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  • White Mountains became the latest Bermudian to beef up its share repurchase programme last week, as (re)insurers continue to take advantage of depressed valuations to deploy idle capital.
  • Investors should buy cat-exposed reinsurance stocks at the September peak of the US hurricane season rather than batten down the hatches and steer clear of the sector until the storm threat passes.
  • Lloyd's insurer Omega Insurance Holdings has reported a maiden loss in the first half of the year as the heavy toll from man-made and natural catastrophes and reserve strengthening pushed the group into the red for the first time.
  • After a five-year flood of UK specialty (re)insurers domiciling away from their home country Chaucer's revelation that, following a strategic review, it is to stay put in the UK is a welcome development to the impoverished HM Treasury.
  • It is often said that if you have a great underwriting team, the timing of a start-up (re)insurer is immaterial - soft markets or hard markets may affect its initial growth prospects, but should make no difference to its long-term chances success or failure.
  • A marked uptick in tropical storm activity occurred right on cue last week with the approach of September.
  • Glacier Re's slow demise as a live underwriter was completed last week with the announcement that its portfolio of business has been placed into run-off with immediate effect.
  • Omega Insurance Holdings expects to pay just $850,000 in compensation to ousted CEO Richard Tolliday.
  • Former Beazley Group chief underwriting officer Johnny Rowell has made his long-awaited return to the market after signing up to Pat Ryan's ambitious start-up proposition, The Insurance Insider revealed last week.
  • Fresh from being named over the weekend as a potential bidder in the forthcoming sale of UK insurer RBSI, sources have linked Berkshire Hathaway with a possible approach for Bank of America's (BoA) up-for-sale Balboa Insurance Group subsidiary.