All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 19 2010 // UK-based Broker Miller Insurance Services Limited, which specializes in both insurance and reinsurance, announced a number of senior appointments to its reinsurance business unit.Former Guy Carpenter Managing Director...
Jul 19 2010 // Impact Forecasting, Aon Benfield’s catastrophe model development center, has launched the first fully functional Asian typhoon model to span the continent.“The new model will help insurers analyze the financial...
Jul 16 2010 // Yesterday’s hearing before the House Ways and Means Committee has inspired both sides in the debate over Rep. Richard Neal’s (D-MA) plan, HR3424, to tax foreign-based insurers and reinsurers. [See IJ web site...
Jul 16 2010 // Nobody wishes for a natural disaster, but there’s nothing like a big U.S. hurricane to revitalize shares in property and casualty insurers, currently weighed down by persistently weak insurance prices.Nine analysts...
Jul 16 2010 // Donegal Group Inc. has announced the execution of an agreement pursuant to which it will acquire all of the outstanding stock of Michigan Insurance Co., a majority-owned stock subsidiary of West Bend Mutual Insurance Co....
Jul 16 2010 // Standard & Poor’s Ratings Services said that the ratings on CNA Financial Corp. (BBB-/Stable/–) and its core insurance operating companies (A-/Stable/–) are “unaffected by the company’s...
Jul 15 2010 // Both sides presented their views at a hearing of the House Ways and Means Committee on Wednesday, July 14. Compromise over whether or not to disallow deductions for premiums paid to purchase reinsurance from...
Jul 13 2010 // HR 3424 will be the subject of a hearing House by the House Representatives Ways and Means Committee today at 10:00 a.m. The Bill, sponsored by Rep. Richard E. Neal (D-MA), has been the subject of a lengthy debate [See IJ...
Jul 12 2010 // PartnerRe Ltd. Has announced three executive management changes. Emmanuel Clarke will become CEO, PartnerRe Global effective September 1, 2010. Bill Babcock will become Executive Vice President, CFO, PartnerRe Ltd....
Jul 12 2010 // Munich Re has provided the Massachusetts Property Insurance Underwriting Association (MPIUA) with a $ 96 million catastrophe bond issuance that “transfers hurricane risk in Massachusetts to the capital...
Jul 12 2010 // The Massachusetts Property Insurance Underwriting Association (MPIUA) has received a $96 million catastrophe bond issuance that transfers hurricane risk in Massachusetts to the capital markets, a number of reinsurers...
Jul 9 2010 // The ACE Group of insurance and reinsurance companies announced the appointment of David Furby as Division President, Commercial Property & Casualty, for ACE’s Overseas General operations.He is based in New York...
Jul 9 2010 // Lloyd’s of London will not insure or reinsure petroleum shipments going into Iran, the insurance market said on Friday.U.S. President Barack Obama signed into law last week far-reaching new sanctions that aim to...
Jul 5 2010 // EPIC (Edgewood Partners Insurance Center) added Tina Brink as a senior account executive in its Folsom, Calif., office, and Lori Perry as a senior account executive in its San Francisco office.Brink brings more than 18...
Jul 5 2010 // The Pacific Northwest is one of five regions in the world most likely to see a mega-earthquake, according to a new report. “When The Earth Moves: Mega-Earthquakes To Come?” published by Aon Benfield in...
Jul 2 2010 // Aon Benfield has released its July first “Renewals Update” report, which indicates that “rates continue to decline in all major regions without significant catastrophe loss activity in the last 12...
Jul 1 2010 // Willis Re, the reinsurance arm of Willis Group Holdings announced the appointment of James Byng Property Resource Group Leader for its International and Specialty reinsurance business. He will assume this new position on...
Jul 1 2010 // A new report from Willis Re, the reinsurance broking arm of Willis Group Holdings, has concluded that “losses from the Chile earthquake and storms in Australia in the first quarter of 2010 have had little impact on...
Jun 29 2010 // When U.S. Representative Richard Neal (D-MA) introduced, or more properly reintroduced, HR 3424, a bill aimed at closing what its proponents describe as a “loophole” in the U.S. tax code, he ignited, or more...
Jun 29 2010 // The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the...