All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 20 2007 // Insurance industry lobbyists are confident there is enough backing in Congress for renewal of the federal terrorism reinsurance program and enough support to override a threatened presidential veto if necessary.The current...
Sep 18 2007 // The Bush Administration believes that the federal backup for terrorism reinsurance should be phased out in favor of a private market for terrorism insurance and “strongly opposes efforts to expand the federal...
Sep 13 2007 // Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential...
Sep 12 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s Hannover Rueckversicherung AG (Hannover Re) and its...
Sep 12 2007 // In a new report, issued as one of several in conjunction with the annual Reinsurance Rendezvous in Monte Carlo, Standard & Poor’s Ratings Services examines the efforts of global reinsurers to diversify their...
Sep 12 2007 // Standard & Poor’s Ratings Services has published a commentary, titled, “Bermuda Class Of 2001: Five Years On,” which examines the present state of recent Bermuda reinsurance...
Sep 11 2007 // Aon Re Global announced from the Reinsurance Rendezvous in Monte Carlo that it has released its sixth annual Reinsurance Market Update.Among the highlights included in the publication, Aon cited the following: —...
Sep 11 2007 // Swiss Re said it “will continue to remain focused on economic profit growth, at the expense of premium volume, if necessary,” adding that the world’s largest reinsurer “is well positioned for the...
Sep 11 2007 // Standard & Poor’s Ratings Services’ new report – “Asia-Pacific Reinsurance Markets Remain Stable Despite Softening” – indicates that ratings on global and domestic reinsurers in the...
Sep 11 2007 // Six years after September 11, 2001, the threat of terrorist attack remains a source of tremendous uncertainty for the United States economy, with potentially negative consequences for both business interests and...
Sep 10 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of Germany’s Munich Reinsurance Company and its rated...
Sep 10 2007 // Standard & Poor’s Rating Services has issued a series of reports on the global reinsurance industry, timed to appear as the annual Reinsurance Rendezvous opens its doors in Monte Carlo. The meeting, which...
Sep 10 2007 // Florida’s property insurance industry is in the middle of the hurricane season — the political hurricane season.The state’s politicians promised voters their insurance premiums would go down after the state...
Sep 7 2007 // Karen Clark, the founder of modern day catastrophe risk modeling, has been awarded The Review Worldwide Reinsurance Awards’ Lifetime Achievement award. The award recognizes an individual who has made the most...
Sep 6 2007 // Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes...
Sep 6 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from...
Aug 31 2007 // France’s SCOR Group posted impressive gains for the first half of 2007, with net income after tax of €181 million ($247 million), a 77 percent increase over the same period last year. Gross premiums written for the...
Aug 29 2007 // The Reinsurance Association of America (RAA), a group of 22 U. S. property and casualty reinsurers, reported writing $12.2 billion of net premiums during the six-months ended June 30, 2007, a decrease of $7.5 million from...
Aug 29 2007 // The California Supreme Court has ruled that a statute authorizing limited discovery of a defendant’s insurance coverage does not include authorization to look into reinsurance agreements as part of facilitating a...
Aug 23 2007 // The rating agencies reacted positively to PartnerRe’s move to centralize all of its European operations in its Dublin-based subsidiary (See previous article).Standard & Poor’s Ratings Services assigned its...