All Finance News articles – Page 6
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Alterra swings to profit in Q1
US insurance, Alterra at Lloyd’s and Latin American segments post CRs above 100%
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SCOR gets another rating upgrade
Moody’s cites SCOR’s “enhanced franchise strength” as it upgrades rating to A1
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Berkshire posts $845m insurance profit
Underwriting income amounted to $54m, up from a loss of $821m a year ago
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Reserve releases and lower cats return Argo to profit
Group’s Q1 profit of $19.6m compares with last year’s $94.1m loss
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Flagstone premium drops 52%
decline reflects non-renewal of business as troubled reinsurer continues to de-risk
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Swiss Re boasts $1.1bn Q1 profit
Result swings from $665m net loss in the first quarter of 2011
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Hannover Q1 premiums grow 11.7%
Reveals profits of €261m and Concordia loss of €45m amid bullish outlook
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RenRe swings to profit in Q1
Profit soars to $201.4m as reinsurer enjoys successful renewals and low cat activity
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RGA Q1 profits down slightly
Life reinsurer experiences higher-than-expected claims in the US and UK
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PartnerRe posts $360m profit in Q1
Miranthis ‘cautiously optimistic’ over improving reinsurance rates
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S&P rates Citizens cat bond
Everglades Re is widely expected to be the biggest-ever cat bond
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Mitsui injects $150m into Bermuda reinsurer
Injection from parent company strengthens MS Frontier Re’s capital base
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SCOR: prices rise 7% at 1 April
Overall premiums grew by 11% reflecting “sharp price increases”
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Axis books $122m Q1 profit
Pricing continued to firm through the quarter but rate changes are gradual, noted Charman
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Validus reports record Q1 profit
Net income of $124.2m achieved in spite of Concordia and US tornado losses
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Munich Re pays €1.1bn dividend as it heads for €750m Q1 profit
Reinsurer reaffirms 2012 profit target of €2.5bn
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Aspen encouraged by firming market
Q1 results impacted by $17.6m of US severe weather losses and Costa Concordia claims