Swiss Re’s sigma report analyzing the effect on the insurance industry of the continuing low interest rates doesn’t paint a pretty picture. They have been at historic lows for several years. For instance the nominal yield on a 10-year U.S. …
For once there’s no natural catastrophe hanging over the annual Reinsurance Rendezvous in Monte Carlo (the 56th edition). Tropical storm Leslie missed Bermuda and Hurricane Michael is safely out in the Atlantic. But that doesn’t mean there are few concerns …
According to catastrophe modeling firm AIR Worldwide, after weakening to borderline tropical storm/typhoon strength (120 km/h [75 mph] 10-minute sustained winds), Typhoon Bolaven made landfall in North Korea north of Pyongyang, the country’s capital, at about 11:00 a.m. EDT on …
Selected earnings highlights from the XL Group’s headquarters in Dublin, Ireland for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 *Gross premiums written ———— $1.763651 bn $1.762.443 bn *Net premiums written ————— …
Selected earnings highlights from the Bermuda-based Argo Group for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $474.20 mn $406.70 mn Net premiums written ————— $361.50 mn …
Selected earnings highlights from the Bermuda-based AXIS Capital Holdings for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.014375 bn $1.046163 bn Net premiums written ————— $801.575 mn …
Selected earnings highlights from Bermuda-based RenaissanceRe for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $667.336 mn $641.563 mn Net premiums written ————— $427.630 mn $427.995 mn …
The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged the London Interbank Offered Rate (Libor) have taken on the proportions of a major catastrophe. “17 of the 24 largest …
After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world’s leaders and shakers are finally paying attention to the findings and recommendations of the Geneva Association. “There’s now a growing …
Selected earnings highlights from Bermuda-based PartnerRe for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.16324 bn $1.18205 bn Net premiums written ————— $1.136046 bn $1.056467 bn …
