The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under
The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under
The New York Workers' Compensation Reform Task Force is attempting to get back on track to develop permanent impairment guidelines after the state's insurance department terminated a contract with a c
The company's underwriting results were described as "very strong" by David Brown, Flagstone chief executive officer, in a statement. Net written premiums increased from $198.8 million in the first qu
For its insurance operations, Max Capital reported $201.4 million in net written premiums for the quarter, compared to $137 million in 2007. The company attributed the increase to new agriculture cove
He said that much of that growth was due to the strength of international currencies against the dollar, but he noted that the company now insures 4.2 million autos outside the United States. Mr. Kel
Odyssey Re Holdings Corp. reported a 183 percent increase in first quarter gains helped by a sharp increase in net realized investment gains, but warned of a challenging underwriting environment affec
Increased competition in its insurance markets and turbulence in the financial sector were blamed for Richmond, Va.-based specialty insurer Markel Corporation reporting a 66 percent decline in net inc
Aspen said that its net earned premium for the quarter was $391.6 million, compared to $439 million in the first quarter of 2007. The combined ratio deteriorated by six points rising from 79.4 in the
While the extent of damage caused by three tornadoes that struck southeastern Virginia Monday is still unknown, one catastrophe modeling firm said that insured losses will not likely reach a point whe