1727 results returned for search: "" category "Business" author Jonathan Kent
PartnerRe Ltd last night reported a second-quarter profit of more than a quarter of a billion dollars — a dramatic improvement from the $190 million net loss it posted in the corresponding period last year.
The Bermuda-based global reinsurer said net...
DATE: Jul 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Hiscox wrote less reinsurance business in the first half of this year as rates softened — and chairman Robert Childs said the company will walk away from more business if it considers pricing to be inadequate.
The global insurer and reinsurer, whose ...
DATE: Jul 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based Blue Capital Reinsurance Holdings Ltd made a profit of $1.2 million in the second quarter, as tornadoes and windstorms took their toll.
The company, which offers collateralised reinsurance products, invests in insurance-linked securitie...
DATE: Jul 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd says its shareholders have rejected Endurance Specialty Holdings Ltd’s proposals to move forward with its hostile takeover attempt.
Last Friday was the target date set by Endurance for receiving consents from Aspen shareh...
DATE: Jul 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Don’t be too quick to write off traditional reinsurance — it has some important advantages over the new wave of alternative capital.
That is the view of Validus Holdings Ltd CEO Ed Noonan, speaking in an interview with The Royal Gazette, after the Be...
DATE: Jul 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda re/insurer Validus Holdings Ltd last night reported second-quarter profit of $153.4 million.
The company’s net income surged fivefold from the second quarter of 2013 when significant catastrophe claims related to European floods impacted resu...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Bermuda reinsurer Platinum Underwriters Holdings Ltd fell more than four percent yesterday after the company’s second-quarter earnings fell short of analysts’ expectations.
Platinum reported net income of $36.2 million for the April through...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
It may be a case of now or never for Aspen Insurance Holdings shareholders considering whether or not they should support Endurance Specialty Holdings’ hostile takeover bid.
Yesterday, Endurance chairman and chief executive officer John Charman said ...
DATE: Jul 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Iron-Starr Excess Agency Ltd and Hamilton Re have entered into an underwriting partnership.
Iron-Starr, a Bermuda-based specialty lines insurance managing general underwriting agency formed in 2009 through a partnership between Ironshore and Maurice ...
DATE: Jul 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Endurance Specialty Holdings Ltd’s proposed merger with Aspen Insurance Holdings Ltd makes strategic sense — but Endurance should raise its offer, given the strength of Aspen’s latest financial results.
That is the view of analysts at UBS, detailed i...
DATE: Jul 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
