Bermuda:Re
BermudaReinsurance . February 2007
Contents
And the losers are? Just about everyone. 06
Florida’s decision to socialise property catastrophe insurance in
The politics of US coastal property insurance
the State is a lose-lose proposition, says Brad Kading.
Brad Kading
Stormy weather: an analytical approach 10
Steven Drews looks at hurricane activity in the past few years
Steven Drews and says worse may come.

CEO survey: Weather forecasting 16
Bermuda market leaders have their say on the subject, and
Bermuda Reinsurance importance, of forecasting the weather.
A very good three quarters 24
Bermuda Reinsurance analyses some of the Bermuda
Bermuda Reinsurance companies’ financial results at September 30, 2006.
Are you a switched-on buyer? 28
Corporate insurance buyers who can understand and replicate
Raj Ahuja and Tom Hettinger their insurers’ and reinsurers’ rating processes stand to get the
best results, say Raj Ahuja and Tom Hettinger.
Catlin: Look out, world 32
Having digested Wellington Underwriting, Catlin powers its
Roger Crombie way into the big leagues—and adds an innovative terrorism
product. By Roger Crombie.
Regulatory developments in the Bermuda marketplace 36
Jeremy Cox discusses the evolving regulatory environment
Jeremy Cox in 2007.
Reinsurance investment perspectives 40
Bill Fallon, Steve Lucas and Heather K. Shemilt discuss
Bill Fallon, Steve Lucas and Heather K. Shemilt commodities diversification from beta and alpha.
Reinsurance trusts … made simple 44
Robert Quinn follows up on a previous article (Bermuda
Robert Quinn Reinsurance, September 2006) by discussing the process of
setting up a reinsurance trust and some of the pitfalls to
watch out for.
Personal Lines 48
Bermuda Reinsurance asked Phillip Pettersen to ruminate on
Are we in a hard or soft market? Yes and no.
the state of the insurance markets and answer the question:
Phillip Pettersen are we in a hard or a soft market?
BermudaReinsurance . February 2007 5
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