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Stock Market & Financial Investment News

News For AWH;AXS;ENH;MRH;PTP;VR;ALRE;MKL From The Last 14 Days
Check below for free stories on AWH;AXS;ENH;MRH;PTP;VR;ALRE;MKL the last two weeks.
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July 30, 2014
16:19 EDTENHEndurance Specialty terminates offer to acquire Aspen Insurance
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16:18 EDTENHEndurance Specialty terminates offer to acquire Aspen Insurance
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16:06 EDTMRHMontpelier Re increases quarterly dividend 60%
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12:30 EDTVRValidus files automatic mixed securities shelf
08:41 EDTAXSAXIS Capital weakness creates attractive entry point, says JMP Securities
After AXIS reported higher than expected Q2 operating EPS, JMP Securities thinks investors should be pleased with the stability of the results. The firm believes that the company's efforts to re-focus the book need more time to play out, and it reiterates an Outperform rating on the shares.
July 29, 2014
16:46 EDTAXSAXIS Capital reports Q2 book value per common share of $49.69
Reports diluted book value per common share of $49.69, a 5% increase during the quarter and a 16% increase over the last 12 months.
16:45 EDTAXSAXIS Capital reports Q2 non-GAAP EPS $1.63, consensus $1.20
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July 28, 2014
16:13 EDTMRHMontpelier Re reports Q2 EPS 76c, consensus 99c
Reports fully converted book value per share of $31.74, a 2.8% increase from March 31. Net premiums written in the second quarter were flat year-over-year, when adjusting for reinstatements, with increased writings within the company’s Montpelier at Lloyd’s and Collateralized Reinsurance segments, offsetting a decrease in writings at Montpelier Bermuda. The loss ratio for the quarter was 41%, which includes $24M of net losses from known catastrophe events in the quarter, offset by $38M of favorable prior year loss reserve movements. The combined ratio was 77% for the quarter. Net investment income was $12M for the quarter, and the total return on the investment portfolio was 0.9%.
13:47 EDTENHEndurance seen dropping Aspen bid by 'most' observers, Insurance Insider says
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July 25, 2014
18:56 EDTENHAspen Insurance holders overwhelmingly reject Endurance authorization proposals
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July 24, 2014
16:39 EDTVRValidus reports Q2 EPS $1.61, consensus $1.48
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July 23, 2014
16:51 EDTMKLMarkel announces acquisition of Cottrell
Markel Ventures announced the acquisition of a majority interest in Cottrell, Inc. and affiliated entities. Headquartered in Gainesville, Georgia, Cottrell is a global leader in the design, manufacture and delivery of over-the-road automobile transport equipment. Terms of the transaction were not disclosed.
16:38 EDTAWHAllied World reports Q2 operating EPS 76c, consensus 86c
Reports Q2 revenue $659.26M ,consensus $564.82M.
July 21, 2014
07:01 EDTENHAspen issues letter urging investors to reject Endurance proposals
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July 18, 2014
10:03 EDTPTPOn The Fly: Analyst Downgrade Summary
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06:07 EDTPTPPlatinum Underwriters downgraded to Market Perform at Keefe Bruyette
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July 17, 2014
10:00 EDTENHOn The Fly: Analyst Upgrade Summary
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07:36 EDTENHEndurance Specialty upgraded to Buy from Neutral at Janney Capital
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06:28 EDTENHEndurance Specialty upgraded to Buy from Neutral at Janney Capital
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06:27 EDTAXS, PTPPlatinum Q2 may turn reinsurance sentiment negative, says Citigroup
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