All the headlines from our Reinsurance Topic Page, ordered by recency.
Jun 16 2016 // Dan Loeb’s Third Point Reinsurance Ltd. said scrutiny of the industry’s offshore tax advantage has lessened after hedge fund manager John Paulson closed a venture that stood out as an ” outlier” for...
Jun 15 2016 // Pro Global Insurance Solutions plc announced that it has become the first company to file an application for a new domestic insurer in Rhode Island to facilitate insurance business transfers (IBT) under the August 2015...
Jun 15 2016 // While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a hit as a result of the persistent soft market and its negative effect on top line...
Jun 14 2016 // Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining underwriting discipline,...
Jun 14 2016 // Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool legacy reinsurance business for an undisclosed sum.RFP is a reinsurance...
Jun 13 2016 // A successful chief financial officer needs to be collegial, cooperative, highly visible and a strategic thinker who has the ability to view corporate risks holistically, according to Jonathan Reiss, CFO of Bermuda-based...
Jun 10 2016 // Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of results in 2015, reporting an average combined ratio of 90 percent,...
Jun 9 2016 // The shoe may eventually be placed on the other foot for the U.S.This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other countries....
Jun 7 2016 // HCI Group, Inc. (HCI) has appointed Ted Blanch as president of TypTap Insurance Company, HCI’s new online insurance company.Blanch brings years of industry experience to TypTap, which offers an online platform to...
Jun 6 2016 // Solvency II will increase insurers’ demand for reinsurance products as they seek to strengthen their capital positions via risk transfer, according to a report published by Fitch Ratings.Reinsurance can help reduce...
Jun 6 2016 // When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds.“You’re only as successful as the...
Jun 6 2016 // While reinsurance for the 2016 hurricane season hasn’t yet been nailed down, Texas’ insurer of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in funds available for...
Jun 3 2016 // With its reinsurance program now in place, the Texas Windstorm Insurance Association (TWIA) says it is in its strongest-ever position for this year’s hurricane season with $4.9 billion in total funding available to...
Jun 2 2016 // Getting insurers to rid themselves of investments in fossil fuels, creating products to deal with climate change and helping the world better understand risk, were among the topics on Wednesday at a summit on the insurance...
Jun 2 2016 // Former American International Group CEO Maurice “Hank” Greenberg must stand trial over alleged sham transactions, New York’s top court ruled on Thursday, as the long-time financial industry titan failed...
Jun 2 2016 // Hurricane forecasters may be split on whether the 2016 Atlantic hurricane season will be above average or normal, but even a higher level of storms might not boost property insurance prices to levels seen in prior market...
Jun 2 2016 // The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from...
Jun 1 2016 // Joe Stuhl has been named senior vice president and broker executive for Munich Reinsurance America’s (US) reinsurance division. Previously Stuhl was a client manager in the reinsurance division and oversaw some of...
Jun 1 2016 // Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first emerged during last year’s June renewal season, according to reinsurance brokerage JLT...
May 31 2016 // Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a joint statement indicating...