Scottish Re is lone Q2 loss-maker of 14 reporting Bermuda insurers

By David Marchant

18 years ago

Topics

Bermuda Insurance Listed Securities

Keywords

ACE Ltd. Arch Capital Aspen Insurance Bermuda Insurance Market Endurance Specialty

IPC Holdings Max Re Capital Montpelier Re PartnerRe Platinum Underwriters RAM Holdings RenaissanceRe Scottish Re XL Capital

[ 9 more... ] [ top 5 ]

Of the 14 publicly-listed, Bermuda-based insurers and reinsurers who recently filed their second quarter earnings with the SEC, only Scottish Re reported a loss.Commenting on a loss of $2.43 per share, or $121 million, Scottish Re’s Interim CEO, Paul Goldean, said: “The results for the quarter are a sharp departure from our original projections and estimates provided to our stakeholders”.

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