All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 9 2008 // Standard & Poor’s Ratings Services has published two reports, coinciding with the Reinsurance Rendezvous in Monte Carlo, which examine the reinsurance industry’s progress in implementing risk management...
Sep 9 2008 // Oxygen Insurance Brokers, a Lloyd’s accredited London Market insurance intermediary, announced the expansion of their specialist reinsurance division, Oxygen Re, with the incorporation of Oxygen Insurance (Bermuda)...
Sep 8 2008 // The Annual Reinsurance Rendezvous in Monte Carlo convened this weekend amid concerns over the ongoing credit crisis, the softening of the market and the onslaught of storms in the Caribbean.The current climate for the...
Sep 8 2008 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has been honored as the “Re/Insurance Initiative of the Year” at the 2008 Review Worldwide Reinsurance Awards. It’s the first such recognition for...
Sep 5 2008 // European reinsurers’ losses on investments due to the financial crisis may dampen their appetite for a reinsurance price war, but will not interrupt the trend toward a weakening market.As reinsurers descend on the...
Sep 5 2008 // Hawaii’s Department of Commerce and Consumer Affairs Insurance Division is reminding that all reinsurance intermediaries get licensed, including nonresident reinsurance intermediary-brokers and nonresident...
Sep 5 2008 // Darker economic clouds are gathering over the world’s reinsurers as they travel to the Mediterranean coast this weekend to kick-off crucial pricing discussions with their insurance clients in Monte Carlo.Reinsurers...
Sep 3 2008 // Bermuda-based Endurance Specialty Holdings Ltd. announced the appointment of Lauren Kent as Senior Underwriting Manager and Head of Reinsurance for Endurance Worldwide Insurance Limited in London.She has 18 years of...
Sep 3 2008 // An analysis of the global reinsurance sector from Fitch Ratings London office concludes that the outlook “”remains stable.” Fitch said it “believes that individual companies’ operating...
Sep 3 2008 // Both Standard & Poor’s Ratings Services and A.M. Best have issued statements following the passage of Hurricane Gustav, which indicate that the storm’s impact on the industry will not be nearly as severe...
Sep 2 2008 // U.S. reinsurers reported a deteriorating combined ratio for the first-half 2008, compared to the first-half 2007 while net premiums were up over the same time period.The Reinsurance Association of America (RAA) released...
Aug 27 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Re Group and its members. The ratings apply to General...
Aug 22 2008 // Chicago-based Aon Corporation and UK-based broker Benfield Group Limited announced that their respective boards of directors have reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and...
Aug 22 2008 // Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 states, according to a new study released...
Aug 21 2008 // Brown Smith Wallace, LLC recently announced it has added two new team members to the insurance and reinsurance services group, Nathan Carter and Nicole Galloway.Nathan Carter joins Brown Smith Wallace as a staff accountant...
Aug 21 2008 // The exchange would allow underwriters to form syndicates to reinsure and insure unusual or very large exposures.N.Y.’s Dinallo Sees Insurance Exchange Open by 2009 New York Insurance Superintendent Eric Dinallo said...
Aug 21 2008 // In Japan, agencies write 93 percent of P/C insurance.The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of Finrex...
Aug 21 2008 // From Novelty to Necessity: Bermuda’s Insurance Market 2008Bermuda’s insurance industry has grown steadily since it began 50 years ago. It is now a mature market, and, in certain sectors – natural...
Aug 21 2008 // Stock Prices: The soft market continues to have an effect on insurers’ stock prices. With the inability of insurers to grow in the current market, commercial insurers’ stocks are still falling, down 18 percent...
Aug 21 2008 // An aerial photo shows a flooded area of downtown looking North over Cedar Rapids, Iowa, June 13, 2008. Interstate I-380 can be seen on the left while Mays Island, with Cedar Rapids City Hall, is seen on the right with its...