Performance
PCI Recap: QBE NA CEO Sets Record Straight on Middle-Market Biz
The middle-market segment is a valuable component of the business of QBE North America, the chief executive officer said during a recent interview, putting to rest rumors that the segment is up for ...
Liberty Mutual Discloses Major Q3 Gains
Liberty Mutual Holding Company concluded its 2014 third quarter with another jump in net income, higher revenues, a new reinsurance agreement and more than $1 billion in debt raised to help ...
Cyber Attacks Hit Catalan Govt. Computers During Independence Vote
Catalan government computer systems were attacked by professional-style hackers during the disputed independence vote on Nov. 9, putting basic services at risk, Regional President Artur Mas said. The ...
P/C Profits Nearly Quadruple for Berkshire in Q3; Premiums Climb 50%
While investment losses pulled net income for Warren Buffett's Berkshire-Hathaway down 8.6 percent to $3.6 billion in third-quarter 2014, a 40 percent jump in operating income for the group's ...
Buffett’s Tesco Investment Fuels 3Q Profit Drop for Berkshire
Warren Buffett's Berkshire Hathaway Inc. said third-quarter profit slipped 8.6 percent on investment results, including an impairment on a holding of U.K. retailer Tesco Plc. Net income fell to $4.62 ...
Swiss Re’s P/C Reinsurance Unit Excelled in Q3
While the property/casualty reinsurance industry continues to be hammered by heavy competition and soft pricing, Swiss Re can celebrate its 2014 third quarter results. The Zurich company reported a ...
Third Point Re CEO Berger Gains Contract Extension
The board of directors at Bermuda's Third Point Reinsurance Ltd. has renewed the contract of CEO John Berger for another three-year term. Berger will also continue as Third Point's Chief Underwriting ...
Munich Re’s Net Income Soared But Still Missed Analysts’ Estimates
Munich Re, the world's biggest reinsurer, posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed- income investments. Net income rose 16 percent ...