Q1 2012 News

Earnings Report: Flagstone Re

Selected earnings highlights from Luxembourg-based Flagstone Re for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $170.2 mn $352.7 mn Net premiums written ————— $ 85.329 mn $233.925 mn Net premiums earned …

RSA’s Interim Statement Highlights Organic Growth, Strong Financial Position

UK-based RSA reported continued strong growth and financial strength in its interim management statement covering the first three months of 2012. Highlights included the following: • Net written premiums of £2.2 billion [$3.565 billion] up by 5 percent with all …

Swiss Re Q1 Net Profit Rebounds from Q1 2011 to $1.1 Billion

Swiss Re reported a very strong first-quarter with overall net income of $1.141 billion in comparison to a loss of $665 million in Q1 2011. “This result was driven by strong underwriting, good investment performance and lower than expected major …

Earnings Reports: Allied World, Endurance Specialty, RenaissanceRe

Selected earnings highlights from Allied World Assurance for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $680.292 mn $560.688 mn Net premiums written ————— $588.953 mn $480.871 mn Net premiums earned ———– …

Earnings Report: PartnerRe

Selected earnings highlights from PartnerRe for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $1.567 bn $1.557 bn Net premiums written ————— $1.473 bn $1.470 bn Net premiums earned ———– $989.83 mn …

Earnings Report: Aspen Holdings

Earnings Reports: Validus Holdings, AXIS Capital

Selected earnings highlights from Validus Holdings for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $837.299 mn $849.89 mn Net premiums written ————— $730.24 mn $740.07 mn Net premiums earned ————– $451.2 …

Willis Posts $225 Million Q1 Net Income; Strong Growth

Willis Group Holdings reported net income from continuing operations for the quarter ended March 31, 2012 of $225 million, or $1.28 per diluted share, compared with $35 million, or $0.20 per diluted share, in the same period a year ago. …

Earnings Reports: Everest Re, Montpelier Re

Earnings Report: ACE Limited

ACE Limited reported its results for the first quarter of 2012. Highlights incuded the following: Q1 2012 Q1 2011 Gross premiums written ———— $4.787 bn $4.644 bn Net premiums written ————— $3.572 bn $3.446 bn Net premiums earned ———– $3.381 …