All Europe articles
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Online onlyHardy makes H1 loss, appoints new COO
Lloyd’s insurer Hardy has made a loss after tax of £17.1m for the first half of 2011, compared with a profit of £2m in the same period last year.The loss before tax was higher, at £20.7m, because a £3.7m tax credit reduced the net loss.Hardy’s results were hit by the ...
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AnalysisSolvency II: Test of time
As the timetable for Solvency II is stretched yet again – this time to 2014 – David Blackman looks at the hurdles encountered so far and the many still to be faced
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Online onlySwiss Re Q2 profits up
Swiss Re has achieved a 15.6% return on equity after a strong performance in the second quarter of 2011.Group net income increased 18% to $960m in the second quarter of 2011, compared with $810m for the same period last year.The reinsurer’s property & casualty unit reported a combined ratio of ...
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Online onlyFosh defends Novae business restructure
Novae boss Matthew Fosh has defended recent changes to the specialist (re)insurer’s business structure after posting first half losses.Novae reported a net loss attributable to shareholders of £24.9m, down from £10.8m profit at 30 June 2010.But Fosh said despite the tough market conditions in 2011, the shift in business mix ...
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AnalysisComment: Why Validus and Transatlantic are a good fit
A Validus/Transatlantic merger has a number of compelling features in its favour, not to mention Ed Noonan’s legendary determination
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