Rene Locher
Rene Locher
added business existing good rather returns slightly value
It's slightly better than expected. Returns on the existing business are good ... But value added by new business doesn't look so good. There was rather much of a drop.
behind cut deal positive potential
The positive rationale behind a deal would be the potential to cut more costs.
figures overall reserve
The overall figures are lower-than-expected, not only because of the catastrophe claims, but also because of the reserve additions.
billions dollars large loss market sees
After any large loss event, the Bermudian reinsurance market always sees the inflow of billions of dollars of new capital.
business farmers focus life pressure toward turning united
Zurich has always been very much a non-life story. But it's interesting to see ... the focus turning toward the life business and Farmers now that premiums are under pressure in the United States.