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Endurance swings back to $154m Q3 profit

29 October 2009

Bermudian insurer and reinsurer Endurance has reported third-quarter net income of $154m, compared with a third-quarter loss of $99m last year.

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Bermudian insurer and reinsurer Endurance has reported third-quarter net income of $154m, compared with a third-quarter loss of $99m last year.

Net income for the first nine months was $381m, up from net income of $82m...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

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$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
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Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield