All the headlines from our Reinsurance Topic Page, ordered by recency.
Aug 23 2007 // Bermuda-based PartnerRe Ltd. announced that “Partner Reinsurance Europe Limited, a wholly- owned subsidiary of PartnerRe Ltd., based in Dublin, will, from January 1, 2008, be the principal reinsurance carrier for...
Aug 21 2007 // A.M. Best Co. has released its methodology, “Securitization of Reinsurance Recoverables,” which describes the criteria it uses for rating securities collateralized by reinsurance recoverables.Best noted that...
Aug 20 2007 // Record earnings, capitalization and profits deliver new challenges for reinsurersIf the reinsurance industry were a game of golf, one would say that after three rounds — the two halves of 2006 and the first half of...
Aug 20 2007 // If the reinsurance industry were a game of golf, one would say that after three rounds — the two halves of 2006 and the first half of 2007 — it tops the leader board. But as any golf buff knows the final 18...
Aug 17 2007 // For the first time in its history, the Reinsurance Association of America (RAA) will be conducting an educational seminar on the West Coast, desiged to reach a potentially large audience of attendees. According to RAA, its...
Aug 10 2007 // Berkley Insurance Company, a member company of W. R. Berkley Corporation, announced that it will be filing an application with the Australian Prudential Regulatory Authority (APRA) to establish a reinsurance branch in...
Aug 8 2007 // The newly-formed Argo Group International Holdings, Ltd. announced the completion of its merger between Argonaut Group, Inc. and a wholly owned subsidiary of PXRE Group, Ltd. concluding the deal made earlier this year (See...
Aug 7 2007 // Bermuda-based White Mountains Re Ltd. announced that Dwight Evans has joined the organization as Executive Vice President – Global Reinsurance, subject to the approval of Bermuda’s immigration authorities. He...
Aug 7 2007 // A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to the Esurance Insurance Group (Esurance). In conjunction with the...
Aug 6 2007 // Currently underway in Florida is a controversy over the amount of private reinsurance homeowners insurers should purchase in addition to the now expanded $28 billion in reinsurance available from the Florida Hurricane...
Aug 6 2007 // The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA) filed suit on July 17, 2007, against American International Group Inc....
Aug 6 2007 // Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted late last month to add wind...
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violationsThe Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compensation Insurers Association (MWCIA)...
Aug 6 2007 // Currently underway in Florida is a controversy over the amount of private reinsurance homeowners insurers should purchase in addition to the now expanded $28 billion in reinsurance available from the Florida Hurricane...
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violationsThe Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA)...
Aug 6 2007 // House panel votes to add wind to flood programPrivate insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services...
Aug 2 2007 // Gov. Charlie Crist suggested Tuesday that some property insurers may be deliberately flouting a new state law that requires them to buy cheaper reinsurance and pass the savings on to consumers.Crist said he was concerned...
Aug 2 2007 // Endurance Specialty Holdings Ltd. announced that Hans-Joachim Guenther would join Endurance Worldwide Insurance Limited in London as Chief Underwriting Officer for Reinsurance and Head of Reinsurance for Europe. He has 19...
Aug 2 2007 // Bermuda-based RenaissanceRe Holdings Ltd. posted $193.741 million after tax income for the second quarter of 2007. Net income available to common shareholders was $183.166 million or $2.53 per diluted common share in the...
Aug 2 2007 // The House Financial Services Committee voted yesterday to extend and expand the federal terrorism reinsurance law, going against the wishes of the Bush Administration.The panel voted by 49 to 20 in favor of H.R. 2761, the...