reinsurance
AXA UK – Life and Savings (H1 2009 results)
AXA UK’s Life and Savings business includes AXA Winterthur Wealth Management, Corporate Pensions, Protection, AXA Distribution Services (which trades through the Wrap platform Elevate)...
AXA UK – Bluefin – independent distribution businesses (H1 2009 results)
Bluefin Advisory Services (BAS) provides financial advice and wealth management and corporate consulting services and won Corporate Adviser Firm of the Year 2009*. Overall...
AXA UK – General and Healthcare Insurance (H1 2009 results)
Total General Insurance and Healthcare - AXA Insurance including Swiftcover, AXA Ireland and AXA PPP - insurance revenues remained flat at £1,866m in H1...
Bermuda-based Lloyd’s insurer Hardy Underwriting announced lower interim results
Financial Highlights
profit before tax and foreign exchange movements £18.7m (2008: £7.3m)
profit before tax of £7.8m (2008: £8.7m)
combined ratio before foreign exchange movements 75.7%...
AXA Group net income for half year 2009 fell 39 percent to 1.32 billion euros
Earnings recovery in 1H09 versus 2H08:
Underlying Earnings: Euro 2,116 million down 26% yoy, up 63% sequentially
Adjusted Earnings: Euro 1,736 million down 50% yoy,...
AXA UK earnings up 2% at H1 2009 to £186million
In the UK & Ireland, underlying earnings increased by 2% from £183 million in H1 2008 to £186 million in H1 2009 – the...
Swiss Re has reported a net loss of SFr381m ($359m)
Swiss Re reports improvement in excess capital at the AA level to CHF 4.5 billion - Net loss of CHF 381 million for the...
Flagstone Re reports a second quarter 2009 in rise
Flagstone Reinsurance Holdings Limited today announced second quarter 2009 basic book value per share of $12.87 and diluted...
AIG to report second quarter 2009 results on August 7, 2009
American International Group, Inc. (AIG) will report its second quarter 2009 results before the market opens on Friday, August 7, 2009. AIG’s Quarterly Report...
Munich Re posts €1.1bn profit for first half-year 2009
In the second quarter of 2009, Munich Re recorded a profit of €703m, once more demonstrating its earnings strength. The result surpassed last year’s...
Inter-Hannover to be the exclusive title insurance provider for London and European
London and European today announces Hannover Re subsidiary Inter Hannover as its exclusive provider of title insurance in a deal that will enable London...
Swiss Re transfers USD 200 million hurricane risk for two North Carolina associations
Swiss Re announces the successful closing of a USD 200 million insurance-linked securities offering of hurricane risk in North Carolina through Parkton Re Ltd....
Cooper Gay signs up Japanese reinsurance specialist
Cooper Gay, the independent wholesale, reinsurance and specialist retail insurance broker, has announced a formal consultancy arrangement with Japanese reinsurance specialist Megumi Ugai.
Mr Ugai’s...
Aon Benfield Securities places €150m Euro wind cat bond amid strong investor appetite for ILS products
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, announces today that the investment banking group of its affiliate, Aon Benfield Securities, successfully...
SCOR records net income of EUR 184 million for the First Half of 2009
SCOR records net income of EUR 184 million for the First Half of 2009; robust July renewals underline the Group’s strong competitive position SCOR’s...
Hannover Re renews cat bond for European windstorm risks
As part of its diversified risk management, Hannover Re has renewed its Eurus catastrophe bond issued in July 2006. The bond with a volume...
XL Capital Ltd Declares Quarterly Dividends of $0.10
XL Capital Ltd announced today that its Board of Directors declared a quarterly dividend on July 24, 2009 of $0.10 per Ordinary Share payable...
SCOR wins “Catastrophe Risk Transaction of the Year” award from Environmental Finance
Environmental Finance magazine has named SCOR as the winner of this year’s “Catastrophe Risk Transaction of the Year" award for its “Atlas V" transaction...
Scor buys XL Re Life America
SCOR Global Life US, a wholly-owned subsidiary of the SCOR Group, has reached a definitive agreement to acquire XL Re Life America Inc. (XLRLA),...
Aon Benfield CapTivate Product Becomes Integral Solution for Energi Holdings
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, announces today that Energi Holdings, a leading industrial captive reinsurance company, has utilized its CapTivate reinsurance solution to support Energi’s growth.
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