All the headlines from our Reinsurance Topic Page, ordered by recency.
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...
Jun 30 2004 // Fitch Ratings announced that it has affirmed the ‘AA’ insurer financial strength rating of Bermuda’s Partner Reinsurance Company and the ‘A+’ long-term issuer rating of Partner Reinsurance...
Jun 24 2004 // Bermuda’s RenaissanceRe Holdings Ltd. announced that David A. Eklund, its Executive Vice President, and President and Chief Underwriting Officer of Renaissance Reinsurance Ltd., is resigning from the Company to...
Jun 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Bahrain-based reinsurer Arab Insurance Group...
Jun 23 2004 // Fitch Ratings announced that it has affirmed the “A” insurer financial strength rating on Exporters Insurance Company Ltd., a Bermuda-based group captive insurer that focuses on trade credit insurance. The...
Jun 21 2004 // Insurance companies are going to find reinsurers less and less reliable as pricing weakens in the U.S. property/casualty market, panelists at Standard & Poor’s Ratings Services Insurance Conference warned last...
Jun 21 2004 // Aon Corporation announced that the results of its 2003 P/C Earnings Volatility Study showed that insurers and reinsurers were more effective at minimizing earnings volatility in 2003.“The study measures earnings...
Jun 21 2004 // The hospital professional liability market is in the throes of deceleration. While there is emerging competition, many more experienced carriers are exiting the marketplace and losses are coming in faster and are more...
Jun 18 2004 // U.S. reinsurers are in peril of repeating the mistakes of history by sacrificing profitability, according to a panel of industry leaders at Standard & Poor’s Annual Insurance Conference in New York City. Now...
Jun 18 2004 // A study conducted by A.M. Best Co. has concluded that Europe’s reinsurers have seen their financial strength stabilize after a two-year period of downward pressure.“Strong accident year results were maintained...
Jun 17 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” counterparty credit rating to Endurance Specialty Holdings Ltd. and its preliminary “BBB” senior debt,...
Jun 16 2004 // American Re Broker Market announced that Daniel McGinnis has joined the company as Vice President and Finite Risk Underwriter. He will be involved in underwriting the full range of finite risk business that the company...
Jun 16 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Employers Re Corp Group and Westport Insurance Corporation of Jefferson City, Mo.The bulletin noted that the...
Jun 16 2004 // A.M. Best Co. has affirmed the financial strength ratings of “A++” (Superior) of the General Re Group. The rating applies to General Reinsurance Corporation (Delaware) and its core property/casualty and life...
Jun 15 2004 // John B. Collins Associates Inc., an reinsurance intermediary, announced that Frank Johnson has joined the firm as a vice president in their New York office. In his new role, Johnson will be responsible for establishing new...
Jun 14 2004 // Guy Carpenter and EQECAT announced their intention to jointly develop the “DACH Flood” software, which they described as “an accumulation tool that will allow users to assess their exposure to flood in...
Jun 10 2004 // French reinsurer SCOR announced that the following persons have been named to the SCOR VIE Executive Committee at a meeting of its Board of Directors, chaired by CEO Denis Kessler:— Romain Durand, Chief Executive...
Jun 10 2004 // GE’s Employers Reinsurance Corp. (GE ERC), based in Kansas City, Kan., named Richard F. Smith its chief operating officer and Marc Meiches as its chief investment officer.As chief operating officer, Smith, 44, will...
Jun 3 2004 // Standard & Poor’s Ratings Services has issued a report on the current state of the reinsurance community, which concludes that its resolve will be further tested in 2005.Striking a balance between the...
Jun 3 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the Bermuda-based Everest Re Group’s reinsurance and insurance subsidiaries. Best also affirmed all debt...