Catlin Joins With Natural History Museum to Present Major Carol Reef Exhibition
M2 - Fri Mar 27, 11:25AM CDT
Catlin Group Limited ('CGL'; London Stock Exchange), the international specialty property/casualty insurer and reinsurer, has joined forces with the Natural History Museum in London to present a major exhibition, which opens today, that explores the importance and beauty of the world's coral reefs.
Dive into the secret cities of the sea
M2 - Fri Mar 27, 5:10AM CDT
A live coral reef and a panoramic virtual dive are just some of the amazing sights in store for visitors to the new exhibition, Coral Reefs: Secret Cities of the Sea. It runs at the Natural History Museum, 27 March - 13 September, in partnership with Catlin Group Limited.
XL Group plc Announces Pricing of Subordinated Notes
PR Newswire - Tue Mar 24, 7:14PM CDT
XL Group plc (NYSE: XL) (together with its subsidiaries, "XL"
XL: 37.86 (-0.06)
Fitch: Market Conditions Pushing Bermuda Consolidation Pressure
Business Wire - Tue Jan 27, 10:25AM CST
According to a new Fitch Ratings report, the Bermuda market is seeing increased consolidation activity in 2015, as several companies have recently jumped into the merger and acquisition (M&A) forum to combat the competitive stress in the (re)insurance market.
AXS: 52.32 (+0.65)
A.M. Best Places Ratings of Catlin Group Limited and Its Subsidiaries Under Review with Positive Implications
Business Wire - Fri Jan 09, 11:57AM CST
A.M. Best has placed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of the insurance subsidiaries of Catlin Group Limited (Catlin) (Bermuda) under review with positive implications based on the recent announcement that it has entered into an agreement to be acquired by XL Group plc. Additionally, A.M. Best has placed the ICRs of "bbb" of Catlin Underwriting (CU) (United Kingdom), a non-operating holding company, and Catlin, the ultimate parent company of the Catlin group, under review with positive implications.
XL Group agrees to purchase Catlin Group in $4.1B deal
Seeking Alpha - at Seeking Alpha - Fri Jan 09, 6:12AM CST
XL: 37.86 (-0.06)
XL Group Plc Announces Acquisition of Catlin Group Limited
PR Newswire Europe - Fri Jan 09, 4:44AM CST
Expected to Create a Leader in Global Specialty Insurance and Reinsurance Markets
XL: 37.86 (-0.06)
Wall Street Breakfast: China Offers Support For Russia's Currency Crisis
Wall Street Breakfast - Seeking Alpha - Mon Dec 22, 5:29AM CST
Outstanding Performance Article Rewards We're excited to announce our latest two Outstanding Performance award winners. Each author receives $2,500. Read more about our Outstanding Performance award winners here . Winner #1: Long Top Idea...
AMX: 21.21 (+0.06), FRPT: 24.09 (-1.37), OCN: 9.55 (+0.09), PFE: 35.44 (+0.41), BNFT: 36.90 (+0.19), SNE: 30.56 (+0.66), CZR: 11.32 (+0.05), XL: 37.86 (-0.06), CACQ: 6.48 (unch), T: 32.77 (+0.08), JNJ: 102.06 (+0.73), APP: 0.63 (+0.02), ESRX: 88.85 (+0.38), SPY: 210.04 (+1.14), QQQ: 107.75 (+0.44), GILD: 101.77 (+0.61), AZN: 69.91 (-0.25), GM: 36.57 (+0.28), MDW: 0.42 (+0.05), ABBV: 62.00 (+1.68)
XL Group clinches Catlin takeover
Seeking Alpha - at Seeking Alpha - Mon Dec 22, 1:44AM CST
XL: 37.86 (-0.06)
It's Not A Soft Reinsurance Market Yet And May Not Be In 2015: Moody's
Steve Evans - Seeking Alpha - Fri Dec 19, 12:52PM CST
As competition remains plentiful in the reinsurance market and capital remains abundant, reinsurance pricing pressures are widely expected to carry into 2015, but Kevin Lee of Moody’s explains that we’re still some way from a truly soft...
TPRE: 14.17 (+0.04), XL: 37.86 (-0.06), GLRE: 30.91 (-0.39)
MGM Resorts and FedEx are big market movers
AP - Wed Dec 17, 3:26PM CST
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
CERS: 3.90 (+0.03), DRIV: 25.99 (+0.06), FDX: 174.37 (+1.45), RT: 6.76 (+0.36), VOLC: 17.99 (+0.01), ASPX: 100.58 (+0.10), MSFT: 41.72 (+0.24), MGM: 22.55 (-0.06), XL: 37.86 (-0.06)
XL Group Confirms Preliminary Discussions with Catlin Group Limited Regarding Potential Transaction
PR Newswire - Wed Dec 17, 8:19AM CST
Noting the announcement made by Catlin Group Limited (Catlin) this morning, XL Group plc (NYSE: XL) today confirmed that it is engaged in preliminary discussions with Catlin (LSE: CGL) regarding a potential transaction to acquire the company and form a combined entity.
XL: 37.86 (-0.06)
Top 12 High-Yielding Shares In The FTSE 250
Stockopedia - Seeking Alpha - Tue Nov 11, 12:56PM CST
The FTSE 100 has long been a huge source of returns for hunters of high yield shares. In the third quarter of this year, 88.8% of all the dividends paid by UK quoted companies came from the blue chip index. But according to Capita, which monitors...
The Insurance Industry in Bermuda, Key Trends and Opportunities to 2018
M2 - Thu Aug 07, 10:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6kdqjr/the_insurance) has announced the addition of the "The Insurance Industry in Bermuda, Key Trends and Opportunities to 2018" report to their offering. Despite continued low investment yields and moderate economic growth in Europe and the US, Bermuda's insurance industry continued to thrive in 2013. Gross written premium increased at a rate of 7.4% from 2009 to 2013. The growth was primarily driven by low losses from catastrophes and proper reserve development in 2012. As a result, leading industry participants recorded a significant improvement in combined ratio, depicting strong underwriting performance which in turn supported their risk-adjusted capitalization. Key Highlights - A low regulatory burden, attractive tax environment and solid infrastructure have been key drivers for the growth of insurance, and also for the rise in the number of international companies in Bermuda. - The number of new insurers rose by 71% in 2013 over 2012, while the overall number of market participants fell from 1,209 in 2012 to 1,206 in 2013. - Bermuda has evolved as an offshore financial center, due to its minimal and liberal regulatory standards for businesses. - Growing competition is likely to have an adverse impact on the profitability of insurers and reinsurers in 2014 and 2015, with several operators exhibiting competitive underwriting practices. - During the review period, the frequency and magnitude of catastrophes increased globally, leading to increased losses and placing greater pressure on reinsurers. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Bermudian Insurance Industry Overview 4 Industry Segmentation 5 Governance, Risk and Compliance 6 Competitive Landscape 7 Economic Indicators 8 Appendix Companies Mentioned - Ace Bermuda Insurance - XL Group - PartnerRe Ltd - Everest Reinsurance (Bermuda) Ltd - Catlin Group Ltd - Axis Capital Holdings Ltd - Arch Insurance (Bermuda) - Allied World Assurance Company Holdings, AG - Endurance Specialty Holdings Ltd - Hiscox Ltd For more information visit http://www.researchandmarkets.com/research/6k..._insurance
AXS: 52.32 (+0.65), PRE: 118.67 (+1.47), ENH: 62.25 (+0.19)
A.M. Best Affirms Ratings of Catlin Group Limited's U.S. Subsidiaries
Business Wire - Wed Aug 06, 9:05AM CDT
A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings of "a" of Catlin Insurance Company, Inc. (CICI) (Houston, TX), Catlin Specialty Insurance Company (CSIC) and Catlin Indemnity Company (CIND). CICI, CSIC and CIND participate in the Catlin U.S. intercompany pooling agreement known as the Catlin U.S. Pool. The outlook for all ratings is stable. All companies are domiciled in Dover, DE unless otherwise specified, and are ultimately owned by Catlin Group Limited (CGL) (Bermuda).
A.M. Best Affirms Ratings of Catlin Group Limited and Its Subsidiaries
Business Wire - Wed Aug 06, 9:00AM CDT
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of Catlin Insurance Company Limited (CICL) (Bermuda), Catlin Insurance Company (UK) Ltd. (Catlin UK) (United Kingdom) and Catlin Re Switzerland Ltd. (Catlin Re) (Switzerland).