Latest Reinsurance Headlines

All the headlines from our Reinsurance Topic Page, ordered by recency.

Towers Watson: New Risks, Regulations Reshape Reinsurance Industry

Sep 13 2010 // The growing complexity of reinsurance markets in recent years has increased demands on reinsurance buyers and radically transformed the industry, says Towers Watson.Changes such as complex market data, Solvency II...

Aon Benfield Appoints Van Slooten to Head International Research Team

Sep 9 2010 // Aon Benfield has appointed Mike Van Slooten as head of the International Research team, which monitors and analyzes reinsurers and market trends.He will be responsible for “organizing market security and research...

Best Reports Healthy Earnings ‘Mask Challenges’ for Global Reinsurers

Sep 9 2010 // A special report from A.M. Best concludes that “robust earnings reports mask challenges ahead for the global reinsurance industry: a convergence of market pressures, low interest rates and tightening financial and...

S&P Examines Reinsurers Reconsideration of Domicile Decisions

Sep 9 2010 // Global reinsurance companies are reconsidering their choices of corporate domicile, according to a new report from Standard & Poor’s Ratings Services, titled “Choosing A Domicile Remains A Hot Topic For...

S&P Examines Effects Of Chilean Earthquake on Reinsurers

Sep 9 2010 // A study published by Standard & Poor’s Ratings Services – entitled: “Reinsurers Foot The Bill For Chilean Earthquake Losses” – indicates that the global reinsurance industry has...

Reinsurers Under Pressure from Low Premiums, Catastrophes: Fitch

Sep 1 2010 // The reinsurance sector is vulnerable to a significant insured loss from the Atlantic storm season as their reserve capital has been used to offset low premiums, Fitch Ratings said, as Hurricane Earl threatens to hit...

U.S. P/C Reinsurers’ Premiums Decrease $12.8B in First Half of 2010

Sep 1 2010 // A group of 19 U.S.-based property/casualty reinsurers wrote $12.3 billion of net premiums during the six-months ended June 30, 2010, a decrease from the $12.8 billion net premiums written in the first six months of...

Endurance Appoints Falcon as Head of Reinsurance for Latin America

Aug 30 2010 // Bermuda-based Endurance Specialty Holdings announced that Arturo E. Falcon has joined Endurance Worldwide Reinsurance to lead the expansion of Endurance’s global reinsurance portfolio in the Latin American market. He...

Best Affirms ‘A++’ Ratings of French Gov’t. Reinsurer Caisse Centrale

Aug 30 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of French government backed reinsurer Caisse Centrale de Réassurance (CCR), both...

Travelers Wins $262M Asbestos Reinsurance Judgment

Aug 25 2010 // Travelers Insurance has won a $262 million judgment against a group of reinsurers that refused to pay a portion of a nearly $1 billion settlement in asbestos claims the insurer paid in 2002.The award by a New York Supreme...

Goss Re Names Brock as CEO; Fox as VP, Senior Broker

Aug 19 2010 // Scott Brock has been appointed as CEO of Goss Reinsurance Brokers Inc., the reinsurance brokerage division of U.S. Risk Insurance Group Inc.Brock will work with Chris Turner, president of Goss Re, to provide highly...

Best Affirms MAPFRE RE’s A+ Ratings; Outlook Negative

Aug 17 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A., but bothratings have negative...

Swiss Re Shuns Low-Margin Accounts; Weighs Where to Deploy Capital

Aug 6 2010 // Swiss Re would return capital to shareholders rather than underwrite low-margin business, its chief financial officer told Reuters, in a sign of confidence in the world’s second-biggest reinsurer’s renewed...

Schmidt Named CEO for Catlin Europe Reinsurance, New Switzerland Unit

Aug 3 2010 // Specialty insurer and reinsurer Catlin Group Limited has appointed Peter Schmidt as chief executive officer for European Reinsurance. He will also serve as CEO of Catlin Re Switzerland, which subject to regulatory approval...

S&P Raises Arch Capital Group’s Ratings to ‘A-‘; Outlook Stable

Jul 29 2010 // Standard & Poor’s Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial...

Best Assigns ‘A’ Ratings to China Re Group; Outlook Stable

Jul 27 2010 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” to China Reinsurance (Group) Corporation (China Re or the Group) and its subsidiaries,...

Europe’s CEA Expresses Concerns on Reinsurance Tax Proposals

Jul 27 2010 // The CEA (Centre d’Etudes d’Assurance), the European insurance and reinsurance federation, has written to the US House of Representatives to express its concerns over proposals to change the US tax treatment of...

Lloyd’s Lauds Buoyant Brazil

Jul 26 2010 // Lloyd’s Chairman Lord Levene, speaking at a recent Lloyd’s seminar in Rio de Janeiro, gave high marks to the successful establishment the Lloyd’s market has made in Brazil, describing it as...

S&P Comments on Dodd-Frank Act’s Implications for Insurers

Jul 23 2010 // A comment from Standard & Poor’s Ratings Services notes that the Dodd-Frank Wall Street Reform and Consumer Protection Act “seeks to expand regulation to address many aspects of the financial services...

Florida Insurers Need Rate Increases, Says Rating Expert

Jul 21 2010 // Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise...