P/C Insurance Analysts’ Expectations Climbing: Accenture December 18, 2012 By Susanne Sclafane Although returns-on-equity for the property/casualty insurance industry are lagging in the mid-to-upper single-digit range, equity analysts expect companies they recommend...
Paulson Hedge Fund Cuts Holdings in Hartford Financial Services November 15, 2012 By Svea Herbst-Bayliss Billionaire hedge fund manager John Paulson cut his third and fourth biggest portfolio holdings and made a bigger bet on...
China’s State Insurers Give ‘Thumbs Up’ to Party with 50-year Bond Buy November 14, 2012 China’s state-owned insurers gave a vote of confidence in the ruling Communist Party as it winds up its five-yearly congress...
Chubb Suspends Stock Buyback as It Counts Sandy Losses November 13, 2012 Property/casualty insurer Chubb Corp. suspended its stock buyback program, because it has not yet been able to determine what its...
Insurer ING US Files for IPO November 12, 2012 ING U.S. Inc, a unit of Dutch financial services group ING Groep NV, filed to raise up to $100 million...
IMF Urges Permanent Fix to U.S. ‘Fiscal Cliff’ November 9, 2012 By Lesley Wroughton The International Monetary Fund on Thursday urged the United States to quickly reach an agreement on a permanent fix to...
Swiss Re Posts $2.2 Billion Q3 Net Income November 8, 2012 Swiss Re reported net income of $2.2 billion in the third quarter of 2012, compared to $1.3 billion in the...
Munich Re Raises 2012 Profit Forecast on Stronger 9-Month Results November 7, 2012 By Charles E. Boyle Munich Re said it expects a higher consolidated result for 2012 than previously envisaged. Following a profit of €2.7 billion...
Mapfre Concludes $1.284 Billion Senior Debt Issuance November 7, 2012 Spain’s Mapfre said it concluded a €1 billion [$1.284 billion] debt issuance of senior notes with a fixed coupon of...
Risk Retention Groups’ Assets, Surplus Continue to Rise: Demotech November 6, 2012 Risk retention groups reported an underwriting loss but a net income gain in the first half of 2012, according to...