Twelve Capital, the Zurich-based independent investment manager, has issued another cat bond using a unique structure whereby three different events must occur before it is triggered.
Novae Group posted a substantially improved net profit in the first six months of 2014 despite warning on several headwinds including a challenging rating environment, low interest rates and a strong sterling.
Endurance Specialty posted strong growth in the second quarter of 2014 as it benefited from cost savings in the business and a shift in the composition of its portfolio in both insurance and reinsurance.
Endurance spent some $13.7 million in the first half of 2014 on its failed attempt to acquire Aspen Insurance, the company has revealed in its second quarter results.
Argo Group posted a solid set of results for the second quarter of 2014 but its chief executive officer warned on what is an increasingly competitive environment.
Berkshire Hathaway has posted record profits for the second quarter tied to a jump in investment gains.
French credit insurer Coface has posted a stable set of results for the first half of 2014.
European insurer Axa has posted strong results for the second quarter of 2014 driven by strong growth in all business lines.
Commercial property and casualty (P&C) pricing continued to slide in the second quarter of 2014, as competition drove the market.
A partnership, led by Canadian investment company The Westaim Corporation, has completed its acquisition of 70.8 percent of specialty insurer Houston International Insurance Group (HIIG) for $138.7 million.