All Europe articles – Page 30
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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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AnalysisDanger lurks in Europe's forests
Severe windstorms hitting the forestry sector can cause €1bn+ losses, AIR Worldwide warns
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Online onlyCatlin’s European reinsurer opens in Madrid
Catlin Re Switzerland, the continental European reinsurance business of Lloyd’s insurer Catlin, has opened a Madrid office. From 1 July the new office will write property, casualty and specialty classes of reinsurance business for clients in Spain and Portugal. The office will complement Catlin Group’s existing Barcelona office, which writes ...
