All the headlines from our Reinsurance Topic Page, ordered by recency.
May 27 2016 // While its reinsurance plans for the 2016 hurricane season haven’t yet been nailed down, Texas’ insurance company of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in...
May 26 2016 // It may not be a climate change summit for the ages like last year’s Paris meeting in which world leaders hashed out a historic agreement to reduce carbon emissions, but it does have two things in common with the 2015...
May 25 2016 // There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC’s London re/insurance market review of reserve adequacy.PwC pointed to the fact that the...
May 24 2016 // Vanbridge Holdings LLC, an insurance intermediary, capital advisory and insurance and reinsurance management firm based in New York City, has appointed four new members to its Board of Directors.Joining the board are Craig...
May 24 2016 // At first glance, Bermudian re/insurance companies appeared to start the year with a bang, reporting a 21 percent increase in consolidated gross premiums written (GPW), according to a new report published by Standard &...
May 23 2016 // General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a “secret weapon,” “zero maintenance,” and a “true...
May 19 2016 // Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar with the matter.His exit...
May 18 2016 // Bermuda-based Aspen Insurance Holdings Ltd. has appointed new leaders for its insurance and reinsurance segments, in response to the announced retirement of CEO Mario Vitale.Stephen Postlewhite, previously chief executive...
May 18 2016 // Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., has formed a strategic alliance with cyber security specialist Symantec Corp. to create a cyber...
May 17 2016 // The Fort McMurray wildfires, which have been raging through northern Alberta, Canada since May 1, are likely to be the costliest natural disaster in Canadian history, according to recent reports issued by catastrophe...
May 17 2016 // A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and natural disasters, while bridging...
May 13 2016 // As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has...
May 13 2016 // Brentwood Reinsurance Intermediaries Inc. (BRII), a provider of insurance and reinsurance brokerage services, has appointed William (Bill) J. Hodson, of Burlington, N.C., as senior vice president.According to Brentwood...
May 9 2016 // Global reinsurance sector profits in 2016 will fall below 2015 levels as soft market rates, low investment income and an over-supply of capital continue to take their toll on the market, according to a new report from...
May 5 2016 // Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage insurers, mortgage lenders and...
May 4 2016 // Capsicum Re, the London-based specialist reinsurance broker, announced it has launched Capsicum Re Latin America (CRLA).“This is a major step in Capsicum Re’s strategy to become a full service, international,...
Apr 29 2016 // Swiss Re AG, the world’s biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing in the industry remained under pressure.Net income dropped to $1.23 billion from $1.44...
Apr 27 2016 // Munich Re, the world’s second-biggest reinsurer, fell the most since August 2013 after saying first-quarter profit will be lower than it previously expected.Earnings for the quarter will also be lower than a year...
Apr 27 2016 // Aspen Insurance Holdings Ltd.announced that its reinsurance segment, Aspen Re has appointed Hugo A. Cardona as managing director for Latin America and Caribbean.Cardona will join Aspen on May 2 from Odyssey Reinsurance Co....
Apr 25 2016 // Although the role of catastrophe reinsurance in a wind exposed region is intuitively obvious to an insurance professional and most insurer rating agencies, the need for transparency, education and open dialogue on this...