All the headlines from our Reinsurance Topic Page, ordered by recency.
Oct 11 2018 // American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance giant’s...
Oct 5 2018 // Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business.Markel said it provides specialist facultative reinsurance to local Indian...
Oct 5 2018 // Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a costly, worldwide event in a matter of seconds. Unlike natural catastrophes, cyber isn’t limited to...
Oct 3 2018 // Iran is developing a range of new financial products, from Islamic bonds to warrants and insurance-linked securities, in an effort to give local firms more funding options as sanctions put pressure on the economy.The...
Oct 2 2018 // A division of Greenlight Capital Re has invested in a blockchain-related business based in Hong-Kong.The Cayman Islands-headquartered property/casualty specialist reinsurer said it pursued a strategic investment in Galileo...
Oct 2 2018 // Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on rates. The insurance...
Sep 28 2018 // Munich Reinsurance America, Inc. (Munich Re) has launched a cyber reinsurance product for regional property/casualty insurance carriers seeking to provide this coverage and associated services to their small and...
Sep 25 2018 // Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for Chubb Overseas General Insurance, the company’s international general insurance business in over 50 countries and territories.Konz is...
Sep 20 2018 // Members of the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution to Bermuda of more than $840 million in 2017, according to the group’s 13th annual member survey results.Data...
Sep 17 2018 // When PartnerRe acquired SAFR in 1997, it expanded its scope of business, moving quickly from being a monoline catastrophe reinsurer to a multiline company. Along with that purchase came PartnerRe’s future CEO,...
Sep 17 2018 // As global reinsurance executives gathered in Monte Carlo for their annual Reinsurance Rendezvous, Fitch Ratings said it expects consolidation of the industry will continue.The firm said intense market competition and...
Sep 17 2018 // During PartnerRe’s first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved–or diversified–over the...
Sep 17 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report.These three hurricanes during a...
Sep 13 2018 // The Hanover Insurance Group has agreed to sell Chaucer, its Lloyd’s-focused international specialty business, to China Reinsurance Group Corp. for total proceeds of $950 million.The Hanover had indicated in March it...
Sep 12 2018 // The industry’s Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a property excess-of-loss (XOL) contract and asked the industry to help test...
Sep 10 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report.These three hurricanes during a...
Sep 10 2018 // Pro US Holdings, the sole shareholder and immediate parent of ProTucket Insurance Company – the insurance carrier established in Rhode Island to provide run-off transfer solutions in the U.S. – has contributed...
Sep 10 2018 // As global reinsurance executives gathered in Monte Carlo for their annual Reinsurance Rendezvous, Fitch Ratings said it expects consolidation of the industry will continue.The firm said intense market competition and...
Sep 7 2018 // Aon plc is continuing its investment in cyber by creating US$350 million of new reinsurance capacity and launching its silent cyber* solution.Aon’s silent cyber solution is designed to partner with carriers in their...
Sep 7 2018 // Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by tax reform in the United States, which fundamentally changed how multinational entities are...