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By Mark E. Ruquet, Chad Hemenway, PropertyCasualty360.com |
February 9, 2012
Allstate Corp. saw its fourth-quarter net income jump 145 percent, while W.R. Berkley, ACE Limited, CNA and Validus reported Q4 net-income decreases along with global reinsurer Munich Re.
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By Staff Writer |
February 1, 2012
ACE Limited says 2011 fourth-quarter net income declined 25 percent to $750 million, as catastrophe losses more than doubled compared to the 2010 fourth quarter, when net income was $1 billion.
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By Phil Gusman, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com |
June 23, 2011
Property and casualty excess capital remains robust, although it has declined since July 2010, an analysis shows, while a separate analysis strictly on reinsurers shows a 6 percent decline in capital for the 2011 first quarter as companies contend with, among other issues, insured catastrophe losses.
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By Phil Gusman, PropertyCasualty360.com |
June 22, 2011
The property and casualty industry still has “robust” excess capital, but not as much as July 2010, according an analysis by Morgan Stanley.
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By Susanne Sclafane, PropertyCasualty360.com |
June 17, 2011
Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
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By Susanne Sclafane, PropertyCasualty360.com |
June 17, 2011
An overriding theme of the latest wave of mergers and acquisitions in the insurance industry: strategic buys of specialty-flavored books is specialization.
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By Susanne Sclafane, PropertyCasualty360.com |
June 13, 2011
Yesterday, Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
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By Associated Press |
April 8, 2011
Another earthquake that shook the northern section of Japan rattled the stocks of insurance and reinsurance companies on Thursday.
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By Phil Gusman, PropertyCasualty360.com |
March 18, 2011
A new wave of capital into the market, similar to what happened after Hurricane Katrina, is unlikely to occur after the magnitude 9.0 earthquake in Japan, as post-Katrina investment returns have not had the desired results, according to analyst firm Keefe, Bruyette & Woods.
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By Susanne Sclafane, PropertyCasualty360.com |
February 14, 2011
Market psyche change, not cat event, needed to turn the market, Marsh CEO Duperreault says, predicting one will come sooner rather than later.
