Reinsurance
Montpelier Re CEO: Flat Net Written Premiums Likely For Q1
Montpelier Re Insurance Holdings President and CEO Christopher Harris said he expects 2015 first quarter net written premiums to be flat compared to the same period a year ago. The reason: results ...
Aspen Plans $500M Share Repurchase Program
Aspen Insurance Holdings Ltd. announced plans to move ahead with a $500 million share repurchase program in 2015. The plan is effective through Feb. 6, 2017, and enables Aspen to pursue share ...
W.R. Berkley Sees a Q4 Dip in Net Income
W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley's 2014 Q4 net income is booked ...
AXIS CEO Benchimol Sticks to Script on $11B PartnerRe Merger Deal
Early on in the fourth-quarter earnings call for AXIS Capital Holdings Ltd., company president and CEO Albert Benchimol warned that he and his team would be able to say very little about a planned ...
RMS Debuts Global Tsunami Scenario Catalog
RMS released a global tsunami scenario catalog to help insurers and reinsurers assess risks in high exposure regions they cover. The catastrophe modeling firm touted the catalog as the first of its ...
XL CEO McGavick: Employees Should Stay Put in Face of M&A Anxiety
XL Group Plc Chief Executive Officer Mike McGavick said employees who are worried about disruption from his company's planned purchase of Catlin Group Ltd. should think twice about jumping ship. ...
Report: Scor, Alleghany May Submit Rival M&A Bids for PartnerRe
PartnerRe Ltd. jumped in New York trading after Insurance Insider reported that the reinsurer, which agreed last month to merge with Axis Capital Holdings Ltd., might draw bids from rivals to break ...
Enstar Closes $218M Buy of South Carolina P/C Outfit
Bermuda-based Enstar Group Ltd. has completed its $218 million acquisition of Companion Property and Casualty Insurance Company from Blue Cross Blue Shield of South Carolina. A bank loan facility ...