the $708mn
    27 October 2003
  • 'Healthy market' bolsters IPC results
    IPC Holdings last week reported net income of $62.1mn for the quarter ended September 30, or $1.29 per share, compared to $45.8mn, or $0.95 per share, for the third quarter of 2002.
    27 October 2003
  • Scottish Re pays $151mn for ERC Life
    Bermudian life reinsurer Scottish Re Group Ltd has agreed to pay $151mn cash for 95 percent of Employers Re’s life reinsurer, ERC Life Reinsurance Corporation.
    27 October 2003
  • AIG posts solid results despite CAT losses and higher reserves
    American International Group (AIG) posted record profits for the third quarter of 2003 last week despite higher catastrophe losses and a $2bn increase in reserves.
    27 October 2003
  • New financial guarantor called Channel Re
    Bermuda’s new financial guaranty reinsurer – backed by RenaissanceRe, Partner Re, Koch Financial and MBIA – will be called Channel Re.
    27 October 2003
  • Last-minute reprieve for Credit Lyonnais
    The US Justice Department has offered the French government more time to renegotiate a settlement in a long running fraud case, the Wall Street Journal reported this week.
    27 October 2003
  • Gerling upgraded following cash injection
    Rating agency Standard & Poor’s upgraded Gerling General Insurance Company (GKA) last week to BBB (outlook positive) from BBB- (outlook positive), following Gerling’s recent EUR150mn cash injection.
    27 October 2003
  • Odyssey Re upbeat on 3Qs
    Odyssey Re will surpass analysts’ expectations when publishing its third quarter results on Thursday (30 October), the company revealed last week.
    27 October 2003
  • Catlin bolsters management
    Catlin Group Ltd, the Bermudian parent of blue-chip Lloyd’s insurer Catlin Underwriting Agencies, continued to bolster its management team last week with three new non-executives appointed to the board.
    27 October 2003
  • Organic growth boosts Willis results
    Broker Willis announced record 2003 third-quarter results last week on the back of strong revenue growth.
    27 October 2003
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