All the headlines from our Reinsurance Topic Page, ordered by recency.
Apr 6 2011 // Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters, including Japan’s earthquake, will result in much higher rates in the...
Apr 6 2011 // Chaucer Syndicates Limited announced a new partnership with Nakhodka Re in Moscow and RFIB Ltd in London to launch SeaLine, as the first Lloyd’s coverholder in Russia.“Chaucer and RFIB acted as sponsors to...
Apr 6 2011 // The first part of this article appeared on the IJ’s web site on April 5.PRICE PRESSURE Earthquakes may not be linked to each other, but they are linked to the financial markets, as anyone who has invested in insurers...
Apr 5 2011 // Specialist insurer Amlin plc has released initial estimates of the impact of the 2011 New Zealand earthquake, the Japanese earthquake and the 2011 Queensland floods.The bulletin described the 2011 New Zealand earthquake as...
Apr 4 2011 // Florida has added another company to its growing list of reinsurers that are taking advantage of a state law that allows it to reduce its capital requirement. Arch Reinsurance Limited, a Bermuda-based reinsurer, received...
Apr 4 2011 // Aon Benfield’s most recent evaluation of the state of the reinsurance market, as of April 1, concludes that it performed “as intended through recent events,” and that it continues “to provide...
Apr 4 2011 // AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, announced two senior additions to its International operation, based in London.Rob Smart has been named Senior Vice President and...
Apr 4 2011 // Risk modeling company AIR Worldwide tightened its estimate for insured losses from the Japan earthquake and tsunami, as one analyst said reinsurers did not appear to be raising rates fast enough to compensate for the March...
Apr 1 2011 // Farmers and insurance agents who sell them federal crop insurance policies may soon be required to certify that they are not participating any rebating or incentive schemes related to the purchase of those policies.The...
Mar 31 2011 // A report from Willis Re, the reinsurance brokerage arm of Willis Group Holdings, notes that “relatively orderly price movements at the April 1 Japanese reinsurance renewals reveal that the Tohoku Earthquake is not...
Mar 30 2011 // The Japanese earthquake is set to be the first natural disaster that triggers a number of catastrophe bonds, surpassing Hurricane Katrina to become the event with the biggest impact on the alternative reinsurance...
Mar 29 2011 // Another reinsurer has stepped forward to take advantage of a Florida law that allows it to lower its collateral and still conduct business in the state.Florida regulators announced that Alterra Bermuda Limited has been...
Mar 28 2011 // Risk modeling company AIR Worldwide tightened its estimate for insured losses from the Japan earthquake and tsunami, as one analyst said reinsurers did not appear to be raising rates fast enough to compensate for the March...
Mar 28 2011 // The International Federation of Risk and Insurance Management Associations (IFRIMA) has called for Brazil to reconsider two legislative resolutions, which it describes as “harmful to Brazil’s interests in...
Mar 28 2011 // Liberty Mutual first established a Syndicate presence in Brazil in 2009, when it set up operations for its Lloyd’s syndicates in Sao Paolo and Rio de Janeiro. However, it’s already outgrown the original office,...
Mar 25 2011 // Standard & Poor’s Ratings Services has conducted a detailed analysis of 15 Japanese P/C insurers, and has made several adjustments in its ratings following the earthquake and tsunami, which hit the country on...
Mar 23 2011 // Insurer shares largely shrugged off the industry’s first round of damage estimates from this month’s earthquake in Japan, which may prove to be the world’s costliest disaster.Munich Re and Hannover Re,...
Mar 23 2011 // Munich Re announced that it has estimated its claims burden from the earthquake and tsunami in Japan at around €1.5 billion [$2.128 billion], after retrocession and before tax.As a result Munich Re said its “profit...
Mar 22 2011 // AXIS Capital Holdings Limited has issued a bulletin which estimates that the “total net impact of the New Zealand earthquake and loss events in Australia that have occurred to date in the first quarter of 2011 will...
Mar 21 2011 // A tenth reinsurer –and ninth from Bermuda– is taking advantage of a Florida law that allows it to post a lower collateral amount while still conducting business in the state.Florida regulators announced that...