All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Sep 20 2019 // AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Brit Reinsurance (Bermuda) Ltd. The outlook assigned to these credit ratings is stable.The...
Sep 17 2019 // The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals, which is designed to provide additional options for insurer clients by reducing the timeframe around pricing negotiations...
Sep 16 2019 // AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS) data assets to ACORD, the global standards-setting body for the...
Sep 13 2019 // TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta as chief operating officer.Prior to joining TigerRisk, Gupta was president of...
Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference.Speaking at the Keefe, Bruyette & Woods Insurance...
Sep 12 2019 // Global temperature change, global trade collapse and cyber warfare are the top three “extreme risks” identified in a study from Willis Towers Watson.The new paper out this month is part of the firm’s...
Sep 12 2019 // Markel Corp. announced the launch of Lodgepine Capital Management Ltd., its new retrocessional Insurance Linked Securities (ILS) fund manager in Bermuda, together with a reinsurance company, Lodgepine Re.Lodgepine’s...
Sep 11 2019 // The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no denying that two years of losses have affected investor sentiment. While such a statement is hardly surprising, it is...
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...
Sep 10 2019 // Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their...
Sep 9 2019 // Reinsurance brokerage BMS Group announced the appointment of Gregg Holtmeier as chief strategy officer of its U.S. reinsurance operations. With 20 years’ experience in the reinsurance markets, Holtmeier joins BMS...
Sep 4 2019 // Arkansas Insurance Commissioner Allen Kerr has approved five new insurance companies to operate in the state, bringing to 103 the number of new insurance companies approved since January 2015, according to the Arkansas...
Sep 4 2019 // Global re/insurer MS Amlin announced that Chris Beazley, CEO of MS Amlin AG, will be expanding his leadership role to include all of MS Amlin’s reinsurance business with immediate effect. Beazley takes over the...
Sep 4 2019 // Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said.After falling for several years due to...
Aug 30 2019 // Sirius Group announced enhancements to unify its global operating structure, which includes the promotions of key leaders to head its business segments.These leaders are responsible for supporting long-term business...
Aug 29 2019 // Hurricane Dorian has set its sights on the Southeast coast, with Florida likely to be the state that feels the biggest impact when it makes its U.S. landfall sometime over the weekend or early next week, according to...
Aug 27 2019 // Aon plc has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in this evolving sector.The group will be chaired by...
Aug 22 2019 // Guy Carpenter & Company LLC has been named the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority.Guy Carpenter...