All the headlines from our Reinsurance Topic Page, ordered by recency.
Aug 8 2018 // Bermuda-based Aspen Insurance Holdings Ltd. announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect.Issavi succeeds Thomas...
Aug 7 2018 // The chief executive of Aspen Insurance Holdings Limited described business changes to Aspen’s Lloyd’s insurance book last week, while neither unequivocally confirming or denying rumors that a deal to sell the...
Aug 7 2018 // A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these instruments would...
Aug 6 2018 // Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and portfolios,...
Aug 6 2018 // Executive Summary: While progress has been made in the development of casualty insurance-linked securities (ILS), there still is significant work to do, says Aaron C. Koch of Milliman, who discusses some of the key...
Aug 3 2018 // Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re™, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and...
Aug 3 2018 // Pricing pressure in the reinsurance industry weighed on Swiss Re’s first-half earnings, overshadowing a drop in natural-catastrophe claims. The company said it’s exploring an initial public offering for its...
Aug 1 2018 // Global insurer American International Group and private equity and financial services firm The Carlyle Group are forming a partnership to build a standalone provider of reinsurance, claims handling and run-off management...
Aug 1 2018 // Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families who claimed that...
Aug 1 2018 // After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes?S&P Global Ratings indicates that while reinsurers are entering...
Aug 1 2018 // The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets investors.FEMA has entered...
Jul 31 2018 // AXIS Capital Holdings Ltd. announced the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with insurtech companies that focus on high value re/insurance applications, new...
Jul 30 2018 // The federal government has granted Republican Gov. Scott Walker’s request to offer a reinsurance program designed to lower premium rates for most people in the individual market in 2019.The federal waiver will allow...
Jul 26 2018 // French reinsurer SCOR said its net profit in the second quarter of this year fell 37 percent to 96 million euros ($112.58 million) because of an accounting charge related to tax reforms in the United States.Excluding the...
Jul 25 2018 // Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team.The global advisory, broking, and solutions company has...
Jul 24 2018 // The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of...
Jul 24 2018 // The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the differences that exist among...
Jul 24 2018 // With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10...
Jul 20 2018 // Xceedance decided to jump on the blockchain bandwagon late last year – but rather than building its own platform, it invested in ChainThat, a specialist provider of blockchain solutions for the insurance and reinsurance...
Jul 18 2018 // Reinsurance companies increasingly are funding insurtech startups in order to structure more innovative products and improve their business efficiencies, but how much impact on the industry will these investments...