All the headlines from our Reinsurance Topic Page, ordered by recency.
Aug 3 2015 // TigerRisk Partners LLC announced its first presence in Asia with the opening of the Hong Kong office of its subsidiary TigerRisk China Partners. TigerRisk China Partners is a member of the Hong Kong Confederation of...
Jul 31 2015 // A.M. Best has released a new briefing focusing on the National Council of Private Insurance issuance of CNSP Resolution CNSP No. 322, which decreases the amount of premiums that Brazil’s local insurers must...
Jul 31 2015 // John A. Davis and Paul B. LeStourgeon have joined The Cincinnati Insurance Co. in its newly expanded reinsurance assumed initiative known as Cincinnati Re.Davis, managing director, head of casualty reinsurance, will...
Jul 30 2015 // Lloyd’s has announced that it intends to apply for an onshore reinsurance license in Malaysia. The move has been confirmed by the UK and Malaysian governments.The announcement that Lloyd’s will apply for a...
Jul 30 2015 // Shares in Swiss Re, Europe’s second-biggest reinsurer, fell the most since April in Zurich trading after second quarter earnings missed analysts’ estimates on lower profitability at its property and casualty...
Jul 30 2015 // San Diego, CA, July 30 2015 – Atlas General Holdings, a California based full service insurance services company that specializes in providing commercial insurance solutions, and Vanbridge Holdings LLC, an insurance...
Jul 29 2015 // Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more...
Jul 29 2015 // RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $73.2 million, or $1.59 per diluted common share, in the second quarter of 2015, compared to $120.8 million, or $2.95, respectively, in...
Jul 29 2015 // Irish state-owned health insurer Vhi Insurance DAC borrowed money from Warren Buffett’s Berkshire Hathaway Inc. to help avoid a bailout as the company comes under central bank regulation for the first time.Berkshire...
Jul 28 2015 // Aspen Insurance Holdings Limited, headquartered in Bermuda, reported net income after tax of $49.0 million for the second quarter ended June 30, or $0.62 per diluted share, compared to net income after tax of $130.8...
Jul 24 2015 // Aon announced that Qin Lu has joined the group as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China, to take effect later this year. The bulletin said the new appointment would “help to align...
Jul 24 2015 // A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Tower Hill Prime Insurance Company (Tower Hill Prime) in Gainesville, Fla. The outlook assigned to...
Jul 23 2015 // Integro Re, the reinsurance division of international insurance brokerage and risk management firm Integro Ltd., has hired Tara Ryan as senior vice president in Chicago.Her responsibilities include the production and...
Jul 21 2015 // PartnerRe Ltd., the reinsurer that agreed to merge with AXIS Capital Holdings Ltd., said it will enter negotiations with hostile bidder EXOR SpA after the Italian company’s latest cash offer for more than $6.7...
Jul 21 2015 // As Brazil’s sovereign ratings hover just above non-investment grade status, A. M. Best said it is considering the effect a future sovereign downgrade would have on rated re/insurers’ balance sheets and...
Jul 20 2015 // The Hartford has named A. Morris “Mo” Tooker as executive vice president and chief underwriting officer for the company’s property/casualty insurance businesses. Tooker will oversee underwriting across...
Jul 20 2015 // Merger and takeover activity is likely to continue in the coming months as re/insurers increasingly seek ways to deploy capital and create scale against a backdrop of ongoing soft market conditions and weak investment...
Jul 17 2015 // The reinsurance industry has seen more strategic restructuring within many Florida reinsurance programs in the first half of 2015, with commensurate gains for shareholders and policyholders, according to the latest...
Jul 15 2015 // Xuber, Xchanging’s insurance software business, has gathered a report, which reveals that “insurance executives in Bermuda are questioning the long-term benefits of the current spate of mergers and acquisitions...
Jul 15 2015 // Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return for ending sanctions that have crippled the nation’s economy and slashed its oil...