All the headlines from our Reinsurance Topic Page, ordered by recency.
Dec 10 2009 // The Bermuda Institute of Ocean Sciences (BIOS) recently released a study of the oceans surrounding Bermuda, which, it said, “are arguably the most comprehensively studied marine sites in the world.” The study...
Dec 8 2009 // The insurance industry may not see a return to relative stability and certainty for a few years as it reacts to the effects of regulatory reform, increased government intervention and potential tax law changes in the...
Dec 7 2009 // The Association of Bermuda Insurers and Reinsurers (ABIR) has elected a new slate of officers for the 2010 and 2011 term.The bulletin said that, as of the beginning of the new year, “Michael Butt, Chairman of the...
Dec 6 2009 // In times likes these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial...
Dec 3 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Harbor Point Re Limited and its wholly owned subsidiary, Harbor...
Dec 3 2009 // The Bermuda-based Max Capital Group Ltd. announced the establishment of a Latin American reinsurance operation and the appointment of two senior managers for the region.Carlos Caputo will serve as CEO of Max’s Latin...
Nov 25 2009 // The Bermuda-based Max Capital Group has appointed David Kalainoff as President of Reinsurance Operations. He joined Max in 2003, most recently serving as Managing Director Reinsurance and Executive Vice President and Chief...
Nov 18 2009 // Munich Reinsurance America, Inc. announced that it now offers a reinsurance product for insurance companies impacted by rising insured losses from ‘local’ natural catastrophes.“The Nat Cat Frequency Cover...
Nov 17 2009 // The New Jersey-based Arch Reinsurance Company announced that Tim Olson has been promoted to the position of President and Chief Executive Officer of Arch Reinsurance Company. He will assume responsibility for the overall...
Nov 16 2009 // Torus, has appointed David Whiting as Senior Casualty Reinsurance Underwriter, with immediate effect. He is based in Bermuda, and takes over responsibility for all of Torus Re’s casualty underwriting. Whiting reports...
Nov 15 2009 // Maryland-based insurance and risk management firm HMS Insurance Associates Inc. has made several executive-level promotions. Nancey Bohlen has been promoted to chief financial officer and vice president of operations. She...
Nov 15 2009 // Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Ring will be based in NCIC’s Anaheim Hills,...
Nov 13 2009 // ACE Tempest Re Europe has announced the appointment of David Mann in the newly created role of Senior Underwriter for Structured Risks.The appointment “further enhances ACE’s commitment to expanding its product...
Nov 12 2009 // A.M. Best Co. has revised its rating outlook on Transatlantic Holdings, Inc. And its subsidiaries o stable from negative for. Best also affirmed Transatlantic’s financial strength ratings of ‘A’...
Nov 5 2009 // Tal P. Piccione, Chairman and CEO of international reinsurance brokerage firm U.S. RE Corp., announced that it “has formed a strategic, exclusive, and reciprocal alliance with San Segur, a prominent insurance and...
Nov 5 2009 // Though fewer of them than a year ago perceive a growing market, carriers still have what must be considered an upbeat opinion of the nation’s program administrators and managing general agents marketplace in light of...
Nov 3 2009 // The Excess/Surplus Lines Claims Association has changed its names and elected a new slate of officers and directors.The organization is now known as the International Association of Claim Professionals (IACP). Its new...
Nov 1 2009 // Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the issue as...
Oct 30 2009 // A.M. Best Co. has affirmed the financial strength ratings (FSRs) of ‘A’ (Excellent) and issuer credit ratings (ICRs) of “a” of Hiscox Insurance Company (Bermuda) Limited, the UK-based Hiscox...
Oct 26 2009 // An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural...