Back in the black.
Bermuda-based P/C insurers rebounded from hurricane losses in 2004-05 to post strong results for 2006 and '07, due to the fundamental quality of underwriting. But insurers are approaching July's renewal cycle cautiously. (A.M. Best Special Report, Bermuda Insurers Carry Strength into a Softening Market, April 21, 2008)
Bermuda Insurers/Reinsurers--Shareholders' Equity Breakdown (2007) Class of 2005 11% Class of 2001 23% Established Companies 66% Note: Total equity is the total reported equity of the company. Note: Table made from pie chart.
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|Title Annotation:||By the Numbers: Recently published Special Reports from A.M. Best Company|
|Article Type:||Brief article|
|Date:||Jun 1, 2008|
|Previous Article:||Solid finish to 2007.|