Swiss reinsurance giant net income swings to gain in Q3, albeit with lower earned premiums.
Aon's net income for the third quarter rises, but income from continuing operations drops 25%
Endurance, the Bermudian (re)insurer today reported net income of $153.8m for the third quarter of 2009 versus a net loss of $99.4m in the third quarter of 2008
Execution research says that the buy back shows Munich Re believes market has stabilized.
Report from AM Best notes that in 2008, the underwriting and operating performance of surplus lines companies continued to outpace that of the total property/casualty industry, although at a diminished level from 2007.
Net income tumbles but underwriting results and investment returns improving.
However, chairman Lord Levene talks about "challenging" circumstances.
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