NEW YORK, August 6, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports
highlighting Alleghany Corp. (NYSE: Y), RenaissanceRe Holdings Ltd.
(NYSE: RNR), W.R. Berkley Corporation (NYSE: WRB), Arch Capital
Group Ltd. (NASDAQ: ACGL), and Aspen Insurance Holdings Ltd. (NYSE:
AHL). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings
- via the links below.
Alleghany Corp. Research Report
On July 31, 2013, Alleghany Corp.
(Alleghany) and Ares Management LLC (Ares) jointly announced a new
strategic partnership. Under this partnership, Alleghany has
invested $250 million for a 6.25%
equity ownership interest in Ares, and hasalso committed to invest
up to $1 billion of capital in
various existing and new Ares investment strategies. According to
Weston Hicks, President and Chief
Executive Officer of Alleghany, "We are excited about the
opportunity to work closely with Ares to enhance Alleghany's fixed
income investment returns, while helping Ares expand its presence
in the insurance industry. We believe our two organizations will be
well-positioned to serve the converging reinsurance and capital
markets." The Full Research Report on Alleghany Corp.- including
full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-02/Y]
RenaissanceRe Holdings Ltd. Research
Report
On July 30, 2013, RenaissanceRe
Holdings Ltd. (RenaissanceRe) reported its financial results for Q2
2013. Net income available to RenaissanceRe common shareholders was
$26.8 million or $0.60 per diluted common share, compared to
$142.3 million or $2.75 per diluted share in Q2 2012. Commenting on
the news, Kevin J. O'Donnell, CEO
said, "In the second quarter of 2013, we generated an annualized
operating ROE of 12.2% and increased our tangible book value per
share plus dividends by 0.8%, despite several notable catastrophe
losses and a challenging investment environment." The Full Research
Report on RenaissanceRe Holdings Ltd. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-08-02/RNR]
W.R. Berkley Corporation Research
Report
On July 22, 2013, W.R. Berkley
Corporation (W.R. Berkley) reported
its financial results for Q2 2013. Net income was $116 million or $0.82 per diluted share, compared to net income
of $108.8million or $0.76 per diluted share in Q2 2012. The Company's
operating income was $98.8 million or
$0.70 per diluted share, compared to
$93 million or $0.65 per diluted share. Commenting on the news,
William R. Berkley, Chairman and
Chief Executive Officer, said, "Our cumulative rate increases since
2010 are in excess of 18%, and our premium volume has grown by over
30% in the past two years. Our Company continues to improve its
relative competitive position while avoiding the extreme volatility
impacting the general marketplace." The Full Research Report on
W.R. Berkley Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.investorsreports.com/report/2013-08-02/WRB]
Arch Capital Group Ltd. Research
Report
On July 25, 2013, Arch Capital
Group Ltd. (Arch Capital Group) reported its financial results for
Q2 2013. Total revenues increased by 1.1% YoY to $851.8 million. Net income available to common
shareholders was $171.5 million or
$1.26 per diluted share, compared to
$202.0 million or $1.46 per diluted share in Q2 2012. Total
expenses were $669.8 million compared
to $621.4 million in Q2 2013. The
Company also reported after-tax operating income available to
common shareholders of $135.0
million, or $0.99 per share,
compared to after-tax operating income available to common
shareholders of $141.4 million, or
$1.02 per share in Q2 2013. Arch
Capital's book value per common share decreased 2.3% QoQ but
increased 6.8% YoY to $36.80. The
Full Research Report on Arch Capital Group Ltd. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-02/ACGL]
Aspen Insurance Holdings Ltd. Research
Report
On July 24, 2013, Aspen Insurance
Holdings Ltd. (Aspen) reported its
financial results for Q2 2013. The Company's net written premiums
were$612.7 million, an increase of 5.3% YoY. Net investment income
was $45.9 million, compared to
$52.8 million in Q2 2012. Net
income after tax was $40.1 million,
compared to $84.6 million.
Chris O'Kane, Chief Executive
Officer commented, "In the second quarter, Aspen delivered solid operating results in an
above average catastrophe quarter, with our combined ratio
excluding catastrophes improving modestly from last year. We
continue to make progress on the three initiatives we outlined
earlier this year to drive increased profitability." The Full
Research Report on Aspen Insurance Holdings Ltd. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-02/AHL]
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