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Issue
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January 1, 2006
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Cover Story
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Rush in Roulette
By Roger Crombie
A dozen startups steam into Bermuda and pump more than $8 billion of fresh capital into the industry by the end of the fourth quarter. But rising to the surface, in the midst of the January renewal season, are questions about their credit quality and commitment to the market.
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Features
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Startups Awash In New
By Roger Crombie
A dozen new insurers pour into Bermuda as the Class of 2005, creating more than $8 billion in new capital to help pay for disasters that are costing in the tens of billions.
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CAT Fight Erupts Over U.S. Losses
By Matthew Brodsky
Five executives from Europe's top insurers and reinsurers respond to criticism from their European customers, who are sick of footing the bill for catastrophes on the other side of the pond, among other things.
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Remodeling in The Megacat Age
By Matthew Brodsky
It's safe to come up for air. The historic 2005 hurricane season finally concluded on Nov. 30. In the calm before next season's storms, the property/casualty world has a breather, time to take in lessons from Katrina--lessons, some might say, that should have been learned already.
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Also:
Mold: The Silent Predator
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A Magnitude of Millions
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Hard Lessons
By Cyril Tuohy
Buyers of excess and surplus catastrophe property insurance were getting used to the relative comfort of softening trends, at least through the first half of 2005. But last year's hurricane season stiffened prices and abruptly hardened the marketplace, jolting prices out of their slumber.
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Excess Casualty: Look for Stabilization
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A Strategic Blend Of Old and New
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A Window of (Spending) Opportunity Widens
By Cyril Tuohy
It's a good time to be in the market for policy administration systems, analysts say. Carriers are freeing up more dollars. Vendors are offering more useful applications. The adage, caveat emptor, however, applies still.
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They're 'Hog' Wild for Safety
By Patricia Vowinkel
Elise Fischer's discovery of an exercise program brought her own pain under control, and became the centerpiece of the wellness program at a Cox Communications subsidiary. That program, targeted in part at the blue-collar workforce more familiar with Harley-Davidsons than with exercise stretches, helped to bring the workers' compensation incident rate down 93 percent in eight years.
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Columns
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Departments
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Special Reports
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Reinsurance
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As reinsurers and insurers debated how to spread their catastrophe risk, and its costs, in a global market, Bermuda welcomed the Class of 2005.
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More Special Reports
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Industry Risk Report
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Hydroelectric Power
Risk executives employed by hydroelectic power companies dream of streams: electricity streams, revenue streams and, well, just plain old streams, the ones with flowing water. When Mother Nature comes up short and river volumes drop, or when temperatures fluctuate wildly, or when inclement weather extends the number of frost days by a week or two, weather risk management products guarantee utility companies will deliver power. Click above to read more on this industry, or view the industry risk table.
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More Industry Risk Reports
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