OPL’s massive loss mars generally healthy results for Bermuda insurers

By David Marchant

24 years ago

Topics

Bermuda Insurance Listed Securities

Keywords

ACE Ltd. LaSalle Re Mutual Risk Management Overseas Partners PartnerRe

Scottish Annuity & Life Re Stirling Cooke XL Capital Ltd.

[ 3 more... ] [ top 5 ]

Bermuda Insurance Market Results Round-Up: The quarter ended June 30, 2000 was a healthy one for most Bermuda reinsurers, with six reporting profits, and two suffering losses, including a massive one for Overseas Partners Ltd. The general view was that the market has turned, rates have hardened and that profits should start rolling in again following a dismal 1999.

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