All Weekly Email Alert articles – Page 2
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Online onlySwiss Re Q2 profits up
Swiss Re has achieved a 15.6% return on equity after a strong performance in the second quarter of 2011.Group net income increased 18% to $960m in the second quarter of 2011, compared with $810m for the same period last year.The reinsurer’s property & casualty unit reported a combined ratio of ...
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Online onlyFosh defends Novae business restructure
Novae boss Matthew Fosh has defended recent changes to the specialist (re)insurer’s business structure after posting first half losses.Novae reported a net loss attributable to shareholders of £24.9m, down from £10.8m profit at 30 June 2010.But Fosh said despite the tough market conditions in 2011, the shift in business mix ...
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