All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 8 2013 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, announced last week its acquisition of Smith Group, a disability reinsurance risk...
Jul 2 2013 // Assurant, Inc., a provider of specialized insurance and insurance-related products and services, has finalized the structure of the company’s 2013 Property Catastrophe Reinsurance Program, including $185 million of...
Jul 2 2013 // Reinsurers are taking “robust defensive measures to maintain market positions recently eroded by new capital markets entrants,” with prices down 25 percent on some Florida property accounts, according to a new...
Jun 24 2013 // “In some high-risk areas, ocean warming and climate change threaten the insurability of catastrophe risk,” according to one of the conclusions of a research report issued today by the Climate Risks and...
Jun 24 2013 // Swiss Re Ltd., the world’s second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost profitability and increase its dividend.Swiss Re expects costs savings of as much as $300 million...
Jun 20 2013 // Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos., has released the findings of its eighth annual Specialty Insurance Program Issuing Carrier Survey. The survey,...
Jun 19 2013 // Florida’s state-run Citizens Property Insurance Corp. announced earlier this week that Chief Financial Officer Sharron Binnun has resigned to take a job in the private sector. Her departure from Citizens is...
Jun 19 2013 // Swiss Re announced the publication of its “2012 Corporate Responsibility Report,” which it said “enhances its accountability by reporting against the Principles for Sustainable Insurance for the first...
Jun 18 2013 // The XL Group announced that it has appointed Valérie Devaux-Piquer to the position of Casualty Underwriting Manager, Europe, Reinsurance, effective Sept. 1, 2013.She will take the place of Dieter Kohl, who retires this...
Jun 17 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the North America...
Jun 13 2013 // RenRe and AffiliatesA.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and Renaissance...
Jun 12 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Conn., and...
Jun 11 2013 // When the Geneva Association’s presentation on how and why governments and re/insurers need to work more closely adjourned, we were able to talk to the organization’s Secretary General, John Fitzpatrick, a...
Jun 7 2013 // There is sufficient capacity available in insurance and reinsurance markets to provide sufficient coverage and withstand potential losses from hurricane related perils this storm season, according to Fitch Ratings’...
Jun 6 2013 // A presentation from the Geneva Association (GA), the international insurance think tank for strategically important insurance and risk management issues, calls for a long awaited dialogue between the industry and all...
Jun 4 2013 // When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance.Now, as he seeks to move to Atlanta to be near family, Virden says...
Jun 4 2013 // XL Group announced that it is expanding its reinsurance operations with the creation of a “dedicated Reinsurance Global Emerging Markets unit to optimize development in these markets.”XL has named Philippe...
Jun 3 2013 // Several large UK cedants are reducing their spending on facultative reinsurance, according to the view taken by Vanessa Macdonald-Smith, team leader at facultative reinsurance broker, Faber Global, a division of...
May 31 2013 // Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced the appointment of Nick Triggs, as a Managing Director in a new senior strategic...
May 31 2013 // Ft. Lauderdale, FL, 5/31/13 – Frank Alerte, a former executive insurance counsel at the U.S. Federal Reserve, Guy Carpenter and BB&T, has joined the law and governmental consulting firm of Colodny, Fass,...