All the headlines from our Reinsurance Topic Page, ordered by recency.
Jun 20 2011 // The Florida reinsurance renewals on June 1, 2011, experienced a wide range of outcomes as substantial catastrophe losses combined with two major catastrophe model revisions over the past 16 months led to a volatile renewal...
Jun 20 2011 // Property and casualty insurers craving respite from a long-running drop in prices eyed the start of the U.S. hurricane season on June 1 in the hope that summer windstorms will finally turn the market. The June 1 to Nov. 30...
Jun 17 2011 // ReSource Intermediaries Francis (Mike) McGlinn as senior associate. New York-based ReSource is a full service reinsurance broker and part of Integro. A treaty marketing expert, McGlinn joins ReSource Intermediaries from...
Jun 16 2011 // A string of earthquakes in New Zealand is sending tremors through the global insurance market with some companies delaying underwriting policies and others turning to capital markets to offset the risk of pile-on damage...
Jun 16 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Germany’s Delvag Luftfahrtversicherungs-AG...
Jun 16 2011 // Aon Benfield has launched the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial position of the world’s leading reinsurers at the end of the first quarter.The report, compiled by...
Jun 16 2011 // Catlin Re Switzerland, the continental European reinsurer of the Bermuda-based Catlin Group Limited, announced that as of July 1, 2011, it will underwrite treaty reinsurance business from a new office in Madrid, focusing...
Jun 15 2011 // Zurich Financial Services , Switzerland’s biggest insurer, plans to open a reinsurance unit in Brazil, where almost $1 trillion worth of infrastructure projects are boosting demand for risk coverage.Zurich, which had...
Jun 14 2011 // Cincinnati Financial Corp. reported that The Cincinnati Insurance Companies’ property casualty group expects its second quarter 2011 results to include pre-tax catastrophe losses, net of reinsurance, of approximately...
Jun 13 2011 // Transatlantic Holdings, Inc. and Allied World Assurance Co. Holdings, AG on Sunday signed a merger agreement that will create a leading, global specialty insurance and reinsurance company. The combined entity will have...
Jun 10 2011 // The Texas Windstorm Insurance Association (TWIA) announced it has purchased $636 million in reinsurance protection. The policy will cover losses that exceed the $1.6 billion in funds estimated to be available from the...
Jun 10 2011 // Swiss Re is to reinsure a five-year project that provides drought insurance for crops in Ethiopia, in a microinsurance program developed by the World Food Program (WFP) and Oxfam America.The world’s biggest reinsurer...
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Jun 10 2011 // MAPFRE RE has opened a branch office in Paris, which, it said would “promote the development of LHA reinsurance (Life, Health and Accidents). The new branch joins offices previously opened in Athens, Brussels,...
Jun 7 2011 // While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but...
Jun 6 2011 // Property and casualty insurers craving respite from a long-running drop in prices eyed the start of the U.S. hurricane season on June 1 in the hope that summer windstorms will finally turn the market.The June 1 to Nov. 30...
Jun 6 2011 // Florida’s history with hurricanes has created a series of assumptions long treated as facts, none of which is more quoted than the “fact” that the exposure on the coastline is a greater risk than inland...
Jun 3 2011 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the Tower US Pool and...
Jun 2 2011 // The Florida reinsurance renewals on June 1, 2011, experienced a wide range of outcomes, as substantial catastrophe losses combined with two major catastrophe model revisions over the past 16 months led to a volatile...
Jun 1 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Platinum Underwriters Bermuda, Ltd. and its strategic affiliate Platinum...