Zurich Insurance Profit Climbs as Catastrophe Claims Drop
Zurich Insurance Group AG (ZURN) , Switzerland ’s biggest insurer, said first-quarter profit climbed 78 percent after claims from natural catastrophes declined from record levels last year.
Annual General Meeting of Swiss National Insurance Company Ltd
The Annual General Meeting of Swiss National Insurance Company Ltd was held today in Basel. The shareholders agreed to a further increase in the dividend to be distributed. All other proposals made by ...
Cameron backs insurers on EU capital rules
LONDON (Reuters) - Prime Minister David Cameron on Friday said his government would fight to make sure Europe's proposed Solvency II capital rules for the insurance industry did not put insurers in Britain at a disadvantage.
UK's Cameron backs insurers on EU capital rules
LONDON, May 11 (Reuters) - British Prime Minister DavidCameron on Friday said his government would fight to make sureEurope's proposed Solvency II capital rules for the insuranceindustry did not put insurers ...
ACE Reports First Quarter 2012 Net Income of $973 Million, Operating Income of $701 Million and Combined Ratio of 89.2 ...
ACE Limited today reported net income for the quarter ended March 31, 2012, of $2.84 per share, compared with $0.73 per share for the same quarter last year. Income excluding net realized gains was $2.05 per share, compared with $0.76 per share for the same quarter last year. Book value and tangible book value increased 4.5% and 5.3%, respectively, from December 31, 2011.