Reinsurance

Shares of Arch Capital Group Ltd (NASDAQ: ACGL) are higher on the session by 1.34%, trading at $99.20. Overall call volume is now running at 8.28x the daily average, with 1% of all calls traded being purchases on the offer. 1,010 contracts have traded on the session so far. Arch Capital Group...

RenaissanceRe Holdings Ltd. (NYSE: RNR) is a “favorite stock given 80%+ of its business is exposed to improving pricing trends in global property reinsurance,” Morgan Stanley said in a report announcing that RNR had been added to its Best Ideas list. “We estimate RNR has $800 million of excess...

According to J.P. Morgan, Endurance Specialty Holdings (NYSE: ENH) CEO David Cash spoke at its insurance conference. J.P. Morgan reported that over the long term, the company sees an opportunity to expand its international reinsurance operation as the market grows faster than domestic and clients...

J.P. Morgan is out with its report today on Endurance Specialty Holdings (NYSE: ENH), updating its estimates in response to the Japanese earthquake. In a note to clients, J.P. Morgan writes, "Based on a higher premium exposure to the Japanese market, through its Singapore branch, we are raising...

Flagstone Reinsurance Holdings, S.A. (NYSE: FSR) today announced that its preliminary estimate for losses related to the March 2011, earthquake and tsunami in the Tohoku region of Japan is expected to be between $80 to $130 million net of reinstatement premiums and retrocession. The Company's...

On March 22, 2011, Platinum (NYSE: PTP) provided its initial 1Q 2011 net loss estimate for the New Zealand earthquake and Australian floods/Yasi of $135 million and $25 million, respectively. In addition, the company expects its share of the Honshu/Tohoku earthquake to be in the range of 0.25%-0....

On March 17, 2011, Everest Re (NYSE: RE) provided its initial 1Q 2011 net loss estimate for the New Zealand earthquake in the range of $140-$210 million and Australian floods of $45 million. As a result, JP Morgan is lowering its 2011-2013 operating EPS estimates by $13.05, $0.70, and $0.80 to a...

On March 10, 2011, Transatlantic Holdings (NYSE: TRH) provided its 1Q 2011 net loss estimate for the New Zealand earthquake and Australian floods/Yasi of $200 million. As a result, J.P Morgan is lowering its 2011-2013 operating EPS estimates by $4.91, $0.40, and $0.45 to $0.44, $5.40 and $5.35,...

On March 17, 2011, Endurance Specialty Holdings (NYSE: ENH) provided its initial 1Q 2011 net loss estimate for the New Zealand earthquake and Australian floods of $45 million and $15 million, respectively. As a result, J.P Morgan is lowering its 2011-2013 operating EPS estimates by $2.11, $0.30,...

J.P. Morgan is out with its report today on PartnerRe Ltd. (NYSE: PRE), updating its estimates. In a note to clients, J.P. Morgan writes, "We are updating estimates for PartnerRe following the Honshu/Tohoku earthquake. Specifically, we are reducing our 2011-2013 operating EPS estimates by $4.78, $...

J.P. Morgan is out with its report today on Validus Holdings (NYSE: VR), lowering its EPS estimates. In a note to clients, J.P. Morgan writes, "We are adjusting our 2011-2013 operating EPS estimates for Validus Holdings Ltd following a number of catastrophes in 1Q 2011. Specifically, we are...

J.P. Morgan has issued a report updating Arch Capital Group's (NASDAQ: ACGL) first quarter estimates. J.P. Morgan writes, "On March 14, 2011, Arch Capital Group (ACGL: UW) provided its preliminary 1Q 2011 net loss estimate for the New Zealand earthquake in the range of $35-$70 million, based on an...

KBW is out with its report today on Platinum Underwriters Holdings (NYSE: PTP), maintaining Market Perform. In a note to clients, KBW writes, "Platinum announced losses of $135 mm from the February NZ earthquake and $25 mm from the January Australian floods/Cyclone Yasi. Combined losses total $160...

Platinum Underwriters Holdings, Ltd. (NYSE: PTP) announced today its preliminary loss estimates for the 2011 Australian floods and Cyclone Yasi and the 2011 New Zealand earthquake. The Company also reaffirmed its confidence in the adequacy of its loss reserves for 2010 natural catastrophe events...

Everest Re Group, Ltd. (NYSE: RE) announced today its preliminary loss estimate for exposures relating to the earthquake that occurred near Christchurch, New Zealand in February. The Company's initial pre-tax loss estimate, net of reinstatement premiums, is in the range of $140 million to $210...