twacowfca Posted March 7, 2013 Posted March 7, 2013 It was a pleasant surprise to see BRK's good underwriting results EOY, especially after the hit from Sandy, plus BRK's float growing, despite WEB 's caution at last year's AGM. Ajit Jain reportedly placed up to $2B in quota share or similar premiums for cat coverage in the Far East last year. 2012 was a low loss year for Aus/NZ and Asian cats, and a lot of those premiums evidently fell to the bottom line. Ajit is reportedly on the prowl now in Japan apparently to preempt the big April renewals of the big Japanese insurers, to the consternation of other international reinsurers.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now