Brit Insurance does not underwrite property catastrophe retrocession business. In 2007 we contracted to provide underwriting advice and expertise to an independent Bermuda based insurer, Norton Re, specifically for this class of business. This relationship continued into 2008 with the successor entity, Norton Re II, a company in which we had a $20m interest.  Both entities have proved successful investments however their underwriting windows have now closed. Should you require any further details on this class please contact Jonathan Turner.