offshore energy

• London Players Assess Japan EQ Impact On Global Market

  By Caroline McDonald, PropertyCasualty360.com  |  May 6, 2011

  Is it time for a market turn? What, if any coverages written in the London market are showing signs of firming?

• Catastrophes Drive $42.8M 2010 Loss For Omega

  By Chad Hemenway, PropertyCasualty360.com  |  March 9, 2011

  Omega Insurance Holdings Ltd. Chairman John Coldman said he and CEO Richard Pexton got a “baptism by fire” since they joined the company, as the Bermuda-based insurer and reinsurer posted a $42.8 million 2010 loss.

• Berkley Maintains Reality Focus, Sticks With Forecast Of Imminent Market Turn

  By Susanne Sclafane, PropertyCasualty360.com  |  November 22, 2010

  "This is a marathon business, not a sprint."

• Parts Of Lloyd's Concept Could Be Adopted In The U.S.: Conning

  By Caroline McDonald, PropertyCasualty360.com  |  November 15, 2010

  Duplicating the Lloyd's market in the United States would be impossible, given state regulation and other factors, but some aspects of Lloyd's could be adopted and benefit the U.S. insurance market.

• Berkley Maintains Reality Focus, Sticks With Forecast Of Imminent Market Turn

  By Susanne Sclafane, PropertyCasualty360.com  |  October 12, 2010

  "This is a marathon business, not a sprint." That is how William R. Berkley, chairman and chief executive officer of W.R. Berkley Corporation, explains the patience that he and the rest of the management team have exercised...

• Reinsurance Rates Expected To Remain Soft Through Jan.

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 13, 2010

  Despite severe losses during the 2010 first quarter, reinsurance rates are expected to remain soft through Jan. 1 renewals, but much depends on loss activity during the course of this year, two recent reports said.

• Heightened Awareness Of Offshore Exposures Benefits London Underwriters

  By Caroline McDonald, PropertyCasualty360.com  |  September 6, 2010

  The long-term impact of the BP oil spill could be positive for the London Market as offshore oil operations in particular face tighter regulations and potential coverage vulnerabilities are more readily apparent.

• Max Capital, Harbor Point Agree To Merge

  By Susanne Sclafane, PropertyCasualty360.com  |  March 8, 2010

  Two Bermuda-based companies, Max Capital Group and Harbor Point Ltd., agreed to merge last week, creating a global insurance and reinsurance enterprise with total capital of $3 billion.

• Max Capital, Harbor Point Merger Creates $3 Billion Company

  By Susanne Sclafane, PropertyCasualty360.com  |  March 4, 2010

  Two Bermuda-based companies, Max Capital Group and Harbor Point Limited, announced that they agreed to merge last night, creating a global insurance and reinsurance enterprise with total capital of $3 billion.