All the headlines from our Reinsurance Topic Page, ordered by recency.
Jun 27 2008 // Catastrophe bonds, which allow investors to make bets on disaster, have thrived in recent years, but a number of factors are seen cooling this obscure part of the debt market in 2008.The growth of catastrophe, or...
Jun 27 2008 // New York will hire more minority- and women-owned debt underwriters, lawyers and risk managers and ease regulatory barriers that are “openly discriminating” against foreign reinsurers, Democratic Gov. David...
Jun 24 2008 // Bermuda-based ACE Limited has announced that, based on current estimates, the impact of the recent floods in the Midwestern U.S. “will have a negligible impact on both second quarter and full-year earnings per share...
Jun 24 2008 // Marsh has announced that its aviation reinsurance team will join Guy Carpenter, also an MMC company, which specializes in all aspects of reinsurance, by the end of 2008.When the process is completed, 29 Marsh colleagues...
Jun 23 2008 // Willis International Holdings announced the appointment of Margo Black as CEO for the group’s reinsurance operations in Brazil. She will be primarily responsible for the technical and sales development of wholesale...
Jun 23 2008 // Two consecutive years of record earnings in the property and casualty insurance industry driven by lower catastrophe losses and healthy investment returns, along with unforeseen risks brought on by the subprime mortgage...
Jun 19 2008 // Marsh has released key findings from its Financial Institutions – Captive Benchmarking Analysis report, to be published in September. The bulletin described the study as the “most in-depth review of the use of...
Jun 18 2008 // Because of a natural catastrophe’s high cost to society, some believe that the U.S. federal government should provide a program to backstop losses for natural catastrophes, said an article published by Standard...
Jun 17 2008 // A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa” of French government...
Jun 16 2008 // Insurance is best regulated at the local level. That’s the opinion of California Insurance Commissioner Steve Poizner, who shared his views during his welcome address to the National Association of Insurance...
Jun 16 2008 // Science and technology are converging with risk management to help insurers negotiate the current hurricane season such that it’s now possible to use short-term hurricane forecasts — as few as 10 days out...
Jun 12 2008 // Insurers continue to emerge from the credit crisis with strength and are among the least impacted of all financial institutions, according to a senior ratings agency official speaking at the Casualty Actuarial...
Jun 10 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on Fairfax Financial Holdings Ltd.’s (FFH) operating insurance companies (collectively, Fairfax) to...
Jun 3 2008 // Insurance is best regulated at the local level. That’s the opinion of California Insurance Commissioner Steve Poizner, who shared his views during his welcome address to the National Association of Insurance...
Jun 2 2008 // MetLife Inc, the largest U.S. life insurer, said Monday that it would divest its 52 percent stake in Reinsurance Group of America Inc .Under the multi-step transaction, MetLife said Reinsurance Group would recapitalize its...
Jun 2 2008 // Bermuda’s insurance regulator is increasing staffing by as much as 50 percent as it sets its sights on eventually reaching a mutual recognition agreement with other domiciles, executives at an insurance conference...
Jun 2 2008 // Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents, the variables which may affect their execution, and the means and modes of analysis. The...
May 30 2008 // Science and technology are converging with risk management to help insurers negotiate the current hurricane season such that it’s now possible to use short-term hurricane forecasts — as few as 10 days out...
May 27 2008 // Swiss Reinsurance America Corporation and Swiss Reinsurance Company Ltd. have been officially recognized as admitted reinsurers by Susep, the Brazilian insurance regulator, with the ability to sell reinsurance in the newly...
May 22 2008 // Texas Insurance Commissioner Mike Geeslin has approved the Texas Windstorm Association’s request for increased reinsurance for the 2008 hurricane season.TWIA, the state-backed “insurer of last resort”;...