Investors in US reinsurance companies look set to benefit from a wave of share buy-backs and special dividends after an unusually quiet US hurricane season and a strong rally in financial markets. As the hurricane season draws to a close this week, the lack of big storms has pushed reinsurers’ catastrophe losses to historically low levels. At the same time, bond markets – where many insurers and reinsurers are invested – have rebounded, leaving the industry in a better state than forecast six months ago.

This entry was posted by Gwen Robinson on Monday, November 2nd, 2009 at 4:46 and is filed under Capital markets. Tagged with reinsurance. Edit this entry.