Tuesday, March 28, 2006

Hurricanes hurl Bermuda's reinsurers into $2.8bn total net loss

Publication Date: March 27, 2006
Advisen -- Insurers
Source: Lloyds List

"BERMUDIAN reinsurers registered a total net loss of $2.8bn in 2005, a sharp swing from the profit of $5.5bn the previous year, according to the latest Benfield Bermuda Quarterly report..."