All Financial articles – Page 70
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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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Zurich posts record Q1 results
Zurich has revealed a Q1 profit rise of 71% to a record $1.4bn (£705m)
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MMC to accelerate $500m buyback
Marsh & McLennan will repurchase $500m worth of MMC shares in an accelerated share repurchase transaction
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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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S&P maintains negative outlook on MMC
Standard & Poor's has affirmed its “BBB” ratings on Marsh & McLennan
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Heath Lambert to split and sell
Heath Lambert is understood to be looking for buyers as it prepares to split up, according to market sources
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AWAC grows net income by 16%
Allied World Assurance Company has reported net income of $113.9m for Q1 2007
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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 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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Munich Re in $150m hurricane securitisation
Munich Re has transferred parts of its hurricane exposure in the US to the capital markets.
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Berkshire Hathaway reveals 12% net income growth
Berkshire Hathaway has reported a 12% rise in net income in Q1 2007
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Swiss Re reports 54% jump in Q1 earnings
Swiss Re recorded earnings of CHF1.3bn in Q1 2007
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Munich Re plans €8bn shareholder payout
Despite losses from Winter Storm Kyrill, Munich Re remains confident about hitting its targets for the year
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Munich ratings unaffected by €8bn buyback initiative
Munich Re's plans to return more than €8bn to shareholders will have no immediate impact on ratings
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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
