Michael Price Archives - Carrier Management

Reinsurance Market Softness Extends ‘As Far As the Eye Can See,’ CEO Says

The question that crops up whenever reinsurers experience soft market conditions is again being posed to industry executives, with leaders giving varying answers to analysts asking, "What kind of ...

Platinum Eyeing Riskier Assets to Boost Profits in Unending Soft Re Mkt: CEO

With underwriting profitability stalled, Platinum Underwriters Holdings could soon join the list of Bermuda reinsurers turning to riskier assets to boost the investment component of income, the ...

Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say

As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...

Back-To-Back Drought Years Statistically Likely, Platinum CEO Says

When Platinum Underwriters Holdings, Ltd. reported a 6.2 percent drop in first-quarter net premiums last week, CEO Michael Price attributed a small part of the drop to an intentional cut in the ...