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Berkshire cuts back wind exposures
Berkshire Hathaway chairman Warren Buffett said that with falling rates in “super-cat” insurance as a result of the “flood of capital” post-Katrina, the company has “sharply reduced” wind exposures.
09 March 2007
Florida continues to cast Bermuda gloom
After a month digesting unpalatable developments in the “Sunshine State”, the (re)insurance industry was at least served up a sliver of good news late February, as it emerged the Florida State Board of Administration...
09 March 2007
Marketform opens D&O account
Marketform's extension into D&O has been welcomed by the Lloyd’s insurer’s underwriting director Simon Lotter.
09 March 2007
Lloyd’s looks set to welcome more start-ups
Ark and Leinster on the verge of launching as 2007 capacity continues to grow...
09 March 2007
Sidecars left to rust
Reinsurers begin to wind down vehicles after Florida
09 March 2007
Legal Briefings
Our monthly column keeping check on US and EU legal and regulatory developments
09 March 2007
Catlin shares up on Wellington integration
Catlin Group Ltd saw a healthy 6.35 percent rise in its share price, despite reporting lower than expected 2006 pre-tax profits of $275.4mn as it released its last figures before consolidating the performance...
09 March 2007
Class of 2005 fight to diversify
Bermuda’s Class of 2005 – the group of (re)insurers launched in the wake of Hurricane Katrina – will face tougher conditions than their predecessors as they look to broaden scope in response to limited opportunities in the property cat market.
09 March 2007
Converium upgrade boosts SCOR defence
The timing of Converium's upgrade to its desired A- financial strength rating from Standard & Poor's (S&P) couldn’t have been better as it attempts to shake off the hostile attentions of rival SCOR.
09 March 2007
Capital returns but analysts cautious on reinsurance giants
With 2006's bumper returns banked, and clear signs of rates softening, (re)insurers are resurrecting capital management plans in earnest.
09 March 2007
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