All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 30 2011 // The California Earthquake Authority (CEA) has completed what it called a “first-of-its-kind transaction,” taking reinsurance out of the equation and opening “a more direct path” to transfer...
Sep 29 2011 // A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit rating to ‘bbb’ from ‘a-‘of Ansvar Insurance Limited (New...
Sep 29 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued a bulletin indicating that Australian and New Zealand insurers, who were hit with “catastrophic events” in 2010 and...
Sep 27 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to ‘a’ from ‘a-‘ of Cayman...
Sep 27 2011 // A newly issued special report from A.M. Best notes that although the “reinsurance environment in the Middle East and North Africa (MENA) region is stagnant in many aspects, it also contains many elements that are in...
Sep 27 2011 // Specialist insurer Genworth has announced the full placement of a new reinsurance treaty for mortgage insurance (MI) in Europe. The bulletin said the “deal is the first of its kind in Europe,” and that it...
Sep 23 2011 // The UK-based Tawa plc, which specializes in insurance investments and services, posted a first half profit of $11 million, compared to $1.4 million in the same period of 2010.The Group’s earnings report also listed...
Sep 22 2011 // A Florida state panel has approved the use of a new hurricane catastrophe model that is increasing many insurers’ exposure.The Florida Commission on Hurricane Loss Projection Methodology has approved the Risk...
Sep 21 2011 // Independent reinsurance broker Holborn Corp. has appointed Arthur Dougherty as a senior vice president in the firm’s New York City headquarters. Dougherty is an industry veteran, having worked more than three decades...
Sep 21 2011 // Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices...
Sep 19 2011 // “We need information that can only be gained directly from our clients,” said Hans-Joachim Guenther, Chief Underwriting officer of Endurance Specialty Holdings for Europe and the Asia-Pacific region.In an...
Sep 19 2011 // Generally speaking the reinsurance industry is in good shape, certainly better than it was in 2008 and 2009, when even mighty Swiss Re needed a bailout from Berkshire Hathaway.A combination of improved models and a greater...
Sep 13 2011 // Hannover Re , the world’s third-biggest reinsurer, said it saw reinsurance prices rising by 3-8 percent next year, a brighter outlook than that of its two bigger rivals.“It is our expectation that the...
Sep 12 2011 // You could hold it in New York, or London, or practically anywhere, but it wouldn’t be the same. The annual Reinsurance Rendezvous in Monte Carlo, which translates as Charles’ Hill, in Monaco is a unique event....
Sep 12 2011 // Catastrophe claims totaling $70 billion have failed to generate a hoped-for upturn in reinsurance prices, putting the industry under pressure to specialize and develop new products to generate growth.Reinsurance policy...
Sep 12 2011 // The long awaited end of the reinsurance pricing cycle may be obtainable, but is that necessarily good news?In his keynote speech at the PricewaterhouseCoopers breakfast briefing at the Reinsurance Rendezvous Martin...
Sep 12 2011 // As the Reinsurance Rendezvous in Monaco enters its second day, it has become apparent that most of the world’s global reinsurers are more than adequately capitalized.In conferences held on September 11 both A.M. Best...
Sep 12 2011 // Bermuda-based White Mountains Insurance Group said it is reorganizing and rebranding its global reinsurance business. All reinsurance operating entities will be consolidated under Sirius International Insurance Corp....
Sep 9 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp. has released the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial position of the world’s 28...
Sep 8 2011 // Montpelier Re Holdings Ltd. Has appointed Christopher T. Schaper as President of Montpelier Reinsurance Ltd. , effective November 25, 2011 – subject to the approval of the Bermuda Department of Immigration. He will...