Reinsurance

Berkshire Hathaway says its first-quarter net income rose 49 percent on the strong performance of its insurance businesses, and the company says it has the capacity and desire to write more business.

Property and Casualty carriers added 900 jobs in March -- a month that saw employment shrink in most other sectors of the insurance industry, according to an analysis of the latest figures from the U.S. Labor Departments Bureau of Labor Statistics.

XL Groups 2013 first-quarter net income nearly doubled compared to the same period a year ago as operating income soared thanks to lower levels of large losses.

Endurance reports $92.1 million in net income at the close of the years first quartera $17.7 million increase in net income compared to the first quarter of 2012.

Swiss Re says its 2013 first-quarter net income climbed to $1.4 billion, compared to $1.1 billion for the same period a year ago, with improvements in the groups property and casualty reinsurance business acting as a key driver for the results.

Swiss Re says its 2013 first-quarter net income climbed to $1.4 billion, compared to $1.1 billion for the same period a year ago, with improvements in the groups property and casualty reinsurance business acting as a key driver for the results.