Flagstone Reinsurance Company Description
Flagstone Reinsurance provides a clear path out of catastrophic events. The Bermuda-based global reinsurer writes property and property catastrophe reinsurance, as well as specialty and some short-tail casualty reinsurance. Founded in 2005, in the wake of that year's disastrous hurricane season, the firm mainly reinsures catastrophe policies on an excess of loss basis (that is, it covers losses over a certain amount). However, it also covers other kinds of property risks, as well as specialty risks in areas such as aviation, energy, health, and workers' compensation. Flagstone diversifies its risk by geography and type of peril (hurricane, earthquake, etc.), so that a single catastrophe can't wipe it out.
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The Company Description provides a historical perspective of Flagstone Reinsurance's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Flagstone Reinsurance's evolution in the marketplace.
