Reinsurance News
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Reinsurance News – Wednesday 31st August 2016
31st August 2016
Here’s your daily Reinsurance News for Wednesday 31st August 2016: 10% of Italy earthquake economic loss to be re/insured: A.M. Best Global ratings agency A.M. Best has estimated that roughly 10% of the total economic loss from the recent earthquake that struck Italy will be covered by insurers and ... Read the full article
Reinsurance News – Wednesday 24th August 2016
24th August 2016
Here’s your daily Reinsurance News for Wednesday 24th August 2016: M6.2 earthquake hits Umbria, Italy A magnitude 6.2 earthquake has struck the Umbria region of Italy overnight, with early reports stating that 10 lives have been lost and that there's widespread damage to buildings and structures. Italian earthquake ... Read the full article
Reinsurance News – Tuesday 23rd August 2016
23rd August 2016
Here’s your daily Reinsurance News for Tuesday 23rd August 2016: Asian regulatory developments could increase reinsurance demand: Fitch Global ratings agency Fitch Ratings has said that a variety of regulatory initiatives across Asia could result in an increased demand for reinsurance protection as companies look to improve risk management. Read the full article
Reinsurance News – Wednesday 10th August 2016
10th August 2016
Here’s your daily Reinsurance News for Wednesday 10th August 2016: Reinsurance margin attrition ongoing, but slowing: Munich Re Global reinsurer Munich Re has said that international reinsurance pricing and terms are stabilising, highlighting that while the attrition to reinsurance underwriting margins remains, this is at a slower pace than previously. Read the full article
Reinsurance News – Tuesday 9th August 2016
9th August 2016
Here’s your daily Reinsurance News for Tuesday 9th August 2016: Munich Re Q2 profit down to €974 million as nat cat losses rise Global reinsurer Munich Re has reported its second-quarter 2016 results, posting a consolidated profit of €974 million, down from the €1.075 billion reported a year earlier. ... Read the full article
Reinsurance News – Monday 8th August 2016
8th August 2016
Here’s your daily Reinsurance News for Monday 8th August 2016: Berkshire Hathaway reports $337 million re/insurance underwriting profit in Q2 Berkshire Hathaway has reported its second-quarter 2016 results, revealing that its insurance and reinsurance operations posted an underwriting profit of $337 million, up from the $38 million loss reported ... Read the full article
Reinsurance News – Friday 5th August 2016
5th August 2016
Here’s your daily Reinsurance News for Friday 5th August 2016: Supply far exceeding demand still in P&C reinsurance: Hannover Re Reinsurance giant Hannover Re has highlighted the ongoing supply/demand imbalance in the global reinsurance marketplace, citing continued market pressures. However, the reinsurer did note further evidence that a "bottoming out ... Read the full article
Reinsurance News – Thursday 4th August 2016
4th August 2016
Here’s your daily Reinsurance News for Thursday 4th August 2016: Hannover Re's H1 net income and gross premiums down Reinsurer Hannover Re has reported its first-half 2016 results, posting a net income of €486.1 million, compared with €531.9 million a year earlier. The reinsurer also reported that gross premiums declined ... Read the full article
Reinsurance News – Wednesday 3rd August 2016
3rd August 2016
Here’s your daily Reinsurance News for Wednesday 3rd August 2016: Parametric insurance launched for farmers in China, backed by Swiss Re The first ever parametric disaster insurance programme for farmers in China has been launched. Backed by reinsurer Swiss Re the solution covers participants against flood, excessive rain, drought and ... Read the full article
Reinsurance News – Tuesday 2nd August 2016
2nd August 2016
Here’s your daily Reinsurance News for Tuesday 2nd August 2016: Lloyd’s puts Index on hold, as Brexit takes priority The Lloyd's of London specialist insurance and reinsurance marketplace has announced that it will delay the launch of an index for diversified insurance risks, as it seeks to gain a better ... Read the full article
Reinsurance News – Monday 1st August 2016
1st August 2016
Here’s your daily Reinsurance News for Monday 1st August 2016: Aon reports Q2 organic growth in tough market Insurance and reinsurance broker Aon has reported its Q2 results, revealing that net revenue declined by 1% to $2.8 billion, while organic revenue increased by 3% on the same period last ... Read the full article
Reinsurance News – Tuesday 26th July 2016
26th July 2016
Here’s your daily Reinsurance News for Tuesday 26th July 2016: Reinsurance losses may be sufficient to install pricing floor: Macquarie Analysts at Macquarie have said that global catastrophe losses sustained in the second-quarter of 2016 might be enough to establish a pricing floor at the January 2017 renewal. ... Read the full article
Reinsurance News – Monday 25th July 2016
25th July 2016
Here’s your daily Reinsurance News for Monday 25th July 2016: Recent China floods highlights need for greater disaster protection: Swiss Re Reinsurance giant Swiss Re has highlighted the need for greater insurance penetration in China, as economic losses from recent flooding in the country sees just a fraction fall ... Read the full article
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