All the headlines from our Reinsurance Topic Page, ordered by recency.
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...
Apr 21 2016 // Ruschlikon, the global community of insurers, brokers and reinsurers with a mission to optimize industry administrative costs and enhance client services, announced achieved several important milestones in 2015 — a...
Apr 20 2016 // Insurers in the London, Europe and Bermuda markets writing catastrophe-exposed business take a different approach to retention of risk at the 1-in-100-year return level in comparison to the 1-in-250-year level, according...
Apr 18 2016 // CGNMB LLP, the London-based Lloyd’s broker, announced that Gordon Newman will retire from his role as CEO on April 20.Subject to regulatory approvals, his role and responsibilities will be assumed by Steve Hearn, CEO...
Apr 14 2016 // Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the headwinds that are...
Apr 13 2016 // General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday.An eventual successor will report to Berkshire Hathaway executive Ajit...
Apr 12 2016 // Stock pops or stock drops, there’s always been at least one winner when it comes to Daniel Loeb’s reinsurance company: Daniel Loeb’s hedge fund.Loeb’s Bermuda-based Third Point Reinsurance Ltd. paid...
Apr 11 2016 // Plenum Investments Ltd. has launched an insurance linked securities (ILS) fund, which will invest in collateralized reinsurance transactions, to be sourced and underwritten by Bermuda’s boutique reinsurer Sequant...
Apr 7 2016 // Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to Swiss Re AG.“Price...