Platinum cycle management wins praise
Platinum Underwriters Holdings Ltd has been praised for its cycle management strategy as it unveiled strong second quarter profits.
The Bermudian reported a 27.1 percent drop in net premiums written in the period to $151.7mn, which included a 34.7 percent shrinking of its property and marine portfolio compared to the second quarter of 2009.
At the same time the reinsurer continued its policy of handing back capital to shareholders, with $149.6mn of Q2 share buybacks taking the total to $212.8mn...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
