Insurance Australia Group Limited (IAG) Managing Director and CEO, Mike Wilkins has advised the Group’s shareholders that, after the completion of the first quarter of its fiscal year, IAG was on track to meet its full year guidance of an …
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax for the third quarter of 2010 of $92.8 million and operating earnings of $0.79 per diluted ordinary share, compared to Q3 2009 net income after tax of $145.8 million, and …
Bermuda-based RenaissanceRe Holdings Ltd reported net income available to common shareholders of $204.8 million or $3.70 per diluted common share in the third quarter of 2010, compared to net income available to common shareholders of $258.6 million or $4.12 per …
Two reports from Willis Re analyze the impact the insurance industry faces from the “double hurdles” of Solvency II and the new International Financial Reporting Standard (IFRS) due in 2013.” They explore the “current state of play of these major …
The Bermuda-based Arch Capital Group Ltd. reported its results for the third quarter of 2010 on Tuesday. Net income available to common shareholders for the period was $141.6 million, or $2.77 per share, compared to $274.4 million, or $4.39 per …
Warren Buffett’s Berkshire Hathaway Monday said hedge fund manager Todd Combs would join the firm, potentially bringing the company a step closer to solving Buffett’s succession puzzle. Berkshire Hathaway owns multiple businesses concentrated in insurance as well as tens of …
Los Angeles-based Mercury General Corp. announced that on Monday, Nov. 1, 2010, the company will release results for its third quarter ended Sept. 30, 2010. The company will host an investor conference call and Web cast that same day at …
The Chubb Corp. reported that net income in the third quarter of 2010 was $572 million, compared to $596 million in the third quarter of 2009 Operating income was $537 million in the third quarter of 2010 compared to $552 …
The Travelers Companies Inc. has reported net income of $1.005 billion, or $2.11 per diluted share, for the quarter ended Sept. 30, 2010, compared to $935 million, or $1.65 per diluted share, for the same quarter in 2009. Operating income …
