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By Susanne Sclafane, PropertyCasualty360.com |
August 4, 2011
In spite of the fact that two Bermuda players are engaged in a heated battle over a global-casualty reinsurer, the intensity of the contest in no way suggests that the casualty market is hardening, according to one of the potential acquirers.
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By Phil Gusman, PropertyCasualty360.com |
January 14, 2011
Competitive challenges in the property and casualty industry will continue into 2011, and insurers will need to stay ahead of factors such as cycle management, technology, and regulatory and accounting changes to separate themselves from competitors, Ernst & Young said in a recent industry outlook.
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By Chad Hemenway, PropertyCasualty360.com |
December 6, 2010
A number of Bermuda insurers reported significant drops in net income in the third quarter of 2010--many within the 20-50 percent range, with declines primarily related to the New Zealand earthquake and other smaller catastrophes.
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By Staff Writer |
November 8, 2010
With its third-quarter net income result doubling over last year, and its capital position improving, Swiss Re said it has reached agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.
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By Susanne Sclafane, PropertyCasualty360.com |
November 4, 2010
With its third-quarter net income result doubling over last year, and its capital position improving, Swiss Re said it has reached agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.
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By Susanne Sclafane, PropertyCasualty360.com |
July 5, 2010
Reinsurers are increasingly questioning the sustainability of a good casualty claims environment, and their dimmer views of future profit margins on primary business are putting them at odds with potential cedents.