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Interview - Meet the chiefs of two new Bermuda start-ups.

Europe Intelligence Wire

| March 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Richard Brindle does not want any of the executives in his new company to get soft, travel first-class, stop making the coffee or lose any of the "Wild West" feeling he has experienced since setting up. He just set up Lancashire Insurance in Bermuda in December with $1bn in capital, raised from private investors following market dislocation caused by the catastrophic storms in 2005.

Despite years of being out of the business after a huge payout from the purchase of John Charman's company in Lloyd's, the top underwriter-in-retirement was lured out of his comfortable life by the opportunities in the market - and is now loving every ...

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