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While the stock of PXRE closed at a price of $11.89 prior to the announcement, within a half hour, it had lost 60 percent of its value in after hours trading, falling to $4.60. This morning, the stock

Reinsurance Pricing ReboundMay Lack Anticipated BounceIs the pricing party over before it even began? In advance of Jan. 1 renewals, reinsurers are already toning ...

Katrina Loss Pegged At $34.4 Billion,Making It Worst Storm By Wide MarginEarly estimates were as high as $60 billion, but battles over flood claims ...

go pages 24/25, to 26, to 41with 3 charts, sidebar and "Worth Noting" infographicBermudians Work To Shake Off Probes, Legacy IssuesIn spite of restatements ...

Some Programs Managers Still Out Of LuckExperts say start-ups, workers' comp, small programs have trouble finding a homeWhile a survey published in May suggested ...

Reinsurance Prices Further Decline Through MidyearMidyear renewals were quiet, as market participants "hunkered down"Reinsurance prices continued on their downward trajectory during the 2005 midyear ...

Bermuda Startups Face New ChallengesSoftening market tests carriers' discipline, but future still looks brightIt's been about 20 years since Bermuda began its evolution from ...

Bermuda-based Aspen Insurance Holdings released its third estimate of hurricane net losses this morning putting the likely after-tax impact in the $470-to-$535 million range.The ...