Latest Reinsurance Headlines

All the headlines from our Reinsurance Topic Page, ordered by recency.

Low Insurance Penetration Creates Asia-Pacific Opportunities: Aon Benfield

Mar 11 2015 // As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of growth in the global marketplace, according to a report published by Aon...

Munich Re Continues Buying Back Shares Amid Falling Profit

Mar 11 2015 // Munich Re, the world’s biggest reinsurer, will continue buying back shares as declining prices and lower investment income undermine earnings.Munich Re plans to repurchase an additional €1 billion ($1.056 billion)...

Bilot, Knutzen Lead Advocate Reinsurance Partners’ Minneapolis/St. Paul Office

Mar 10 2015 // Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm based in Dallas, announced the appointments of Daniel Bilot and Jon Knutzen as partners in the firm’s new Minneapolis/St. Paul,...

Low Catastrophe Claims Help to Boost Full-Year Profit for Hannover Re

Mar 10 2015 // Hannover Re, the world’s third-biggest reinsurer, plans to pay a special dividend after fourth-quarter profit rose more than analysts estimated, helped by low catastrophe claims. The shares climbed.Net income rose to...

Insurers, Brokers and Clients Express their Views on the Industry

Mar 9 2015 // The Economist’s Insurance 2015 Conference, which took place on Tuesday, March 15, at the ornate Clothworkers Hall in London, featured a panel that expressed the views of insurers, brokers and their clients in a...

Sompo Japan Nipponkoa Plans to Buy 15% Stake in French Reinsurer SCOR

Mar 6 2015 // Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French reinsurer SCOR SE in potentially its biggest investment abroad amid diminishing opportunities for growth at home.The insurer will initially buy 7.8...

Hedge Fund, Sandell Asset Management, Forms Bermuda Reinsurer

Mar 5 2015 // Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, started a Bermuda-based reinsurer to support its investing strategy.Sandell Re will rely on the hedge fund to oversee the reinsurer’s...

A Closer Look at Berkshire Hathaway’s Insurance Operations

Mar 4 2015 // Carrier Management Special ReportWarren Buffett’s insurance beginnings and predictions; breaking out the insurance and reinsurance results; the growth and expectations for Berkshire Hathaway Specialty Insurance;...

Vanbridge to Acquire Alan Gray in Boston

Mar 4 2015 // Vanbridge LLC, an insurance intermediary, capital advisory and insurance and reinsurance management firm based in New York, announced that it has agreed to acquire Alan Gray Inc., an audit, actuarial, underwriting,...

Fairfax Financial to Benefit From its Acquisition of Brit plc: Moody’s Report

Feb 27 2015 // The proposed acquisition of Brit plc by Fairfax Financial Holdings is “credit positive” for Fairfax, according to Moody’s, which noted that the deal will significantly boost Fairfax’s underwriting...

AXA to Acquire 7% of Africa Re to Increase Pan-African Exposure

Feb 23 2015 // AXA has entered into an agreement to acquire a 7.15 percent stake in African Reinsurance Corporation, the leading reinsurance company in Africa.Under the terms of the agreement, the total cash consideration payable at...

Global Reinsurance M&A – A Strategy or an Ultimatum? Best’s Briefing

Feb 20 2015 // A.M. Best has released a briefing exploring the recent wave of merger and acquisition (M&A) activity in the global reinsurance industry and how it reflects on reinsurance companies’ “desire for scale to...

Report Challenges Eliminating Deductibility of Foreign Reinsurance Premiums

Feb 19 2015 // A report from the Tax Foundation challenges recent tax proposals including the White House’s 2015 budget that call for provisions to limit deductions of “legitimate business costs for tax purposes.”The...

Swiss Re Plans $1.1 Billion Share Buyback; Q4 Net Income Hit

Feb 19 2015 // Swiss Re AG, swimming in excess capital after several years of lower-than-expected disaster claims, plans to shift to share buybacks to return cash to investors after three years of paying a special dividend.The...

Reinsurers’ Shopping Spree Won’t Slow Down Falling Rates – S&P Report

Feb 18 2015 // In a recent report Standard & Poor’s Ratings Services said it anticipated further mergers and acquisitions in the global reinsurance industry. The report – “Reinsurers’ Shopping Spree...

A.M. Best: European (Re)Insurers Face Pressure Points; Ratings Are Stable

Feb 18 2015 // The recent unveiling by the European Central Bank (ECB) of its large-scale sovereign bond buying program is just one of the pressure points building in Europe that could affect insurers and reinsurers’ balance...

Best Sees Minimal Rating Impact from Tax Changes on Reinsurance

Feb 13 2015 // A.M. Best has weighed into the ongoing debate over whether or not the ability of “foreign” reinsurers to avoid significant amounts of U.S. taxes by transferring reinsurance premiums paid to foreign affiliates...

Guy Carpenter Explains ‘Collateralized Reinsurance’ Transactions

Feb 12 2015 // Guy Carpenter has provided an answer to a rarely asked question, but one which increasingly affects insurers and reinsurers: namely, what’s involved in a collateralized reinsurance transaction?Guy Carp explained that...

Loeb’s Third Point Reinsurance Ltd. Shuns Acquisitions in U.S., Europe

Feb 12 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, said buying a competitor in the U.S. or Europe could clash with its business model.“One of our strengths is we can...

Arch Reports Q4 Net Income of $209.7 Million; $812.4 Million for 2014

Feb 11 2015 // Arch Capital Group Ltd., a Bermuda-based insurance and reinsurance company, reports that net income available to Arch common shareholders for the 2014 fourth quarter was $209.7 million, or $1.60 per share, compared to...