An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.
- Bermuda: emerging from the gloom 01-06-2012
Latest everest re news
Its chief executive Juan Andrade insists the business enters 2021 with 'great momentum'.