A report from Boston-based AIR Worldwide, analyzes the havoc caused by a series of winter storms that have been sweeping across China for nearly a month. AIR described them as the “China’s worst winter storms in perhaps 50 years.” They …
Bermuda’s RenaissanceRe Holdings Ltd. reported $186.2 million in fourth quarter operating income, which excludes capital gains/losses, available to common shareholders, compared to $198.6 million in the fourth quarter of 2006. RenRe reported losses of $131.2 million arising from net unrealized …
The Bermuda-based White Mountains Insurance Group (which includes OneBeacon, White Mountains Re and Esurance) announced that its “adjusted comprehensive net income for the fourth quarter of 2007 was $127 million compared to $357 million in the fourth quarter of last …
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced the approval of several new measures to be implemented for the 2008 renewal period. “The changes are all meant to further satisfy the objective of the CCRIF member governments, which is to …
Bermuda-based Endurance Specialty Holdings Ltd. will release its fourth quarter 2007 financial results today, Wednesday, February 6, 2008 after the close of the financial markets. On Thursday, February 7, 2008, Kenneth LeStrange, Chairman, President and CEO, and members of senior …
Willis Group Holdings Limited will release earnings for the fourth quarter ending December 31, 2007 after the market closes on Wednesday, February 6, 2008. Copies of the release will be available soon thereafter within the “Investor Relations” section of the …
Aspen Insurance Holdings Limited will release its fourth quarter and year-end 2007 financial results today, Wednesday, February 6, 2008, following the closing of the U.S. markets. The Company will hold a conference call to discuss its financial results on Thursday, …
ACE Limited’s earnings report showed a 14 percent drop in fourth quarter net earnings to $572 million, down from $665 million in the same period of 2006. The Company posted Q4 investment losses of $134 million. Operating earnings for the …
Bermuda’s XL Capital Ltd. reported a net loss to ordinary shareholders for the quarter ended December 31, 2007 of $1.06 billion, or $6.01 per ordinary share, compared with net income of $471.1 million, or net income of $2.62 per ordinary …
France’s SCOR Group has received final approval to start operating a Property and Casualty branch in Beijing from the China Insurance Regulatory Commission (CIRC). The endorsement of SCOR’s request to set up a nationwide non-life reinsurance operation will enable the …
