All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 4 2005 // Insurers’ appetite for targeted insurance programs still favors larger deals and shuns workers’ compensation risks, according to one expert’s analysis of conditions.Benfield Inc. Senior Vice President C....
Jul 4 2005 // Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite reinsurance. Kelley, the U.S. Attorney for the Southern...
Jul 4 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope, creating the need to re-examine this reinsurance product, but more importantly determine its role in the...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty, and reinsurance executives say that underwriting...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jul 1 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the major operating companies of the Bermuda-based White Mountains Insurance Group Ltd.Best rated...
Jul 1 2005 // The 2004 hurricane season has led to a much greater focus on aggregate risk and this will prompt changes in catastrophe risk assessment, attendees at the Casualty Actuarial Society (CAS) Spring meeting heard.Randall...
Jun 30 2005 // The following is the Introduction and the Executive Summary of the June 30, 2005 report from the Treasury Department on the Terrorism Risk Insurance Act of 2002 including its assessment of the act and recommendations for...
Jun 30 2005 // The business lobby, Coalition to Insure Against Terrorism, is blasting as “flawed” and illogical the Treasury Department’s report recommending against renewal of the federal Terrorism Risk Insurance Act...
Jun 28 2005 // Standard & Poor’s Ratings Services has issued a new report – “Reinsurance Criteria: Larger Losses And Better Modeling Prompt Changes To Property Catastrophe Criteria-” that examines the upsurge...
Jun 27 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “BBB” long-term counterparty credit and insurer financial strength ratings on Cyprus-based reinsurer Alliance International...
Jun 23 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Barbados-based Imagine Insurance Company Limited. Best...
Jun 23 2005 // Forty reinsurance companies reported net written premiums of $30.1 billion for 2004, showing a combined ratio of 105.5 percent in the Reinsurance Association of America’s “Reinsurance Underwriting Review: 2004...
Jun 21 2005 // Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite reinsurance. Kelley, the U.S. Attorney for the Southern...
Jun 20 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope which creates the need to re-examine this reinsurance product, but more importantly determine its role in...
Jun 20 2005 // There are no second acts in American life,” F. Scott Fitzgerald famously noted. True, he never wrote another novel as wonderful as The Great Gatsby, but generally speaking he was wrong. Second, third and fourth...
Jun 20 2005 // The Florida Association of Insurance Agents will celebrate its 101st anniversary during its June 23 to 25 Convention and Educational Symposium at the Gaylord Palms Resort and Convention Center in Orlando, Fla.“I...
Jun 20 2005 // State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June.As they did,...
Jun 17 2005 // PartnerRe Ltd. joined other Bermuda insurers – RenRe, and Platinum being the latest (See IJ Web site June 16) – in the small, but growing, club of reinsurers who have received subpoenas from the United States...