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The investment industry’s obsession with measurement, performance and comparisons has always struck me as odd. The fact that investment professionals expend so much time and energy devising various measures and comparative statistics seems at odds w...

Aspen Insurance Holdings Ltd comfortably beat analysts’ expectations as they eked out a $2 million profit for the fourth quarter of last year. Superstorm Sandy, which cost Aspen net catastrophe losses of $175 million, delivered a powerful hit to earn...

Allied World Assurance Company Holdings, AG has appointed Julian James as president of its European platform effective March 4, 2013, pending certain regulatory approvals. He will be based in Allied World’s London office. Frank D’Orazio, Allied World...

Everest Re Group saw its fourth-quarter profit jump 43 percent to $58.8 million compared to $41 million in the 2011 quarter — despite Hurricane Sandy and record crop losses. For the whole of 2012, Everest reported net income of $829 million, or $15.7...

Bermuda re/insurer Argo Group International Holdings Ltd made a loss of nearly $5 million in the fourth quarter, owing to claims related to Hurricane Sandy. The company said last night that all of its estimated pre-tax catastrophe losses of $47.9 mil...

AM Best Co has lowered the outlook on the ratings of the operating subsidiaries of Bermuda-based American Safety Insurance Holdings Ltd (ASI) to negative from stable. The ratings agency said the change reflected “unfavourable underwriting results rep...