All Posts Tagged With: "RE"
(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...
(RE) Everest Re Group Limited Announces Catastrophe Loss Estimate
Bermuda-based reinsurer Everest Re Group Ltd. (RE) has announced its estimate of April-May catastrophe losses (cat losses) based on property damages resulting from cataclysmic weather conditions.
Everest...
(RE) Everest Re Group Limited – Bear of the Day
Everest Re Group (RE) reported an operating loss in the quarter, wider than the Zacks Consensus estimate as well as year ago results. The quarter suffered hugely due to the Australian flooding in January, the...
(RE) Everest Re Group – Bear of the Day
We are downgrading our recommendation on the shares of Everest Re Group (RE) as we believe that its top line growth will remain somewhat restricted due to the expected decline in the casualty line as a result...
(RE) Everest Re Group Forecasts Earthquake and Tsunami Losses
Everest Re Group, Ltd. (RE) guided preliminary losses from earthquake and tsunami in Japan at $320 million, pre-tax and net of reinstatement premiums and taxes.
The company has forecast total industry...
(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 Limited – Bear of the Day
We are downgrading our recommendation on shares of Everest Re (RE) as we believe that its top-line growth will remain somewhat restricted due to the expected decline in the casualty line as a result of tough...
(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...
(RE) Everest Re Group Ratings Raised by Standard & Poor’s Ratings Services
Yesterday, the credit rating of Everest Re Group Ltd. (RE) was upgraded by Standard & Poor’s Ratings Services (S&P). The upgrade reflects Everest’s significant liquidity position and its financial...
(RE) Everest Re – Bear of the Day
We are downgrading our recommendation on Everest Re (RE) to Underperform. The company recently announced its initial loss estimates from the earthquake in Chile and the European Windstorm Xynthia. The losses...
(RE) Everest Re Group Analyst Downgrades Estimates
We are downgrading our recommendation on Everest Re Group Ltd. (RE) to Underperform.
Everest Re has recently announced its initial loss estimates from the earthquake in Chile and the European Windstorm...
(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...
(RE) Everest Re Group’s Earnings Report Misses Consensus Estimates
Everest Re Group’s (RE) fourth quarter earnings of $3.19 per share missed the Zacks Consensus Estimate of $3.38. The miss was primarily due to an increase in claims expenses.
However, the results were...
(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...
(RE) Everest Re Group Barely Misses Earnings Consensus
Everest Re Group’s (RE) third-quarter earnings of $3.43 per share missed the Zacks Consensus Estimate of $3.47. Last year, the company had reported earnings of 20 cents per share. Strong property reinsurance...