All the headlines from our Reinsurance Topic Page, ordered by recency.
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...
Apr 6 2016 // Alternative capital continues to make its presence felt in the reinsurance market, increasing by 12 percent during 2015 to $72 billion, while traditional capital decreased by 4 percent to $493 billion, according to a...
Apr 5 2016 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch on April 11 a global reinsurer trading platform called ABConnect Placements.Available for use with the July 1 renewals, ABConnect...
Apr 4 2016 // The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4).Designed to help provide access to affordable flood insurance cover for households at the...
Apr 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to refine underwriting requirements, according to industry...
Apr 1 2016 // While the April 1 renewals saw a continuation of the softening market, there are encouraging signs that price cuts are slowing and reinsurance demand is rising, according to a Willis Re report.For the fourth consecutive...
Apr 1 2016 // Lloyd’s announced it intends to file an application to open a reinsurance branch in Mumbai, following the publication of regulations governing the Lloyd’s market earlier this week by the Insurance Regulatory...
Mar 30 2016 // Compre, the London-based insurance and reinsurance legacy specialist, announced the signing of an agreement to acquire QBE’s share of the Ridgwell Fox & Partners’ (RFP) pool legacy reinsurance business.The...
Mar 25 2016 // A.M. Best said it has placed under review with negative implications the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of ACP Re Ltd., based in Hamilton, Bermuda...
Mar 25 2016 // The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty Ltd.Indeed, evidence...
Mar 24 2016 // EXOR SpA Chief Executive Officer John Elkann was named chairman of PartnerRe, the reinsurer that his investing firm acquired for [$6.9 billion on March 18, 2016 in its largest takeover].PartnerRe President Emmanuel Clarke...
Mar 24 2016 // Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor’s Ratings Services and Fitch Ratings in new...
Mar 23 2016 // Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington’s sanctions, according to officials...