March 2004/3

The premium income of the four major European reinsurers grew by 2 percent in aggregate following this year’s renewals season, according to research from brokers Benfield.

The Catlin insurance group finally announced its intention to take advantage of buoyant investor interest by floating on the London Stock Exchange.

Lloyd’s insurer Brit announced bumper results for 2003 last week, with profits increasing seven-fold on the back of a more than 50 percent rise in gross written premiums.