Swiss Re reports a 2012 third-quarter net income of $2.2 billion, up from $1.3 billion in 2011s third quarter, due in part to strong results in the companys property and casualty reinsurance segment.

Swiss Re reports a 2012 third-quarter net income of $2.2 billion, up from $1.3 billion in 2011s third quarter, due in part to strong results in the companys property and casualty reinsurance segment.

Domestic insurance companies reported mixed third-quarter results, with State Auto taking a net loss, although a narrower loss than last year, while EMC Insurance Group and Safety Insurance Group reported higher net income.

Domestic insurance companies reported mixed third-quarter results, with State Auto taking a net loss, although a narrower loss than last year, while EMC Insurance Group and Safety Insurance Group reported higher net income.

Reinsurers should be able to absorb losses from Superstorm Sandy without a negative ratings impact, says Fitch Ratings. Meanwhile, Moodys Investors Service says the storm could, in a worst-case scenario, cause losses for the Combine Re catastrophe bond.

Reinsurers should be able to absorb losses from Superstorm Sandy without a negative ratings impact, says Fitch Ratings. Meanwhile, Moodys Investors Service says the storm could, in a worst-case scenario, cause losses for the Combine Re catastrophe bond.

Two Bermuda (re)insurers report positive movement in profitability for the 2012 third quarter, with Axis Capitals net income inching up and Montpelier Re reversing a 2011 third-quarter net loss.

Two Bermuda (re)insurers report positive movement in profitability for the 2012 third quarter, with Axis Capitals net income inching up and Montpelier Re reversing a 2011 third-quarter net loss.