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July 2007/6
  • RI3K and Xchanging tie-up to develop Bermuda platform
    Xchanging will announce tomorrow it has signed a Memorandum of Understanding (MOU) to partner RI3K in building an end-to-end processing platform for Bermuda’s (re)insurance market, Insider Week can reveal.
    30 July 2007
  • Industry counts rising cost of floods
    Loss estimates continue to flow in as the (re)insurance industry feels the impact of UK floods that could cost carriers in excess of £3bn.
    30 July 2007
  • Reinsurers Everest and Partner grow earnings
    Bermudian reinsurers Everest Re Group and PartnerRe Ltd emerged relatively unscathed from high-profile second quarter Australian and UK cat events to report net earnings increases of 28 percent and 35 percent, respectively, for the period.
    30 July 2007
  • Beazley shares climb on record interim profits
    Shares in Lloyd’s (re)insurer Beazley Group plc rose by almost 6 percent this morning (30 July) as it reported a doubling of profits in the first half of 2007 on the back of income growth, low claims and rising investment income.
    30 July 2007
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