All the headlines from our Reinsurance Topic Page, ordered by recency.
Dec 30 2011 // An analysis from Willis Re, the reinsurance broking arm of Willis Group Holdings, notes that the majority of this year’s catastrophe losses arose “from un-modeled or inadequately modeled perils or...
Dec 30 2011 // Reinsurance broker Guy Carpenter has examined the past year’s natural catastrophes, which it describes as “an unusually eventful year for the (re)insurance sector.” In addition to the ongoing financial...
Dec 29 2011 // Despite more than $100 billion in disaster losses around the world this year, insurers are not yet experiencing a broad and sustained increase in pricing power, defying predictions from a year ago that even half those...
Dec 27 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries....
Dec 20 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of Swiss Reinsurance...
Dec 19 2011 // A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a+” of MAPFRE PRAICO Group (MPG) and its members,...
Dec 15 2011 // Florida has added one more name to the growing list of offshore reinsurers who can do business in the state under a new law allowing them to reduce their capital and collateral requirements.The Florida Office of Insurance...
Dec 13 2011 // A.M. Best Co. has placed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Penna.-based First Sealord Surety, Inc. (FSSI) under review with negative...
Dec 13 2011 // Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, has added Cory Anderson as a partner. Anderson has worked in the reinsurance sector for more than a decade. He was...
Dec 13 2011 // The insurance industry is likely to see more robust mergers-and-acquisitions activities in 2012, according to a New York investment and research firm.In 2011, the M&A deal volume started off relatively slowly,...
Dec 8 2011 // The Aon Benfield Analytics’ Market Analysis team has published the latest edition of its Aon Benfield Aggregate (ABA) report, which assesses the financial performance of 28 of the world’s leading reinsurers in...
Dec 5 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has launched its China Property & Casualty Insurance and Reinsurance Market Report, which,” it said “reveals the...
Dec 5 2011 // Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations there, adding to an already record-breaking natural catastrophe bill this...
Dec 5 2011 // The Independent Insurance Agents and Brokers of America (Big “I”) recently presented Caliper Corp.’s founder and CEO Herb Greenberg with its chairman’s award.Greenberg was presented with the award...
Dec 2 2011 // DUAL Corporate Risks has launched Tamesis DUAL, a specialty excess-of-loss reinsurance business with capacity from Lloyd’s. Tamesis DUAL will access global clients writing a specialty excess-of-loss account. This...
Dec 1 2011 // Allied World Assurance Co. Ltd said it will commence writing reinsurance business in Malaysia from its Labuan branch. The official operating license was granted in July 2011 and will allow Allied World to write all classes...
Nov 30 2011 // Global insurer and reinsurer XL Group plc said that Greg Hendrick will become chief executive of XL’s insurance segment upon the retirement of Dave Duclos, the current insurance head.Hendrick, currently XL’s...
Nov 28 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda) Limited,...
Nov 21 2011 // Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations there, adding to an already record-breaking natural catastrophe bill this...
Nov 18 2011 // A.M. Best Europe – Rating Services Limited has revised the outlook to stable from positive and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Arab...