131 results returned for search: "" category "Re-Insurance" author David Fox, Business Editor
RenaissanceRe Holdings Ltd continued strong underwriting profitability during the second quarter of 2014 — but with a notable drop in gross premiums written and underwriting income.
The Bermuda reinsurer last night reported underwriting income of $99...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
White Mountains Insurance Group, Ltd yesterday reported net income attributable to common shareholders of $96 million for the second quarter and $191 million for the first half of the year.
The results compared favourably to $26 million and $147 mill...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
XL Group plc yesterday announced a second-quarter net loss attributable to ordinary shareholders of $279.3 million compared to net income of $272.7 million in the prior year quarter, primarily due to a $621.3 million after-tax loss on the sale of the...
DATE: Jul 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda reinsurer Montpelier Re Holdings Ltd yesterday posted second-quarter earnings figures highlighted by strong underwriting profitability.
A leading provider of short-tail reinsurance and other speciality lines, Montpelier’s results included a 7...
DATE: Jul 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Allied World Assurance Company Holdings yesterday reported net income of $151.9 million for the second quarter of 2014 compared to a net loss of $1.9 million for the second quarter of 2013. Operating income was $76.1 million, down from $103.5 million...
DATE: Jul 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Investors will soon have an opportunity to ride the star of top Bermudian insurance executive, Brian Duperreault and his latest corporate venture.
The Hamilton Insurance Group may go public as early as next year, as the company continues to swiftly b...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Faced with unprecedented structural changes as a result of a flood of capital markets money seeking to cash in on writing reinsurance risks, the global reinsurance industry faces a fight for survival. But one top broker has proposed a shift in thinki...
DATE: Jul 01, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
A former insurance boss, who now heads the public-funded agency designed to grow international business, has predicted five more years of soft rates for Bermuda reinsurers.
And Bermuda Business Development Agency chairman David Cash also identified t...
DATE: Jun 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
One of the biggest threats Bermuda faces in keeping its international business is US enlightenment to the realisation that it need only change its tax laws to lure many companies home or repatriate corporate profits. And more insurance start-ups coul...
DATE: Jun 26, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda-headquartered Nephila Capital co-founders Frank Majors and Greg Hagood, along with long-time colleague Barney Schauble, have been named the Aon Benfield Outstanding Contributors of the Year at the 2014 Trading Risk Awards in London.
The tight...
DATE: Jun 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
