All Posts Tagged With: "PRE"
(PRE) PartnerRe Analyst Maintains Neutral Rating
We have reiterated our Neutral recommendation on PartnerRe Ltd. (PRE) based on the recent catastrophe (CAT) losses that have severely dampened the bottom line, partially offset by a risk-free balance sheet...
(RE) Everest Re Upgraded to Neutral
We are upgrading our recommendation on the shares of Everest Re Group Ltd. (RE) to Neutral from Underperform as we believe the company would benefit from the gradually improving reinsurance rates after heavy...
(PRE) PartnerRe Quarterly Report Shows Big Loss On Lummets On Higher Catastrophe Losses
PartnerRe Ltd.’s (PRE) first quarter operating loss per share of $10.82 came in significantly higher than the Zacks Consensus Estimate of a loss of $7.68 per share and 60 cents recorded in the year-ago quarter....
(HIG) Hartford Financial Services Group Beats The Street
Hartford Financial Services Group Inc. (HIG) reported its first-quarter adjusted core earnings of $494.0 million or 97 cents per share, modestly beating the Zacks Consensus Estimate of 95 cents. Additionally,...
(ACGL) Company News for April 05, 2011 – Corporate Summary
• According to a report, Vodafone Group PLC (NASDAQ:VOD) is selling its 44% stake in French mobile phone company SFR to Vivendi in a deal worth about $11.3 billion
5Apr2011 | vitalstocks | 0 comments | Continued(RE) Everest Re Group Announces Expansion in Canada
Late last week, Everest Re Group Ltd., (RE) announced that its subsidiary Everest Reinsurance Co. had purchased Premiere Underwriting Services (Premiere) based in Toronto, Canada.
Premiere is a managing...
(HIG) Hartford Financial Services Group Earnings Miss – Company Doubles Dividend
Hartford Financial Services Group Inc. (HIG) reported its fourth-quarter adjusted core earnings of $451.0 million or 91 cents per share, lagging the Zacks Consensus Estimate of 96 cents. Additionally, Hartford...
(LNC) Lincoln National Investors Get Early Christmas
After successfully reconstructing its debt, Lincoln National Corp. (LNC) made yesterday eventful by outlining a number of ways to return wealth to shareholders, which includes a dividend hike, resumption of...
(HIG) Hartford Financial Services Group Earnings Exceed – Guidance Increased
Hartford Financial Services Group Inc. (HIG) reported its third-quarter adjusted earnings of $485.0 million or 98 cents per share, surpassing the Zacks Consensus Estimate of 97 cents. The improved showing...
(HIG) Hartford Financial Services Group Earnings Exceed – Profits Soar
Hartford Financial Services Group Inc. (HIG) reported its second-quarter adjusted earnings of $460.0 million or 92 cents per share, surpassing the Zacks Consensus Estimate of 73 cents. The improved showing...
(AEG) Aegon NV Reviews Strategic Measures To Dispose Of Units
On Tuesday, Aegon NV (AEG) stated that it will consider options to dispose its US-based life reinsurance unit Transamerica Re and restructure its business in the UK, as it intends to realign and enhance focus...
(PRE) PartnerRe Ltd. Earns Debt Rating From A.M. Best
On Thursday, PartnerRe Ltd. (PRE) got its issuer credit rating (ICR) of “a-” and debt ratings affirmed by rating agency, A.M. Best, reflecting a stable outlook for all.
Alongside...
(PRE) PartnerRe Limited – Bear of the Day
We are downgrading our recommendation on PartnerRe (PRE) to Underperform from Neutral. The company’s first quarter loss was substantially below the Zacks Consensus Estimate and considerably lagged behind...
(BP) Fallout from the Worst Oil Spill in U.S. History
As oil from the destroyed rig in the Gulf of Mexico continues to spill into the water, creating an oil slick the size of Delaware, there’s no doubt that the damages are going to be extremely high – both financially and environmentally.
British Petroleum...
(MXGL) Max Capital Group Publishes Preliminary Losses
Last week, Max Capital Group Ltd. (MXGL) announced its preliminary loss estimates from the 8.8 magnitude earthquake in Chile, European Windstorm Xynthia and the Australian hailstorms.
Max Capital expects...
(MRH) Montpelier Re Holdings Predicts Initial Chile Earthquake Losses
Yesterday, Montpelier Re Holdings Ltd. (MRH) announced its preliminary loss estimates from the 8.8 magnitude earthquake in Chile, European Windstorm Xynthia and the Australian hailstorms.
Montpelier...
(AXS) AXIS Capital Holdings Predicts Preliminary Losses
Yesterday, AXIS Capital Holdings Ltd. (AXS) provided its preliminary loss estimates from the earthquake in Chile and the European Windstorm Xynthia.
AXIS Capital announced that it expects to incur net...
(AIG) Insurance Industry Stock Update – February 2010 – Industry Outlook
The turmoil in the financial markets has created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. This trend is expected to continue at least through the first half of 2010, though there are some early signs...
(PRE) PartnerRe Acquires PARIS RE
Bermuda based reinsurer PartnerRe Ltd. (PRE) announced that it has completed the acquisition of Switzerland-based diversified reinsurer PARIS RE. The process went according to plans and got completed on time.
Announced...
($AIG) Insurance Industry – Industry Outlook
The turmoil in the financial markets has created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. This trend is expected to continue at least through the first half of 2010, though there are some early signs...
(PRE) PartnerRe Closes ParisRe Deal
PartnerRe Ltd. (PRE) has successfully closed its previously announced block purchase of the common shares of ParisRe Holdings Limited (PRI), the French-listed, Swiss-based diversified Re-insurer. As on Oct 2, 2009, PartnerRe had acquired approximately...