2353 results returned for search: "" category "Other" author Jonathan Kent
Catastrophe reinsurance specialist IPC Holdings Ltd. recorded a net loss of $87.5 million for the third quarter, as storm losses and net investment losses each topped $100 million.
In results for the June-through-September period released last night,...
DATE: Oct 24, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurer Endurance Specialty Holdings Ltd. has announced that it expects to report a third-quarter operating loss of between 96 cents and $1.15 per share.
The main reasons were estimated losses of $145 million related to hurricanes Gustav and ...
DATE: Oct 23, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A glimmer of optimism is emerging for insurers in the wake of what has been one of the most difficult quarters the industry has faced, as some suggesting the trend of declining rates could be about to change.
Bermuda insurers to have declared their t...
DATE: Oct 23, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurer Endurance Specialty Holdings Ltd. announced yesterday that it expects to report a third-quarter operating loss of between 96 cents and $1.15 per share.
The main reasons were estimated losses of $145 million related to hurricanes Gusta...
DATE: Oct 22, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Everest Re Group Ltd. last night posted a loss of $233.1 million for the third quarter after being hit by catastrophe and investment losses.
The loss, which included net realised capital losses, broke down to $3.80 per share, ...
DATE: Oct 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurer Endurance Specialty Holdings Ltd. announced yesterday that it expects to report a third-quarter operating loss of between 96 cents and $1.15 per share.
The main reasons were estimated losses of $145 million related to hurricanes Gusta...
DATE: Oct 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Standard & Poor's has affirmed the A+ financial strength rating on Ace Ltd. s core operating companies and their A- counterparty credit rating.
The agency's announcement on Friday came after the Zurich-based insurer, which has offices in Bermuda, ann...
DATE: Oct 20, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings Ltd. has become the latest Bermuda company to buy into the London insurance market.
The reinsurer announced on Friday that it had entered into an agreement to buy Marlborough Underwriting Agency Ltd. from the Berkshire ...
DATE: Oct 20, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
XL Capital Group's financial strength rating from AM Best will remain at A (excellent) after the Bermuda insurer published preliminary third-quarter results this week, the ratings agency said yesterday.
XL estimated it lost more than $1.6 billion in ...
DATE: Oct 17, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
XL Capital Ltd. estimated yesterday that it made the biggest quarterly loss in its history around $1.6 billion in the three months through September this year.
After the company issued preliminary third-quarter results before the markets opened yeste...
DATE: Oct 15, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
