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By Associated Press |
December 23, 2011
Reinsurance company Everest Re Group Ltd. on Thursday said that claims related to the massive flooding this year in Thailand could cost it $100 million to $125 million after certain premiums and taxes.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com |
August 4, 2011
Catastrophes continue to drive down second-quarter results for insurers as both domestic carriers and Bermuda companies report net-income declines and even losses, headlined by Allstate’s $620 million second-quarter loss.
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By Chad Hemenway, PropertyCasualty360.com |
July 28, 2011
Bermuda-based reinsurers continued to report reduced earnings, driven mainly by catastrophe losses.
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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 Mark Paccione |
February 7, 2011
Do Side A D&O policies add value at a time when terms of standard “ABC” policies are getting broader? Mark Paccione of Everest Specialty Underwriters argues that they do, and explains the benefits.
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By Mark Paccione |
January 31, 2011
Do Side A D&O policies add value at a time when terms of standard “ABC” policies are getting broader? Mark Paccione of Everest Specialty Underwriters argues that they do, and explains the benefits.
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By Chad Hemenway, PropertyCasualty360.com |
November 2, 2010
Net income was down for two reinsurers reporting 2010 third-quarter results, while profit for a specialty lines insurance and treaty reinsurance company returned to the black.
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By Chad Hemenway, PropertyCasualty360.com |
July 29, 2010
Bermuda-based reinsurer, Everest Re Group Ltd. reported a 42.5 percent drop in 2010 second quarter net income, while also announcing that Chief Executive Officer Joseph V. Taranto will retire as of Dec. 31.
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By Susanne Sclafane, PropertyCasualty360.com |
May 5, 2010
A dozen Bermuda reinsurers that released first-quarter 2010 earnings over the last week were hit hard by $1.4 billion in catastrophe losses, primarily related to the earthquake in Chile.