Reinsurance

Rating agency A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of theproperty and casualty (P&C) and life and health insurance subsidiariesof Assurant, Inc. (AIZ). Also, A.M. Best has affirmed the issuer credit ratings of “bbb” and debt ratings...

Insurance and reinsurance solutions provider Montpelier Re Holdings Ltd. (MRH) has declared an increase in its quarterly dividend by 11% to 10 cents per share.The increased dividend will be paid on January 14, 2010, to shareholders of record as of December 31, 2010. On the basis of increased...

Insurance and reinsurance solutions provider Montpelier Re Holdings Ltd. (MRH) has declared an increase in its quarterly dividend by 11% to 10 cents per share.The increased dividend will be paid on January 14, 2010, to shareholders of record as of December 31, 2010. On the basis of increased...

The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.25 per common share on its common stock. The dividend is payable on December 31, 2010 to shareholders of record on December 15, 2010.

Montpelier Re Holdings Ltd. (NYSE: MRH) today announced that its Board of Directors has agreed to increase the regular quarterly dividend payable on the Company's issued common shares by 11%. The Board has declared a quarterly dividend of $0.10 per common share, payable on January 14, 2011, to all...

For Immediate Release Chicago, IL – November 16, 2010 – Zacks.com Analyst Blog features: BP Plc (BP), Eni SpA (E), Occidental Petroleum Corporation (OXY), ExxonMobil Corporation (XOM) and AXIS Capital Holdings Limited (AXS). Get the most recent insight from Zacks Equity Research with the free...

Rating agency A.M. Best Co. affirmed the issuer credit rating (ICR) of “bbb+” and existing debt ratings of AXIS Capital Holdings Limited (AXS). The rating agency also affirmed the financial strength rating (FSR) of A (Excellent) and ICR of “a+” of AXIS Specialty and its operating affiliates. The...

After successfully reconstructing its debt, Lincoln National Corp. (LNC) made yesterday eventful by outlining a number of ways to return wealth to shareholders, which includes a dividend hike, resumption of share repurchase program and redemption of preferred securities. The board of Lincoln...

PartnerRe Ltd. (NYSE: PRE) announced that its Board of Directors has declared a dividend for the period September 1, 2010 – November 30, 2010 of $0.421875 per share on the Company's 6.75% Series C Cumulative Redeemable Preferred Shares, and $0.40625 per share on the Company's 6.5% Series D...

Maiden Holdings (NASDAQ: MHLD) reported a penny beat to the Street. Solid top-line growth (30.9% vs. our 29.7%) and underwriting results (97.0% vs. KBW's 96.5%) were largely in-line to our estimate. Operating ROE was 10%. KBW is maintaining its EPS estimates and $10 target price. With over 30%...

On November 4, Maiden Holdings Ltd. (NASDAQ: MHLD) reported operating EPS of $0.26, in line with Wunderlich's estimate and a 9% increase from $0.23 a year ago. Book value increased 11% to $10.52 from $9.45 in 3Q09. In addition, MHLD is expected to close on the GMAC International transaction in...

PartnerRe Ltd.'s (PRE) third quarter operating earnings per share of $3.69 came in substantially higher than the Zacks Consensus Estimate of $2.96 cents per share. However, this was way behind the earnings of $4.77 per share in the year-ago quarter. Operating earnings were calculated after...

Everest Re Group Ltd. (RE) reported third quarter operating profit of $2.67 per share, in line with the Zacks Consensus Estimate. The company had earned $3.43 in the prior year quarter. Including realized capital gains and losses, Everest reported a net income of $174.2 million or $3.11 per...

3SBio Inc (NASDAQ: SSRX) shares gained 2.63% to create a new 52-week high of $16.02. SSRX is all set to release its Q3 unaudited financial results on November 15. Altra Holdings Inc (NASDAQ: AIMC) shares jumped 2.12% to touch a new 52-week high of $16.39. AIMC reported a 23% y/y rise in its Q3...