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Most of the major US-listed international insurers in the Bermuda market have seen their book value fall through the first nine months of a year blighted by a hugely most expensive catastrophe activity on record. Of the 16 companies surveyed by The R...

Allied World Assurance Company Holdings AG made a net loss of $11 million during the third quarter of 2011 after its trading investment portfolio took a hit from declines in the market. The Swiss-based company had previously reported net income of $2...

PartnerRe’s third-quarter profit dropped by two-thirds to $180.1 million. The Bermuda reinsurer also announced a loss of $502.6 million for the first nine months of the year after catastrophe losses in excess of $1 billion. The company’s chief execut...

Bermuda-based re/insurer Endurance Specialty Holdings last night reported a net loss of $20 million for the third quarter. The company’s resulted by impacted by nearly $100 million of catastrophe losses, as Endurance had announced earlier this month....

Validus Holdings Ltd’s profits dropped by more than three quarters for the third quarter of 2011 after taking a $51.9 million hit from Hurricane Irene and floods in Denmark. The company’s net income plummeted 76.3 percent, or $182 million, to $56.5 m...

Montpelier Re Holdings Ltd posted a net loss of $66 million for the third quarter, driven by catastrophe losses. The Bermuda reinsurer attributed $60 million to losses relating to catastrophic events in the July through September period. These includ...