losses catastrophes News

Catlin Hit by $201 Million Net Loss for 1st 6 Months

The Bermuda-based Catlin Group Limited announced its financial results for the six-month period ended 30 June 2011 from its London office, highlighted by a $201 million net loss for the period, compared to an $86 million profit in the first …

ABIR Reports 2010 Results for Bermuda’s Re/Insurers; $11.4 Bn Net Income

The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2010 global underwriting results for its 22 member (re)insurers – companies that write insurance and reinsurance from underwriting centers in Bermuda, Europe and the United States. The ABIR said …