All the headlines from our Reinsurance Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Sep 7 2006 // Encino, Calif.-based NAS Insurance Services is launching a new turnkey EPLI reinsurance program for insurers to offer EPLI coverage to their policyholders. The program incldes options for various types of policies, limits...
Sep 7 2006 // Schaumburg, Ill.-based Zurich recently announced that John LaGrassa has been promoted to senior vice president and director of Ceded Reinsurance.In his new position, LaGrassa will be responsible for all of Zurich’s...
Sep 6 2006 // Munich Reinsurance America Inc. officially changed its name from American Re-Insurance Company effective Sept. 5, 2006. The name of the holding company, American Re Corporation, has changed to “Munich Re America...
Sep 5 2006 // The U.K.’s Hiscox plc announced that its Board of Directors, is “in discussions which could lead to the creation of a new reinsurer, which will only reinsure Hiscox Syndicate 33,” which it manages, and in...
Sep 4 2006 // Former Executive DirectorA ‘spirited’ Kentucky wants make up ground in the race for captives Glenn Jennings replaced Martin J. Koetters as Executive Director of the Kentucky Office of Insurance in April 2005....
Sep 4 2006 // In its recently issued global insurance report A.M. Best Co. concludes that “almost a year after three massive hurricanes — Katrina, Rita and Wilma — the global reinsurance industry is still struggling to...
Aug 31 2006 // In anticipation of the upcoming Reinsurance Rendezvous in Monte Carlo, Lloyd’s has presented an outline of its reinsurance activities and announced the creation of a Cayman Islands-based sidecar, Thunderbird Re, to...
Aug 31 2006 // France’s SCOR Group posted an impressive first half of 2006 with net income up 42 percent to €102 million ($131 million) compared to the €72 million ($92.5 million) it earned in the same period of 2005.Other...