After two consecutive quarters of relatively benign losses
helped capital to recover to record levels, Bermudian (re)insurers
have spoken favourably about using share buybacks to take advantage
of weak sector valuations.
Click to enlarge Unsurprisingly, the lack of profitable opportunities to deploy capital and make attractive returns through underwriting and investments has put capital management high on the list of potential levers available to generate a more compelling investment narrative.
Aspen CFO Julian Cusack summarised the state of play: &qu...
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