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Reinsurance News – Thursday 29th September 2016
29th September 2016
Here’s your daily Reinsurance News for Thursday 29th September 2016: CEA policy uptake rises, more risk transfer will be required: Pomeroy The California Earthquake Association (CEA) has reported a substantial increase in policy uptake in 2016, which suggests that more reinsurance is likely to be needed in the future. Read the full article
Reinsurance News – Wednesday 28th September 2016
28th September 2016
Here’s your daily Reinsurance News for Wednesday 28th September 2016: E&S market to come under pressure, as reinsurers hunt returns: Fitch Fitch Ratings has warned that the U.S. excess and surplus (E&S) insurance market could come under increasing pressure, as reinsurers look to enter the space in an effort ... Read the full article
Reinsurance News – Tuesday 27th September 2016
27th September 2016
Here’s your daily Reinsurance News for Tuesday 27th September 2016: Reserves suggest reinsurance cycle is at an inflection point: JLT Re Reinsurance broker JLT Re has warned that the reinsurance industry is in "danger of releasing reserves" in spite of suggestions that accident year redundancies are running low. ... Read the full article
Reinsurance News – Thursday 22nd September 2016
22nd September 2016
Here’s your daily Reinsurance News for Thursday 22nd September 2016: H1 profits at Lloyd's increase to £1.46 billion The specialist Lloyd's of London insurance and reinsurance marketplace, has reported profit of £1.46 billion for the first-half of the year, compared with £1.2 billion a year earlier. However, the market's combined ... Read the full article
Reinsurance News – Friday 16th September 2016
16th September 2016
Here’s your daily Reinsurance News for Friday 16th September 2016: Bottom of the soft market is very close, or already here: Swiss Re CUO The bottom of the softening reinsurance cycle is either very close, or is already here, explained Swiss Re's CUO Matthias Weber at the 2016 Monte ... Read the full article
Reinsurance News – Monday 12th September 2016
12th September 2016
Here’s your daily Reinsurance News for Monday 12th September 2016: It's day two of the 2016 Monte Carlo Reinsurance Rendez-vous, the 60th anniversary of the reinsurance, insurance and more recently insurance-linked securities (ILS) meeting in the south of France. Here's all the latest coverage from our sister publication Artemis around the 2016 ... Read the full article
Monte Carlo Rendez-vous Reinsurance News
11th September 2016
Here’s your daily Reinsurance News for Sunday 11th September 2016: The 2016 Monte Carlo Reinsurance Rendez-vous is underway, the 60th anniversary of the reinsurance, insurance and more recently insurance-linked securities (ILS) meeting in the south of France, where market participants discuss prospects for the next major reinsurance renewal season. To get up ... Read the full article
Reinsurance News – Friday 9th September 2016
9th September 2016
Here’s your daily Reinsurance News for Friday 9th September 2016: Italy quake insured losses not expected to exceed EUR200m: S&P Global financial services rating agency S&P has announced that gross insurance industry losses from the recent earthquake that impacted part of Italy, are not expected to exceed €200 million. ... Read the full article
Reinsurance News – Thursday 1st September 2016
1st September 2016
Here’s your daily Reinsurance News for Thursday 1st September 2016: Hermine forecast to break Florida’s hurricane drought Tropical depression 9 has now reached tropical storm status and been named tropical storm Hermine. The storm is tracking towards Florida and expected to intensify to hurricane strength before making landfall, breaking ... Read the full article
Reinsurance News – Friday 26th August 2016
26th August 2016
Here’s your daily Reinsurance News for Friday 26th August 2016: Italy earthquake could cause $11bn economic loss: Report The Italian Civil Protection Department has provided an early estimate for losses from the recent earthquake that devastated part of Italy, saying that it could result in an economic loss of roughly ... Read the full article
Reinsurance News – Thursday 25th August 2016
25th August 2016
Here’s your daily Reinsurance News for Thursday 25th August 2016: Capital inflows to hurt post-event profit of London re/insurers: A.M. Best The highly competitive insurance and reinsurance marketplace suggests that London market players' post-event profit surge is under threat, according to A.M. Best. U.S. cyber insurance premiums reached ... 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 – Monday 22nd August 2016
22nd August 2016
Here’s your daily Reinsurance News for Monday 22nd August 2016: Canada Life International Re grows profits and seeks acquisition of Irish reinsurer Dublin domiciled reinsurer Canada Life International Re reported a 47% increase in after-tax profit to €165 million last year. The company also announced that it's working on ... 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