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Insurance
Catlin strengthened its pre-tax profit by 27 percent and its net income by 29 percent during a strong year for the multi-class re/insurer, particularly in its international segment. 10 February 2014
News
Increased retentions by cedants and the growing inflow of capital into alternative risk transfer structures such as ILS combined to create a competitive and highly pressured renewals, according to Hannover Re. 6 February 2014
News
AXIS Capital Holdings has become the latest reinsurer to post improved profits based on its performance last year. The company made a net profit of $684 million compared with $495 million in 2012, an increase of some 38 percent. 5 February 2014
News
Q-Re, the Qatar-based reinsurer, expects to have grown its book by 43 percent in this year’s January renewals, despite removing some business it regarded as unprofitable. 4 February 2014
News
PartnerRe ramped up its non-cat non-life business in the fourth quarter of 2013, increasing net premiums written by 29 percent to $1.2 billion, as the company drives growth through new business segments. 4 February 2014
Insurance
The marine market remains unprofitable despite an economic recovery. That is the view of International Union of Marine Insurance (IUMI) president, Ole Wikborg, speaking ahead of the firm’s annual conference. 30 January 2014
article
Law firm, Edwards Wildman has appointed James Crabtree as a partner in its London re/insurance department. Crabtree joins from Taylor Wessing and advises on re/insurance claims and coverage disputes. 29 January 2014
Insurance
A combination of low catastrophe losses and disciplined underwriting combined to help ACE post a record income for the business. 29 January 2014
article
US insurer WR Berkley enjoyed solid growth in 2013 and also posted an increase in its operating income per share for last year although its net income and return on equity dropped slightly. 29 January 2014
Alternative Risk Transfer
Korean Re has unveiled an ambitious and wide-ranging vision that would see it become one of the world’s top three reinsurers. 29 January 2014
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