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By Staff Writer |
October 26, 2011
Hurricane Irene is primarily to blame for $34.6 million in pretax catastrophe losses during the third quarter for HCC Insurance Holdings Inc., and the insurer also expects a pretax net increase to loss reserves of $27.5 million.
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By Chad Hemenway, PropertyCasualty360.com |
July 27, 2011
PartnerRe Ltd. says losses related to tornadoes in the United States in April and May now stands at an estimated $89 million, pretax
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By Staff Writer |
August 4, 2010
International specialty insurer HCC Insurance Holdings Inc. said 2010 second-quarter net income was about $83.4 million, down 9 percent from 2009 second-quarter net income of $91.6 million.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 16, 2010
The recession of 2008 has demonstrated that insurers understand their risks better than banks, an insurance executive advised at an industry conference.