All the headlines from our Reinsurance Topic Page, ordered by recency.
Feb 18 2016 // Allianz SE, Europe’s biggest insurer, struck a deal to limit risks in the U.S. by transferring policy obligations to reinsurer Enstar Group Ltd.Enstar will assume net reinsurance reserves of about $1.1 billion and...
Feb 9 2016 // Lemonade, the startup peer-to-peer insurance carrier that has raised $13 million in initial funding, announced a line-up of global reinsurance partners, including Berkshire Hathaway and leading Lloyd’s of London...
Feb 4 2016 // Flood Re, the UK’s new flood reinsurance scheme, has successfully secured a £2.1 billion ($3 billion) multi-year reinsurance program. Flood Re, based in London, will begin operating in April.In an oversubscribed...
Jan 28 2016 // London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform.LSM’s Underwriting Division of Lloyd’s Insurance Company (China) Ltd....
Jan 28 2016 // Safety National Re announced it has added Charles Puno as vice president with a specialty in professional liability treaty reinsurance. He is based in Indianapolis, Ind.With over 25 years of industry-related insurance and...
Jan 27 2016 // A decision from the California Department of Insurance has workers’ compensation carrier Applied Underwriters and one of its companies on the defensive, and now a class action suit has been filed seeking to recover...
Jan 25 2016 // Alice Vaidyan has been appointed as chair and managing director of General Insurance Corp. of India (GIC Re), the national reinsurer. She is the first woman to be appointed as chair in the history of Indian insurance...
Jan 25 2016 // Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of their appetite could come in March when some Iranian companies seek new cover.Insurers,...
Jan 21 2016 // XL Catlin announced it has begun the licensing process to establish a reinsurance branch in India.The decision to pursue market entry into India aligns with XL Catlin’s strategy of establishing a presence in emerging...
Jan 20 2016 // Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour Group Holdings Ltd., the Bermuda-based diversified insurance group....
Jan 20 2016 // Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February.Miller-van der Schild will be responsible for further developing Guy Carpenter’s...
Jan 20 2016 // Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS market update from Willis...
Jan 19 2016 // Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has...
Jan 19 2016 // Bermuda-based Everest Re Group Ltd. announced that Mark de Saram, managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd., has notified the company of his decision to retire effective April 6,...
Jan 15 2016 // Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made a CBE in the United Kingdom’s New Year Honours List for services to the...
Jan 13 2016 // Billionaire John Paulson’s New York hedge fund firm has shut an operation in Bermuda that had been targeted by a Democratic lawmaker as a tax shelter.Paulson’s venture, a reinsurer named PaCRe Ltd., has stopped...
Jan 11 2016 // We think the time is right for you all to explore the [Florida] flood insurance market.”That was the message Florida Senator Jeff Brandes gave insurance industry attendees at the first ever Florida Flood Insurance...
Jan 8 2016 // Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of explosions at China’s Tianjin port last August, reinsurance broker Guy Carpenter said on Thursday.Rising...
Jan 7 2016 // Asked for his thoughts on climate change, Frank Nutter expeditiously turned to science.His sphere of influence is far-ranging as president of the Reinsurance Association of America, a position he’s held since 1991....
Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...