Property and Casualty Insurance Companies Announce Financial Results, Appointments and Introduce New Platforms - Research Report on AIG, XL Group, PartnerRe, Radian, and Axis Capital

NEW YORK, August 1, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting American International Group, Inc. (NYSE: AIG), XL Group plc (NYSE: XL), PartnerRe Ltd. (NYSE: PRE), Radian Group Inc. (NYSE: RDN), and Axis Capital Holdings Limited (NYSE:AXS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

American International Group, Inc. Research Report

On July 16, 2013, American International Group, Inc. (AIG) announced that AIG Japan Holdings KK along with its wholly owned subsidiaries, AIU Insurance Company, Ltd. (AIU) and The Fuji and Marine Insurance Company, Ltd. (FFM) will begin preparations for the business integration of AIU and FFM. The merger plan between the two companies is expected to take place in the latter half of 2015, or later, subject to regulatory approvals. The Company stated that through further integration, the combined strengths along with business resources of both companies will provide maximum benefits to all of their stakeholders including customers, agents, business partners and employees. Additionally, the new integrated company will aim to provide advanced risk management solutions to the Japanese market and is expected to develop an improved business infrastructure that will enable the company to provide improved services and achieve greater management efficiency. The Full Research Report on American International Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-30/AIG]

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XL Group plc Research Report

On July 18, 2013, XL Group plc (XL Group) announced the development of a new mobile-enabled risk engineering platform that will transform and maximize risk assessment operations for Global Asset Protection Services (GAPS), the property loss prevention services business of XL Group. According to Myron Hendry, Company's Executive Vice President and Chief Platform Officer, "With risks getting more complex, leveraging best-in-class mobile technology is key to further enhancing XL Group's risk management capabilities underpinning the flexibility, resilience, and creativity that differentiate us. Our collaboration with Cognizant will enable us to raise the bar in risk consulting service delivery." The Full Research Report on XL Group plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-30/XL]

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PartnerRe Ltd. Research Report

On July 29, 2013, PartnerRe Ltd. (PartnerRe) released its Q2 2013 financial results. The Company reported a net loss of $175.6 million or $3.37 per diluted share, compared to reported net income of $176.1 million or $2.50 per diluted share in Q2 2013. PartnerRe recorded operating earnings of $51.1 million, or $0.90 per share, compared to operating earnings of $142.0 million, or $2.20 per share, in Q2 2012. According to PartnerRe President and Chief Executive Officer Costas Miranthis, "I am pleased that despite above average catastrophe and other large loss activity, as well as a meaningful expense charge related to the organizational restructuring we announced earlier in the quarter, we had a profitable operating quarter. Our book value was impacted by mark-to-market losses on our fixed income portfolio as a result of the recent increase in interest rates. Despite the negative impact on book value during the quarter, we believe a higher interest rate environment is beneficial to our business over the longer term." The Full Research Report on PartnerRe Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-30/PRE]

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Radian Group Inc. Research Report

On July 24, 2013, Radian Group Inc. (Radian) released its Q2 2013 operating results. The Company reported a net loss of $33.2 million or $0.19 per diluted share, which included net losses on investments of $130.3 million and combined net gains from the change in fair value of derivatives and other financial instruments of $87.7 million, compared to a net loss of $119.3 million or $0.90 per diluted share in Q2 2012. Reflecting on the recent quarter's performance, Chief Executive Officer S.A. Ibrahim said, "We are pleased with our improved financial results in the quarter and the first half of the year. Compared to the second quarter of last year, our new mortgage insurance business written grew 60% and we reduced our inventory of primary delinquent loans by 21%. The loss ratio for our mortgage insurance business was approximately 70% for the second consecutive quarter, and the mortgage insurance loss provision for the first half of 2013 reached its lowest level since the first half of 2007." The Full Research Report on Radian Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-30/RDN]

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Axis Capital Holdings Limited Research Report

On July 29, 2013, Axis Capital Holdings Limited (Axis Capital) announced that Mr. Robert E. Peretti will join the Company as Head of Broker Relations and Distribution, effective August 5, 2013. According to Axiz Capital, Mr. Peretti will work closely with the Company's senior executive team to strengthen and expand its strategic relationships with key distribution partners on a global basis. Commenting on the appointment, Dennis Reding, Chief Operating Officer of AXIS Capital, said, "I am very pleased that Bob has joined the AXIS team. He brings to this new role a wealth of knowledge and experience and a track record of success throughout his 29-year career. His deep understanding of both the underwriting and the brokerage aspects of our industry makes him uniquely qualified to lead this effort for AXIS." The Full Research Report on Axis Capital Holdings Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-30/AXS]

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