All Bermuda articles – Page 39
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Online onlyTalbot achieves asking price in Validus sale
Talbot Underwriting achieved its asking price in the recent sale to Validus
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ACE increases quarterly dividend
The board of directors of ACE Limited has voted to increase the quarterly dividend
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Lancashire ratings affirmed; diversity praised
AM Best praised Lancashire's increasing presence in targeted markets in its rating affirmation
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Scottish Re CFO steps down
Scottish Re's chief financial officer Dean Miller will be leaving the company effective 18 May 2007
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Validus ratings on negative after Talbot bid
AM Best has placed Validus' financial strength ratings of "A-" under review with negative implications
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Ex-Penn CEO joins Max Specialty board
Jon Saltzman, formerly president and CEO of Penn-America Group has joined the Max Specialty board of directors
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Flagstone welcomes Fitch’s “A-” rating
Fitch has assigned an "A-" insurer financial strength rating to Flagstone's Bermuda and Swiss operations
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Talbot confirms sale to Validus
Talbot has confirmed its sale to Class of 2005 start-up reinsurer Validus Re
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Strong first quarter for newly public Flagstone
Despite revealing a strong first quarter following its IPO, Flagstone was hit by Windstorm Kyrill and satellite losses
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Endurance boosts buyback to 18 million shares
Endurance Specialty Holdings has announced an approved increase in the number of ordinary shares authorised for repurchase
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PXRE woes continue with $7.2m Q1 loss
PXRE Group has announced a net loss before convertible preferred share dividends of $7.2m for Q1 2007
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Max Re confirms name change
Max Re has announced that the company has changed its name from Max Re Capital to Max Capital Group
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Arch launches new risk product
Arch Insurance has announced it is offering a new product for private companies.
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Max Capital reports "strong start" to 2007
Max Capital has reported net income for the three months ended 31 March 2007 of $80m
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ESG Re takes Deloitte to court
ESG Re has launched a legal action against Deloitte & Touche accusing the accounting giant of negligence resulting in loss of business, according to the Sunday Business Post, an Irish newspaper.ESG is suing Deloitte & Touche (Ireland), Deloitte & Touche in the US and Deloitte & Touche (Bermuda) claiming that ...
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Flagstone raises $173m in IPO
Flagstone underwriters exercised their over-allotment option when the company went public in March
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Odyssey Re profits drop in Q1
Odyssey Re has reported net income of $86.6m for the quarter ended 31 March 2007
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Endurance premiums drop; profit margins “under pressure”
Endurance's total premiums written in the first quarter of 2007 were $576.5m, a decrease of $94m or 14%
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CastlePoint reports first results as public company
CastlePoint has reported net income of $7.1m
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Aspen's income up 97%; record Q1 results
Aspen has reported net income of $121.9m in the first quarter of 2007 versus $61.8m in Q1 2006, up 97%
