Monthly Archives: <span>April 2008</span>

AXIS Capital Earnings, Conf. Call

AXIS Capital Holdings Limited expects to release financial results for the first quarter ended March 31, 2008, on Monday, April 28, 2008, after the close of the financial markets. John Charman, CEO and President, and David Greenfield, CFO, will host …

PartnerRe Earnings, Conf. Call

PartnerRe will release its 2008 first quarter results after the market close on Monday, April 28, 2008. Senior management will conduct a dial-in conference call, which will include a question and answer period, on Tuesday, April 29, 2008, at 10:00 …

Ratings Roundup: Greenville, Delphi, First American, American Family, Well Point

A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Greenville Casualty Insurance Company, and has revised the outlook to positive from stable. “The rating affirmations reflect Greenville’s premium volatility, historically …

Ratings Recap: Syndicate 1225, Gulf, Eastern Re, Sté. Centrale Re, B&B, Commercial & Manufacturers, GIL

A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1225 (United Kingdom), which is managed by AEGIS Managing Agency Ltd (AEGIS UK). The outlook for both ratings …

Best’s Bermuda Report Focuses on ‘Bounce Back’

A new A.M. Best Co. research report – “Bermuda – 2007 Financial Review” – featured in BestWeek U.S./Canada, finds that “three years removed from unprecedented hurricane losses, the Bermudian insurance market is bouncing back with a fury. “The market posted …

Strait of Hormuz: The Potential Economic Effects of a Disruption

A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said Iranian boats …

China, European Union Vow to Work on Trade, Ease Tibet Tension

China and the European Union vowed on Friday to seek balanced trade and foster cooperation in climate change in high-level meetings as they sought to ease tension over Tibet protests and the Olympics. EU officials led by European Commission President …

Integro Expands London Casualty Practice

Integro announced the hiring of two established brokers who will join the firm’s Casualty practice in London – Andrew Park and Jonathan Bines. Park brings considerable technical knowledge and 25 years broking experience, the past 10 years at Lockton’s London …

Aon UK Exec Harmer to Chair London Market Reform Group

Peter Harmer, Chief Executive of Aon UK, is to become Chairman of the London Market Reform Group (MRG). He succeeds Stephen Matanle, Managing Director of Libero Ventures Ltd. Harmer stated he is “delighted to accept the role as Chairman of …

Arch Capital Q1 Earnings $189.4 Million

Bermuda-based Arch Capital Group Ltd. reported that net income available to common shareholders for the 2008 first quarter was $189.4 million, or $2.78 per share, compared to $198.6 million, or $2.59 per share, in Q1 2007. The Company also reported …