Latest Reinsurance Headlines

All the headlines from our Reinsurance Topic Page, ordered by recency.

House Passes Surplus Lines Regulatory Reform Legislation

Sep 27 2006 // The U.S. House of Representatives passed legislation that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace.H.R. 5637, The Non-Admitted and Reinsurance...

Industry to Congress: Permanent Solution to Terrorism Insurance Vital

Sep 27 2006 // Insurers, agents and business groups called on Congress to create a permanent solution safeguarding the economy against future terrorist attacks at congressional hearing today, “Protecting Americans from Catastrophic...

Aon Re Global Names Richardson to Head Facultative Re Unit

Sep 26 2006 // Aon Re Global has named Elliot Richardson to head its global cedant facultative reinsurance activities. The bulletin noted that Richardson, 34, “has resigned from his role as head of facultative reinsurance at...

P/C insurers’ performance exceeding Fitch estimates for 2006

Sep 25 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is...

Reinsurers adopt ‘wait and see’ posture at Rendezvous

Sep 25 2006 // For the first time in two years the high and mighty from the reinsurance world gathered for their annual Rendezvous in Monte Carlo without having to face the consequences of an ongoing catastrophe (Ivan in 2004 and Katrina...

Risk retention group 2005 premium grows 11.5% to $2.4 billion

Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...

Creating more capacity on the Texas coastline

Sep 25 2006 // Writing property insurance in Texas can be a difficult proposition, especially in a time when the frequency and severity of catastrophic coastal storms is increasing. To address this problem, the Texas Joint Committee on...

Reinsurers adopt ‘wait and see’ posture at Rendezvous

Sep 25 2006 // News CurrentsFor the first time in two years the high and mighty from the reinsurance world gathered for their annual Rendezvous in Monte Carlo without having to face the consequences of an ongoing catastrophe (Ivan in...

P/C insurers’ performance exceeding Fitch estimates for 2006

Sep 25 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is...

Risk retention group 2005 premium grows 11.5% to $2.4 billion

Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...

Lloyd’s Tolle Discusses Reinsurance Securitization Growth

Sep 22 2006 // A bulletin on the Lloyd’s Website (www.lloyds.com) gives highlights from a recent conference, held at the Reinsurance Rendezvous in Monte Carlo, on the continuing development and “convergence of traditional...

Former General Re and AIG Execs Indicted for Alleged Reinsurance Fraud

Sep 21 2006 // Four former senior executives of Berkshire Hathaway’s General Re Corp. and a former senior executive of American International Group Inc. were indicted Wednesday on charges they participated in a scheme to manipulate...

Best Affirms Lehman Re ‘A+’ Ratings

Sep 19 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) of Bermuda-based reinsurer Lehman Re Ltd., a wholly owned subsidiary of the New York-based investment banking and financial advisor...

Best Affirms Toa Re ‘A+’ Ratings

Sep 19 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Japan’s Toa Reinsurance Company, Limited; however, the rating outlook is...

Reinsurers Adopt ‘Wait and See’ Posture at Rendezvous

Sep 13 2006 // For the first time in two years the high and mighty from the reinsurance world have gathered for the annual Rendezvous in Monte Carlo without having to face the consequences of an ongoing catastrophe (Ivan in 2004 and...

Oxygen Re Enters Market

Sep 12 2006 // Oxygen Insurance Brokers, the Lloyd’s accredited broking operation of the London market insurance intermediary, announced the launch of Oxygen Re, to provide “all types of non-marine, marine and aviation treaty...

Best Upgrades SCOR Ratings to ‘A-‘

Sep 11 2006 // SCOR’s “Back on Track” restructuring strategy finally paid off as the French reinsurer regained its “A” rating from A.M. Best Co. The rating agency announced that it has upgraded the financial...

Zurich to Provide Dutch Export Credit Agency with Indonesia Cover

Sep 11 2006 // Zurich, U.S. announced from its Schaumburg, Ill. headquarters that its unit that provides insurance solutions for emerging markets risks has signed an agreement with Atradius Dutch State Business – acting on behalf...

Flagstone Re, Sirius Launch Aviation Reinsurance Cover

Sep 8 2006 // Flagstone Reinsurance Holdings Limited and Sirius International Insurance Corporation announced from Bermuda that they “are delighted to have established an agreement to underwrite Aviation Reinsurance.” The...

Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico

Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...