May 16, 2012
As previously announced, Germany’s Allianz SE has had a successful start in 2012 with increases in overall revenues, operating profit and net income for the first quarter well above first-quarter 2011 levels. Allianz Group also further improved its already strong …
May 15, 2012
The Zurich Insurance Group reported a business operating profit (BOP) for the first quarter of 2012 of $1.3758 billion, a 62 percent rise from $854 million in Q1 2011, and net income after tax of $1.143 billion for the period, …
May 11, 2012
Selected earnings highlights from Bermuda-based Alterra Capital Holdings for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $661.330 mn $627.848 mn Net premiums written ————— $436.868 mn $490.401 mn Net premiums earned …
May 11, 2012
The Bermuda-based Catlin Group Limited’s interim management statement for the first quarter of 2012 highlighted a 12 percent increase in gross premiums written to $1.642 billion for the period, compared to $1.465 billion in Q1 2011. Additional highlights for the …
May 10, 2012
Spain’s MAFRE Group posted total revenues for the first quarter of 2012 of €6.835 billion [$8.858 billion], an 11.5 percent increase compared to Q1 2011, “thanks to sustained growth of the international business,” the report noted. Recurring results grew by …
May 10, 2012
German insurance giant Allianz SE has released preliminary figures for the first quarter of 2012, which indicate that total revenues will be over €30 billion [$38.80 billion] slightly above the €29.9 billion [$38.45 billion] for Q1 2011. Allianz said it …
May 9, 2012
Selected earnings highlights from the Dublin, Ireland-based XL Group plc for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 *Gross premiums written ———— $2.4036 bn $2.1967 bn *Net premiums written ————— $2.04172 bn $1.8039 bn *Net …
May 8, 2012
Selected earnings highlights from the Bermuda-based Argo Group for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $396.3 mn $347.8 mn Net premiums written ————— $241.2 mn $244.4 mn Net premiums earned …