Bermuda-based PartnerRe Ltd. reported a net income of $333.4 million, or $5.84 per share for the third quarter of 2013, which “includes net after-tax realized and unrealized losses on investments of $1.3 million, or $0.03 per share,” said the announcement. …
Bermuda-based Montpelier Re Holdings Ltd. reported its financial results for the quarter ended September 30, 2013. The bulletin said: “Fully converted book value per common share was $28.06, an increase of 4.2 percent from June 30, 2013 and 8.7 percent …
India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut purchases from the sanctions-hit nation while waiting for New Delhi to back local insurers covering plants processing the oil. European …
Bermuda-based Arch Capital Group Ltd. reported net income available to common shareholders for the 2013 third quarter of $109.3 million, or $0.80 per share, compared to $184.2 million, or $1.33 per share, for Q3, 2012. The Company also reported after-tax …
Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this second installment of an interview …
Superstorm Sandy set several records and was unusual in even more ways. Here are 12 strange weather features of Sandy: 1. Size: With tropical-storm-force winds that extended for 1,000 miles, Sandy was the largest Atlantic system on record. However, meteorologists …
Penn State officials announced Monday that over the past few months the university has reached agreement with 26 of the victims of former assistant football coach Gerald Sandusky. The aggregate dollar amount paid by the university for the 26 settled …
Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending would pick up after a slow start. …
The ongoing effects of workers’ compensation reforms enacted in New York in 2007 are monitored by the Workers Compensation Research Institute (WCRI) in a new study that focuses on objectives that are being achieved, objectives that are not being met, …
Hurricane strength winds battered Britain and the Netherlands on Monday, killing five people, cutting power and forcing the cancellation of hundreds of flights and train journeys before the storm barreled further into mainland Europe. Gusts of up to 99 mph …
