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	<title>Stock Blog Hub &#187; RE</title>
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		<title>(PRE) PartnerRe Analyst Maintains Neutral Rating</title>
		<link>http://www.stockbloghub.com/2011/10/18/pre-partnerre-analyst-maintains-neutral-rating/85265</link>
		<comments>http://www.stockbloghub.com/2011/10/18/pre-partnerre-analyst-maintains-neutral-rating/85265#comments</comments>
		<pubDate>Tue, 18 Oct 2011 17:10:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[W.R. Berkley Corporation]]></category>
		<category><![CDATA[Westar Energy Inc.]]></category>
		<category><![CDATA[WR]]></category>
		<category><![CDATA[WRB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85265</guid>
		<description><![CDATA[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 and a fair amount of liquidity. PartnerRe’s second quarter operating earnings per share of 98 cents came in significantly higher than the Zacks Consensus Estimate of 68 cents, but lagged behind $1.80 recorded in the year-ago quarter. Results deteriorated year over year on the back of higher CAT losses, declining premiums written, poor underwriting results and lower investment income driven by low reinvestment rates, which thereby led to tepid top line and book value growth. To achieve effective and efficient capital allocation, PartnerRe focuses on operating ROE. Despite reducing the share count through a series of share buybacks and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/18/pre-partnerre-analyst-maintains-neutral-rating/85265/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/07/12/re-everest-re-upgraded-to-neutral/78838</link>
		<comments>http://www.stockbloghub.com/2011/07/12/re-everest-re-upgraded-to-neutral/78838#comments</comments>
		<pubDate>Tue, 12 Jul 2011 16:56:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[Montpelier Re Holdings Limited]]></category>
		<category><![CDATA[MRH]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PIMCO Municipal Income Fund II]]></category>
		<category><![CDATA[PML]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[RenaissanceRe Holdings Limited]]></category>
		<category><![CDATA[RNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78838</guid>
		<description><![CDATA[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 catastrophe losses (cat losses) that strained capital across the industry in the first half of the year. We expect meaningful rate increases, particularly in the regions mostly affected by these events. Other factors that are expected to drive heightened demand for reinsurance include higher capital requirements from the implementation of Solvency II in Europe. In the United States, the new version (RMS 11) of catastro­phe model (cat model) has increased probable maximum loss (PML) considerably. The combination of these events will likely improve the reinsurance demand going forward. We expect Everest Re to benefit from a shift ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/12/re-everest-re-upgraded-to-neutral/78838/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(RE) Everest Re Group Limited Announces Catastrophe Loss Estimate</title>
		<link>http://www.stockbloghub.com/2011/07/11/re-everest-re-group-limited-announces-catastrophe-loss-estimate/78591</link>
		<comments>http://www.stockbloghub.com/2011/07/11/re-everest-re-group-limited-announces-catastrophe-loss-estimate/78591#comments</comments>
		<pubDate>Mon, 11 Jul 2011 16:00:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78591</guid>
		<description><![CDATA[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, as a property catastrophe writer, expects after-tax cat losses of $80 million from a series of severe storms that ravaged the U.S. in the months of April and May, along with the wildfires in Alberta, Canada. Everest Re stated that the estimates include updated provisions for first quarter cat loss of nearly $10 million on account of the New Zealand earthquake. In the first quarter, Everest Re suffered total pre-tax cat losses of $665 million, with the Japanese Tsunami accounting for $400 million, New Zealand earthquake $200 million, Australian flood $55 million and Cyclone Yasi $10 million. However, net of tax and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/11/re-everest-re-group-limited-announces-catastrophe-loss-estimate/78591/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(RE) Everest Re Group Limited &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/03/re-everest-re-group-limited-bear-of-the-day-2/72993</link>
		<comments>http://www.stockbloghub.com/2011/05/03/re-everest-re-group-limited-bear-of-the-day-2/72993#comments</comments>
		<pubDate>Tue, 03 May 2011 15:45:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72993</guid>
		<description><![CDATA[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 New Zealand Earthquake in February and the Tohoku Earthquake in March. 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 market conditions. Additionally, the potential for future reserve additions remains a challenge. Our six-month target price of $83.00 equates to 36.9x our earnings estimate for 2011. With an annual dividend of $1.92 per share, this price target implies an expected negative total return of 7.8% over that period. This is consistent with our Underperform recommendation on the shares. EVEREST RE ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/re-everest-re-group-limited-bear-of-the-day-2/72993/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(RE) Everest Re Group &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/18/re-everest-re-group-bear-of-the-day/71725</link>
		<comments>http://www.stockbloghub.com/2011/04/18/re-everest-re-group-bear-of-the-day/71725#comments</comments>
		<pubDate>Mon, 18 Apr 2011 14:30:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71725</guid>
		<description><![CDATA[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 of tough market conditions. Additionally, the potential for future reserve additions remains a challenge. The company&#8217;s fourth quarter 2010 earnings were significantly higher than the Zacks Consensus Estimate Results were aided by higher investment income, partially offset by lower premiums written. Everest Re Group guided preliminary losses from earthquake and tsunami in Japan at $320 million, pre-tax and net of reinstatement premiums and taxes. Our six-month target price of $83.00 equates to 44.9x our earnings estimate for 2011. With an annual dividend of $1.92 per share, this price target implies an expected negative ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/18/re-everest-re-group-bear-of-the-day/71725/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Forecasts Earthquake and Tsunami Losses</title>
		<link>http://www.stockbloghub.com/2011/04/13/re-everest-re-group-forecasts-earthquake-and-tsunami-losses/71424</link>
		<comments>http://www.stockbloghub.com/2011/04/13/re-everest-re-group-forecasts-earthquake-and-tsunami-losses/71424#comments</comments>
		<pubDate>Thu, 14 Apr 2011 03:07:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ACE]]></category>
		<category><![CDATA[ACE Limited]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[XL]]></category>
		<category><![CDATA[XL Capital Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71424</guid>
		<description><![CDATA[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 losses of roughly $25 billion resulting from the Japanese earthquake and tsunami. ACE Ltd. (ACE) which competes with Everest Re, estimated net after-tax losses from the Japanese earthquake to range between $200 million and $250 million. Another peer, XL Group (XL) guided preliminary losses from the earthquake and tsunami in Japan to be between $190 million and $290 million, pre-tax and net of reinsurance and reinstatement premiums. Earlier, Everest Re expected preliminary first quarter 2011 pre-tax losses to range between $140 million and $210 million, owing to the deadly February 2011 New Zealand earthquake. The company also expected the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/re-everest-re-group-forecasts-earthquake-and-tsunami-losses/71424/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ACGL) Company News for April 05, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/04/05/acgl-company-news-for-april-05-2011-corporate-summary/70699</link>
		<comments>http://www.stockbloghub.com/2011/04/05/acgl-company-news-for-april-05-2011-corporate-summary/70699#comments</comments>
		<pubDate>Tue, 05 Apr 2011 21:01:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ACGL]]></category>
		<category><![CDATA[Arch Capital Group Limited]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[National Semiconductor Corporation]]></category>
		<category><![CDATA[NSM]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[Texas Instruments Inc.]]></category>
		<category><![CDATA[Transatlantic Holdings Inc.]]></category>
		<category><![CDATA[TRH]]></category>
		<category><![CDATA[TXN]]></category>
		<category><![CDATA[VOD]]></category>
		<category><![CDATA[Vodafone Group plc]]></category>
		<category><![CDATA[W.R. Berkley Corporation]]></category>
		<category><![CDATA[Westar Energy Inc.]]></category>
		<category><![CDATA[WR]]></category>
		<category><![CDATA[WRB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70699</guid>
		<description><![CDATA[• 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 • Shares of Pfizer (NYSE:PFE) gained 0.79% to close at $20.54 after the company agreed to sell its Capsugel unit to KKR &#38; Co. (NYSE:KKR) for nearly $2.4 billion • Texas Instruments (NYSE:TXN) and National Semiconductor (NYSE:NSM) announced they have signed a definitive agreement under which the former will acquire National for $25 per share in an all-cash transaction of a deal worth approximately $6.5 billion • Shares of Arch Capital Group Ltd. (NASDAQ:ACGL) added $1.49 in afternoon trading, to touch $102.01 after Citi analysts upgraded the company from &#8220;Hold&#8221; to &#8220;Buy&#8221; and lifted its target price from $94 to $121 • Citi upgraded Axis Capital ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/05/acgl-company-news-for-april-05-2011-corporate-summary/70699/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Limited &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/04/re-everest-re-group-limited-bear-of-the-day/70581</link>
		<comments>http://www.stockbloghub.com/2011/04/04/re-everest-re-group-limited-bear-of-the-day/70581#comments</comments>
		<pubDate>Mon, 04 Apr 2011 13:46:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70581</guid>
		<description><![CDATA[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 market conditions. Additionally, the potential for future reserve additions remains a challenge. Everest estimates its first quarter 2011 pre-tax losses to range between $140 million and $210 million, owing to the deadly February 2011 New Zealand earthquake. The Australian floods will likely cause a gross loss of another $45 million to Everest Re, which writes 7% of its Reinsurance business in the Asia/Australia region. While the company expects its property line to post growth, the casualty line is expected to continue to decline due to the ongoing tough market conditions. The extent of increased ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/04/re-everest-re-group-limited-bear-of-the-day/70581/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Announces Expansion in Canada</title>
		<link>http://www.stockbloghub.com/2011/02/18/re-everest-re-group-announces-expansion-in-canada/67040</link>
		<comments>http://www.stockbloghub.com/2011/02/18/re-everest-re-group-announces-expansion-in-canada/67040#comments</comments>
		<pubDate>Fri, 18 Feb 2011 16:41:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[RenaissanceRe Holdings Limited]]></category>
		<category><![CDATA[RNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67040</guid>
		<description><![CDATA[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 general agent specializing in Entertainment, Sports and Leisure related risks. In addition, Everest also announced the purchase of renewal rights and operations of financial lines business of Executive Risk Insurance Services, Ltd. which is also based in Toronto, Canada. The value of the deals was however, not disclosed. The purchase of these units signifies Everest Re’s efforts to foray into &#8220;short tail&#8221; specialty lines. A particular class of insurance business, where claims related to it are typically paid out during or shortly after the policy period, is described as having a “short tail.&#8221; These types of businesses reduce the risk of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/18/re-everest-re-group-announces-expansion-in-canada/67040/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Ratings Raised by Standard &amp; Poor&#8217;s Ratings Services</title>
		<link>http://www.stockbloghub.com/2010/04/08/re-everest-re-group-ratings-raised-by-standard-poors-ratings-services/33257</link>
		<comments>http://www.stockbloghub.com/2010/04/08/re-everest-re-group-ratings-raised-by-standard-poors-ratings-services/33257#comments</comments>
		<pubDate>Thu, 08 Apr 2010 23:41:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33257</guid>
		<description><![CDATA[Yesterday, the credit rating of Everest Re Group Ltd. (RE) was upgraded by Standard &#38; Poor&#8217;s Ratings Services (S&#38;P). The upgrade reflects Everest’s significant liquidity position and its financial flexibility. S&#38;P raised the counterparty credit ratings on Everest Re Group and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc., to &#8216;A-&#8217; from &#8216;BBB+.&#8217; According to the S&#38;P, Everest maintains reasonable financial leverage and solid interest coverage. Additionally, the company has a sturdy liquidity position and significant marketable assets on its balance sheet. S&#38;P has also affirmed the &#8216;A+&#8217; counterparty credit and financial strength ratings on the company&#8217;s main operating subsidiaries &#8212; Everest Reinsurance (Bermuda) Ltd. (Bermuda Re), Everest Reinsurance Co., Everest National Insurance Co. and Everest Reinsurance Co. (Ireland) Ltd. The outlook is stable. The affirmation comes as S&#38;P ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(RE) Everest Re &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/03/29/re-everest-re-bear-of-the-day/31722</link>
		<comments>http://www.stockbloghub.com/2010/03/29/re-everest-re-bear-of-the-day/31722#comments</comments>
		<pubDate>Mon, 29 Mar 2010 17:46:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31722</guid>
		<description><![CDATA[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 are substantial. Also, the company&#8217;s fourth quarter earnings missed the Zacks Consensus Estimate, primarily as a result of prior-year reserve additions. Going forward, the casualty line and the marine books are expected to decline due to tough market conditions. Additionally, the potential for future reserve additions also remains a challenge. Our six-month target price of $72.00 per share equates to 8.5X our earnings estimate for 2010. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/re-everest-re-bear-of-the-day/31722/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Analyst Downgrades Estimates</title>
		<link>http://www.stockbloghub.com/2010/03/29/re-everest-re-group-analyst-downgrades-estimates/31736</link>
		<comments>http://www.stockbloghub.com/2010/03/29/re-everest-re-group-analyst-downgrades-estimates/31736#comments</comments>
		<pubDate>Mon, 29 Mar 2010 17:40:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31736</guid>
		<description><![CDATA[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 Xynthia. The losses are substantial. The company expects to incur $225 million of losses for the earthquake in Chile and around $25 million for the Windstorm Xynthia. Everest Re’s loss estimates are net of tax and reinstatement premiums. The company said that it was too early to get a clear picture of its customers’ underlying losses from the two events, and that estimates may change with further information. Everest Re reported fourth quarter earnings of $3.19 per share, which missed the Zacks Consensus Estimate of $3.38. The miss was primarily due to a $92 million of prior year reserve ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(MXGL) Max Capital Group Publishes Preliminary Losses</title>
		<link>http://www.stockbloghub.com/2010/03/23/mxgl-max-capital-group-publishes-preliminary-losses/31493</link>
		<comments>http://www.stockbloghub.com/2010/03/23/mxgl-max-capital-group-publishes-preliminary-losses/31493#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:50:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31493</guid>
		<description><![CDATA[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 to incur combined pre-tax net losses of $10 million to $20 million from the earthquake in Chile and Xynthia windstorm. The estimates of Max Capital are net of reinstatement premiums. Like other insurers, Max had a hard catastrophe year in 2008 while 2009 came as a respite, which affected the company’s underwriting income favorably. However, experts say that 2010 could be a different story. The catastrophe losses early during the year are expected to drain the company’s first quarter 2010 earnings. Estimate Revisions Over the last 30 days as well as last 7 days, the stock of Max Capital has not ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/23/mxgl-max-capital-group-publishes-preliminary-losses/31493/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MRH) Montpelier Re Holdings Predicts Initial Chile Earthquake Losses</title>
		<link>http://www.stockbloghub.com/2010/03/17/mrh-montpelier-re-holdings-predicts-initial-chile-earthquake-losses/30945</link>
		<comments>http://www.stockbloghub.com/2010/03/17/mrh-montpelier-re-holdings-predicts-initial-chile-earthquake-losses/30945#comments</comments>
		<pubDate>Wed, 17 Mar 2010 19:29:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[Montpelier Re Holdings Limited]]></category>
		<category><![CDATA[MRH]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30945</guid>
		<description><![CDATA[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 expects to incur pre-tax net losses of $75 million to $100 million from the earthquake in Chile. Additionally, the company estimates its combined pre-tax net losses from European Windstorm Xynthia and the Australian hailstorms to be less than $10 million. The estimates of Montpelier are net of reinstatement premiums. Earlier this week, AXIS Capital Holdings Limited (AXS) also announced that it expects to incur net losses of $60 million to $125 million for the earthquake. In addition, AXIS Capital’s initial estimate of losses from the European Windstorm Xynthia ranges between $10 million and $20 million. The net loss estimates are provided on a pre-tax ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AXS) AXIS Capital Holdings Predicts Preliminary Losses</title>
		<link>http://www.stockbloghub.com/2010/03/16/axs-axis-capital-holdings-predicts-preliminary-losses/30770</link>
		<comments>http://www.stockbloghub.com/2010/03/16/axs-axis-capital-holdings-predicts-preliminary-losses/30770#comments</comments>
		<pubDate>Tue, 16 Mar 2010 22:27:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30770</guid>
		<description><![CDATA[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 losses between $60 million and $125 million for the earthquake. The 8.8 magnitude earthquake that occurred off the coast of the Maule Region of Chile on Feb 27 has left over 497 dead and hundreds missing. Industry insured losses for the earthquake is estimated between $4 billion and $8 billion. In addition, AXIS Capital’s initial estimate of losses from the European Windstorm Xynthia ranges between $10 million and $20 million. Industry losses for the storm are projected between $2 billion and $4 billion. The net loss estimates are provided on a pre-tax basis and net of reinstatement premiums. Xynthia, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/16/axs-axis-capital-holdings-predicts-preliminary-losses/30770/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(RE) Everest Re Group&#8217;s Earnings Report Misses Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2010/02/16/re-everest-re-groups-earnings-report-misses-consensus-estimates/28172</link>
		<comments>http://www.stockbloghub.com/2010/02/16/re-everest-re-groups-earnings-report-misses-consensus-estimates/28172#comments</comments>
		<pubDate>Wed, 17 Feb 2010 00:32:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28172</guid>
		<description><![CDATA[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 better compared to the prior-year quarter when the company had reported earnings of $2.92 per share. The increase was primarily driven by higher revenues and a mild catastrophe season. Including realized capital gains and losses, Everest reported net income of $197.2 million or $3.28 per share, compared to a net loss of $16.6 million or 27 cents per share in the year-ago period. Results in the prior-year quarter had been hurt by higher capital losses. For the full year 2009, Everest reported operating earnings of $12.51 per share, up from $9.10 per share reported a year earlier. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(AIG) Insurance Industry Stock Update &#8211; February 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/02/08/aig-insurance-industry-stock-update-february-2010-industry-outlook/27383</link>
		<comments>http://www.stockbloghub.com/2010/02/08/aig-insurance-industry-stock-update-february-2010-industry-outlook/27383#comments</comments>
		<pubDate>Tue, 09 Feb 2010 03:20:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AHL]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allied World Assurance Company Holdings Limited]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[Aspen Insurance Holdings Limited]]></category>
		<category><![CDATA[AWH]]></category>
		<category><![CDATA[AXA]]></category>
		<category><![CDATA[CNO]]></category>
		<category><![CDATA[Conseco Inc.]]></category>
		<category><![CDATA[EMC Insurance Group Inc.]]></category>
		<category><![CDATA[EMCI]]></category>
		<category><![CDATA[Enstar Group Limited]]></category>
		<category><![CDATA[ESGR]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[FBL Financial Group Inc.]]></category>
		<category><![CDATA[FFG]]></category>
		<category><![CDATA[GLRE]]></category>
		<category><![CDATA[Greenlight Capital Re Limited]]></category>
		<category><![CDATA[Hartford Financial Services Group Inc]]></category>
		<category><![CDATA[HIG]]></category>
		<category><![CDATA[Infinity Property and Casualty Corporation]]></category>
		<category><![CDATA[IPCC]]></category>
		<category><![CDATA[LNC]]></category>
		<category><![CDATA[Manulife Financial Corporation]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[Mercer Insurance Group Inc.]]></category>
		<category><![CDATA[MFC]]></category>
		<category><![CDATA[MIGP]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PFG]]></category>
		<category><![CDATA[Phoenix Companies Inc.]]></category>
		<category><![CDATA[PNX]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>
		<category><![CDATA[Prudential plc]]></category>
		<category><![CDATA[PUK]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[RenaissanceRe Holdings Limited]]></category>
		<category><![CDATA[RNR]]></category>
		<category><![CDATA[UAM]]></category>
		<category><![CDATA[Unitrin Inc.]]></category>
		<category><![CDATA[Universal American Corp]]></category>
		<category><![CDATA[UTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27383</guid>
		<description><![CDATA[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 of an economic recovery. Also, structural economies of scale have pushed the industry toward consolidation. While enormous financial support from the government rescued AIG (AIG) from collapse, many other firms remain under tremendous pressure or have fallen by the wayside. Competition within the segments of the industry has reduced, which is consolidating through mergers and acquisitions. This has increased the market shares of the largest firms. We expect static growth with persistent soft market conditions and an ongoing market crisis, resulting in further consolidation in the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RE) Everest Re Group Barely Misses Earnings Consensus</title>
		<link>http://www.stockbloghub.com/2009/11/02/re-everest-re-group-barely-misses-earnings-consensus/19458</link>
		<comments>http://www.stockbloghub.com/2009/11/02/re-everest-re-group-barely-misses-earnings-consensus/19458#comments</comments>
		<pubDate>Tue, 03 Nov 2009 05:05:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19458</guid>
		<description><![CDATA[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 rates coupled with the low catastrophe activity had resulted in favorable earnings. The net income was $228.6 million, compared to a loss of $233.1 million in the prior year period. Gross written premiums increased 13% to $1.1 billion for the quarter compared to $999.2 million for the same period in 2008. This growth was driven by a strong U.S. reinsurance property market, particularly for catastrophe exposed regions, the continued expansion of business in various international reinsurance markets and new program development on the insurance book. Net investment income was $165.4 million, flat compared to the third quarter of ]]></description>
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		<slash:comments>0</slash:comments>
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	</channel>
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