Reinsurance
Re Results Blot W.R. Berkley’s Otherwise Soaring Financials
On the surface, at least, W.R. Berkley Corp.'s 2014 second quarter reflects a stellar array of gains in everything from gross and net premiums written to net income, operating income and improved ...
XL CEO: Distinctive Offerings, Historic Relationships Buffer Re Business
Simply put, XL Group's 2014 second quarter was both tough and solid. The property/casualty and specialty insurer and reinsurer said it lost more than $279.2 million during the period, about $1.03 per ...
Hiscox Chair: Re Competition Hurts Pricing
Hiscox Ltd. Chairman Robert Childs said the Lloyd's of London insurer is writing less "big ticket" reinsurance as excess capital pushes rates lower. The second-largest Lloyd's insurer by market value ...
12% Chance of Damaging Solar Storm Over 10 Years; Preparation Key: Reuters Columnist
The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists. One ...
Latest El Niño 2014 Forecast: Weak and Late
El Niño will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for ...
Aspen Shareholders Vote Down Endurance Proposals
Aspen Insurance Holdings Limited announced Friday that most Aspen shareholders participating in a consent solicitation have rejected two proposals from Endurance Specialty Holdings Ltd, intended to ...
Aon Reports 2Q Reinsurance Sales Drop; Shares Decline
Shares of Aon Plc, the world's second-largest insurance broker by market value, fell the most since 2012 on Friday after revenue missed estimates as reinsurance sales declined. Aon slipped $4.65, or ...
Bad Weather Likely Cause of Air Algerie Crash: French Officials
Poor weather was the most likely cause of the crash of an Air Algerie flight over the West African state of Mali with 116 people on board, French officials said on Friday. Investigators at the scene ...