Capital still eying Bermuda reinsurance market, claims report
Despite record 2005 hurricane losses, the Bermuda reinsurance market remains attractive to capital according to the latest Bermuda Reinsurance Quarterly Report from Benfield’s Industry Analysis and Research Team entitled ‘Capital Carousel’.
Though surplus profits were returned to shareholders during the first half of 2005, capital flow reversed and rotated carousel-like back into Bermuda in the second half. Balance sheets have been
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