All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 7 2014 // Amlin plc announced that it has “reached non-binding agreement in principle to increase its existing interest in Leadenhall Capital Partners LLP (LCP),” an investment manager in (re)insurance-linked securities,...
Jul 7 2014 // The Bermuda-based Arch Capital Group Ltd. (ACGL) has announced promotions in the reinsurance group “to support the recent expansion of the Company’s mortgage insurance and reinsurance operations.”Marc...
Jul 7 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty (P/C) insurance industry needs to change, although how remains a matter of debate.Reinsurers face a growing threat from the capital...
Jul 7 2014 // Ratings, and rating agencies, occupy a contradictory place in many markets – not least in commercial lines insurance and reinsurance.They are very heavily relied on by both buyers and brokers, yet subject to a great deal...
Jul 2 2014 // The third day of the International Insurance Society’s Annual Seminar was an all-day session devoted entirely to the threat posed by climate change, the studies of its risks and the solutions available to face...
Jul 2 2014 // Bermuda-based Catalina Holdings announced that, following receipt of regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA), it has completed its reinsurance transaction with Delta Lloyd under...
Jul 2 2014 // Reinsurance prices fell by as much as 25 percent in key markets mid-year as pension funds poured in money and demand for cover from insurance companies remained subdued, brokers said on Tuesday.Reinsurers have been...
Jul 1 2014 // As property insurers lock up their July 1 reinsurance renewals, many are finding a bonus surprise above and beyond the soft pricing environment – the terrorism exclusions that have been standard in reinsurance contracts...
Jun 24 2014 // Peak Reinsurance Co. Limited, the Hong Kong based reinsurer, has appointed Kathleen Koh as senior vice president to underwrite credit and surety business. Koh will be responsible for developing and growing Peak Re’s...
Jun 23 2014 // Validus Holdings said it has agreed to acquire specialty insurer Western World Insurance Group for $690 million in a deal that leaves the management team and brand of the specialty insurer intact.Under the deal terms,...
Jun 20 2014 // The Massachusetts Property Insurance Underwriting Association (“FAIR Plan”) said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G....
Jun 18 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Connecticut,...
Jun 17 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty insurance industry needs to change although exactly how remains a matter of debate.Reinsurers face a growing threat from the capital...
Jun 17 2014 // Vhi Healthcare, the Irish state-owned medical insurer, extended a reinsurance accord with Warren Buffett’s Berkshire Hathaway Inc. as it seeks to move risk from its balance sheet and avoid a taxpayer...
Jun 16 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S....
Jun 16 2014 // Low catastrophe activity and claims experience so far this year have helped to put Texas’ insurer of last resort for properties along the Gulf Coast in a better position to face the 2014 hurricane season than it has...
Jun 13 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of Bermuda-based Partner Reinsurance Company Ltd. and its affiliates, as...
Jun 11 2014 // A new report from A.M. Best determined that “stocks for publicly traded reinsurance companies, including the four top European players, performed below the overall market for the first quarter of 2014, declining 1.3...
Jun 11 2014 // Fitch Ratings announced that it has upgraded Lloyd’s of London’s Insurer Financial Strength (IFS) rating to ‘AA-‘ from ‘A+’, and has also upgraded the Society of Lloyd’s Long-term...
Jun 9 2014 // CTC Insurance Management (Bermuda) Ltd, a subsidiary of Charles Taylor plc, has announced that William Wood has joined the company as Chief Operating Officer. He will oversee the delivery of management and consulting...