All the headlines from our Reinsurance Topic Page, ordered by recency.
Dec 16 2016 // The ongoing pressures of diminishing investment returns, dwindling loss reserves and intense competition are beginning to erode industry fundamentals, cautioned A.M. Best in a special report titled “Insurers Hunt for...
Dec 14 2016 // The outlook for the reinsurance sector is being held at negative by A.M. Best, which cited continuing market challenges that will hinder the potential for positive rating actions and may eventually bring negative rating...
Dec 13 2016 // During the 2016 presidential election, one theme from President-elect Donald Trump rang louder than any other: the importance of keeping jobs in America and finding ways to encourage (or perhaps force) companies that have...
Dec 12 2016 // The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions...
Dec 11 2016 // The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person...
Dec 9 2016 // XL Catlin’s reinsurance operations has announced two key leadership appointments for Bermuda and London, both effective January 2017.Jonathan (Jon) Gale, currently chief executive London Reinsurance, will take over...
Dec 7 2016 // The Credit Guarantee and Investment Facility (CGIF)* announced it has executed its inaugural reinsurance treaty, with a panel of market leading private reinsurers, led by the specialist credit reinsurance team of Munich...
Dec 5 2016 // North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal with a supply-demand imbalance that has weighed on returns, according to executives at the...
Dec 1 2016 // The flow of so-called alternative capital into the global reinsurance market is continuing, bringing it closer to the “convergence” in which traditional providers will eventually become conduits to the capital...
Nov 29 2016 // Bermuda-based AXIS Capital Holdings Ltd. announced it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, in a move that is designed to increase the company’s scale and relevance in the...
Nov 21 2016 // Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a survey by Guy Carpenter & Co. The survey polled executives from insurance and reinsurance companies,...
Nov 18 2016 // North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal with a supply-demand imbalance that has weighed on returns, according to executives at the...
Nov 16 2016 // Zurich Insurance Group’s re-underwriting program is starting to bear fruit – as evidenced by the company’s improved third-quarter results – but Group CFO George Quinn readily admits there is still work to...
Nov 16 2016 // Beazley, a provider of specialist reinsurance, has added Stephan Vieira as a reinsurance underwriter in its Specialty Surety Treaty unit, providing treaty and facultative reinsurance for surety and ancillary...
Nov 14 2016 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance and reinsurance products, announced it has entered an agreement to acquire Ariel Re, an underwriter of global re/insurance...
Nov 14 2016 // Everest Insurance has expanded its environmental offering with its new ESP policy form, a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily...
Nov 10 2016 // Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a survey by Guy Carpenter & Co.The annual survey polled executives from insurance and reinsurance...
Nov 9 2016 // The Insurance Regulatory and Development Authority of India (IRDAI) has granted SCOR an “R2 authorization,” which allows the group to open a composite branch office in India to conduct life and P/C reinsurance...
Nov 7 2016 // Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent.While General Re reported an increase...
Nov 7 2016 // Lloyd’s of London has secured approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), to provide onshore reinsurance services in India.The decision means that the...