XL executives remain on alert to any further deterioration within the US subprime mortgage sector, but for now are confident the company's $1.2 billion of exposure remains a sturdy segment of its mult...
Two teenagers are about to embark on university and college education courses in North America with the help of an equal share in a $15,000 scholarship from the HWP Group.
Elkeisha Caisey and Cyniqua ...
IPC Re expects to be hit by a further $60 million of losses as a result of the latest UK flooding events, which occurred last weekend in central and southern parts of England. That figure matches expo...
Devastating losses from the floods in England and Australia during June have reduced IPC Holdings' second quarter profits by 75 percent.
The company, which is the sole owner of IPC Re, took a hefty fi...
XL Capital's second-quarter profits jumped $177 million year-on-year to $544.5m, with the impact of flooding in England during June and in Australia presenting relatively low pre-tax net losses of aro...
Everest Re's improved second-quarter profits of $282.9m came despite the company suffering catastrophe losses of $70.4m, with the bulk resulting from flooding in England and Australia.
The company is ...
Bermuda's insurance and reinsurance giant Ace Ltd. has recorded a 13 percent rise in its second quarter profits to $649 million, despite suffering catastrophe losses of $88m as a result of floods in t...
Profits fell almost $7 million at Montpelier Re during the second quarter of the year to $50.7m, with gross written premiums down $108m year-on-year.
The company did however improve its combined ratio...
Ariel Re is the latest Bermuda reinsurer to jump into the Lloyd's of London market, announcing it has reached an agreement to buy Atrium Underwriting for $396 million ($193.2m).
Don Kramer, president ...
PartnerRe bounced back from a tough first quarter, where it suffered losses as a result of the windstorm Kyrill in Europe, to record a year-on-year 35 percent increase in profits for the second quarte...
