August 6, 2007
Bermuda-based CastlePoint Holdings, Ltd. reported net income of $10.5 million and diluted earnings per share of $0.27 for the second quarter of 2007. For the first six months of 2007 CastlePoint’s net income was $17.6 million and diluted earnings per …
August 6, 2007
Billionaire Warren Buffett’s holding company Berkshire Hathaway Inc. reported that its net income jumped nearly 33 percent during the second quarter because of strong performance from its insurance division. Berkshire said Friday it earned $3.1 billion (euro2.26 billion), or $2,018 …
August 6, 2007
Munich Re reported strong six month results with net profits up to €2.132 billion ($2.95 billion), despite a slight downturn in gross premiums written to €18.928 billion ($26.166 billion) compared to €19.063 billion ($26.353 billion) in the first half of …
August 3, 2007
Italy’s Generali Group posted very strong first half results, with net profits increasing by 26.7 percent to €1.7776 billion ($2.435 billion). Operating profits, which exclude capital gains/losses, rose 28.3 percent to €2.8805 billion ($3.95 billion). Italy’s largest insurer announced the …
August 3, 2007
Germany’s Hannover Re Group posted strong first half gains with operating profits (EBIT) increasing by 15.8 percent year-on-year to €467.7 million ($641 million) compared to €403.9 million ($553 million) in the first half of 2006. Group net income was up …
August 2, 2007
Bermuda-based RenaissanceRe Holdings Ltd. posted $193.741 million after tax income for the second quarter of 2007. Net income available to common shareholders was $183.166 million or $2.53 per diluted common share in the quarter, compared to net income available to …
August 2, 2007
Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $135.3 million and $1.85 per diluted common share for the second quarter of 2007 versus net income of $64.1 million and $0.85 per diluted common share in the second quarter of …
August 2, 2007
Jacksonville, Fla.-based FPIC Insurance Group Inc., reported for the second quarter of 2007. Income from continuing operations of $10.1 million, or $1.01 per diluted common share is up from $7.1 million, or $0.66 per diluted common share, for the second …
August 2, 2007
Willis Group Holdings Limited (NYSE: WSH), the global insurance broker, today reported results for the quarter and six months ended June 30, 2007, including net income of $78 million compared to $72 million a year ago, an increase of 8 …
August 1, 2007
Reno, Nev.-based Employers Holdings Inc., a provider of workers’ compensation insurance to small, U.S. businesses, will review the company’s second quarter 2007 financial results, operating results and other matters during a conference call and webcast Wednesday, Aug. 15, at 10:30 …