Florida $4bn premium ‘nationalisation’ piles pressure on Bermudians
Shares in Bermudian reinsurers took a sharp hit on Monday 22nd January in the US as the markets digested the impact of a new Florida Hurricane Catastrophe Fund deal hammered out over the preceding weekend.
Shares in benchmark Cat writer Renaissance Re fell back 5% on the previous day’s close, whilst London-quoted Lloyd’s vehicles with significant stakes in Bermudian reinsurance operations followed the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Iran conflict triggers Lloyd’s war risk review
The London market’s war risk specialists have expanded the geographical areas deemed at heightened risk of conflict following the US and Israeli attacks against Iran.
Sign up to attend the Underwriting Club property meeting
Property underwriting is facing sustained pressure as loss volatility, claims inflation and emerging risks collide with a softening market and increased competition.
From trainee to MGA CEO: Albert’s journey in insurance
Kate Albert, CEO and co-founder of Kova Professions, reflects on 25 years in insurance, launching her MGA, and the lessons she’s learned about stepping into opportunity, leadership, and supporting others.
Zurich and Beazley agree £8.2bn deal
Zurich Insurance Group has agreed the terms of a firm all-cash offer to buy Beazley for £8.2bn.
Ki delivers record $171m profit in first standalone year
Ki saw a record pre-tax profit of $171.4m (£128.2m) in its first year as a standalone company.
Iran missile strikes spark risk repricing
The joint assault by Israel and the United States against Iran have sent shockwaves through global insurance markets, triggering risk repricing and renewed scrutiny of accumulation exposure across marine, aviation and specialty lines.
Diary of an Insurer: Corin Underwriting's Louis Gibson
The working week of Louis Gibson, development underwriter at Corin Underwriting, is a lively mix of new business, debating football results, and championing the MGA's NextGen culture.
Supporting women in insurance to lead without hidden penalties
Zuzana Clark, chief customer officer at 1st Central, reflects on this year’s International Women’s Day theme, and argues that real equality depends on a workplace community where women can confidently pursue opportunity.