Another round of Bermuda-based reinsurers/specialty insurers has reported third-quarter earnings, and higher catastrophe losses and/or lower investment returns continue to impact results.
Even as Bermuda executives chatted up the Jan. 1, 2012 reinsurance pricing upside of catastrophe events and model changes recently, midyear 2011 renewal strategies varied widely along with opinions about where to bet reinsurance capital.
Even as Bermuda executives chatted up the Jan. 1, 2012 reinsurance pricing upside of catastrophe events and model changes recently, midyear 2011 renewal strategies varied widely along with opinions about where to bet reinsurance capital.
The specialty lines insurance industry has been a hotbed of merger-and-acquisition activity over the past year, with deals for niche specialty brokers and managing general agents getting the most attention. PropertyCasualty360 takes a look back at some of the observations dealmakers and consultants have shared this year about the abundance...
The second-quarter financial results of Pembroke, Bermuda-based reinsurance and insurance companies RenaissanceRe Holdings Ltd. and Endurance Specialty Holdings Ltd. were each adversely affected by losses tied to the tornado activity in the United States.
The second-quarter financial results of Pembroke, Bermuda-based reinsurance and insurance companies RenaissanceRe Holdings Ltd. and Endurance Specialty Holdings Ltd. were each adversely affected by losses tied to the tornado activity in the United States.
Although reinsurance executives report that U.S. midyear renewal prices rose by at most low double-digits for catastrophe business, momentum is building for a new—and lasting—elevation of U.S. prices next year, they say.
Although reinsurance executives report that U.S. midyear renewal prices rose by at most low double-digits for catastrophe business, momentum is building for a new—and lasting—elevation of U.S. prices next year, they say.