All the headlines from our Reinsurance Topic Page, ordered by recency.
Jul 2 2015 // According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization...
Jul 2 2015 // It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until...
Jul 1 2015 // Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business School, City University London, discussed the findings of her book on the reinsurance...
Jun 29 2015 // A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t...
Jun 29 2015 // After a slight dip in the wake of the brief lapse of the terrorism reinsurance program in early 2015, terrorism insurance market conditions are steady again, although there have been some noteworthy changes in behavior,...
Jun 26 2015 // First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading large-scale...
Jun 26 2015 // The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift their focus under a bill introduced by Senator Ron Wyden to counter what he called abuses by offshore...
Jun 25 2015 // Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker.Chedid Re, which is a subsidiary of the Lebanese group Chedid Capital Holding, said this...
Jun 24 2015 // Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,”...
Jun 24 2015 // Wardour Street in Central London’s SoHo district has long been known for film and TV productions, but it’s now home to hi-tech enterprises as well. Jaydeep (Jay) Korde, client principal at ThoughtWorks, one of...
Jun 23 2015 // Over 30 years ago, Karen Clark produced the first catastrophe model – for hurricanes. Since then the use of these valuable tools has changed the face of the re/insurance industry. They are indispensable for the...
Jun 22 2015 // London-based Amlin has appointed James Few as global managing director of reinsurance, effective from August 1, 2015, subject to regulatory approval.He will be supported by Christian Bieri, who continues to lead...
Jun 19 2015 // Not so long ago, critics of Obamacare were warning of death spirals, the risk that too many sick people and not enough healthy ones would sign up for insurance, triggering a cycle of ever higher costs for insurers and...
Jun 19 2015 // World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said.Russia and Qatar could be stripped of...
Jun 19 2015 // A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second...
Jun 16 2015 // Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region.The agreement will give Berkshire 20 percent of...
Jun 11 2015 // Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, said the company is positioned to withstand competition from other investment firms because the industry isn’t as easy to enter as some people...
Jun 9 2015 // JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner.Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with...
Jun 8 2015 // Xuber, Xchanging’s insurance software business, announced that it has been appointed by P/C reinsurer Ariel Re to provide “the Xuber ‘for Reinsurers solution suite’ for the company’s...
Jun 5 2015 // After two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals.Reinsurance broker Guy Carpenter & Co. reported that the...