Bermuda
Max - Harbor Point merger won't lead to job losses - sources
The merger between Max Capital and Harbor Point won't lead to job losses in the Lloyd's market, market sources have told Reinsurance.
Harbor Point and Max Capital confirm merger
Bermudian reinsurers Max Capital and Harbor Point have confirmed their merger.
Hiscox despairs over Tory FSA proposal
Hiscox's chairman has credited a three-fold increase in annual profits on responsible investment strategy, a cautious approach to underwriting catastrophe-exposed risk and a benign mother nature.
Strong London market performance helps Hiscox treble profits
Hiscox has reported gross premiums written £1.44bn (2008: £1.15bn) and pre-tax profit of £320.6m (£105.2m).
Lancashire net profits rise despite fall in premiums
Lancashire's net profits rose in the fourth quarter and in 2009 despite a fall in gross written premiums during the periods.
Reinsurance launches the Bermuda Reinsurance Club
The first half day seminar to be held in Bermuda on March 17th
Endurance's top shareholder wants merger
Endurance has been told that it should consider a merger with one of its (re)insurance rivals, one of the company's largest shareholders has told the company's management.
Senior executive leaves Allied World
One of Allied World's senior international property underwriters has left the Bermudian (re)insurer, Reinsurance has learned.
Argo reports jump in profits
Argo reported full year net income of $117.5m or $3.81 per share up from net income of $62.9m or $2.05 per share, up from $97.6m, or $3.17 per share, in 2008.
Partner Re Global chairman retires
Bruno Meyenhofer, the chairman of PartnerRe Global, has advised the company of his decision to retire at the end of March.
LeStrange to retire from Endurance CEO position
Founder of the (re)insurer Kenneth LeStrange will retire as the CEO from March but remain as chairman until March 2011.
Endurance reports net income rise
Endurance Specialty Holdings reported net income of $154.8m for the fourth quarter of 2009 versus net income of $16.9m for the fourth quarter of 2008.
Platinum Re will have a "challenging" 2010
This year will be a "challenging" one for Platinum Underwriters, the company's chief executive has said.
Flagstone Re's reports profits improvement
Flagstone Re's fourth quarter and 2009 results improved, the company said on Wednesday.
Arch in profits turnaround
Arch reported a turnaround in profits for the fourth quarter of 2009 and for the full year.
Montpelier continues Bermuda's upward trend
Montpelier continued a postive trend for Bermudian (re)insurers by recording a sharp return to profit in its fourth quarter and 2009 results.
Bermudan market continues to grow
The Bermuda Monetary Authority reported today that the Bermuda insurance market continued to record strong performance, against the backdrop of a prolonged soft market and the effects of the worst financial crisis in a generation.
Allied World reports record 2009 profits
Allied World reported said that net income for the year ended December 31, 2009 was a record $606.9m, or $11.67 per diluted share, compared to net income of $183.6m, or $3.59 per diluted share, for the year ended December 31, 2008.
Paris Re CEO leaves as PartnerRe cleans house
Paris Re CEO Hans-Peter Gerhardt has left the company in a clean-out of senior staff by Partner Re following last year's takeover by the Bermudian (re)insurer.
Everest Re shrugs off 2008 with strong 2009
Everest Re shrugged off a horrible 2008 to rebound strongly in 2009.
Partner Re's net income rises to $1.5bn
PartnerRe reported net income was $1.5bn, or $23.51 per share, up from $46.6m, or $0.22 per share in 2008.
Max Capital to increase share buyback
Max Capital,the Bermudian (re)insurer, has increased its share buyback by $100m, the company said.
Aspen reports profit surge
Aspen became the latest company in the insurance market to report a profits surge.
Renaissance Re reports leap in fourth quarter earnings
Bermudian (re)insurer Renaissance Re reported net income of $211.8m or $3.38 per share in the fourth quarter of 2009, compared to a net loss attributable to common shareholders of $55.2m, or a loss of $0.91 per share, in the fourth quarter of 2008.