The Bermuda reinsurer posted a net loss of $115.2 million for 2011, in comparison with a net profit of $212 million in the previous year.
French reinsurer SCOR has reported a 13.9 percent growth in premiums at the January 2012 renewals.
Unnecessary interference by governments is the biggest threat facing managing general agents, and the wider insurance sector.
The Catlin Group has reported an 11 percent rise in its gross written premiums for 2011, in comparison with a rise of 10 percent in 2010.
Everest Re has reported a net loss of $80.48 million for 2011, compared with a net profit of $610.75 in 2010.
Alterra Capital has reported a net income of $65.3 million for 2011, in comparison with a net income of $302.3 million in 2010.
Spanish insurance group Mapfre have announced a 15 .5 percent increase in gross written premiums in 2011 to €19.6 billion, in comparison with €16.9 billion in 2010.
RenaissanceRe has reported a net loss of $92 million for 2011, in comparison with net income of $702.6 million for the previous year.
A prolonged soft market, at the weakest phase in its business cycle, has made adequate pricing extremely difficult to obtain, according to Axis Capital’s president and chief executive, John Charman.
Global energy firms face a seismic change in the risks they face, according to a report by broker Marsh.