All Financial articles – Page 16
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Online onlyBuffett holds firm on financials
Berkshire Hathaway suffers big paper losses by holding onto investments in big financial companies.
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IAG raises A$450m equity
Australia's largest car and home insurer expects sharp drop in first-half profit due to weak investment returns.
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Online onlyMunich Re better bet than Swiss Re - Barron's
With hardening reinsurance rates, reinsurers with strong capital positions will win good business.
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Online onlyBushfire cost of A$2bn is likely to increase
S&P: Australian insurers financially and operationally well placed to respond
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Endurance still in profit for 2008
Net income for 2008 falls to $99m from $521m in 2007. GWP up 26%.
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Online onlyNew Swiss Re CEO speaks of ‘challenges ahead’
Stefan Lippe says meeting client needs and creating shareholder value will be key focuses
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Modest loss for Everest Re in 2008
Net loss of $19m for 2008, compared to net income of $839m last year.
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Online onlySwiss Re boss resigns
Poor results lead to Jacques Aigrain's departure; deputy takes over
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Online onlyMcGavick puts brave face on XL loss
"No one is happier to see 2008 behind us" - Mike McGavick, CEO, XL Capital. 10% staff cuts planned for 2009.
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Online onlyAxis Capital income falls 57%
Fourth quarter net income of $131m; CEO hails the positives
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Online onlyUncertainty over Swiss Re
Shares fall blamed on worse than expected losses and bigger than expected capital-raising measures.
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China Life puts $300m into asset management unit
A total of 2 billion yuan injected to strengthen its capital base
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Details of Chaucer offer revealed
Norton Rose advises Lloyd’s insurer on shares and raising capacity
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Online onlyMoody's downgrades Swiss Re ratings
Senior to Aa3; ratings on review down; short-term ratings of P-1 affirmed
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Online onlySwiss Re under review by AM Best
With negative implications; ratings reassessment will follow Berkshire Hathaway deal.
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Swiss Re ratings on S&P credit watch
Rating agency says reinsurers write-downs and need for new capital were ‘beyond expectations’
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Aspen net income down 78.8%
CR of 95.6% for 2008; capital position and business flows remain strong, says CEO
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Online onlyBuffett to invest CHF3bn in Swiss Re
Swiss Re shores up capital, expecting net loss for 2008 of CHF 1bn
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Munich Re: €100m profit in Q4 despite financial gloom
Reinsurance combined ratio of 99.5%; shorter-tail business has increased; 2008 profit of €1.5bn.
