All the headlines from our Reinsurance Topic Page, ordered by recency.
Jan 22 2006 // The Ohio Department of Insurance recently filed revisions to several rules that could impact property and casualty insurance companies.The rules deal with solvency surveillance, acquisition or mergers, reinsurance terms...
Jan 22 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s Earlybird Forecast Survey, but the survey of Wall Street stock analysts and...
Jan 22 2006 // 2006 looking good already for P/C industryRecord catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent Earlybird Forecast Survey, but...
Jan 22 2006 // Stock Prices: Commercial lines stocks advanced for the second consecutive two-month period, up 5 percent for November/December, compared to a 7 percent increase in September/October. Companies continue to impress despite...
Jan 22 2006 // Fortunately for insurers, 2006 will likely feature far fewer screaming headlines announcing investigations into various insurance industry practices such as broker compensation and finite reinsurance.Each year the...
Jan 22 2006 // I.I.I. JOINT P/C FORUM: Outside Looking In – Left to right: V.J. Dowling, Dowling & Partners Securities; Mark Puccia, Standard & Poor’s; David Schiff, Schiff’s Insurance Observer; Brian P....
Jan 22 2006 // Although Katrina is long gone, the clouds of misfortune she and her sisters generated will linger for decades. They radiate well beyond Louisiana, Florida, Texas, Mississippi, Alabama and other regions into the heart of...
Jan 19 2006 // RLI Corp. has promoted Carol Denzer to vice president, chief information officer, and Chad Berberich to assistant vice president, reinsurance and catastrophe management. Denzer, a graduate of St. Cloud State University,...
Jan 19 2006 // Standard & Poor’s newly issued report on Corporate Securitizations notes that these types of transactions are gaining increasing acceptance as a capital management tool by European insurers, with Swiss Re and...
Jan 19 2006 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Central Reinsurance Corporation (Central Re) (Taiwan). The outlook for both ratings is...
Jan 18 2006 // Benfield, the U.S.-U.K.-based international reinsurance broker and risk intermediary, has issued a comprehensive 82-page report on the current climate in the reinsurance market. The study found that “last...
Jan 18 2006 // Swiss Re has released “A shake in insurance history — The 1906 San Francisco Earthquake,” to mark the centennial of the catastrophe.The reinsurer notes that it was “an event that altered the course...
Jan 18 2006 // Insurers that write monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program.During a conference...
Jan 17 2006 // A moderate avian flu outbreak similar to the 1957 and 1968 flu pandemics could significantly impact the life insurance industry, generating $31 billion in additional death claims, according to a new analysis by the...
Jan 16 2006 // France’s SCOR Group announced that “premium income linked to Non-Life and Credit & Surety treaties up for renewal on 1 January 2006 is up by around 25 percent.”The bulletin added, “these...
Jan 16 2006 // Duane Morris has named William J. Casey to head of the law firm’s Insurance and Reinsurance Practice Group. Casey was the former managing partner of the San Francisco office of Hancock, Rothert and Bunshoft –...
Jan 15 2006 // The chief executive of Allstate Corp., one of the largest U.S. insurance companies, has endorsed a proposal to create a national insurance catastrophe fund as a backstop to state disaster funds.Several Florida lawmakers...
Jan 13 2006 // Aon Re UK has issued an a bulletin following a renewals briefing in London yesterday, Jan.12, indicating that although the January reinsurance renewal season is running very late, premiums (rates) aren’t appreciably...
Jan 13 2006 // XL Reinsurance America Inc., a subsidiary of XL Capital Ltd has named John P. Welch as president and chief operating officer. He will report to James H. Veghte, chairman and chief executive officer of XLRA, and chief...
Jan 12 2006 // The Insurance Skills Center is offering two new classes on disaster preparedness, to be held in Pasadena, Calif., on Jan. 17, and in Irvine, Calif., on Jan. 24.The classes qualify for eight continuing education credits...