Spotlight on David Brown
Global Broker & Underwriter, March-2008
Flagstone CEO believes that disipline is evident in the market despite change in the cycle.

"From our point of view we re pleased how the market was for January 1 renewals" he adds "there were signs that the discipline which had been talked about was there and the fact that we have seen firms returning sizable levels of capital to share holders is further evidence that they are looking at how they deploy their capacity in an environment where rating levels are under pressure."...Read More

Join the club: Flagstone Re executives meet with Bermuda Stock Exchange CEO Greg Wojciechowski to mark its official listing on the Exchange.

Photo Tamell Simons

Flagstone Re second lists on the Bermuda Stock Exchange
The Royal Gazette, 13-December-2007
Flagstone Reinsurance Holdings has joined the growing trend of re/insurance companies listing on the Bermuda Stock Exchange.

The Bermuda-based global reinsurance company, which specialises in property catastrophe, property and specialty reinsurance business, had its second listing of 85,309,107 common shares approved by the listing committee of the BSX and was presented with a trophy to signify the listing at its offices in Church Street yesterday....Read More

Flagstone Reinsurance Holdings Limited Receives BSX Approval For
Secondary Listing Of 85,309,107 Common Shares
BSX News, 12-December-2007
Hamilton, Bermuda: December 12, 2007 – The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of 85,309,107 Common Shares of Flagstone Reinsurance Holdings Limited....Read More

Staying clear of the herd brings rewards for Flagstone Re
The Royal Gazette, 13-November-2007
Staying away from the herd in the crowded insurance and reinsurance sector is continuing to pay rewards for 2005 start-up Flagstone Re, which has just made a $66 million profit for the third quarter.

The company's philosophy of looking for growth opportunities that don't entail paying top dollar for a Lloyd's syndicate or entertaining a potentially restrictive merger is key to its ongoing success. ...Read More

Profits up $10m at Flagstone
The Royal Gazette, 13-November-2007
Flagstone Re boosted its profits by almost $10 million for the third quarter 2007, while exceeding the annualised growth target of 17 percent set when the company was formed.

Net income rose from $56.9 million in the third quarter 2006 to $66.2 million for the same period this year. ...Read More

'We talk to Bermuda every single day'
The Royal Gazette, 5-November-2007
Reinsurance is one of the most important parts of international business and the economy in Bermuda.

But behind every successful company is a team of experts running an equally effective and efficient back office operation.

And that is exactly the make up of Flagstone Re — the Bermuda-based reinsurer with accounting and IT facilities in Halifax, Nova Scotia. ...Read More

Company Interview with David Brown
The Wall Street Transcript, October-2007
DAVID BROWN has served as Chief Executive Officer of Flagstone Reinsurance Holdings Limited since its inception ... “We make decisions based upon what we believe over the three to five-year period will produce the best growth in fully diluted book value per share. Our current aim is to grow that at about 17% per annum. As of today, we are almost exactly at our target since inception, which we are very pleased with, given that we had a ramp-up year in 2006 as we started the company.” . ....Read More

April 10th - Flagstone Re rings NYSE Opening Bell

Flagstone's amazing global office
BIQ, April-2007
When Class 4 reinsurer Flagstone Re talks about being a global company, it's no idle boast. From day one, the post-2005 start up had a virtual infrastructure that may become the business model for both future companies and established players. With most of it's accountants and IT people in Halifax, Nova Scotia, catastrophe risk modelers and research in Hyderabad, India, and additional underwriters in Switzerland, at Martigny and Zurich, only about a third of the 117 employees work directly out if its Church Street Hamilton offices. ...Read More

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