Reinsurance

Everest Re Group, Ltd. (NYSE: RE) reported fourth quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $257.8 million, or $4.70 per diluted common share, compared to after-tax operating income1 of $192.0 million, or $3.19 per diluted common share, in the...

Everest Re Group, Ltd. (NYSE: RE) reported fourth quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $257.8 million, or $4.70 per diluted common share, compared to after-tax operating income1 of $192.0 million, or $3.19 per diluted common share, in the...

KBW is lowering its PT on shares of Platinum Underwriters Holdings (NYSE: PTP) to $47, but maintains a Market Perform rating. Platinum Underwriters Holdings closed Tuesday at $45.56.

KBW is raising its PT on RenaissanceRe Holdings Ltd. (NYSE: RNR) to $63. RenaissanceRe Holdings closed Tuesday at $67.14.

PartnerRe Ltd. (NYSE: PRE) announced today that President and Chief Executive Officer Costas Miranthis, has been appointed to fill a vacancy on its Board of Directors, effective February 7 , 2011. The vacancy was created by the resignation of Patrick Thiele upon his retirement from the Company.

RenaissanceRe Holdings Ltd. (NYSE: RNR) today reported net income available to RenaissanceRe common shareholders of $122.6 million or $2.23 per diluted common share in the fourth quarter of 2010, compared to $211.8 million or $3.38 per diluted common share, in the fourth quarter of 2009. Operating...

Operating EPS PartnerRe Ltd. (NYSE: PRE) was $1.52 ($1.63 ex FX) for the quarter, Sterne Agee reports. “This was below our estimate of $1.70, but better than Street consensus at $1.43,” Sterne Agee writes. “The difference vs. our estimate was driven by higher P&C underwriting income (about $0....

PartnerRe Ltd. (NYSE: PRE) today reported net income of $57.0 million, or $0.65 per share on a fully diluted basis for the fourth quarter of 2010. This net income includes net after-tax realized and unrealized losses on investments of $71.8 million, or $0.96 per share. Net income for the fourth...

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 was way behind the adjusted core earnings of $527 million or $1.12 per share reported...

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 was way behind the adjusted core earnings of $527 million or $1.12 per share reported...

As investors know, David Einhorn of Greenlight Capital Reinsurance (NASDAQ: GLRE) and David Berkowitz have been having a war about the value of St. Joe (NYSE: JOE). On CNBC today, Berkowitz says that if St. Joe were to go private at these levels, it would not be in the best interests of...

Late last week, health insurance company CIGNA Corp. (CI) received rating action from A.M. Best Co. wherein it affirmed the company's issuer credit rating (ICR) of “bbb.” It also affirmed the strength rating (FSR) of “A” and ICRs of “a” for some subsidiaries of CIGNA including: Connecticut...

Late last week, health insurance company CIGNA Corp. (CI) received rating action from A.M. Best Co. wherein it affirmed the company's issuer credit rating (ICR) of “bbb.” It also affirmed the strength rating (FSR) of “A” and ICRs of “a” for some subsidiaries of CIGNA including: Connecticut...

In a Form 4 filed earlier today, Flagstone Reinsurance Holdings SA (NYSE: FSR) Shareholder, James Byrne, reported that he sold 25,000 shares of FSR on January 19th for an average price of $12.57. The transaction totaled $314,150. Mr. Byrne owns 25,000 indirect shares of FSR. Source: The Washington...

Analysts at Janney Capital downgrade PartnerRe Ltd (NYSE: PRE) from “buy” to “neutral.” PRE shares fell 0.10% to close at $80.91 yesterday. More Analyst Ratings here