All the headlines from our Reinsurance Topic Page, ordered by recency.
Sep 18 2015 // China Reinsurance Group Corp., the nation’s biggest reinsurer, received Hong Kong stock exchange approval for an initial public offering, people with knowledge of the matter said.The Beijing-based company plans to...
Sep 17 2015 // Politicians must act to cap global warming when they meet at a United Nations summit at the end of the year as the financial and humanitarian consequences of natural catastrophes become ever clearer, reinsurers meeting at...
Sep 16 2015 // A report published by Guy Carpenter & Co., released Sept. 2015, identified four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and...
Sep 16 2015 // Downward pricing pressures eased during the June 1 and July 1 renewals – the first time since January 2013 – which suggests that a reinsurance pricing floor is not far away, according to a report published by JLT...
Sep 16 2015 // Hiscox has merged its Bermuda and London Market casualty reinsurance teams. The new division, operating under the Hiscox Re brand, and led by Nick Pascall as head of Casualty Reinsurance, controls a combined portfolio of...
Sep 15 2015 // Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd’s of London insurance companies are paying too much.Deal-making will continue after Tokyo-based...
Sep 15 2015 // Some takeovers in the reinsurance industry by investors from outside the sector may ultimately be viewed as “adventuresome,” the chief financial officer of reinsurer Swiss Re said.The reinsurance business has...
Sep 15 2015 // Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess their cargo risks.While there are plenty of catastrophe models in the non-marine sector,...
Sep 14 2015 // Major reinsurers like Munich Re, Swiss Re, Hannover Re are looking to new markets and selling more cover to existing clients to ease price pressures after several years of falls, they said at their annual meeting in Monte...
Sep 14 2015 // Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new...
Sep 14 2015 // Canopius Group AG* announced the formation of an integrated global business unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance Inc.The business...
Sep 14 2015 // Bermuda-based Sequant Re appointed Victor Baillargeon as chief underwriting officer.With over 35 years of underwriting experience, Baillargeon will lead the development of Sequant Re’s underwriting strategies that...
Sep 14 2015 // The world’s largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade’s quietest years for catastrophe...
Sep 11 2015 // A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or...
Sep 11 2015 // Executives at Dan Loeb’s reinsurer, which is headed for its second-straight annual decline in New York trading, told investors not to count on a quick rebound in the industry as competition...
Sep 10 2015 // Markel Corporation and CATCo Investment Management Ltd. announced they have entered into an agreement whereby Markel will acquire substantially all of the assets of CATCo, a Bermuda-based specialist in insurance linked...
Sep 10 2015 // In its most recent Reinsurance Market Report Willis Re, the reinsurance division of Willis Group Holdings plc, notes: “Faced with significant over-capacity and widespread pricing pressure, the growth in global...
Sep 9 2015 // French reinsurer SCOR Group held its annual Investor Day in Paris that included an overview of the implementation of the company’s strategic plan “Optimal Dynamics” in its first two years.SCOR’s...
Sep 9 2015 // Global reinsurer capital totaled $565 billion at June 30, 2015, a reduction of two percent relative to the end of 2014 that was driven by strengthening of the U.S. dollar, according to the latest edition of the Aon...
Sep 9 2015 // Amlin Plc’s $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd’s of London insurers in the spotlight for a possible takeover.Beazley Plc, Hiscox Ltd., Lancashire...