November 5, 2010
Bermuda-based Aspen Insurance Holdings Limited announced that the Company’s Board of Directors has appointed Albert J. Beer to the Board in a non-executive capacity with effect from February 1, 2011. He has also been appointed to the Risk Committee and …
November 4, 2010
The Bermuda-based Argo Group International Holdings, Ltd. reported earnings figures for the third quarter of 2010 which show net income of $23 million or $0.77 per diluted share, compared to $27.6 million or $0.89 per diluted share for the three …
November 4, 2010
Bermuda-based Validus Holdings, Ltd. announced that Joseph E. (Jeff) Consolino has been named President of the Company, effective as of November 15, 2010. He replaces George P. Reeth, who has recently announced his intention to step down as President of …
November 4, 2010
Bermuda-based PartnerRe Ltd. reported net income of $524.9 million, or $6.76 per share on a fully diluted basis for the third quarter of 2010. The bulletin said the figure “includes net after-tax realized and unrealized gains on investments of $233.0 …
November 4, 2010
Bermuda-based XL Group plc reported net income attributable to ordinary shareholders of $77.543 million for the third quarter of 2010, or $0.23 per ordinary share, compared to a net loss of $11.4 million, or a loss of $0.03 per ordinary …
November 3, 2010
Bermuda-based Alterra Capital Holdings Limited reported net income of $82.8 million, or $0.70 per diluted share, for the third quarter of 2010, compared to net income of $95.3 million, or $1.64 per diluted share, for the same quarter of 2009. …
November 3, 2010
Bermuda-based Montpelier Re Holdings Ltd. reported operating income of $0.86 per share, $60.7 million total, and comprehensive income of $1.28 per share, $90.8 million total, slightly higher than the net income figure due to the inclusion of other income items. …
November 3, 2010
A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable for the ratings of Germany’s Hannover Rueckversicherung AG (Hannover Re) and its related debt issues and rated subsidiaries. Best also affirmed the financial strength rating …
November 2, 2010
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the third quarter of 2010 of $239 million, or $1.78 per diluted common share, compared with a net loss of $96 million, or $0.70 per diluted common …
November 2, 2010
Standard & Poor’s Ratings Services announced that its ratings on Bermuda-based AXIS Capital Holdings Ltd. (A-/Stable/–) and its operating subsidiaries are not affected by the announcement of the appointment of Albert Benchimol as chief financial officer, effective Jan. 17, 2011. …