All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 27 2004 // Bermuda-based RenaissanceRe Holdings Ltd. reported net operating income available to common shareholders of $143.1 million for the second quarter of 2004, versus $130.5 million for the comparable period in 2003.Operating...
Jul 27 2004 // Fitch Ratings has revised its Rating Outlook for the global reinsurance sector to Stable from Negative. Prior to this change, Fitch had maintained a Negative Rating Outlook on the sector since 2001.Fitch’s revised...
Jul 27 2004 // The Tillinghast business of Towers Perrin has announced that Peter Gentile has joined as national director of business development in its property/casualty insurance practice. In this newly created position, Gentile will...
Jul 23 2004 // According to a report by A.M. Best Company, improved reported results for 2003 and the first quarter of 2004, stable equity markets, marginal increases in bond yields and raising of some fresh capital after two years of...
Jul 21 2004 // A.M. Best Co. has downgraded the financial strength ratings of Converium AG (Switzerland) and its rated core subsidiaries (collectively referred to as Converium) to “A-” (Excellent) from “A”...
Jul 21 2004 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $24.8 million for the second quarter of 2004 compared to net income of $18.4 million for the second quarter of 2003. Net income for the...
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Jul 19 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers with which they place business. Unfortunately, despite their best...
Jul 19 2004 // The growing gap in expectations between cedants and reinsurers may develop into a critical concern for the industry, according to a new study by Conning Research and Consulting Inc.Although the expectations gap fits no...
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising, but the questions that today’s insurance underwriters ask about law firm accounts might be, as the attendees at a...
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Jul 9 2004 // Bermuda’s XL Re Ltd., a subsidiary of XL Capital Ltd., announced the appointment of Jeremy Hindle as Ceded Reinsurance and Underwriting Risk Manager, based in London. He is currently Director of Property Underwriting...
Jul 9 2004 // ACE Global Re, the reinsurance division of the Bermuda-based ACE Group of Companies, announced that it is expanding its reinsurance capabilities in the finite risk reinsurance market. “Both prospective and...
Jul 6 2004 // A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Re Holdings Corp.’s (Odyssey Re) (New York, N.Y.) reinsurance and insurance subsidiaries, which comprise the Odyssey Reinsurance...
Jul 5 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Jul 5 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Jul 5 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers they place business with. Unfortunately, despite their best...
Jul 5 2004 // A.M. Best Co. affirmed the financial strength ratings of “A++” (superior) of the General Re Group. The rating applies to General Reinsurance Corporation of Delaware and its core property/casualty and life...