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Reinsurance News – Thursday 12th January 2017
12th January 2017
Here’s your daily Reinsurance News for Thursday 12th January 2017: Operating landscape a new reality for reinsurers: A.M. Best Ratings agency A.M. Best has said that global reinsurers could be faced with a new market reality of lower returns and increased dependency on underwriting profits. Rating agency & ... Read the full article
Reinsurance News – Tuesday 10th January 2017
10th January 2017
Here’s your daily Reinsurance News for Tuesday 10th January 2017: $510m run-off startup Premia launches with Arch & Kelso backing New Bermudian property & casualty insurance and reinsurance run-off group, Premia Holdings Ltd., has now launched with a $150 million initial capital raise, with backing from Arch Capital and Kelso & Company. ... Read the full article
Reinsurance News – Wednesday 7th December 2016
7th December 2016
Here’s your daily Reinsurance News for Wednesday 7th December 2016: Enstar enters into $919 million QBE Legacy deal Enstar Group has revealed that one of its subsidiaries has entered into an agreement with a division of QBE Insurance Group, to reinsure U.S. P/C business, assuming gross reinsurance reserves of roughly $919 ... Read the full article
Reinsurance News – Tuesday 6th December 2016
6th December 2016
Here’s your daily Reinsurance News for Tuesday 6th December 2016: Liberty Mutual to acquire Ironshore from Fosun International Liberty Mutual has announced the acquisition of Ironshore from Fosun International, a deal that is expected to close in the first half of 2017. The purchase price is subject to closing price ... Read the full article
Reinsurance News – Friday 2nd December 2016
2nd December 2016
Here’s your daily Reinsurance News for Friday 2nd December 2016: Krefta to become CEO of Hiscox Bermuda, Hiscox Re & ILS Insurer and reinsurer Hiscox has announced that Jeremy Pinchin is to return to London, and leave his position as CEO of Hiscox Bermuda and CEO of Hiscox Re and ... Read the full article
Reinsurance News – Wednesday 5th October 2016
5th October 2016
Here’s your daily Reinsurance News for Wednesday 5th October 2016: Sompo Japan acquires Endurance for $6.304 billion Sompo Japan has acquired property and casualty insurer and reinsurer Endurance Specialty Holdings for a reported $6.304 billion. The potential acquisition was announced last night, and confirmed by both parties this morning. 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 2nd September 2016
2nd September 2016
Here’s your daily Reinsurance News for Friday 2nd September 2016: Reinsurance is on the edge of profitability There's an expectation that a normalised year for catastrophe losses could see some reinsurers begin to report unprofitability, as the series of market headwinds persists. Tokio Marine in talks to ... 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 – Tuesday 16th August 2016
16th August 2016
Here’s your daily Reinsurance News for Tuesday 16th August 2016: Arch Capital acquires United Guaranty from AIG for $3.4 billion Arch Capital has acquired United Guaranty Corporation and AIG United Guaranty Insurance (Asia) from AIG, for a reported $3.4 billion. Expect re/insurers to keep writing, even below cost-of-capital: ... Read the full article
Reinsurance News – Friday 29th July 2016
29th July 2016
Here’s your daily Reinsurance News for Friday 29th July 2016: Swiss Re's P&C Re segment hit by cat losses, reports Q2 underwriting loss Reinsurance giant Swiss Re has reported its Q2 2016 results, posting a group net income of $637 million. The firm's P&C Re segment was hit by catastrophe ... Read the full article
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