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By Susanne Sclafane, PropertyCasualty360.com |
March 11, 2011
Although the Bermuda market experienced heavy catastrophe which drove down underwriting profits, top lines were up or stable for most with one-time deals and longer-term strategic moves driving the numbers.
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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.
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By Susanne Sclafane, PropertyCasualty360.com |
June 21, 2010
Current market conditions may be the "new normal"--lasting for several years-- industry leaders predicted recently, with one attributing the continued softness to the absence of American International Group's historical price leadership.
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By Staff Writer |
June 2, 2010
Endurance Specialty Holdings Ltd. announced that Michael Fujii, the chief executive officer of its worldwide insurance operations, is retiring.
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By Susanne Sclafane, PropertyCasualty360.com |
March 8, 2010
We have a higher cost of capital because we're in a volatile class," he said, referring to the heavy weighting of the company's business in catastrophe lines.
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By Susanne Sclafane, PropertyCasualty360.com |
March 8, 2010
More than $17 billion of capital washed up on the Bermuda shores in 2009, as underwriting profits and investment recoveries for a group of insurers and reinsurers erased a $10 billion capital drop for 2008.
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By Staff Writer |
February 19, 2010
Endurance Specialty Holdings Ltd. announced the appointment of David Cash as chief executive officer and William M. Jewett as president, two posts held by Kenneth J. LeStrange.