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By Staff Writer |
February 9, 2012
Flagstone Reinsurance Holdings says it expects an impact of between $50 million and $55 million on 2011 fourth-quarter results due to adverse development from catastrophe losses during the first half of 2011.
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By Chad Hemenway, PropertyCasualty360.com |
October 25, 2011
Flagstone Reinsurance Holdings says it will focus on the businesses it says produce the highest return on equity—property, property catastrophe and highest-margin short-tail specialty reinsurance.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 4, 2011
A broker survey reveals further signs that the commercial property and casualty market’s long soft-market cycle may be grinding to a halt, but one executive says well-run insurers shouldn’t have to rely on a hard-market swing to make a profit.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 2, 2011
While catastrophes took a toll on Flagstone Reinsurance Holdings’ second-quarter earnings, the company’s chief executive says the carrier is seeing signs of premium increases sticking as this year’s renewal rates averaged 9 percent across the board.
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By Chad Hemenway, PropertyCasualty360.com |
July 1, 2011
Bermuda's Hiscox and Montpelier Re, as well as Luxembourg's Flagstone Re, say second quarter severe weather in the U.S. cost them each tens of millions of dollars. Hiscox's estimate of losses from the Japan earthquake is now at the high end of its range.
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By Chad Hemenway, PropertyCasualty360.com |
March 30, 2011
Flagstone Reinsurance Holdings puts its losses related to the Tohoku earthquake in Japan in the range of $80 million to $130 million net of reinstatement premiums and retrocession.
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By Phil Gusman, PropertyCasualty360.com |
March 25, 2011
Several Bermuda companies have reported loss estimates from first-quarter catastrophes, but all of the companies excluded the March 11 magnitude 9.0 earthquake that struck Japan, stating that it is too early to give an estimate.
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By Staff Writer |
March 21, 2011
Moody's Investors Service placed Flagstone Reinsurance Holdings’ ratings under review due to the company’s expected losses from first-quarter catastrophes.
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By Phil Gusman, PropertyCasualty360.com |
March 18, 2011
Several Bermuda companies have reported loss estimates from first-quarter catastrophes, but all of the companies excluded the March 11 magnitude 9.0 earthquake that struck Japan, stating that it is too early to give an estimate.
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By Staff Writer |
March 15, 2011
Two insurance and reinsurance companies have provided loss estimates for the February 2011 New Zealand earthquake, with both companies basing their individual losses on expected industry losses upward of $12 billion.
